Pip Diddy

Forex trading was a mixed bag of nuts, as data dumps from the Asian economies and a rise in commodity prices inspired currency-specific moves for the major pairs.

The U.S. dollar was slowly sliding lower against its forex peers until BOE Governor Carney stepped up to the podium and started talking stimulus.

Price action was a bit wonky during the morning London session since risk aversion seems to be returning, but the Aussie and the Kiwi were doing well while the pound and euro had some roller coaster price action. And this was likely because of month-end flows.

The dollar strikes back! Brexit-related jitters trickled back to the markets after a round of profit-taking and risk-taking from the previous forex trading sessions.

Risk appetite extended its stay in the currency markets, boosted by hopes that the negotiations between the U.K. and EU might proceed smoothly.

Looks like risk appetite is here to stay, so the higher-yielding comdolls benefited a lot while the safe-havens got slapped lower during today’s morning London session. The pound, meanwhile, continued to trend higher.

Forex trading was a mixed bag of nuts, as traders take profits and wait for the next catalyst for the major currencies

Currency pairs started picking up the pieces after the post-Brexit fallout, lifted by gains in equities and commodities. Will this last?

Risk appetite made a solid comeback during today’s morning London session, which also offered some much-needed respite to both the pound and the euro.

Risk aversion took a step back during the Asian forex trading session, as supply threats in Norway boosted oil prices and fueled the profit-taking among the higher-yielding currencies.