Forex Gump

It looks like traders shifted to profit-taking mode last Friday, forcing most currency pairs to take a break from their recent rallies. Let’s see how the currencies would fare this October 19, the anniversary of the infamous Black Monday.

Safe havens took another hit in yesterday’s trading session, as risk trades are still dominating the markets! With it being a Friday, could we see some profit taking in play?

The dollar took another major hit from major currencies yesterday as commodity prices rose and company earnings came out better-than-expected. Is risk appetite here to stay?

After a relatively quiet session yesterday, currency prices may bust out today given the top tier economic and earnings reports in the US. See what’s up on our daily economic roundup!

Earlier today, my friend Big Pippin stopped by and asked me, “Yo, what’s the hizzy on the yen bro? Lately, I’ve noticed that the yen has been on a roll! What’s cookin’!?”

Dollar bears prowled the markets yesterday while traders from the US and Canada were on a holiday. As these traders return from their long weekend, they’re welcomed by the usual crowd of economic reports. Make sure you read up!

Looks like the dollar was able to put up a fight against other majors on Friday. Wondering what news could bring the rise or the demise of the dollar this week? Check it out in today’s roundup!

Dollar bears sharpened their claws again yesterday as they took the currency lower against major currencies. Today’s economic calendar has huge offering of data for us so expect a lot of volatility as we approach the weekend!

Two top tier economic reports are on tap today – BOE and ECB interest rate decisions. Be on the guard for some possible volatility!

USD weakness was the name of the game yesterday, causing gold prices to surge and comdolls to hit new yearly highs. Will the USD be able to recover or could major currencies push it lower? Better read up on today’s economic roundup!