Below are the latest Forex rates (from Investing com) and Forex news (from DailyFX)
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Financial markets may overlook ample top-tier economic data and a steady stream of central bank commentary as a pivotal speech from US President Donald Trump takes the spotlight.
Posted: February 25, 2017, 5:43 am
Exports of U.S. crude continue their rise to record levels, which has limited the price impacts of OPEC cuts
Posted: February 25, 2017, 4:59 am
One of the biggest winners of the ‘Trump Bump’ across markets was Japan. After the BoJ spent more than three years weakening the Yen as part of ‘Abenomics,’
Posted: February 25, 2017, 4:57 am
The rally in gold prices continued this week with the precious metal up 1.7% to trade at 1255 ahead of the New York close on Friday.
Posted: February 25, 2017, 4:53 am
Outlook for the British Pound remains tilted to the downside with U.K. on course to trigger Article 50 in March, and the Fed showing willingness to raise rates
Posted: February 25, 2017, 4:42 am
In last week’s forecast, we shared our concern that risk was rising for the indices, but the trend still remained upward until we saw a break in price action.
Posted: February 25, 2017, 4:37 am
Looking forward, there are a bunch of events dotted on both China’s and the U.S’ economic calendar, which could add some volatility to Dollar/Yuan rates.
Posted: February 25, 2017, 4:32 am
The Australian Dollar may gain if fourth-quarter GDP data confirm that the Lucky Country has avoided recession for yet another year. It is very likely that they will.
Posted: February 25, 2017, 4:29 am
The US Dollar may struggle in the week ahead as doubts about the impact of still-uncertain fiscal policy overshadow hawkish pronouncements from Federal Reserve officials.
Posted: February 25, 2017, 4:27 am
Fresh monthly highs in AUD/USD raises the risk for a short-term squeeze in the exchange rate as Australia’s 4Q GDP report is expected to show a 0.7% rebound.
Posted: February 24, 2017, 6:30 pm