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 joint venture between Delta Air Lines and Alitalia will soon see the operation for flights between the United States and Italy that won't require travelers to quarantine upon arrival at their destination.
British Chancellor of the Exchequer Rishi Sunak said that the United Kingdom will not join a post-Brexit trade deal at any cost.
Stocks Higher During Asian Session; Nikkei 225 Up to New All-Time High; WTI Crude Oil Above $45; Dull FOMC.
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The Dow Jones Industrial Average (INDEXDJX: .DJI), a major U.S. equity index representing thirty of the largest U.S. companies, closed yesterday at 30,046.24 – an all-time record high closing price and the first ever close above the psychologically important 30,000 level.
Sterling moved lower against the euro as Forex traders hold their collective breath for clarity on this week's Brexit negotiations.
The US stock markets hit historical highs yesterday after President-elect Joe Biden began choosing the members of his future cabinet and after President Donald Trump's decision to initiate the transition process.
Dow Jones Index Closes Above 30,000; S&P 500, Nikkei 225 Close at All-Time Highs.
An improvement in risk sentiment helped push the pound sterling toward the 2-month peak it had struck on Monday.
The General Services Administration informed President-elect Joe Biden that he can begin the formal transition process.
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Trump Instructs Formal Biden Transition; U.S. Dollar Down, Risk Up; WTI Crude Oil Bid.
The pound sterling was higher against its major rivals during London trade on Monday, after the announcement of positive news regarding a vaccine to combat the spread of COVID-19.
The US stock markets closed in mainly negative territory last week as the pandemic advances in the United States and despite continued hopes for an effective vaccine.
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December Vaccination Plan Boosts Stocks; U.S. Dollar Down, WTI Crude Oil Bid.
The US Dollar briefly reversed course after Steve Mnuchin, the Secretary of the US Treasury, announced that the Federal Reserve Bank would return funds intended specifically for loans
The Australian Bureau of Statistics recently reported that the unemployment rate in October stood at 7 percent, an increase from the previous month's 6.9 percent but lower than expected, as analysts predicted it to be at 7.2 percent.