Forex news is an integral part of the trading process, and our goal is to provide you with the Forex trading news you need to be successful. Our daily Forex news is written by industry veterans with years of trading and reporting experience, so that you can get the information you need without the fluff.
Read our Forex news now! The US Dollar Index struck a 3-week peak after several officials from the US Federal Reserve Bank touted an economic scenario that would eventually result in additional interest rate increases.
Asian markets strengthened on Monday morning as traders eagerly await the start of the Brexit negotiations which are scheduled to begin later today.
There are few high-impact news items scheduled this week, with a much sparser agenda than last week. Dollar, although volatility should be expected to be relatively low over the coming week.
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The US Dollar was mixed in Asian trading earlier today but is still poised to close out the week on an up note. The US Dollar edged higher as investors pin their collective hopes on another rate increase from the Federal Reserve. In an unsurprising move on Wednesday the U. With the Federal Reserve interest rate decision only hours away, the US Dollar firmed broadly. The Canadian Dollar was higher versus its US counterpart after the Bank of Canada suggested that more rate hikes could occur this year.
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At 2pm EST on Tuesday the U. Federal Reserve will announce whether or not it will be raising the benchmark interest rate.
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Oil prices broke their three-day losing streak on Monday morning despite continued overdemand and increasing production in the United States. Federal Reserve policy meeting is set to begin tomorrow, and traders are shifting their focus this week to the outcome of the meeting after focusing mostly on the U. Want to get in-depth lessons and instructional forex trading daily news from Forex trading experts?
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The data contained in this website is not necessarily real-time nor accurate, and analyses are the opinions of the author and do not represent the recommendations of DailyForex or its employees. Currency trading on margin involves high risk, and is not suitable for all investors. As a leveraged product losses are able to exceed initial deposits and capital is at risk. Before deciding to trade Forex or american funds 529 investment options other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite.
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