Forex News

Live Forex news from all over the world.

Archives

Bulls Back on GBP/USD from 1.2305?

The Great Britain pound versus the US dollar currency pair seems to be trying to rotate towards higher prices. Are the bears waiting for better prices, or the bulls already started a rise?

Chinese Yuan Slips as US Threatens Sanctions on China Over Hong Kong

The Chinese yuan is extending its losses to jumpstart the holiday-shortened trading week. The currency is falling against its rivals on Monday after the White House threatened to slap sanctions on China over the government’s proposed implementation of national security laws on Hong Kong that reportedly threaten its autonomy. The heightened tensions come as the world’s two largest economies escalate their war of words over trade. Whether this is a new […]

AUD/USD Slipped Under the 0.6600 Mark

The Australian dollar versus the US dollar currency pair seems to have failed to profit from the fact the price went above the 0.6600 psychological level. Do the bulls still have a chance?

Chinese Yuan Weakens As Government Abandons 2020 GDP Target

The Chinese yuan is weakening against its major currency competitors to end the trading week, driven by officials announcing that they are abandoning their gross domestic product (GDP) target for 2020. The yuan is also coming under pressure on US-China tensions regarding trade and Hong Kong. While the world’s second-largest economy has hit the reboot button, outside factors may pause its reopening.

Pound Falls on Weak UK Retail Sales Data and Risk-Off Sentiment

The Sterling pound today fell against the US dollar following the release of disappointing UK retail sales data in the early London session. The GBP/USD currency pair’s decline was further fueled by the risk-off market sentiment as investors priced-in various global risks.

USD/JPY Bounces off the 108 Psychological Level

The US dollar versus the Japanese yen currency pair is still to decide about the overall direction.

Euro Rallies on Upbeat Euro Area PMIs, Falls on Strong US PMIs

The euro today rallied higher against the US dollar earlier today lifted by positive PMI reports from across the euro area released by Markit Economics. The EUR/USD currency pair later fell after the release of positive PMI data from the US amid rising Sino-US tensions.

US Dollar Flat As Initial Jobless Claims Show Steady Decline

The US dollar is trading flat on Thursday as the number of Americans filing for unemployment benefits continues its downward pattern, suggesting the job-loss trend peaked at the end of March. US financial markets were flat across the board, so there was not a huge push into the traditional safe-haven asset toward the end of the trading week.

Price Sent by the Bears at 1.7000 on GBP/CAD

The Great Britain pound versus the Canadian dollar currency pair is at the 1.7000 psychological level. Is there a chance for the bulls to stop the bears in their tracks?

Euro Rallies on Bullish Sentiment, Mixed Eurozone Inflation Data

The euro today rallied higher against the US dollar driven by positive investor sentiment even as the greenback registered losses across the board. The EUR/USD currency pair rallied higher ignoring the weak eurozone inflation data released earlier today as investors bid up riskier assets.

Navigation

Menu