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Forex News - Liquidity Provider: Business & FinTech Media

News: Forex

Forex news serves as the prominent destination for the most recent and comprehensive information in the realm of foreign exchange. It offers a window into the dynamic world of currency fluctuations, economic data releases, technical analysis, economic indicators, and the policies of central banks. Whether you are a seasoned trader or a novice investor, this platform provides you with the insights necessary to navigate Forex's fast-paced and complex field.

Dollar Falls While Yen and Swiss Franc Gain In Post-Omicron Gyrations

Dollar Falls While Yen and Swiss Franc Gain In Post-Omicron Gyrations On Wednesday morning, the dollar sank versus the yen and the Swiss franc, despite riskier British and Australian currencies rising from day-ago lows. The fluctuations highlighted the tenuous nature of the earlier-in-the-day tranquillity that appeared to settle over the foreign currency markets.

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Pound And Euro Suffer Against Dollar As US Fed Looks To Faster Tapering

Pound And Euro Suffer Against Dollar As US Fed Looks To Faster Tapering On Thursday, the pound fell dramatically compared to the dollar since 2021, as the potential of the US Federal Reserve strengthening policies more rapidly than expected powered the greenback.

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Japanese Megabanks Have Joined a Group Establishing Yen-Based Digital Currency

Japanese Megabanks Have Joined a Group Establishing Yen-Based Digital Currency Cryptocurrencies are being considered by Japan's private-sector behemoths as a way to speed up large financial transactions and settlements.

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As Germany's Business Confidence Deteriorates, The Euro Slides to July 2020 Lows

As Germany’s Business Confidence Deteriorates, The Euro Slides to July 2020 Lows The euro sank on Wednesday as a poll revealed that German business confidence declined in November, while the Turkish currency stayed under pressure as President Tayyip Erdogan supported interest rate cuts despite rising inflation.

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Euro’s Pain Makes For Dollar’s Weekly Gain

Euro’s Pain Makes For Dollar’s Weekly Gain On Friday, the dollar appeared set to make a second week of significant gains versus the euro as traders gambled on interest rates increasing quicker and further on the North Atlantic's western side, while sterling and the kiwi firmed as well.

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USD/JPY Retreats Further From Multi-Year Tops

USD/JPY Retreats Further From Multi-Year Tops, Depressed Below Mid-113.00s The pair saw considerable selling during the first half of trading on Wednesday, erasing a significant portion of the overnight advances to the biggest level since December 2018. Discover
The End of Physical Currency, Cash, is Certainly Drawing Near

‘The End of Physical Currency, Cash, is Certainly Drawing Near’: Economist Physical currency and physical cash may soon be obsolete, according to Eswar Prasad, a Cornell University economics professor and author of "The Future of Money."

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China Adds $71 Billion in Cash in Past Week to Calm Nerves

China Adds $71 Billion in Cash in Past Week to Calm Nerves The People's Bank of China has injected a total of 460 billion yuan ($71 billion) of short-term cash into the banking system over the past five business days, including 70 billion yuan on Friday.

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India's Forex Reserves Will Rise Sharply This Week

India’s Forex Reserves Will Rise Sharply This Week When the Reserve Bank of India announces its foreign exchange reserves statistics, India's foreign exchange reserves will climb dramatically.

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