Asian Session Recap: Dollar Edges Higher on Weak Reports Elsewhere
The Greenback gained a couple more pips against its major counterparts thanks to dovish and/or bearish reports from other major economies.
Read MoreThe Greenback gained a couple more pips against its major counterparts thanks to dovish and/or bearish reports from other major economies.
Read MoreBrexit jitters were front and center of price action once more as U.K. PM May rushed to Brussels for a surprise meeting but failed to bring good news.
Read MoreTrading conditions were still relatively tight, but CAD was clearly on the move to the downside, likely because of NAFTA-related jitters. EUR, meanwhile, staged a broad-based recovery.
Read MoreAsian session forex traders started the week slow as the major currencies barely moved from their open prices despite a couple of potential catalysts.
Read MoreGBP was the one currency to rule them all this week while USD found itself at the bottom of the forex heap. So what drove price action? And how did the other currencies fare? Time to find out!
Read MoreLots of volatility, but not much in terms of directional movement. USD was an exception, though, since it clawed its way higher across the board after suffering losses earlier.
Read MoreMajor currencies barely moved from their open prices despite the release of China’s trade balance. What’s up with that?!
Read MoreSterling already had a wild ride in the previous trading session but its price action got even more exciting as the New York session rolled along.
Read MoreNot much on the docket today, but there was plenty of action since GBP got whupped hard across the board as USD staged a broad-based recovery.
Read MoreRisk-taking was the name of the game during the Asian session, as forex traders took cues from the previous session’s optimism.
Read MoreSuccess usually comes to those who are too busy to be looking for it.Henry David Thoreau