Forex blog and post | top forex news and forex market analysis

The Bank of England kept rates at their record low on Thursday, following their latest Monetary Policy Committee meeting. However, the BoE cut forecasts for growth and wages, as...

Bank of England, UK rates

The U.S. Nonfarm Payrolls and Unemployment Rate are out this coming Friday, August 4, 2017, at 13:30 UK Time (GMT+1), and are expected to cause significant volatility in the...

U.S. Nonfarm Payrolls, unemployment rate

On Wednesday, St. Louis Federal Reserve President Bullard (a non-voting member of the FOMC) stated in an interview that he, “is opposed to further U.S. interest rate increases...

Bank of England, UK Monetary Policy, USD Bears, voting FOMC member

What’s happening with Bitcoin today?The Bitcoin community have pulled together to approve the cryptocurrency’s software upgrade, which will lead to a split of Bitcoin’s...

Bitcoin Cash, Bitcoin community, Bitcoin News

Recent data releases have shown that global manufacturing saw an increase in July, further confirming global economic momentum has carried into H2, as many central banks are...

ADP Employment Change, Eurozone Producer Price Index, global manufacturing

Earlier this morning, the Reserve Bank of Australia kept its official cash rate on hold, at 1.5%, as the market had expected. Australia’s headline inflation for the year to date...

Eurozone Gross Domestic Product, Manufacturing PMI, Reserve Bank of Australia

Last week, the forex market was dictated by the Federal Reserve’s (Fed) monetary policy statement and US gross domestic product (GDP) data.The US Dollar lost ground against...

consumer confidence index, Federal Open Market Committee, International Monetary Fund, Weekly Currency Report

The past few days have seen geo-political tensions rise between North Korea, the US, Russia & China. North Korea’s recent ICBM test further fueled the United States...

Chicago Purchasing Managers Index, Eurozone Unemployment, FxPro Forex Broker, US NFP on Friday

On Thursday US durable goods orders were released showing a 6.5% increase, which was the biggest gain in 3 years, resulting in USD clawing back some of its recent losses. The...

CHF (Swiss Franc), Swiss National Bank, US Bureau of Economic Analysis, US Employment Cost Index

The Federal Reserve ended its 2-day meeting on Wednesday with, as expected, no change in US interest rates. The Fed commented that US inflation had declined, notably removing the...

FOMC statement, US Durable Goods Orders, US EIA report