Pip Diddy

Euro pairs continued to slide as Governor Draghi grabbed the mic during the ECB presser and hinted that QE could carry on for much longer.

As expected, the ECB decided to keep rates on hold while extending its QE program to December 2017. The euro spiked after the announcement, then quickly got dumped. Directional movement on most of the other pairs, meanwhile, was relatively subdued.

The dollar gave up pips to its counterparts on a bit of risk-taking as well as profit-taking from long dollar trades. Here’s what’s up in the forex scene!

The BOC was the star of the show in the latest forex performance with their policy statement, but RBNZ head Wheeler managed to throw in a solid encore number as well.

Risk-taking was the name of the game, so both the higher-yielding Kiwi and Aussie got bought up. Meanwhile, the pound got kicked broadly lower, likely on poor data.

Aussie bears had a field day after Australia printed its first economic contraction in five years. Read on to know what’s up in the forex scene!

The Greenback made quite a comeback against its forex rivals, lifted by strong gains in U.S. equities despite mixed economic data.

Today’s morning London session was rather calm, with many currency pairs trading sideways. The risk-on vibes likely sent buyers towards the Aussie, though, while the euro got a bearish injection near the end of the session.

Asian session market players kept calm and carried on today after getting jittery over Renzi’s resignation yesterday.

The euro was the star of the forex show as it extended its climb from the previous session on talk of Greek debt restructuring.