Pip Diddy

It was all about the yen during the Asian session, as pre and post-BOJ jitters sent the currency all over the forex charts. What exactly did Kuroda and his gang have to say?

The Greenback reigned supreme against its forex peers, closely trailed by its fellow lower-yielders, the Japanese yen and the Swiss franc. What’s going on?

Risk aversion was the name of the game during the morning London session, so the safe-havens got some buyers while the higher-yielding comdolls got whipped. Interestingly enough, the Swissy was the safe-haven of choice today.

The Greenback continued to inch lower against its counterparts, as Asian session forex traders caught up to yesterday’s price action.

The FOMC statement sounded rather upbeat yet, after a lot of tossing and turning, the Greenback ended lower against its forex peers. What’s up with that?!

Both volatility and directional movement were in short supply ahead of the FOMC statement. The session wasn’t a complete snooze-fest, though, since there was some interesting price action on the pound.

It was a topsy-turvy day for Asian session forex traders, as speculations on Japan’s new economic stimulus sent the yen (and other major currencies) all over the charts.

After a bit of a weak start in the day, the Greenback recovered against its forex rivals during the New York session thanks to mostly upbeat data.

Price action was rather wonky during today’s morning London session, with the Swissy and the Kiwi on the move, even though there were no catalysts, and the pound moving broadly higher on bad data.

Geronimooooo!!! The yen crosses fell across the board following speculations that the Japanese government stimulus may not live up to market expectations. What’s up with that?!