Forex News Shop Staff

We cover foreign exchange, currency and cryptocurrency news and guides. Our readers can find currency-specific foreign exchange news, political updates affecting currency and insight into where foreign exchange trends may go, as well as the latest cryptocurrency analyses and trends.

February 11, 2019

It’s Official, Germany falls in to “Technical Recession” and Here’s Why

An unexpected fall in German industrial output in December ensured any hopes of a bounce post late 2018 bear market were stifled. It was only a matter weeks ago that we had more data out that was placing Germany in to a recession and this week, the death blow was finally dealt. Importantly, it acts as […]
February 11, 2019
When Carney Talks, its markets that listen not politicians.

When Carney Talks, its Markets that Listen not Politicians.

The head of the UK central bank Mark Carney has strongly warned that if a no deal Brexit occurs, Britain will face the weakest growth since the 2008 financial crisis. Summary Central bank describes a “Brexit fog” A no-deal scenario risks at least 2 quarters of negative growth 2019 growth forecast cut from1.7% to 1.2% […]
February 11, 2019
NZ Dollar Tumbles This Week as Unemployment Increases

NZ Dollar Tumbles This Week as Unemployment Increases

NZ Dollar exchange rate fell this week as weak jobs data appeared to highlight cracks in the NZ labour market. The adverse data opened up the possibility that the Reserve Bank of New Zealand might be needing to cut interest rates. Unemployment increased dramatically in Q4 2018 The final quarter of 2018 showed unemployment increasing […]
February 11, 2019
Australian Dollar Tumbles as RBA Hints at Possible Future Interest Rate Cuts

Australian Dollar Tumbles as RBA Hints at Possible Future Interest Rate Cuts

The Australian Dollar fell this week as the RBA slashed its growth forecasts and set the AUD on a downward spiral. Highlighting that a rate cut was more likely than it previous was, the RBA governor set a different tone. Australian Property prices During his speech Governor Lowe touched upon the Australian property market stating […]
February 5, 2019

The Week that Was, The Week that Might be

Picture the scene: A British convertible with its roof down visits a Fast Food Drive Thru in Brussels. “Three chocolate milkshakes please” The worker looks bored, disappointed and tired: “There’s a sign back there. We’re out of chocolate shakes. We’ve got vanilla.” The car looks surprised and put out. “We’ve been working hard all day […]
February 4, 2019
Aussie Dollar capitalises on dovish FED – USD/AUD dipping to a two-month low

Aussie Dollar Capitalises on Dovish FED – USD/AUD dipping to a two-month low

The Australian Dollar is closing in on a 3 month high this week following a dovish tone from the FED and encouraging if not perfect inflation data. The combination of the Jerome Powell’s recent FED statement and the Aussie inflation data propelling the Australian Dollar to a two-month high against the US Dollar. Whilst the […]
February 4, 2019

Canadian Dollar Rises to 3 Month High as Oil Prices Rise And Gap Between Yields Narrow

The end of the week saw the Canadian Dollar gain further ground against the US dollar with oil prices and the gap between Canadian marketable bond and US treasury’s yields narrowing. The combination spurred the CAD/USD pair to a 3-month high. Despite recent warnings from Canadian economic data that demonstrated the economy had slowed in […]
February 4, 2019
3 reasons why the Dollar was Bi-polar this week

3 reasons Why the Dollar was Bi-Polar this week

The Federal Reserve The dollar retreated against most major currencies on Thursday with the catalyst being the Federal Reserve’s cautious U.S. economic outlook. The move seems to suggest the central bank is nearing the end of its tightening. On Wednesday, the Fed’s dovish tone unexpectedly shocked the markets despite consistently reiterating patience and balance sheet […]
January 28, 2019
T May’s D-Day No.326.

T May’s D-Day No.326

It’s that time of the week/month/year again. Parliament are having a vote on Brexit, with the only ‘known known’(©Donald Rumsfeld) being that Theresa May hasn’t found any more friends for her previous attempt. It is said that a donkey is a horse designed by committee. There’s a joke in there about metaphors, Brexit, majorities committees, […]