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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Greenback Dips Then Recovers; Global Stocks Mixed but Tech Rebounding; USD Approaching New Multi-Month Highs Against Yen and Euro; WTI Crude Oil Sells Off.
The pound edged up against both the euro and US dollar, boosted by the continuing progress in the UK's vaccination program and news that the BoE governor expressed cautious optimism over the economic recovery.
The US financial markets were mixed yesterday in light of the Senate's decision to back Joe Biden's $1.9 trillion stimulus bill.
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10-Year U.S. Treasury Yields Well Above 1.5%; Stocks Mixed; USD Breaks to New Multi-Month Highs Against Yen and Euro; WTI Crude Oil Hits $67.50.
Brent crude oil prices surged above $70 for the first time in a year after Houthi military forces executed an attack on Saudi Aramco production facilities.
Bank of Japan Deputy Governor Masayoshi Amamiya said that the bank must keep the yield curve "stably low" given the country's economic situation due to the impact of COVID-19.
10-Year U.S. Treasury Yields Well Above 1.5%; USD/JPY Breaks to New Multi-Month High Again; Key Chinese and Japanese Stock Indices Lower.
10-Year U.S. Treasury Yields Well Above 1.5%; USD/JPY Breaks to New Multi-Month High Again; Key Chinese and Japanese Stock Indices Lower.
10-Year U.S. Treasury Yields Well Above 1.5%; USD/JPY Breaks to New Multi-Month High Again; Key Chinese and Japanese Stock Indices Lower.
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The US Dollar remained close to a 3-month peak during Asian trade on Friday after comments made by the head of the Federal Reserve Bank sent the currency higher.
The last two trading days have seen the major currency pair USD/JPY march higher and higher to new multi-month highs
The unveiling of the next budget by the the UK's finance minister on Wednesday helped to keep the pound propped up against its two key rivals, the greenback and euro.
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Sign up to get the latest market updates and free signals directly to your inbox.Bitcoin recovered its losses yesterday, gaining 3.91% during the session and breaking the $50,425 level.
U.S. Dollar Ranging; USD/JPY Breaks to New Multi-Month High; Global Stock Indices Regain Limited Ground.
As markets await the newest budget presented by the British government, the pound sterling gained ground on the euro and held its own against the greenback.