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 10, 2019
Golden pound symbol and golden arrow up - pound money rise concept - retro style

GBP Strengthens as Polls Show Johnson Nears Majority

The Pound was driven higher this week as polls indicate that Prime minister Johnson will seal a majority in next weeks general election. The Pound has seen good levels of support, with investors now believing that the victory is now Johnson’s to lose. Pound levels have hit year highs against many of the majors including […]
December 10, 2019
The light red arrow icon on a background of money. The concept of changing course of US dollar on the market. Devaluation, collapse, stagnation of the economy.

Dollar Rates Drop as Data Disappoints and Potential Impeachment Looms

The dollar weakened slightly following another poor data run and the leader of the democrats Nancy Pelosi laying out her case in order to push ahead with impeachment proceedings against President Trump. The only respite for the dollar coming in the form of non-farm payroll numbers which smashed the target. The poor data was a […]
November 28, 2019
American dollars an Usa Flag.Close up of american flag and dollar cash money on old oak wood.

Dollar Weakens as Possibility of Trade Deal This Year Looks Unlikely

The Dollar had enjoyed a slight boost following the FOMC minutes which claimed that no further easing would currently be required. The gains seen on Wednesday were short-lived, however, as the sources claimed that it was now extremely unlikely that the US and China could now strike a trade deal this year. FOMC minutes The […]
November 11, 2019
canadian money in a pocket of a blue jeans

Canadian Dollar Falls Further as Job Numbers Tumble

The Canadian Dollar fell further this past week upon the release of the latest Canadian jobs data. The Canadian Dollar had stabilised since its last disappointing GDP release and concerns surrounding the Chinese economy. The CAD-USD has tumbled from a 3 month high seen in late October when the pair touched 0.7663 with the latest […]
November 4, 2019
Composite image of stocks and shares

NFP Numbers Surpass Target but Manufacturing Stumbles as ISM PMI Falls

Markets had a keen eye on Friday’s data with a series of impactful US data releases scheduled. The train-like momentum of the US jobs market had been slightly more questionable of late. The last two readings missed target falling short of forecast, investors were looking to see if the last few months had been a […]
October 30, 2019
House of Parliament and British flag

Pound Stagnant as Parliament Are Faced with Parliamentary Election

Sterling traded within a tight band this week as the path to Brexit became opaquer this week. Following the collapse of last weekend’s meaningful vote, MP’s voted for Johnson’s deal but rejected the proposed timetable. Johnson, in turn, stated he was pausing the deal in order to call for a general election. The UK now […]
October 22, 2019
Beautiful United Kingdom waving flag and behind the famous Big Ben.

Brexit – Meaningful Vote Becomes Meaningless

As Members of Parliament congregated on Saturday for the first time in over 30 years the UK and financial markets eagerly anticipated the vote of Boris Johnsons ‘great new deal’. Thursday, Friday and Saturday morning had been spent the conservative party gaining support and flogging the deal to rebel opposition members and those sat firmly […]
October 16, 2019
British pound exchange rate: British pound coin placed on a gree

Pound Surges More Than 2% as Brexit Pathway Is Found

An unscheduled meeting between Prime minister Boris Johnson and Leo Varadkar prompted GBP to surge this week as it was stated a ‘pathway to Brexit’ had potentially been found. The meeting which took place in a country house on the Wirral saw GBP rise as markets brought into the possibility of a Brexit breakthrough. Whilst […]
October 1, 2019
Details with the lonely flag of the United Kingdom during a conference of European Union officials

Pound Falls as Parliament Prorogation Is Deemed Unlawful

The Pound fell this week as the UK supreme court ruled that Boris Johnson’s parliament prorogation was ruled as unlawful. The decision saw GBP fall against a basketful of currencies including the Euro and USD. The Supreme court consists of 11 of the UK’s top legal minds who voted unanimously. The court took the view […]