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 possible shutdown of the US federal government has spooked investors and pushed the Dollar broadly lower as a result.
Bitcoin broke the $12,000 for the first time during Wednesday’s Asian trading session, smashing that barrier and continuing its upward climb to trade at $12,367.61 as of 2:16 p.m. HK/SIN, according to Coinbase.
The Pound Sterling fell against rivals after markets were disappointed with the latest news on the Brexit negotiations.
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Asian stock markets were mixed on Tuesday following a choppy session in New York on Monday and after news that the Reserve Bank of Australia kept its cash rate stable at its December policy meeting.
The US Dollar was broadly higher on Monday after the US Senate approved legislation to overhaul the controversial US tax reform code.
The U.S. dollar gained against most of its primary trading partners on Monday morning, hitting two-week highs after the Senate passed its highly-anticipated tax bill over the weekend.
This week will see a reasonably busy news agenda, with the key items coming as key economic data releases for the U.S. Dollar including the Non-Farm Payrolls.
The US Dollar had edged up against the Japanese Yen and earlier hit a 10-day peak as investors’ optimism seemed to be growing on hopes that President Trump’s tax reform will move toward approval in the US Senate.
On the last day of the trading month, the US Dollar Index is poised to record a loss for the month with wary investors keeping a watchful eye on the passage of tax reform legislation in the United States Senators could vote today on the bill.
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All eyes may be on bitcoin, but it seems that for many traders it’s been “eyes on, hands off” in the past few trading sessions.
The US Dollar was steady versus the Japanese Yen, receiving support from the latest economic data out of the United States which was unexpectedly upbeat.
Bitcoin broke the $10,000 mark on Tuesday night, posting over 900 percent gains this year so far, the largest gain of all asset classes, as growing institutional demand for cryptocurrencies of all types continues to propel the markets upward.
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Sign up to get the latest market updates and free signals directly to your inbox.The US Dollar was moving away from a recently struck 2-month trough versus the Japanese Yen as FX traders await today’s confirmation hearing for Jerome Powell, the next head of the US Federal Reserve Bank.
Bitcoin neared $10,000 on Tuesday, trading at $9,887.69 as of 1:45 p.m. HK/SIN, as traders eyed another record high.
The Euro consolidated Monday’s gains and earlier struck a 2-month peak against the US Dollar as the selloff in Chinese equities has encouraged investors to profit from long bets.