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.
Most Recent
Optimism over the efforts of the UK government's aggressive immunization program has helped push the pound sterling higher against its major counterparts.
U.S. Indices Trading Off-Hours at Records; Nikkei 225 Roaring Ahead; Bitcoin New High Just Below $50k; U.S. Dollar Continues to Weaken.
Market hopes that the UK's third lockdown will soon end have helped push the GBP/USD pair above the $1.39 level, the first such occurrence in almost three years.
Top Forex Brokers
U.S. Indices Trading at Records; Nikkei 225 Above 30K; Bitcoin Breaks $49K; U.S. Dollar Continues to Weaken.
The US Dollar is poised to record a losing week, the first in the last three, despite moving higher in Asian trade.
In today’s Forex market, most long-term trends are slowly turning into consolidation patterns. The notable exception is the British pound, which continues to go from strength to strength.
The pound sterling remained within recent trading ranges which included, at the high end, prices above the $1.38 level for the GBP/USD.
Nikkei 225 at Strong New High; U.S. Indices Trade Sideways at Tops; U.S. Dollar Continues to Weaken.
The GBP/USD pair broke above the key level of $1.38, a level not seen sine April 2018, with market optimism continuing to boost the currency.
Bonuses & Promotions
Stock Rally Continues; Bitcoin Peaks Above $48k; U.S. Dollar Continues to Weaken.
The pound sterling struck a near 3-year peak versus the US dollar and was also moving toward an 8-month high versus the euro during London trade.
Stock Rally Continues; Bitcoin Above $47.5K on Tesla Buy; U.S. Dollar Weakens.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.
Bitcoin in USD terms leapt up by more than 11% in an hour to trade at an all-time high price above $43,000 shortly before the New York open. The jump coincided with the public revelation in an SEC filing that Tesla (TSLA: NASDAQ) has purchased $1.5 billion worth of Bitcoin.
The pound sterling moved lower against the US dollar after having experienced an upward trend on improved global risk appetite.
Stock Rally Continues; U.S. Jobs Disappoint; Dogecoin Close to 9 Cents Sunday; Cryptocurrencies Strong.