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.

August 12, 2019
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Pound Exchange Rates Driven Lower as UK Economy Shrinks

The UK experienced economic contraction between the months of April and June, the last shrinking taking place in 2012, highlighting concerns that the UK could be sliding into recession. The UK’s economic output fell 0.2% in the last quarter raising the fear that the UK could finally be feeling the uncertainty of Brexit. UK economy […]
August 12, 2019
USA America trade war economy conflict tax business finance / united states stock market exchange graph chart money crisis raised taxes on industry container ship in export import logistics

Currency Manipulator? – Is Trump Right to Accuse China of Being One?

The current trade war escalated further this week with President Trump officially accusing China of being a currency manipulator. In recent weeks talks between the two superpowers have if anything regressed and the latest accusations from the White House will do little to ease the deadlock. The comments were motivated by a significant weakening in […]
July 29, 2019
The dematerialization of money, euros are dematerialized on a black background.

Euro down Hits New Lows as Rates Are Held Steady

The ECB kept its interest rate level steady at 0% this week despite ambition from investors that the European Central Bank would look to kick start the economy again. Mario Draghi did, however, confess that the ECB would strongly consider rate cuts in future meetings but stated that a negative rate cut hadn’t been considered […]
July 23, 2019
British coins stack on black, pound sterling

Pound Assisted by Parliament as UK Awaits the Outcome of Tory Leadership Race

The downtrodden Pound had a moment to gather its thoughts and dust itself off this week as it enjoyed decent gains against some majors. Sterling rode the wave of poor Eurozone economic data, a parliamentary reprieve and a successful chain of positive UK economic data. Whilst markets will almost certainly ease off the Pound on […]
July 23, 2019
Euro and US Dollar bills

EUR/USD Falls as FED and ECB Are Expected to Cut

Although poor data from the eurozone has punished the single currency recently, rates are currently being more guided by the moves made and measures taken by central banks rather than data as the emphasis on monetary policy becomes more crucial. This week the Euro zones data disappointed once again and increased the possibility of ECB […]
July 16, 2019
Stock Market Graph next to a 10 dollar bill (showing former pres

Dollars Slips Further as Rate Cut Looks All but Certain

The Dollar fell back further this week as the Fed chair Jerome Powell all but confirmed that the bank would look to cut rates by 25bp at the end of the month. The latest Non-farms numbers are doing little to dissuade the central bank from cutting rates. In a prewritten statement in front of lawmakers […]
July 10, 2019
US Dollars Banknotes Macro Closeup Photo. Yellow-Blue Color Grading.

Non-Farms Stun by Smashing Target – Dollar Capitalises and FED Rethinks

The dollar came back into focus following the 4th July celebrations which had seen markets hit the pause button. May’s non-farm payroll had been forecast to highlight 160,000 jobs added to the US economy. However, the number stunned and saw the US dollar gain heavily against many of the majors. Economists had been slightly downbeat […]
July 7, 2019
Australian banknotes and coins

Australian Dollar up despite Consecutive RBA Rate Cuts

The Australian Dollar launched a comeback against many of the major pairs today following impressive trade surplus. This positive movement is motivated by the trade surplus, global index price performance and the rationale that the RBA’s cuts would to investors at least have now fell by the wayside. The reserve bank of Australia implemented two […]
May 2, 2019
Pound currency, money, banknote. English currency. UK banknotes of different values stacked on each other.

Sterling Nudges Higher against Dollar and Euro Pre Local Elections

The British Pound started the week significantly bullish against the Euro and U.S. Dollar. In a week where Bank of England, Mark Carney speaks and the UK is set to release a host of important data on property, mortgages and monetary policy. With Brexit still not solved, political headlines are the key catalysts in Sterling’s […]