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.

December 13, 2018
Canadian money on a black background

Canadian Dollar Saved after Positive November Jobs Outlook

CAD surges after sound November labour market data. Despite healthy Jobs and unemployment, wages continue to disappoint. Bank of Canada outlook softened due to the positive data report A brief relief for CAD after a dark few months Friday was a happy day for the Canadian Dollar after it strengthened rapidly after November’s labour market […]
December 11, 2018
blue background with euro bills and european union flag symbolizing euro zone

Eurozone Growth Troubles Euro Exchange Rates

The Euro is currently facing a growth derived headwind as many facets of the single currency economy appears to be faltering. This week brought the release of Eurozone services data and Purchase Managers numbers. Manufacturing had shown a significant slowdown and markets were placing bets on whether the slowdown had been stemmed or whether the […]
December 10, 2018
brexit concept - Union Jack flag and iconic Big Ben in the backg

Pound Exchange Rates Tumble as Brexit Approaches Parliament Vote

Pound exchange rates have capitulated as the UK appears to be willing to turn down Theresa May’s deal and take another run at the EU or look to dethrone the troubled leader.  The PM requires the support of 320 MP’s on Tuesday evenings vote. Currently, the if estimates are accurate, it would appear that May […]
December 7, 2018
USA and China trade war concept. Tade war caused by the 2018 US tariffs on steel and aluminium

Xi and Trump Agree 90-Day Trade Truce

US officials have announced that President Trump and Xi has agreed on a 90-day delay on further import duties on Chinese goods. Trump confirmed the dinner at the G20 summit had been productive claiming that the evening was “productive meeting with unlimited possibilities for both the United States and China”. The 90 days affords the […]
December 5, 2018
British Union Jack flag flying in front of the Bank of England i

Bank of England Deliver No-Deal Brexit Warning – GBP Falls

Mark Carney Governor of the BOE provided a wake-up call for the British public this week delivering his no deal economic predictions. The Bank’s predictions which covered UK growth, effects on employment, currency volatility and property prices, drove the pound lower. The Pound lost ground against both the Euro and Dollar. Whilst the Bank was […]
November 27, 2018
Indian Rupee (INR) banknotes

Does the INR Exchange Rate Show That Emerging Market Currencies Are Back?

The last few weeks have seen the Indian rupee stage a strong fightback against the GBP and Dollar. The currency had been punished following a significant fall in emerging market appetite over the last few weeks. The depreciation in the market caused by the increasing possibility of a trade war between the US and China […]
November 26, 2018
Two chess pawns with UK and European flags

Pound / Dollar Recovers as May and EU Agree Future Union

The Pound recovered reasonably well this week despite, the undoubtable turmoil the UK Brexit deal now faces. Whilst support for Mays deal would appear minimal the PM plans a campaign run shortly in order to gain support for the agreement. It is believed that the future union between the UK and EU is agreed, this […]
November 20, 2018
Fallen dominoes on pound, euro and dollar bank notes illustrating banking crisis

Pound Plunges as Cabinet Member Dissert May’s Government

The Pound jumped off a cliff this week as May’s Brexit draft agreement prompted a handful of cabinet members including the Brexit secretary Dominic Raab to resign. Slightly peculiar, bearing in mind Raab has resigned following the delivery of a Brexit deal he had negotiated with May and a few others. The resignations prompted the […]
November 15, 2018
'I Voted' stickers on the US flag background.

Midterm Elections Results See Dollar Dip and Stocks Rally

While the midterms delivered very little surprises the outcome cause an element of volatility in financial markets. The Result which saw Democrats regain the house whilst Trump’s Republican retained control of the Senate. Trump has enjoyed a carte blanche approach to policy and change, a luxury which will almost certainly change now. The result leaving […]