London Session Recap: EUR Whupped After ECB Rumors, Comdolls Ride Commodities Rally
EUR got punched and knocked out during the session, thanks to ECB-related rumors. Meanwhile, the commodities rally fueled demand for all the comdolls.
Read MoreEUR got punched and knocked out during the session, thanks to ECB-related rumors. Meanwhile, the commodities rally fueled demand for all the comdolls.
Read MoreForex price action was as exciting as watching paint dry, as a lack of catalysts kept traders on the sidelines.
Read MoreThe U.S. dollar outperformed its peers during the New York session thanks to upbeat headline and core retail sales data, as well as easing concerns about North Korea.
Read MoreGBP got a severe beat-down during the session. Also, CHF ended up being the best-performing currency of the session, despite the risk-on vibes.
Read MoreThe dollar and higher-yielding currencies popped higher on news that North Korea is holding off from bombing Guam today.
Read MoreAfter taking a heavy beating late last week, U.S. stock indices managed to end the day in the green on easing concerns about North Korea.
Read MoreThere wasn’t much in the docket for the session. Even so, USD got bid broadly higher while the risk-on vibes really put the hurt on CHF.
Read MoreHigher-yielding bets started the week strong thanks to easing concerns over nuclear threats from the U.S.
Read MoreCHF and JPY vied for supremacy this week, with JPY coming out on top. But can you guess which currency ended up at the bottom of the heap?
Read MoreVolatility and directional movement were both in short supply during the session. Loonie pairs were on the move, though, since the Loonie was getting some broad-based demand.
Read MoreOpportunities don’t happen, you create them.Chris Grosser