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.

February 11, 2019
Australian Dollar Tumbles as RBA Hints at Possible Future Interest Rate Cuts

Australian Dollar Tumbles as RBA Hints at Possible Future Interest Rate Cuts

The Australian Dollar fell this week as the RBA slashed its growth forecasts and set the AUD on a downward spiral. Highlighting that a rate cut was more likely than it previous was, the RBA governor set a different tone. Australian Property prices During his speech Governor Lowe touched upon the Australian property market stating […]
February 4, 2019
Aussie Dollar capitalises on dovish FED – USD/AUD dipping to a two-month low

Aussie Dollar Capitalises on Dovish FED – USD/AUD dipping to a two-month low

The Australian Dollar is closing in on a 3 month high this week following a dovish tone from the FED and encouraging if not perfect inflation data. The combination of the Jerome Powell’s recent FED statement and the Aussie inflation data propelling the Australian Dollar to a two-month high against the US Dollar. Whilst the […]
February 4, 2019

Canadian Dollar Rises to 3 Month High as Oil Prices Rise And Gap Between Yields Narrow

The end of the week saw the Canadian Dollar gain further ground against the US dollar with oil prices and the gap between Canadian marketable bond and US treasury’s yields narrowing. The combination spurred the CAD/USD pair to a 3-month high. Despite recent warnings from Canadian economic data that demonstrated the economy had slowed in […]
February 4, 2019
3 reasons why the Dollar was Bi-polar this week

3 reasons Why the Dollar was Bi-Polar this week

The Federal Reserve The dollar retreated against most major currencies on Thursday with the catalyst being the Federal Reserve’s cautious U.S. economic outlook. The move seems to suggest the central bank is nearing the end of its tightening. On Wednesday, the Fed’s dovish tone unexpectedly shocked the markets despite consistently reiterating patience and balance sheet […]
February 1, 2019
Effective Strategies To Convert Trading Leads To Loyal Customers

Effective Strategies To Convert Trading Leads To Loyal Customers

There are 2 aspects to the customer experience. The online part of the customer experience is heavily dependent on your marketing efforts. With the boom in smartphone sales and usage, the volume of digital marketing conversions from calls has exploded. When customers engage with a business’ digital ads, they most often do it on their […]
January 28, 2019
T May’s D-Day No.326.

T May’s D-Day No.326

It’s that time of the week/month/year again. Parliament are having a vote on Brexit, with the only ‘known known’(©Donald Rumsfeld) being that Theresa May hasn’t found any more friends for her previous attempt. It is said that a donkey is a horse designed by committee. There’s a joke in there about metaphors, Brexit, majorities committees, […]
January 25, 2019
Euro coins piles on Europe map with British pound sterling coins

Dream for Euro Buyers as Sterling Breaks out to past 1.15

Sterling hit new 2019 high passing 1.15 comfortably on Friday and held – Hard brexiteers see May’s Brexit deal as only way for Brexit to occur – Reluctant DUP pledges May deal support subject to Irish backstop amendments – Pound/Euro exchange rate boomed to 1.1483 Thursday, End of week high of 1.1560 – Pound/Dollar followed […]
January 21, 2019
Canadian banknotes on white background

CAD Hits 9 Day Low as Oil Prices Slip – but Could It Turn a Corner in 2019?

The Canadian Dollar slipped to a 9-day low against its US counterpart this week following yet another drop in oil prices. US crude slipped to $52.07 a barrel on Thursday following increased US production, contributing to CAD losing further ground against USD. Although the oil price led CAD depreciation was minimal it drove the commodity […]
January 21, 2019
Hand drawing a red line between the UK and the rest of the European Union. Concept of Brexit. The UK is thus on course to leave the EU on 29 March 2019

This Week’s Brexit Vote and How It Affects You

A summary of what went on. It’s fair to say it’s been a long 2 years since June 2016. As was expected by many sceptics, the proposed deal that was hashed together by Theresa May’s government was comfortably rejected by a whole 230 votes which is now a record margin on any vote for an […]