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Forex news

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Forex news

The pound is retreating below 1.27 to uncertainty about the Briexit

09:41 am 2019-05-21

The pound fell against the dollar and other major currencies on Tuesday, falling below $ 1.27 for the first time in more than four months. The British currency was affected by uncertainty over the impending exit of the UK from the European Union after the government talks on Britain's exit from the European Union with the Labor Party ended in vain last week. Lidsum must preserve the essence of the presentation on the essence…More

Dollar is rising against its major counterparts in Asian trading on Monday

06:39 am 2019-05-20

The Dollar rose against major currencies on Monday morning as traders followed Trump's comments on the trade war with China and the possibility of military intervention in Iran Trump: We reached an agreement with China, but they changed it US President Donald Trump said the United States "largely" made a trade deal with China before the negotiations collapsed and Washington implemented a new round of tariffs on Chinese imports. "We had a very strong…More

Dollar and yen are buoyant and the pound is collapsing

10:46 am 2019-05-17

Major currencies diverged at the close of weekly trading on Friday as the yen rallied as demand for safe haven rallied, while the pound hit its lowest level in four months due to the berscht and the euro's divergence after the European data Euro zone core inflation rises to 1.3% A Eurostat review showed on Friday that core consumer prices in the euro area had a strong annualized momentum in April compared to the first…More

Dollar fell against major currencies as trade tensions returned

10:17 am 2019-05-16

The dollar traded lower during morning trade during European trading on Thursday as the strong rise in trade tensions returned with Trump signing an executive order to protect US networks from Hawaii spy. US equity futures are little changed While European stocks traded modestly in the red zone on Thursday after the opening bell, New York stock markets were looking to start almost, according to initial indicators. There were only minor movements in exchange rates and precious…More

Dollar was mixed against currencies as the trade conflict subsided

09:57 am 2019-05-15

The dollar fell as the dollar index fell in European trading on Wednesday as traders followed trade war developments and mutual exchanges between the two sides. Chinese President stresses the lack of conflict of civilizations amid the trade dispute with Washington Chinese President Xi Jinping on Wednesday stressed that "there is no clash of civilizations" amid tension with the United States and concern about China's rising power, condemning the theory of racial superiority. This comes after…More

Eur rose after industrial production data in the euro area

10:12 am 2019-05-14

  The European currency traded in green during morning trade despite the intensification of the trade war between China and the US The traders continued industrial production data and economic confidence in Germany, which were released this morning Industrial production in the euro zone fell by 0.3% in March Eurostat said in a statement published on Tuesday that seasonally adjusted industrial production in the euro zone fell by 0.3% in March from the…More

Dollar is down after the China-US trade war fears

12:59 pm 2019-05-13

The US dollar fell against its major counterparts in the European session on Monday, as hopes of a federal interest rate cut boosted tariffs on Chinese goods last week. At the end of the US decision to raise tariffs, Federal Reserve Chairman Rafael Postic said in his speech in Mississippi that he did not rule out whether the new tariff could cut interest rates. Trump: China will be severely damaged without agreement US…More

Dollar stabilizes and Trump commenting on the definitions

12:14 pm 2019-05-10

 The dollar settled Friday's trade amid rising trade tensions between the world's two largest economies after the increase in US tariffs on Chinese imports came into effect. The Dow fell more than 100 points after Trump's comments in China  US stocks opened low on Friday after recovering slightly from yesterday's losses as traders digested the latest comments from President Donald Trump, who said tariffs on goods from China would bring "much more" …More

Currency performance diverged amid anticipation

02:48 pm 2019-05-09

The major currencies recorded mixed trading on Thursday as traders watched the tug of war over the China -US trade war.                        China said on Thursday it had kept its promises in trade talks with the United States, rejecting US accusations that it was backtracking on its commitments. "The United States has made many classifications, such as backtracking, backtracking, etc. Many promises have been made on China," Commerce Ministry spokesman Gao…More

Dollar is mixed, futures contracts are falling, and trade tensions are forecasting

10:53 am 2019-05-08

The dollar fell relatively flat on Wednesday and futures on Wall Street fell as investors expected developments in US-China trade negotiations. The talks are scheduled to continue this week, with Vice Premier Liu He arriving in Washington on Thursday China has retreated from key parts of the trade deal China has rewrote the text of the trade agreement to the United States with major changes to the text with regard…More

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