The following Forex news reports are the latest developments of the Forex market. The news reports are updated frequently and include all the events that affect the foreign exchange trading industry.
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The US Dollar edged lower versus the Canadian Dollar during Monday trade in Asia as investors await the upcoming NAFTA deadline.
This week is likely to be active, as although there is less important data scheduled compared to last week, we will get the U.S. Dollar-related Non-Farm Payrolls data at the end of the week.
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Japan’s Nikkei soared to a 27-year high on Friday, boosted by a stronger dollar and Wall Street’s gains on Thursday.
As the third largest economy in the Eurozone, the news that there will likely be a postponement of Italy's budget meeting resulted in nervous investors.
Federal Reserve raised interest rates a quarter point on Wednesday and remained committed to gradually tightening monetary policy in light of its expectation for economic growth this year and next.
While cautious optimism has managed to provide the Pound Sterling with some support, the doubting factions have capped momentum and pushed the Pound lower during Wednesday trade in London.
The dollar traded in a tight range on Wednesday.
Sterling continues to move higher with a general improvement in investors' risk appetite as hopes continue to rise that the UK government will be able to secure a Brexit deal.
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The U.S. dollar was higher on Tuesday, as traders looked for hints from the U.S. Federal Reserve which analysts expect to raise interest rates later this week.
Hope of a deal for the UK government has helped to push the Pound higher against the US Dollar.
News that the ongoing US-Sino trade war is about to shift into high gear had given the Japanese Yen, as a safe haven currency, a lift
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Sign up to get the latest market updates and free signals directly to your inbox.This week is likely to be very active, as there is plenty of important data scheduled concerning the U.S. Dollar as well as some other currencies.
The impact of trade war fears generated by the ongoing rift between the United States and China is estimated to create less damage to global growth rates than initially expected.
A combination of factors helped to push the Pound Sterling higher during London trade on Thursday.