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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A combination of factors helped to push the Pound Sterling higher during London trade on Thursday.
The U.S. dollar traded near seven-week lows against its primary trading partners on Thursday as traders edged away from the currency on fears of the spiraling trade war between the United States and China.
The Pound Sterling edged higher and struck a 9-week peak versus the US Dollar on news that the UK's CPI for August was higher than anticipated,
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The Japanese Yen moved away from a 2-month trough versus the US Dollar with investors taking the latest tariff issues in stride.
The Pound Sterling eased away from a 6-week peak as FX traders exercise caution ahead of this week's EU summit.
The trade dispute between the United States and China showed no sign of resolving on Monday after U.S. President Donald Trump imposed 10 percent tariffs on nearly $200 billion of Chinese imports.
The Pound Sterling edged higher during London trade, finding support on news that there is now some advancement on the issue of the Irish border.
European markets were expected to open lower on Monday, pressured by speculation that U.S. President Donald Trump would move forward with new tariffs on Chinese goods as early as later today.
This week is likely to be relatively quiet, as there is very little data scheduled concerning the U.S. Dollar.
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Disappointing inflation data from the United States briefly pushed the US Dollar broadly lower but the greenback was able to bounce back.
The Corporate Restructuring Summit (CRS) has concluded with extreme success, and DailyForex was proud to be a media sponsor of this worthwhile event. Read on to hear about what topics were discussed and to see what interesting developments were on the agenda.
The Pound Sterling continues to flirt with yesterday's highs as market players await the momentary release of the Bank of England's policy decision.
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The Pound Sterling moved lower during trade on Wednesday on reports that the Prime Minister's seat is likely to be challenged.
The U.S.-Sino trade war continued to escalate this week, pushing markets lower and sending traders to safe-haven assets.