Forex News

Up-to-the-minute foreign exchange news and economic data from global markets. These are the breaking financial and trading updates across the globe with live forex news.

February 12, 2019

The Week That Was And The Week That Might Be

A “special place in hell” is where European Council President Donald Tusk believes the Brexiteers who had no plan for Brexit, but promoted it anyway, should rest. Tusk’s appetite for an confrontation is nicely summerised here, although it is yet to be seen whether his intentionally provocative and combative remarks will lead to an offer of […]
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 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 […]
February 1, 2019
Effective Strategies To Convert Trading Leads To Loyal Customers

Effective Strategies To Convert Trading Leads To Loyal Customers

There are 2 aspects to the customer experience. The online part of the customer experience is heavily dependent on your marketing efforts. With the boom in smartphone sales and usage, the volume of digital marketing conversions from calls has exploded. When customers engage with a business’ digital ads, they most often do it on their […]