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.

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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.

Thu, 25 Jan 2024 13:31:16 GMT

ECB announces base interest rate

The European Central Bank has just published its Main Refinancing Rate. As expected, the ECB has kept the interest rate at 4.50%. The EUR/USD currency exchange rate reacted to the news by surging only ten points and testing the resistance of the 1.0900 mark.

Thu, 25 Jan 2024 13:18:12 GMT

ECB announces base interest rate

The European Central Bank has just published its Main Refinancing Rate. As expected, the ECB has kept the interest rate at 4.50%.

Thu, 25 Jan 2024 12:05:14 GMT

Tesla stock plummets due to earnings

The US electric vehicle maker Tesla has missed its quarterly earnings forecasts by 2.80% and total revenue is below expectations by 1.84%. The stock price of the company was set to start Thursday's trading near the $190.00 mark, compared to fluctuating near $215.00 during the previous week. Meanwhile, the CEO of the company Elon Musk has announced that Tesla and

Thu, 25 Jan 2024 11:59:52 GMT

Tesla stock plummets due to earnings

The US electric vehicle maker Tesla has missed its quarterly earnings forecasts by 2.80% and total revenue is below expectations by 1.84%. The stock price of the company was set to start Thursday's trading near the $190.00 mark, compared to fluctuating near $215.00 during the previous week.

Wed, 24 Jan 2024 05:30:04 GMT

BoJ reaffirms inflation target

The Bank of Japan has announced that it still wants inflation near 2.00%, despite not changing its policy to beat down on price increases.

Wed, 24 Jan 2024 03:30:03 GMT

Ericsson warns about 2024

Despite beating fourth quarter earnings expectations, Ericsson has announced that the company expects a decline of performance in 2024.

Tue, 23 Jan 2024 21:30:03 GMT

Bitcoin returns back below 40,000.00

The top cryptocurrency has experienced a decline, as expectations of major demand from new ETFs have disappointed. Most recently, the price had fluctuated below the 40,000.00 mark.

Tue, 23 Jan 2024 19:30:04 GMT

Zee stock price plummets

The stock price of Zee has dropped 30% due to the failure of closing a deal with Sony.

Tue, 23 Jan 2024 17:30:03 GMT

Sanofi buys US drug project

The French drugmaker Sanofi has announced that it would acquire a US project named INBRX-101 for a total of $2.2 billion.

Tue, 23 Jan 2024 15:30:04 GMT

Riot Games fires employees

The Tencent owned game developer Riot Games is set to fire 11% of its workforce.

Tue, 23 Jan 2024 13:30:04 GMT

German unions call for rail strike

German train drivers are set to stage a six day strike due to Deutsche Bahn denying the workers union latest wage increase demands.

Tue, 23 Jan 2024 11:28:40 GMT

Chinese stock market drops

The Chinese stock markets have experienced a major decline that has been attributed to derivatives trading. Meanwhile, Bloomberg reports that the government intends to implement a $278 billion rescue plan.

Tue, 23 Jan 2024 08:30:05 GMT

Citigroup fires bosses

Chief Executive Officer of Citigroup Jane Fraser has addressed the bank's managing directors revealing that more leadership positions would be eliminated. Managers in risk, markets and investment banking have been fired.

Tue, 23 Jan 2024 06:30:03 GMT

Walmart raises manager wages

The US retail sale chain has announced that it would raise store manager annual salaries and bonuses. The move would take average hourly wage above $18.00.

Mon, 22 Jan 2024 20:30:04 GMT

UK Retail Sales decline

The United Kingdom monthly retail sales data has revealed a slump of 3.2% between December and November. The new data indicates that the British economy might be in a recession.

Mon, 22 Jan 2024 18:30:03 GMT

Bosch lays off staff

The German company BOSCH is set to fire 1,200 employees in the software developments division. The layoffs are set to occur by the end of 2026.

Mon, 22 Jan 2024 16:30:04 GMT

Tata Steel closes production

Tata Steels is set to close two furnaces in the UK and fire up to 2,800 employees in Port Talbot. The company intends to get rid of its loss-making facilities.

Mon, 22 Jan 2024 14:30:03 GMT

Macy's fires employees

The US department store operator Macy's has announced that it would fire 2,350 employees and close five stores. Layoffs are set to affect up to 3.5 % of the total workforce.

Mon, 22 Jan 2024 12:30:04 GMT

Akasa Air comments on Boeing order

The Indian airline Akasa Air has revealed to the world that it is confident about a new order of 150 Boeing 737 Max airplanes, despite the recent cabin panel incident.

Mon, 22 Jan 2024 10:30:04 GMT

Honda sells hybrids

Honda Motor Corporation has announced that it would concentrate on selling light trucks and hybrid vehicles in the United States, during 2024.

Mon, 22 Jan 2024 08:30:04 GMT

Humana warns about costs

The health insurance company Humana has revealed that it expects demand for healthcare services to impact its costs throughout 2024. The news caused a 14% drop of the company's stock price.

Mon, 22 Jan 2024 06:30:04 GMT

US bank profits decline

United States banking sector profits have experienced a decline due to higher deposit and one-time charge costs. In general, the banks have had to give more to attract capital, as interest rates have been increased over 2023.

Mon, 22 Jan 2024 03:30:04 GMT

Reddit seeks IPO

Reuters has reported that the social media firm Reddit intends to have an initial public offering of its shares. The company has been considering a stock listing for three years.

Fri, 19 Jan 2024 21:30:03 GMT

Bitcoin ETF draws $2 billion investment

Reuters has reported that the newly launched Bitcoin Exchange Traded Funds have attracted investment that almost amounts to $2.0 billion.

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