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Daily Forex Report

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Sterling Rallies on Brexit Motion, Easing ‘Hard Brexit’ Concerns

The pound trimmed losses on Wednesday, rallying over 1% on news that British Prime Minister Theresa May will allow lawmakers to scrutinize the Brexit...

Dollar Moves Higher, Yen Weakens Ahead of Fed Minutes

The dollar was higher against other major currencies on Tuesday as the yen weakened ahead of the Fed’s meeting minutes. Hopes of a rate...

Dollar Index Higher, Sterling Index at 7-Year Low Amid Brexit Concerns

The dollar was higher against other major currencies on Monday, while the sterling index dropped to a seven-year low amidst heightened Brexit concerns. The...

Dollar Stabilizes, Kiwi Slips and Aussie Rebounds

The national flag of New Zealand sticking in a pile of american dollars.(series)
The dollar stabilized on Thursday, rebounding from Wednesday’s selloff after news that Donald Trump won the U.S. presidential election. The dollar index held steady at...

Denmark, France, Italy, Russia and Spain Markets Close Higher

Stock markets across the world closed higher on Monday. Denmark’s OMX Copenhagen 20 rallied 0.36% on the day, with the consumer services, industrials and...

U.S. Dollar, British Pound Ease on Downbeat Data

Financial Dice Cube Euro Dollar Pound Symbol.Eps
The U.S. dollar and British pound both eased on Friday after the release of downbeat jobs and economic reports. The pound slid against the greenback,...

European, Australian Stocks Lower Ahead of U.S. Data

European stocks were mostly lower on Friday, while Australian stocks closed the day down 0.29%. Investors remained cautious ahead of the U.S. employment report...

Dollar Climbs to Near 2-Month High Ahead of Jobs Report

The dollar hovered near a 2-month high against major currencies on Thursday amid heightened expectations of a December rate hike by the U.S. Federal...

U.K. Economic Productivity Recovers, Hits Pre-Crisis High

The U.K. Office for National Statistics announced on Thursday that Britain’s economic productivity, a key indicator of living standards, has recovered and returned to...

Gold Prices Reverse Losses as ADP Job Report Misses Target

Gold bullion with money on table close up
Gold prices saw mild gains on Thursday after a jobs report in the U.S. failed to meet expectations. Prices for the yellow metal turned...

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