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Forex News

EUR/USD, GBP/USD Trade Lower After Underwhelming Brexit Progress
The EU-Summit produced some progress, but contested areas still remain as EU and UK officials seem to have drawn their battle lines.
Brexit Effect on Pound and UK Stocks: Impact of Deal or No Deal
As Brexit negotiations between the EU and the UK continue, here's how Sterling, the FTSE 100 index of London stocks and other assets might respond to the various deal or no-deal scenarios.
EUR/USD Drops to 1.1500, GBP/USD to 1.3100 as Stocks Digest
Equities are showing signs of consolidation as the Tuesday bounce held through yesterday's price action, but currencies are starting to put in some moves as USD strength remains prominent.
Euro Analysis: The Potential Impact of Brexit and the Italian Budget Clash
Even short-term traders need to be aware of the alleged flaws in the design of the European Union and the Euro highlighted by the current arguments over Brexit and Italy’s budget.
US Dollar May Join Yen on the Offensive as Market Mood Sours
The anti-risk Japanese Yen looks likely to continue higher as sentiment sours across financial markets. The US Dollar might be ready to follow suit.
Gold Prices Aim Lower as Expected Fed Rate Hike Path Steepens
Gold prices are aiming lower after minutes from September’s FOMC meeting reiterated the case for interest rate hikes. Immediate follow-through may be timid however.
Strong Australia Employment Report to Fuel Larger AUD/USD Rebound
Australia’s Employment report may curb the recent pullback in AUD/USD as the economy is anticipated to add another 15.0K jobs in September.
FOMC Minutes Fuel USD Recovery, AUD Price May Look Past Jobs Data
The US Dollar had its best day since September, boosted by weakness in the British Pound and then fueled by FOMC minutes. Meanwhile, AUD/USD may look past the Australian jobs report.
Oil Price Outlook Mired by Rising Inventories, Shift in Retail Interest
Crude tumbles to a fresh weekly-low amid rising U.S. inventories, with the recent decline in oil prices accompanied by a shift in retail interest.
Euro Analysis: The Potential Impact of Brexit and the Italian Budget Clash
Even short-term traders need to be aware of the alleged flaws in the design of the European Union and the Euro highlighted by the current arguments over Brexit and Italy’s budget.

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