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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S&P 500 Index Higher; Japanese Yen & U.S. Dollar Weaker; Euro & Australian Dollar Stronger
The Pound Sterling recovered after a brief move lower against its EU and US counterparts after the UK's House of Commons approved the Internal Market Bill.
The Federal Statistical Office of Germany reported that retail sales gained 3.7 percent (year-to-year) in August, below July's figure which stood at 5 percent and lower than what the analysts expected, who foresaw it to increase by 4.2 percent.
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S&P 500 Index Getting Sold; Japanese Yen & U.S. Dollar Stronger; Angry U.S. Presidential Debate
The US Dollar was mixed during the London trading session on Tuesday, with investors generally wary ahead of the looming Presidential debate.
Yesterday, the oil futures markets managed to close in positive territory despite the surging fears regarding demand.
S&P 500 Index Breaks Resistance Above 3330; U.S. Dollar Down; Over 1 Million Dead from Coronavirus
The US Dollar Index remains close to a 2-month high as market players await fresh developments before gauging the greenback's direction.
The US Dollar Index fell from a 2-month high during Asian trade on Friday as investors' concerns of a US economic recovery were eased by hopes of additional stimulus.
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The Pound Sterling inched higher against the US Dollar during London trade on Thursday as market participants awaited news on the next set of lock down measures
The Swiss National Bank announced its decision to leave the cash rates unchanged, in the negative territory, at 0.75 percent.
S&P 500 Index Again Approaches Correction Level; U.S. Dollar Bid; British Pound Hits Low
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Though broadly lower now, currency strategists say that the US Dollar is likely to maintain positive sentiment and gain ground against its rivals, especially in the Eurozone where a resurgence of the Coronavirus is weighing on sentiment.
The Reserve Bank of New Zealand announced on Wednesday its decision to leave the cash rates unchanged at 0.25 percent, a decision that is in line with the analysts' expectations.
S&P 500 Index Finally Bounces From Correction Level; Global Stocks Mixed; U.S. Dollar Bid; British Pound Hits Low