London Session Recap: GBP Comes Out on Top Against USD, AUD & NZD Suffer
GBP and USD fought it out, with GBP winning out for now. AUD and NZD, meanwhile, found themselves under selling pressure.
Read MoreGBP and USD fought it out, with GBP winning out for now. AUD and NZD, meanwhile, found themselves under selling pressure.
Read MoreComdolls got some love during the Asian session, as a lack of risk-averse news drove traders into higher-yielding currencies.
Read MoreThe U.S. dollar was off to a rough start as traders were rattled by news of North Korea’s missile launch, but markets soon calmed down and recovered.
Read MoreRisk aversion persisted into the London session, which gave CHF a solid boost. Brexit-related jitters, meanwhile, apparently weighed on GBP.
Read MoreRisk aversion was the name of the game during the Asian session after North Korea launched a missile that flew over Japan.
Read MoreMajor pairs were off to a slow start on Monday as New York session traders kept close tabs on the path of Hurricane Harvey and projected its likely impact on the economy for the quarter.
Read MoreNo data? No problem! Not even the Summer Bank holiday in the U.K. was enough to stop sterling from edging higher against its peers.
Read MoreNo data? No problem! The dollar saw some action as Asian session forex traders priced in Yellen’s recent remarks and possible impact of Hurricane Harvey in the U.S.
Read MoreEuro strength and Kiwi weakness were the main themes this week. But what drove price action? And how about the other currencies? Time to find out!
Read MoreAnother choppy morning London session today. The euro was busting the moves, however, since it jumped higher across the board ahead of Draghi’s speech.
Read MoreIf one is master of one thing and understands one thing well, one has at the same time, insight into and understanding of many things.Vincent Van Gogh