Parity

Forex traders went on a Kiwi hunting expedition this week (for the currency, not the bird). As a result, the Kiwi got taken down. Other than that, forex traders also bought up both the Greenback and the pound. So, what drove forex price action? And how did the other currencies fare?

Market players were still feeling the post-Brexit lull last month as trading volumes continued to retreat. Perhaps traders were spooked by the Ghost Month?

Forex trading activity had a really solid run in September, but market players were unable to sustain these volumes in the following month. Here are October’s metrics.

G’day, forex mates! As you may or may not know, the Aussie has been trending broadly higher since the end of December 2016, shrugging off any disappointing economic reports that were thrown in its way. What’s up with that? Well, here the 3 major factors that have helped in sustaining the Aussie’s broad-based upward push.