Pip Diddy

Price action was pretty choppy during today’s morning London session, and some currency pairs were even bound in tight ranges. The euro was clearly moving in a uniform direction, though.

With Japanese traders out on a holiday, Asian session forex traders simply extended the themes from the U.S. session. The dollar lost more pips while the yen strengthened across the board.

Traders showed no love for the Greenback after the downbeat U.S. advance GDP reinforced the Fed’s downbeat views. Here’s what happened.

Lots of economic reports for the Euro Zone during today’s morning London session, but the euro’s forex price action was mixed, probably because forex traders were being influenced more by market sentiment.

Forex trading was a mixed bag of nuts, as economic reports clashed with central bank speculations. Here’s what happened during the Asian session!

The Greenback tossed and turned during the FOMC decision, as the Fed made a few key changes to their statement but refrained from giving any clues about their next moves.

Compared to the earlier Asian session, price action during today’s morning London trading session was more subdued and choppy, probably because forex traders are waiting for the FOMC and RBNZ monetary policy statements to be released.

Forex trading was a mixed bag of nuts, as economic reports clashed with central bank speculations. Here’s what happened during the Asian session!

The Greenback slid lower against its forex rivals when traders saw mostly weaker than expected U.S. data and started closing their dollar positions ahead of today’s FOMC statement.

Not much on the docket for today’s morning London forex session, but there was volatility aplenty as forex traders turned mainly to risk sentiment for direction.