Pip Diddy

Today’s another NFP Friday and there wasn’t much on the calendar, so price action was relatively tight. The yen and the Swissy got some buyers, though, likely because of the risk-off mood.

Forex price action was as tight as Game 7 of the World Series, as Asian session traders brace themselves ahead of the NFP release and the U.S. election weekend.

Economic data from the U.S. came in mostly below expectations while markets closed lower yet again, but the Greenback managed to put up a bit of a fight.

The pound was under the spotlight during today’s morning London session, thanks to the U.K. High Court’s ruling on Brexit and the BOE statement. What happened and how did the pound react?

Another jittery session for forex traders! With not a lot of data on the docket, Asian session traders continued to price in a nail-biting U.S. Presidential election.

The highly-anticipated FOMC statement turned out to be a dud as rates were kept on hold while traders turned their attention to U.S. election updates.

Risk sentiment was still driving forex price action for the most part during today’s morning London session. The pound, meanwhile, got buoyed by the unexpected rise in construction PMI while follow-through buying underpinned the Kiwi.

The dollar continued to bleed pips against its major counterparts, as Asian session forex traders caught up to the bloodbath seen in the previous trading sessions.

The Greenback was off to a terrible start for the month as U.S. elections jitters dragged the currency lower across the board.

Not much on the docket for today’s morning London session, so forex traders turned mainly to risk sentiment and commodities for direction.