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
Stocks Lower on Natural Retracement; U.S. Dollar and Yen Strengthen, WTI Crude Oil Hits 2-Month High.
The United Kingdom's Office for National Statistics reported that the Consumer Prices Index (CPI) for September went up more than expected in October at 0.7 percent (year-on-year), after being at 0.5 percent in the previous month.
Stocks Tread Water on Poor U.S. Sales Data; Yen Strengthens, Bitcoin Hits $18,000.
Top Forex Brokers
The pound sterling was higher against key rivals during the London trade on Tuesday as Forex players wait for further news on the Brexit discussions.
Moderna, Inc. reported yesterday that its COVID-19 vaccine is 94.5 percent effective, becoming the second company to report a high-performing vaccine after Pfizer announced its own with over 90 percent efficacy.
Stocks Gain; S&P 500 Index Closes Above 3600; RBA Prepared for More Stimulus; U.S. Dollar Weak
The pound sterling couldn't hold on to positive momentum and edged lower against the US dollar during London trading on Monday.
According to data released by China's National Bureau of Statistics, Industrial production rose more than analysts' expectation of 6.5 percent, though remaining unchanged from the previous month's 6.9 percent.
Stocks Gain; Nikkei 225 Index Hits All-Time High; Biden Advisors Rule Out Nationwide US Lockdown; U.S. Dollar Sold
Bonuses & Promotions
Though currently lower, the US Dollar is still poised to end the week on a positive note against the Japanese Yen, likely recording the best week's close since March.
The US dollar was steady against its key rivals as FX traders gauged the likelihood that a vaccine to combat the COVID-19 virus would have any major success before the pandemic's global second wave surged.
The United Kingdom's Office for National Statistics recently reported the country's preliminary Gross Domestic Product, which stood 15.5 percent in the third quarter (quarter-to-quarter) after dropping by 19.8 percent in the previous quarter.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.Stocks Mostly Weaker; Nikkei 225 Index Gains Again; Trump Continues Legal Challenge to Provisional Results in Several Key States
The pound sterling struck a 2-month peak against the common currency euro during London trading on Wednesday.
The US stock markets continued to bet for a near-term economic recovery after Pfizer announced it's coronavirus vaccine, which claims over 90% efficacy.