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.

October 18, 2018
Closeup of Italy on a map and Euro coins

Draghi Confirms ECB Plans Are on Course despite Italy and Growth Fears

While issues and certainties surround the future of global trade and Italy’s deficit target remains a real point of contention the ECB confirmed it is on track with its monetary policy. In the latest ECB policy meeting minutes, Draghi confirmed that the Central back would wrap up its €2.6 trillion Euro bond-buying program this year. […]
October 17, 2018
Display of Stock market quotes

8 Reasons Why the Global Financial Markets Fell

Stocks across the globe had their worst day in 8 months on Wednesday, with tech shares worst hit, coupled with higher interest rates, spooking all types of investors. We’ve summarised why the markets took a battering this week. Interest rates It’s no secret the Federal Reserve is raising interest rates. What that means is it’s […]
October 16, 2018
Economic trade war between USA and China, freight transportation concept, cargo containers with USA and China flags hoisted by crane hooks on blue cloudy sky background

Chinese Export Markets Undeterred by Tariffs

China’s exports increased to a record $46.7 Billion despite the very possible chance of further tariffs being added to Chinese imports. The increase represents an increase of roughly 13% year on year and increases the trade surplus to $34.1 billion. The trade activity has defied some experts who anticipated a sharp decline in exports from […]
October 15, 2018
North American Free Trade Agreement or Nafta and 2026 football world cup organizing countries concept with close up on the flags of Mexico, USA and Canada

Who Was the Real Winner from the ‘New NAFTA’ Deal?

After 14 months of negotiations, personal attacks and twitter rants it would appear that the US, Canada and Mexico are going to approve a ‘new NAFTA’ deal renamed the USMCA deal. Although every nation appears to have made concessions we take a look a key parts of the deal and what they might offer each […]
October 11, 2018
US unemployment graphic

US Non-Farms Report Weakest This Year – but Unemployment Rate Lowest since Late 60’s

This month’s Non-farm payroll numbers fell well short of market forecast showing just 134,000 additional jobs roles added to the US economy last month. Markets had anticipated a number closer to 185,000 and equated to the lowest monthly job growth of 2018. Despite this, other elements of the US job market continued to prove more […]
October 9, 2018
Sign at a stop junction in Ireland saying "Hard Border Ahead"

Potential Border Concession Boosts GBP Exchange Rates

GB Pound exchanges wrestled away from near month-long lows this week following hopes that a potential solution on the Irish could materialise. The solution which has received support from the Irish government could provide a resolution to one of the most challenging parts of the UK’s Brexit negotiations. The rumours have increased market confidence that […]
October 2, 2018
Eurozone EU flag

Weak Eurozone Inflation Extends EUR/USD Losses

This weeks eurozone inflation dealt a significant blow to the EUR/USD exchange rate as core inflation missed target defying the ECB’s prediction that inflation would begin to slowly pick up. The eurozone core inflation which omits market driven commodities such as food and energy slumped to an annualised figure of 0.9%. Arguably an even bigger […]
October 1, 2018
interest rate stock market chart

FED Interest Rate Rise Comes under Fire from Trump

The Federal Reserve Bank initiated another interest rate rise this week. The Rise of 0.25% was anticipated by the market but has attracted heavy criticism from President Trump who has once again bucked protocol and commented on the Federal Reserve Banks policies. This is despite being made aware that the bank’s purpose is to work […]
September 25, 2018
Negotiation of Great Britain and European Union (Brexit). Statesman or politicians with clasped hands.

The Pound Collapses as UK Head for No-Deal Brexit

The Pound tanked late last week as Theresa May announced that despite the UK’s willingness to negotiate and make a deal with the EU, the Chequers plan was the only plan on the table. The admission threw doubt on a resolution between the UK and EU. Her speech followed a disastrous summit in Saltsburg whereby […]