Asian Session Forex Recap – Sept. 23, 2016
Dollar domination was the name of the game during the Asian session, as a lack of market-moving reports inspired forex traders to bank on this week’s economic themes.
Read MoreDollar domination was the name of the game during the Asian session, as a lack of market-moving reports inspired forex traders to bank on this week’s economic themes.
Read MoreMedium-tier economic data from the U.S. came in mixed so the Greenback was all over the charts as well. Here’s what went on.
Read MoreRisk-taking was the name of the game, as equities and commodities rallied hard during the session. However, it was the safe-haven Swissy that ended up being the one currency to rule them all, which is admittedly very weird.
Read MoreRisk appetite was the name of the game during the Asian session, as forex traders celebrated the Fed’s decision to sit on its hands for another month.
Read MoreAll eyes and ears were on the FOMC announcement, during which most policymakers voted to stay put while a few dissented. Here’s the latest scoop!
Read MoreDespite the upcoming FOMC statement, there was price action aplenty during the session. And price action was being dictated by risk appetite for the most part. The yen’s overpowering strength was a clear exception, though.
Read MoreIt was all about the BOJ during the Asian session, as the central bank announced its tweaks to its monetary goals and policies. What exactly did Kuroda and his gang say?
Read MoreThe Greenback was all over the place as New York session traders seemed to have gotten distracted by news of the Brangelina split in the absence of other major reports.
Read MorePrice action was rather wonky during the morning London session, since most of the major movers were on the move without any apparent catalysts.
Read MoreForex price action was subdued during the Asian session, thanks to a lack of economic reports and catalysts on the docket.
Read MoreIt is not history, facts, or intelligence that guide most investors through the final phases of a bull market; it is hopes and wishes.Richard Russell