Forex Gump

Word through Wall Street is that the U.S. government is moving closer to a potential shutdown this week if Congress fails to pass legislation for additional funding. Will this affect the dollar’s action?

New Zealand just recently released its trade data, and it was terrible. But why did forex traders send the Kiwi higher across the board rather than dump it? Is there something else in the underlying fundamentals? Well, time to find out!

Even though the dollar lost ground after the Fed kept rates on hold this month, this week’s speeches from FOMC members kept forex traders hoping for a rate hike this year. Here’s what they had to say.

So much for expecting another euro bloodbath! The shared currency managed to recover against most of its forex peers yesterday, thanks to these three factors that propped it up.

Greetings, forex friends! BOC Governor Stephen Poloz gave a speech on Monday wherein he talked about “riding the commodity cycle.” What exactly did he have to say? And what can we learn from him?

Euro traders, huddle up! There are a few red flags lined up in the euro zone for tomorrow and these might spur large moves across the forex charts.

Unless you’ve been living under a rock, you’ve probably heard that Greek Prime Minister Alex Tsipras has emerged victorious in the latest elections. Will this have an impact on the euro’s forex price action?

What is up, forex buddies? After yesterday’s write-up on the latest monetary policy statement from the SNB, I just realized that it’s been a while since I last made an economic round-up for Switzerland, so I made one today.

Greetings, forex friends! Now that the BOJ and the SNB have both released their respective statements, let’s see what they had to say, shall we?

In their FOMC statement this week, Fed officials decided to keep interest rates unchanged, triggering a sharp USD selloff. Does this mean that the dollar is in for a longer-term decline?