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Author Archives: Insta Forex

Australian Dollar Advances After Australia Retail Sales Soar

The Australian dollar strengthened against its key counterparts in the Asian session on Thursday, following the release of nation’s better-than-expected retail sales in November. Data from the Australian Bureau of Statistics showed that Australia’s retail sales jumped a seasonally adjusted ...

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Romania Industrial Production Grows More Than Forecast

Romania’s industrial production expanded notably in November, and at a faster than expected pace, figures from the National Institute of Statistics showed Thursday. Industrial production advanced a seasonally and working-day-adjusted 9.5 percent year-over-year in November, slightly above the 9.0 percent ...

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Yen Edges Down Against Majors

The Japanese yen slipped against its major opponents in late Asian deals on Thursday. The yen weakened to 111.84 against the greenback, 150.98 versus the pound and 114.24 against the franc, from its early highs of 111.32, 150.38 and 113.73, ...

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South Korea Plans Cryptocurrency Trading Ban

South Korea’s government on Thursday said it plans to ban the trading of cryptocurrencies through domestic exchanges. Justice Minister Park Sang-ki said the government is preparing a bill to prohibit virtual currency trading via exchanges. The government had earlier announced ...

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