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 French central bank reported that the economy likely contracted by 4% in the final quarter of 2020, which confirms a previous estimate that the economy shrank by 9% last year.
Hang Seng and Nikkei 225 Indices Reach All-Time Highs; U.S. Dollar Retreats; Data in on Coronavirus Vaccines.
The pound sterling moved higher against its two main rivals during London trade on Tuesday after comments from Andrew Bailey suggested that the central bank would not be considering a negative rate environment.
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The House of Representatives will be voting on Wednesday on a single Article of Impeachment to once again impeach President Trump, who will by that time have one week left in office.
U.S Dollar Strengthens Against Risky Assets; Major Stock Indices Mixed After Highs; Democrats' Move to Impeach Trump Continues.
Echoes of 2017’s blow-off top as Bitcoin drops by 23% in only three days.
A strengthening US dollar helped push the GBP/USD pair below the $1.35 level for the first time this year.
According to data released by the Australian Bureau of Statistics, retail sales rose by 7.1% in November, against the previous month's 7% climb and higher than expectations of 7%.
Bitcoin Down >19% From Friday; Major Stock Indices Mixed After Highs; Democrats Move to Impeach Trump Again.
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The US Dollar Index maintained positive sentiment and remained close to a 2-month peak on news of higher yields on US Treasury instruments
Democratic candidates won both of Georgia’s Senate seats earlier this week, putting the upper chamber of the U.S. Houses of Congress into deadlock.
The pound sterling held just below a recently struck 2½ year peak against the US dollar, fueled by speculation that the Bank of England may take interest rates even lower than they are now, possibly to sub-zero levels.
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The United States Congress announced the certification of the Electoral College votes, confirming that Joseph R. Biden will be the next president of the United States.
Bitcoin Hits New Record High Above $37k; Major Stock Indices Hit Record Highs and Remain Firm; Democrats Take Control of Senate by Winning Georgia; 4 Trump Supporters Die Storming Congress
The US dollar came under heavy pressure with the US Dollar Index striking a near 3-year trough as markets gauged the outcome of the Georgia Senate race.