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Forex

British Pound Sees Relief Rally As PM Truss Ditches Tax Cuts For Super-Rich

British Pound Sees Relief Rally As PM Truss Ditches Tax Cuts For Super-Rich

Cyclical Profits: Can The Dream Of Every Forex Trader Be Made Real In Crypto?

Cyclical Profits: Can The Dream Of Every Forex Trader Be Made Real In Crypto?

Pound is Keeping a Stiff Upper Lip

Pound is Keeping a Stiff Upper Lip

Cyclical Profits: Can The Dream Of Every Forex Trader Be Made Real In Crypto?

Cyclical Profits: Can The Dream Of Every Forex Trader Be Made Real In Crypto?

Pound is Keeping a Stiff Upper Lip

Pound is Keeping a Stiff Upper Lip

British Pound Sees Relief Rally As PM Truss Ditches Tax Cuts For Super-Rich

British Pound Sees Relief Rally As PM Truss Ditches Tax Cuts For Super-Rich

Nasdaq, S&P 500 Surge Ahead Of Market Open As US Stocks Look To Fight Back After Sell-Off: Nike And Peers In Focus

Nasdaq, S&P 500 Surge Ahead Of Market Open As US Stocks Look To Fight Back After Sell-Off: Nike And Peers In Focus

1 Week After Japanese Yen Intervention

1 Week After Japanese Yen Intervention

When, Why, And How Sterling Reaches Parity

When, Why, And How Sterling Reaches Parity

Forex Recent News

US Stocks Look Set To Snap Out Of 5-Session Losing Streak Today As Fed Official Tempers Hawkish Tone — Twitter, Tesla In Spotlight

US Stocks Look Set To Snap Out Of 5-Session Losing Streak Today As Fed Official Tempers Hawkish Tone — Twitter, Tesla In Spotlight

U.S. stocks look set to snap a five-session losing streak, as indicated by trading in the major index futures. Bargain hunting could generate some buying interest even as traders remain concerned about growth and interest rates.

Sep 27, 2022, 7:17 AM

King Charles Will Start Featuring On British Coins Soon, But Banknote Portraits Not Expected Until 2024

King Charles Will Start Featuring On British Coins Soon, But Banknote Portraits Not Expected Until 2024

The Royal Mint, the official maker of fiat coins in the United Kingdom, has confirmed on its website that coins featuring the portrait of King Charles III will enter circulation soon.

Sep 27, 2022, 2:39 AM

British Pound Weakness Far From Over? Options Market Positions Indicate Currency Will Fall To $1 Or Below

British Pound Weakness Far From Over? Options Market Positions Indicate Currency Will Fall To $1 Or Below

After the British pound tumbled to its record low on Monday following the U.K.

Sep 27, 2022, 12:21 AM

Just DON'T Do it! As The Dollar Get Stronger, Nike's Earnings Get Weaker

Just DON'T Do it! As The Dollar Get Stronger, Nike's Earnings Get Weaker

The U.S. Dollar Index (DXY), which measures the strength of the dollar against a host of major currencies, is reaching 20-year highs and that's bad news for businesses like Nike Inc (NYSE: NKE), which releases earnings on Thursday.

Sep 26, 2022, 3:17 PM

S&P 500 On The Brink Of Hitting New Lows As British Pound Collapses

S&P 500 On The Brink Of Hitting New Lows As British Pound Collapses

The S&P 500 added to last week's losses on Monday as the index drifted closer toward its June intraday low of 3,636.87.

Sep 26, 2022, 2:56 PM

British Pound Drops To All-Time Lows: 'Existential Crisis Is Looming'

British Pound Drops To All-Time Lows: 'Existential Crisis Is Looming'

The iShares MSCI United Kingdom ETF (NYSE: EWU) traded lower by another 0.8% on Monday and is now down 7.5% overall in the last five days as investors continue to react to

Sep 26, 2022, 11:10 AM

Explained: Why The British Pound Hit A Record Low Against The Dollar

Explained: Why The British Pound Hit A Record Low Against The Dollar

The sterling pound fell to a record low against the dollar on Monday, dropping to as low as $1.0327 during morning trade before recouping the $1.05 level.

Sep 26, 2022, 2:39 AM

The GBPUSD Trading At Level Last Seen in 1984/85. Time To Short?

The GBPUSD Trading At Level Last Seen in 1984/85. Time To Short?

Since my last update, the GBP is down 10% against the USD, taking the price to levels last traded in 1984/1985.

Sep 23, 2022, 9:51 AM

Nasdaq, S&P 500 Futures Show Cautious Optimism As All Eyes On Fed Decision Today For Market Direction

Nasdaq, S&P 500 Futures Show Cautious Optimism As All Eyes On Fed Decision Today For Market Direction

U.S. index futures point to a modestly higher open on Wednesday, as traders position themselves for the Fed rate decision due in the afternoon. The major averages declined Tuesday but closed off the lows of the session amid Fed jitters. The selling was across the board, with real estate, materials, consumer discretionary, and communications stocks seeing marked weakness.

Sep 21, 2022, 7:16 AM

How a Strong Dollar Affects International Currencies & Commodities

How a Strong Dollar Affects International Currencies & Commodities

Sep 20, 2022, 12:22 PM

Apple Feels Forex Pinch: Apps, In-App Purchases Set To Get Costlier In These Regions Next Month

Apple Feels Forex Pinch: Apps, In-App Purchases Set To Get Costlier In These Regions Next Month

Apple, Inc. (NASDAQ: AAPL) plans to hike the prices of apps and in-app purchases on the App Store in Asian and European countries as early as next month, a communication by the company to developers showed.

Sep 20, 2022, 1:57 AM

Almost Half Of Americans Want To Install Solar Panels. This Stock May Jump 30% Because Of It

Almost Half Of Americans Want To Install Solar Panels. This Stock May Jump 30% Because Of It

Many Americans are looking for ways to save money and protect the environment as the threat of climate change intensifies and inflation rates surge to their highest levels since 1982.

Sep 19, 2022, 4:19 PM

As Vladimir Putin Meets Xi Jinping, Russia May Consider Issuing Yuan-Denominated Government Bonds

As Vladimir Putin Meets Xi Jinping, Russia May Consider Issuing Yuan-Denominated Government Bonds

With Russian President Vladimir Putin anticipated to meet his Chinese counterpart Xi Jinping at a regional summit this week, closer financial cooperation may be on the cards, including the possibility of Russia issuing yuan-denominated government bonds, reported

Sep 14, 2022, 8:05 AM

The GBP In The Rein Of King Charles

The GBP In The Rein Of King Charles

The death of Queen Elizabeth II on Sept. 8 beaconed a new era for the UK, coming on the heels of Elizabeth Truss taking office as prime minister and heralding the proclamation of King Charles as the new monarch.

Sep 13, 2022, 11:09 AM

US Dollar Forecast Ahead Of CPI

US Dollar Forecast Ahead Of CPI

US dollar bulls have seemingly halted their ascension as they wait for the US inflation data that is due this Tuesday. The market is predicting that August's headline CPI may edge lower by 0.1%, further strengthening the case that US inflation has peaked.

Sep 12, 2022, 1:47 PM

iPhone 14 Series Will Be Pricier In Japan And South Korea But Not China — Here's Why

iPhone 14 Series Will Be Pricier In Japan And South Korea But Not China — Here's Why

Japanese and South Korean consumers will have to shell out relatively more for the latest iPhones this year compared to last year’s model as currencies of both these countries have depreciated significantly against the dollar.

Sep 12, 2022, 2:10 AM

UK Bank Notes With Queen Elizabeth's Image: Will They Remain Legal Tender?

UK Bank Notes With Queen Elizabeth's Image: Will They Remain Legal Tender?

Following the death of Queen Elizabeth II, the Bank of England (BoE) said the current banknotes featuring the image of the Queen will continue to be legal tender.

Sep 9, 2022, 3:55 AM

B2Broker Debuts Ready-to-Go cTrader White Label

B2Broker Debuts Ready-to-Go cTrader White Label

B2Broker, a leader in the provision of technology and financial services to the FX and cryptocurrency industries, is delighted to announce the debut of its cTrader White Label solution. The new solution offers brokers access to one of the most well-liked multi-asset trading platforms available on the market today, cTrader.

Sep 8, 2022, 10:30 AM

BREAKING: Yen Breaches Critical 144-Mark Against Dollar — Will Japanese Government Intervene?

BREAKING: Yen Breaches Critical 144-Mark Against Dollar — Will Japanese Government Intervene?

The Japanese yen has breached the crucial 144-mark against the greenback in Asia trading on Wednesday as the dollar continued its rally ahead of the release of the U.S. Federal Reserve's "Summary of Commentary on Current Economic Conditions," popularly known as its Beige Book.

Sep 7, 2022, 12:25 AM

U.S. Dollar Rises As Recession Fears Push Euro To A 20-Year Low

U.S. Dollar Rises As Recession Fears Push Euro To A 20-Year Low

(Tuesday Market Open) U.S. equity index futures are pointing to a higher open despite economic turmoil overseas.

British Pound Is In The Midst of Falling

British Pound Is In The Midst of Falling

By RoboForex Analytical Department The British pound against the US dollar is devaluating too fast. The GBP/USD pair has already dropped to 1.1477.

Sep 5, 2022, 4:24 PM

Philippines' Peso Falls To Record Low Against Dollar Amid Widening Trade Deficit

Philippines' Peso Falls To Record Low Against Dollar Amid Widening Trade Deficit

The Philippine peso fell to a record low versus the dollar on Friday, as surging imports expanded the trade deficit to an all-time high of $5.84 billion in June, while the dollar remained strong.

Sep 2, 2022, 3:32 AM

It May Have Just Gotten A Lot Easier For Canadians To Trade Amazon And Google Stock – Here's How

It May Have Just Gotten A Lot Easier For Canadians To Trade Amazon And Google Stock – Here's How

Just last year, investors poured nearly $900 billion into exchange-traded and long-only funds, exceeding the combined total in the last two decades, according to analysts at Bank of America Corp. (NYSE: BAC).

Japanese Yen Falls To 24-Year Low Against Dollar, Hovers Very Close To 140-Mark

Japanese Yen Falls To 24-Year Low Against Dollar, Hovers Very Close To 140-Mark

The dollar is strengthening against the Japanese yen, with the USD/JPY pair gradually moving towards the 140 mark. On Thursday morning Asia session, the pair gained 0.5% from the previous day’s close to hit a 24-year high of 139.69. USD/JPY was last trading at 139.32 at press time.

Sep 1, 2022, 5:09 AM