U.S. Session Recap: Dollar Dips on FOMC Decision Then Recovers, EUR Slumps
The Fed kept interest rates on hold as expected but the dollar still tossed and turned as policy expectations seemed to shift.
Read MoreThe Fed kept interest rates on hold as expected but the dollar still tossed and turned as policy expectations seemed to shift.
Read MoreChina and New Zealand’s data releases gave the comdolls a bit of a boost in Asia’s mixed trading scene. Meanwhile, the dollar lost some of its gains ahead of this week’s top-tier events.
Read MoreGeopolitical risks remained in play during the U.S. session, lifting the safe-haven dollar and Japanese yen while the oil-related Loonie held its ground.
Read MoreConcerns that the U.S. would back out of the Iran nuclear deal pushed oil prices (and the Loonie) higher on a relatively quiet forex trading session.
Read MoreWeak reports from the Euro Zone as well as war concerns in the Middle East pushed the dollar higher across the board.
Read MoreAfter starting the trading week on a mixed note, the Greenback finally regained its footing and began charging higher against all its peers. The Kiwi, meanwhile, extended its losses even as risk-taking prevailed in Europe.
Read MoreIt’s the start of a brand new month and you know what that means – it’s NFP week, yo! Here are other reports that might affect the dollar’s price action this week.
Read MoreThe Loonie’s winning streak ended last week, possibly on shifts in monetary policy divergence. Will this week’s top-tier reports bring the Loonie back up the forex hill?
Read MoreChinese and Japanese markets were out on holidays today, but that didn’t stop traders from making pips rain for the pound and bringing pain to comdolls.
Read MoreThe pound got a pounding last week, due to weakened expectations for a May BOE rate hike. This week, however, there are a bunch of PMI reports that may revive rate hike expectations and finally put an end to the pound’s two-week losing streak
Read MoreIt does not matter how slowly you go, so long as you do not stop.Confucius