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.

April 15, 2019
New Zealand Currency - Fifty Dollar Bill

Busy Week of Data Announcements Could Be Turning Point for New Zealand Dollar against Sterling

It’s not a surprise that the Pound has been one of the worst currencies globally the last 12 months but the New Zealand Dollar isn’t far off within the G10. The UK has had a host of its own macro and political influences affecting the value but for New Zealand, inflation data will likely dictate […]
April 12, 2019
cryptocurrency mining concept with golden bitcoin litecoin and Ethereum golden coins next to a computer performant video card black background

3 Reasons for the Unexpected Surge in Cryptocurrencies This Week

Technical changes to crypto mining The world’s most popular cryptocurrency, Bitcoin (BTC) rallied 15% in a delay in an unexpected spike in value this week taking it to the highest value since November 2018. It surged $1,000 to break through the $5,000 barrier. Since a series of shocks dumps, Bitcoin hasn’t seen $5,000 for months […]
April 10, 2019
Glass Japanese yen signs background

Japanese Yen Takes a Hammering during Asian Trading but Pound Falls Further

Traders and investors across the world from Asia to Wall St taken out short positions on Japan’s currency for six straight weeks due to further signals that economic growth is slowing. This fuels the rumours that the central bank will maintain its record monetary stimulus. However, global risk sentiment has eased as the U.S. and […]
April 2, 2019
highway board, options HARD or SOFT BREXIT

Pound Gains against Both Euro and the Dollar as UK Government Looks to Move for a Softer Brexit

Ahead of Monday’s House of Commons indicative votes, Sterling posted gradual and steady gains against many major currencies as investors tried to do the impossible and predict the likely outcome of the tonight’ critical Brexit votes. As of writing the Pound to Euro exchange rate is +0.56% higher at €1.166 today and Pound to US […]
April 1, 2019
Turkish Lira with Turkish Flag

Turkish Lira Plunges Heavily Days before Controversial Weekend Political Elections

The Turkish lira plunged even further against the US dollar ($) after investors were spooked by a currency crackdown by President Recep Tayyip Erdogan ahead of elections this Sunday. The currency suffered its second sharp slide in a week after the Turkish authorities depleted its foreign reserves to head off another crisis and stopped its […]
March 28, 2019
Switch with Brexit and England flag and inscription no Deal and EU

The Impact of No-Deal Brexit on the Pound

As it did when the results of the 2016 referendum, the impact of a no-deal Brexit would be visible immediately across financial markets and more slowly in the wider economy. There would be three big things to watch with regard to markets: government-bond yields, share prices and crucially the value of the currency. Brexit uncertainty […]
March 26, 2019
No Deal Brexit flag

In the Case of No-Deal Brexit – What Provisions Are Being Made?

Prime Minister of the UK, Theresa May this week has managed to get a short extension for leaving the EU until 12th April. Despite still hammering the idea she wants to exit with a deal (her deal), if she cannot win the support of MPs between now and 12th April, then the possibility of a […]
March 19, 2019
Stock Market Graph next to a 1 dollar bill (showing former presi

Why Has the Dollar Corrected so Harshly against All Major Currencies?

The U.S Dollar (USD) has fallen against all the major currencies apart from the Japanese Yen after poor jobs growth from the month of February. Its been widely documented that Trumps administration has been in turmoil for the past 2 years and now with a continuing trade war with China, the pressure is being felt in the country’s […]
March 18, 2019
australian dollar goes down

Australian Dollar Set to Weaken Further after a Poor 6 Months – Here’s Why

The Pound-to-Australian (GBP/AUD) Dollar exchange rate moved to a near a four-month high at 1.8688 at due to the Brexit process going as planned and seemingly Aussie-negative news out of Asia. The AUD weakened on Thursday in response to signs of a further contraction in the Chinese manufacturing sector during February. China’s economic problems directly […]