- Blog Sponsors
A pretty subdued trading session for forex traders, as a lack of catalysts kept major currencies in tight intraday ranges. Read on to see the market-movers for the past couple of hours. Read more
Profit-taking was the name of the game for the Greenback on Monday, as the U.S. currency returned a few of its recent gains to its counterparts. Read more
A quiet start for European traders to start the week with a lack of major economic data and U.K. traders on holiday during the morning London session. Read more
Thanks to a lack of major economic releases, forex price action turned out to be as exciting as watching water boil. So, what moved the major currencies during the Asian session? Read more
Another trading week has come and gone. Pound and Greenback strength were the main themes last week. What was driving forex price action for these and the other major currencies? Read more
All was calm in the forex front during the morning London session, likely because traders were waiting for what Fed Head Yellen has to say later. There were some movements from Swissy and pound pairs, though. Read more
The yen gave up some ground after Japan printed weaker than expected inflation readings, reminding forex junkies that the BOJ could still dole out more stimulus.
Rally and reverse! The U.S. dollar was off to a strong start but later on gave back most of its intraday gains on profit-taking. Read more
Risk sentiment switched to risk-off, so the higher-yielding currencies and the lower-yielders had a reversal of fortunes. This time, it’s the higher-yielding currencies that got whupped. Read more
Commodity currencies were able to squeeze out some gains during the Asian session thanks to positive reports and an injection of funds from the Chinese central bank.
The Greenback and the pound were the big winners for the day, as traders seemed to shrug off downbeat data from the U.S. and U.K. economies. Read more
Risk-taking was the name of the game during the morning London session, so the higher-yielding currencies got a boost while the lower-yielders, particularly the euro and the Swissy, got whupped. Read more
Weak economic data and market jitters from North Korea’s ballistic missile test launch contributed to safe-haven gains in the Asian session. Read more
The Greenback was all over the place as the lack of top-tier U.S. data left the currency with a mixed scorecard against its forex peers. Read more