Pip Diddy

Forex price action during today’s morning London session was a bit wonky, but it seems like forex traders were turning to risk sentiment for the most part.

Forex trading volatility was as tight as Cyclopip’s pants, as a lack of catalysts kept volatility hunters in the sidelines. Here’s what you should know about today’s Asian session!

Forex traders went bullish on risk sentiment–despite the terror attack on Brussels–to push high-yielders up in the U.S. trading session.

Tight trading conditions persisted during today’s morning London forex session, even though there were a ton of economic reports. The pound and the euro were on the move, however, but that was probably thanks to the possible terrorist attacks in Brussels earlier.

Forex price action was a mixed bag of beans, as the comdolls gained a few pips while the majors were stuck in tight intraday ranges.

The U.S. kicked off the Monday session with weak economic data, unfortunately for forex traders, it wasn’t enough to get the needle barely moving among most pairs.

After a relatively subdued Asian session, volatility returned to the forex market when the London trading session rolled in. However, forex price action for most pairs was choppy, probably because the forex calendar only had low-tier items on the lineup.

Ho-hum. Forex price action was limited during the Asian session, thanks to a lack of catalysts and a bank holiday in Japan.

Risk on, baby! Higher-yielding currencies outpaced their safe-haven forex peers, as U.S. equities recouped most of their losses so far this year.

The forex trading week has come and gone, and the main themes this week were yen strength and Greenback weakness. And it also looks like we had Loonie demand as a secondary theme.