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.

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 […]
March 11, 2019
brexit concept - double exposure of flag and Westminster Palace with Big Ben

Theresa May’s Grimsby Speech – What Went On

Theresa May made a thinly veiled sales pitch to MPs, specifically her brexiteer backbenchers rather than another EU appeal for further concessions as many expected. In another defiant but empty speech in an energy warehouse in Grimsby. Apparently, the staff at the docks were given only 30 minutes notice before she arrived as she addressed […]
February 25, 2019
European Union and United Kingdom leaders shaking hands on a deal agreement. Brexit

Pound Rallies Positively as Financial Markets See a Brexit Deal More Likely

The Pound was this week’s unexpected top performer of all the major currencies this week. It strengthened significantly against the Euro and Dollar thanks to rising positive sentiment that a ‘no deal’ Brexit is not as likely in 5 weeks’ time on March 29. Pounded sterling traded at the top of the range of recent […]
February 12, 2019

The Week That Was And The Week That Might Be

A “special place in hell” is where European Council President Donald Tusk believes the Brexiteers who had no plan for Brexit, but promoted it anyway, should rest. Tusk’s appetite for an confrontation is nicely summerised here, although it is yet to be seen whether his intentionally provocative and combative remarks will lead to an offer of […]
February 11, 2019

It’s Official, Germany falls in to “Technical Recession” and Here’s Why

An unexpected fall in German industrial output in December ensured any hopes of a bounce post late 2018 bear market were stifled. It was only a matter weeks ago that we had more data out that was placing Germany in to a recession and this week, the death blow was finally dealt. Importantly, it acts as […]
February 11, 2019
When Carney Talks, its markets that listen not politicians.

When Carney Talks, It’s Markets That Listen, Not Politicians

The head of the UK central bank Mark Carney has strongly warned that if a no deal Brexit occurs, Britain will face the weakest growth since the 2008 financial crisis. Central bank describes a “Brexit fog” A no-deal scenario risks at least 2 quarters of negative growth 2019 growth forecast cut from1.7% to 1.2% BoE […]
February 11, 2019
NZ Dollar Tumbles This Week as Unemployment Increases

NZ Dollar Tumbles This Week as Unemployment Increases

NZ Dollar exchange rate fell this week as weak jobs data appeared to highlight cracks in the NZ labour market. The adverse data opened up the possibility that the Reserve Bank of New Zealand might be needing to cut interest rates. Unemployment increased dramatically in Q4 2018 The final quarter of 2018 showed unemployment increasing […]