Forex & Financial news and FxPro analytics

Britain and Japan have formally signed a trade agreement, marking the UK’s first big post-Brexit deal. The deal, unveiled last month, means nearly all its exports to Japan will be tariff free while removing British tariffs on Japanese cars by...

Amid the gloom of the pandemic’s second wave, some European enthusiasts are wondering whether this crisis might finally usher in a “fiscal union” of states — something akin to the U.S. The roaring success this week of the European Union’s...

For novice traders, FOMO can be a heavy burden to bear. Resisting the urge to buy Bitcoin (BTC) after a nearly 15% rally, which saw the price break both the $12K and $13K levels in less than 24 hours, is...

As humans, we have a tendency to overestimate the likelihood of experiencing positive events and underestimate the likelihood of experiencing negative events. That’s all well and good in ordinary circumstances: Such an outlook increases positivity and reduces anxiety, contributing to...

Economic activity in the euro zone shrunk in October as coronavirus restrictions returned to the region, preliminary data showed on Friday. The flash euro zone PMI composite output index, which looks at activity in both manufacturing and services sectors, dropped...

Global markets remain in narrow ranges at the end of the week, balancing hopes for a new economic stimulus package with election uncertainty. The final debate that took place last night between Trump and Biden did not provide much clarity....

In a future driven by electric vehicles, China is poised to dominate if the U.S. does not transform its automobile industry in coming years. While California-based Tesla captured popular attention for electric cars, national policy in Beijing encouraged the launch...

New jobless claims unexpectedly dipped below 800,000 last week, but still remained historically high as hundreds of thousands of more Americans were put out of work during the ongoing pandemic. The U.S. Department of Labor released its weekly unemployment insurance...

There’s no doubt that Europe is seeing a second wave of coronavirus infections, but the surge is not affecting its major economies in the same way. The U.K., France and Spain, as well as the Netherlands, have all seen a...

• Sugar broke wide daily up channel • Likely to rise to 15.50 Sugar continues to rise after the earlier breakout of the resistance area lying between the key resistance level 14.75 (which stopped the previous short-term impulse wave (i))...

• AUDNZD broke support area • Likely to fall to 1.0600 AUDNZD continues to fall after the earlier breakout of the support area lying between the key support level 1.0675 (which reversed the price in July) and the 38.2% Fibonacci...

• GBPCAD reversed from resistance level 1.7240 • Likely to fall to 1.7075 GBPCAD today reversed down from the powerful resistance level 1.7240 (former strong support from the middle of August) – intersecting with the upper daily Bollinger band and the 50%...