Forex Market News and Analysis

Discover the latest and most vital updates in the world of forex trading. Enhance your trades with the latest insights. Fresh news and market analysis.

Whether you're a full-time trader or new to the Forex market, our content can help you make informed decisions in the constantly shifting currency markets.

Stay ahead of trends, understand market drivers, and navigate your trading strategies accordingly. Know which stocks, currencies, or other financial assets show uptrend or downtrend movements daily.

The comprehensive Forex market and analysis section has customizable filtering options. A dedicated search window enables traders to look for any keywords or assets of interest.

Moreover, traders can choose the category and filter the news accordingly. Available categories are: Fundamental Analysis, Technical Analysis, Expert Commentary, Trade Pattern Ideas, Trade Ideas, and News. To refine results even further, users can select the date, ensuring a precise display of the selected period.

Wed, 07 Feb 2024 09:30:03 GMT

Google asks for regulation

The Alphabet owned internet firm Google has named worst surveillance software rule offending firms and has called the US to regulate the use and sale of spy tools.

Wed, 07 Feb 2024 07:30:04 GMT

Welspun Corporation posts major profits

The Indian steel pipe producer Welspun Corporation has reported a twelve-fold increase in its quarterly profits, as demand has skyrocketed.

Wed, 07 Feb 2024 05:30:03 GMT

Aldar invests in real estate

The largest Abu Dhabi real estate firm Aldar is set to invest $1.4 billion in the building of hospitality and commercial property.

Wed, 07 Feb 2024 03:30:04 GMT

Tech and Media sectors continue lay offs

Reuters has reported that various Big Tech and US Media sector companies are set to continue to announce firing of more employees, as the prior 2023 cost cutting continues on.

Tue, 06 Feb 2024 22:00:04 GMT

ECB comments on inflation

The European Central Bank has announced that Euro Zone consumers have decreased their inflation expectations for the next 12 months.

Tue, 06 Feb 2024 20:00:05 GMT

Deutsche Bank no longer expects recession

The top German bank Deutsche Bank has announced that it no longer expects a recession in the United States in 2024. However, note that despite this latest positive comment, the bank recently fired 3,500 of its employees.

Tue, 06 Feb 2024 18:00:04 GMT

VinFast recalls vehicles

The Vietnamese electric vehicle maker has announced a recall of almost 6,000 cars due to the need to replace a combination switch.

Tue, 06 Feb 2024 16:00:04 GMT

Novo Nordisk buys back shares

The obesity drug maker Novo Nordisk has announced that it would start buy back the company's shares in 2024. The total buy back would amount to $2.88 billion.

Tue, 06 Feb 2024 14:31:57 GMT

Gold remains above 2,000.00

The United States Bureau of Labor Statistics has published the monthly employment data sets. The released data has caused a surge of the US Dollar of 0.5% over the span of a minute. Afterwards, the Dollar continue to gain, as the momentum had continued. Since mid-Monday, the Dollar index was testing the 104.50 level's resistance. The events caused a drop of

Tue, 06 Feb 2024 14:25:02 GMT

GBP/USD finds support in 100-day SMA

The United States Bureau of Labor Statistics has published the monthly employment data sets. The released data has caused a surge of the US Dollar of 0.5% over the span of a minute. Afterwards, the Dollar continue to gain, as the momentum had continued. Since mid-Monday, the Dollar index was testing the 104.50 level's resistance. On the GBP/USD charts the US

Tue, 06 Feb 2024 14:24:34 GMT

USD/JPY tests 2024 high levels

The United States Bureau of Labor Statistics has published the monthly employment data sets. The released data has caused a surge of the US Dollar of 0.5% over the span of a minute. Afterwards, the Dollar continue to gain, as the momentum had continued. Since mid-Monday, the Dollar index was testing the 104.50 level's resistance. The events resulted in the rate

Tue, 06 Feb 2024 14:15:49 GMT

EUR/USD has support at 1.0720/1.0740

The United States Bureau of Labor Statistics has published the monthly employment data sets. The released data has caused a surge of the US Dollar of 0.5% over the span of a minute. Afterwards, the Dollar continue to gain, as the momentum had continued. Since mid-Monday, the Dollar index was testing the 104.50 level's resistance. The EUR/USD has declined to the

Tue, 06 Feb 2024 14:08:04 GMT

Gold confirms support at 2,015.00

The United States Bureau of Labor Statistics has published the monthly employment data sets. The released data has caused a surge of the US Dollar of 0.5% over the span of a minute. Afterwards, the Dollar continue to gain, as the momentum had continued. Since mid-Monday, the Dollar index was testing the 104.50 level's resistance. The events caused a drop

Tue, 06 Feb 2024 14:01:00 GMT

USD/JPY could reach 149.00

The United States Bureau of Labor Statistics has published the monthly employment data sets. The released data has caused a surge of the US Dollar of 0.5% over the span of a minute. Afterwards, the Dollar continue to gain, as the momentum had continued. Since mid-Monday, the Dollar index was testing the 104.50 level's resistance. The events resulted in the

Tue, 06 Feb 2024 14:00:04 GMT

BP beats expectations

Despite British Petroleum annual profit halving in 2023 to $13.8 billion, the company has revealed that it has beat the last quarter expectations by posting a profit of $3 billion. Namely, the markets expected the energy company to perform even worse than it actually has.

Tue, 06 Feb 2024 13:56:31 GMT

GBP/USD finds support above 1.2500

The United States Bureau of Labor Statistics has published the monthly employment data sets. The released data has caused a surge of the US Dollar of 0.5% over the span of a minute. Afterwards, the Dollar continue to gain, as the momentum had continued. Since mid-Monday, the Dollar index was testing the 104.50 level's resistance. On the GBP/USD charts the

Tue, 06 Feb 2024 13:44:48 GMT

EUR/USD finds support

The United States Bureau of Labor Statistics has published the monthly employment data sets. The released data has caused a surge of the US Dollar of 0.5% over the span of a minute. Afterwards, the Dollar continue to gain, as the momentum had continued. Since mid-Monday, the Dollar index was testing the 104.50 level's resistance. The EUR/USD has declined to

Tue, 06 Feb 2024 13:35:54 GMT

US employment caused Dollar surge

The United States Bureau of Labor Statistics has published the monthly employment data sets. The released data has caused a surge of the US Dollar of 0.5% over the span of a minute. Afterwards, the Dollar continue to gain, as the momentum had continued. Since mid-Monday, the Dollar index was testing the 104.50 level's resistance. Non-farm employment change was expected

Tue, 06 Feb 2024 12:41:38 GMT

BP beats expectations

Despite British Petroleum annual profit halving in 2023 to $13.8 billion, the company has revealed that it has beat the last quarter expectations by posting a profit of $3 billion. Namely, the markets expected the energy company to perform even worse than it actually has. Due to this reason, the value of the stock is moving higher. By mid-European

Tue, 06 Feb 2024 11:51:56 GMT

Chinese stocks recover

On Tuesday, the Chinese stock indices recovered due to the markets turning positive, as the government of China renewed talks of stimulus.

Mon, 05 Feb 2024 15:30:04 GMT

Bristol Myers earnings surprise markets

The pharmaceutical company Bristol Myers has surprised the markets with higher than expected quarterly sales results. The good results were attributed to the new anemia drug Reblozyl and blood cancer drug Revlimid.

Mon, 05 Feb 2024 13:30:04 GMT

AbbVie gains due to good sales

The stock price of AbbVie has surged due to the news that the company has experienced a better than expected last quarter of 2023. The high sales were caused by high Botox and Humira sales.

Mon, 05 Feb 2024 11:30:04 GMT

Exxon beats expectations

The major energy company ExxonMobil has surpassed its quarterly earnings expectations. The company ends the year with a total profit of $36 billion.

Mon, 05 Feb 2024 09:30:04 GMT

NVidia sets new record

The stock price of NVidia has set a new record in January by surging and resulting the company experiencing an unprecedented market capitalization increase of $296.52 billion.

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