Pip Diddy

The pound was in demand again during today’s morning London session. Meanwhile, the prevalence of risk appetite buoyed the Aussie and the Kiwi while limiting demand for the safe-havens.

The last trading day of the month turned out to be a mixed bag of beans for Asian session traders, as the major currencies moved in different directions.

The Greenback seems to be shaping up for a strong finish this month as volatility is starting to pick up in the forex market again.

Price action was rather choppy and volatility was relatively subdued during today’s morning London session. Most currency pairs were trading sideways, but pound pairs were clearly on the move.

A pretty subdued trading session for forex traders, as a lack of catalysts kept major currencies in tight intraday ranges. Read on to see the market-movers for the past couple of hours.

Profit-taking was the name of the game for the Greenback on Monday, as the U.S. currency returned a few of its recent gains to its counterparts.

A quiet start for European traders to start the week with a lack of major economic data and U.K. traders on holiday during the morning London session.

Thanks to a lack of major economic releases, forex price action turned out to be as exciting as watching water boil. So, what moved the major currencies during the Asian session?

Another trading week has come and gone. Pound and Greenback strength were the main themes last week. What was driving forex price action for these and the other major currencies?

All was calm in the forex front during the morning London session, likely because traders were waiting for what Fed Head Yellen has to say later. There were some movements from Swissy and pound pairs, though.