Home » Forex » Page 5
News

Forex News

Dollar edges lower amid trade uncertainties

On Thursday, the dollar edged lower against its rivals as Trump sends mixed messages tempering with hopes that the U.S. and China would soon reach a trade deal. On Wednesday, Trump said trade talks with China were going on “very...

The US Dollar stable as trade woes hit Asia

On Wednesday, the USD remained stable in Asia during the morning trade after Trump raised doubts that the US would sign a trade deal with China before the end of 2020. “In some ways, I like the idea of waiting...

EUR/USD pair trades sideways as US-France trade tensions flare

On Tuesday morning, forex markets reacted to a sudden flare of trade tensions between the US and France. The EUR/USD pair currently trades at $1.1073, virtually unchanged from the morning’s opening rate. The EUR is struggling to find support as...

US dollar rose as trade talks remain in focus

On Tuesday morning, the USD rose while Asian currencies moved sideways in Asia after Trump announced his plans to revive tariffs on steel and aluminum from Brazil and Argentina. The announcement came after Monday’s data from the Institute of Supply...

U.S. Dollar flat in holiday-thinned trade

The USD remained flat during the holiday-thinned trade as the China-US trade progress remained in focus. However, the Latin American currencies remained active, with Brazil’s real experiencing several sharper moves. The U.S. President Trump signed into law two bills backing Hong...

Yuan steady as China PMI increases after months of gloom

The Chinese yuan remained relatively stable as December began with good news from China’s economy. China’s Purchasing Managers’ Index (PMI) was at 51.8 in November, up from a reading of 51.7 in October. On Friday, the National Bureau of Statistics...

The GBP react to poll projecting Conservative election win

A poll predicting a Conservative Party majority win in Dec 12 election lifted the pound. The poll estimated the win at 68 seats under the model YouGov pollsters developed. The win would give Prime Minister Boris Johnson a mandate to...

Yen rises, dollar flat as Trump signs the Hong Kong bill

On Thursday, increasing worries about the Sino-US tensions caused the safe-haven prices to rise, while the dollar stayed near flat. The USD/JPY pair dropped 0.1% to 109.45 by 05:20 GMT. The U.S. President Trump signed into law two bills that...

U.S dollar index remains upbeat amidst mixed economic data

The U.S dollar index was reported edging higher on Wednesday following the release of economic data that came out mixed. The U.S durable goods orders gained by 0.6% last month as compared to a sharp decline of 1.4% printed in...

U.S. dollar rises amid optimistic mild signs on trade

On Wednesday, the USD inched up in Asia after President Trump said the U.S. and China were in the final throes of an outstanding deal. His statement gave hope that the two countries could soon sign an agreement to end...

Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence. This website is free for you to use but we may receive commission from the companies we feature on this site. Click here for more information.