U.S. Session Forex Recap – May 13, 2016
The Greenback showed the major currencies who’s boss, as it rose across the forex charts for most of the New York session. Here’s how it all turned out.
Read MoreThe Greenback showed the major currencies who’s boss, as it rose across the forex charts for most of the New York session. Here’s how it all turned out.
Read MoreAll eyes were on the pound during the morning London session, thanks to the MPC decision. The pound wasn’t the only major mover, however, since the yen and the Loonie were on the move as well.
Read MoreForex price action was a mixed bag of nuts, as traders priced in intervention speculations and a bit of risk aversion.
Read MoreThe lack of top-tier releases from the U.S. left the Greenback defenseless against its currency rivals and vulnerable to stock market weakness.
Read MoreThe forex calendar was a bit sparse during the morning London session, but there was price action aplenty since forex traders turned to rallying commodity prices for direction. Can you guess which currencies benefited the most?
Read MoreForex price action was a mixed bag of nuts, as the dollar gained pips on the European currencies but lost to the comdoll gang. What’s up with that?!
Read MoreWhat a comeback for the comdolls! Thanks to a pickup in oil prices, higher-yielding currencies managed to ride a wave of risk appetite in the U.S. session.
Read MoreForex price action was rather choppy (and also a bit wonky) during today’s morning London session, but risk sentiment seems to be the main driver for the most part.
Read MoreForex price action was a mixed bag of nuts, as a bit of risk-taking got mixed in with jawboning from some Finance Ministers.
Read MoreNo major reports? No problem! The forex arena still saw a lot of action during the U.S. session, particularly on the commodities front.
Read MoreTo think is easy. To act is hard. But the hardest thing in the world is to act in accordance with your thinking.Goethe