Market News

Dollar bulls retreated after Fed officials shared their mixed views on the timing of future rate hikes and balance sheet reinvestment, but the pound was the biggest loser for the day.

Not much on the docket for today’s session. Still, there was decent enough price action since GBP managed to find some buyers while CHF got whupped yet again.

Will the Bank of Canada raise its rates for the first time in seven years this week? Here are points you need to know.

Major currencies were all over the charts today, as traders priced in both risk appetite and dollar strength.

Net long positions on USD fell below the $1 billion mark. And the latest COT report shows that the USD lost ground against everything except yen.

There wasn’t much in the way of top-tier U.S. reports on Monday so majors took a break from their post-NFP party while Loonie traders priced in BOC expectations.

Europe is starting the week on an upbeat note, and that apparently weighed down on CHF. JPY didn’t seem to mind, though, since JPY was in recovery mode.

Pound traders, huddle up! We’ve got another potential short-term market mover comin’ right up in the form of the U.K. jobs release this week.

The yen was in Loserville today, as it took hits from weak Japanese report, strong NFP release, and overall risk appetite.

The Loonie reigned supreme, despite the slide in oil prices. So, what drove the Loonie higher and how did the other currencies fare?

The June NFP report was released yesterday and the Greenback tossed and turned before climbing higher on most pairs. What’s up with that? Well, time to find out!

Today is another NFP Friday, so trading conditions were naturally tight. It wasn’t a complete snooze fest, though, since GBP was tumbling down.

What the heck did Fed members talk about and how did the meeting minutes affect the dollar?

Pre-NFP lull? Not for the BOJ! The central bank got busy as it bought unlimited JGBs to limit their yields.

Weak Wall Street performance and downbeat leading jobs indicators combined forces to drag the Greenback lower against its counterparts.

Based on the Stocks/Commodities ratio chart we have been following and sharing for the last several years, it’s now time to start buying commodities; at least in a greater proportion to stocks.

It’s the first week of a new month, which means another NFP Friday is coming our way, so get ready for some Greenback volatility.

The higher-yielding NZD got swamped by sellers, thanks to returning risk aversion. GBP and EUR, meanwhile, were in demand. What’s up with that?

High-yielding currencies gave way to the dollar and the yen, as concerns over North Korea and the Fed’s rate hike schedule reigned supreme.

Forex price action cruised slowly for the most part of June before kicking into high gear towards the end of the month. How did this affect trading volumes?