Forex News

Yen Strengthens on Currency Market Intervention by Japan

On Thursday, the Japanese Yen surged against all other currencies after allegations that the administration in Tokyo had interfered in…

2 years ago

Pound Sterling Stumbles as UK Economy Remains Rudderless

Investors judged that Prime Minister Lizz Truss has not done enough to restore trust in UK assets, resulting in a…

2 years ago

Canadian Dollar Outlook Remains Weak Despite Solid Labour Market Data

The Canadian Dollar rose as the Canadian economy broke a trend of negative employment statistics in September by adding 21,100…

2 years ago

Pound Strengthens On Unexpected GDP Growth Data

The British Pound seems poised to reach the end of the month on a stronger footing, having recorded gains versus…

2 years ago

South African Rand Declines as Fed Remains Hawkish

The South African Rand declined under volatile market circumstances ahead of the weekend, as experts repeated their pessimistic outlooks for…

2 years ago

Pound Hits Near Four Decade Low Versus US Dollar as Retail Sales Decline 1.60% in August

August retail sales in the United Kingdom declined at the fastest rate in eight months due to a growing cost-of-living…

2 years ago

Canadian Dollar and Job Market Concerns

In August, Canada posted a loss of 39,700 jobs, supporting economists' projections for a slump and a halt in the…

2 years ago

Pound Poised for Further Decline

In accordance with recent research undertaken by HSBC, the UK economy is conditioned to devalue its currency in the long…

2 years ago

Wells Fargo Forecasts Pound Weakness to Continue Until Late 2023

Wells Fargo said in their August financial technical report that they "As a consequence of the Federal Reserve's hawkish stance,…

2 years ago

South African Rand Hits Near Yearly Lows

The South African Rand was approaching some of its worst levels in over a year prior to the weekend, as…

2 years ago