Market News

The euro traded near a 14-month high on Friday and was on track for its best quarter in nearly 7 years.

The dollar extended its losses on Friday as major central banks signaled that the era of cheap money.

German Chancellor Angela Merkel promised to fight for free trade, challenging the “America First” policies of U.S. President Donald Trump.

The Greenback barely got a boost from yet another upgrade to the Q1 GDP figure as Fed official Bullard seemed unimpressed and Wall Street ended the day in the red.

The euro and sterling rose on Thursday and U.S. bond yields spiked as hawkish comments from central banks signaled an end to ultra-loose monetary policy on both sides of the Atlantic.

The U.S. dollar held around a nearly 14-month low against the euro on Thursday on growing expectations of more hawkish monetary policies in Europe and Canada.

The world’s top central bankers have delivered what seems to be a collective message this week that quantitative easing is being put back in its box and interest rates are going up.

The euro surged to its highest in over a year on Thursday, while sterling, bond yields and global shares also climbed.

Trading conditions were a bit tight but AUD did end up broadly higher against its peers while JPY got slapped broadly lower.

The euro jetted past $1.14 to its highest in just under 14 months on Thursday.

Q2 2017 is about to come to an end, so it’s time take stock of the events and themes that drove forex price action.

The Fed’s not the only hawkish central bank in town and traders made it known by selling the dollar.

Staying in sync with market sentiment has been as tough as keeping up with the Kardashians these days, so I’ve rounded up a few tools that might help us out.

The dollar wallowed close to one-year lows against the euro and slipped against sterling in Asian trading on Thursday, as investors priced in tighter monetary policy in Europe.

The lack of top-tier reports left major currencies sensitive to central banker remarks. Risk-taking also came into play as crude oil and U.S. equity indices closed in the green.

The euro hit a one-year high against the U.S. dollar on Wednesday and the British pound rallied on bets that Europe’s and Britain’s central banks are preparing to scale back monetary stimulus.

Oil futures climbed more than 1 percent on Wednesday to their highest in more than a week as buyers were encouraged by a small weekly decrease in U.S. production.

The euro hit a one-year high against the dollar on Wednesday and German 10-year Bund yields continued to rise after doubling the previous day,.

Today’s morning London session was much more subdued. Even so, the Loonie was clearly on the move as it easily steamrolled all its forex rivals.

The euro surged to a one-year high on Wednesday, adding to its biggest daily gain in more than a year a day earlier.