Market News

The dollar’s price action was a mixed bag of nuts, as overall risk aversion got mixed in with dollar weakness from the previous session. What’s up with that?!

More trading days and a rebound from February’s slight pullback in volumes saw the forex industry come back to life in March, thanks to a slight pickup in volatility as well.

The Greenback had a rough day as stock indices and bond yields sank on weaker hopes of seeing a healthcare overhaul and tax reform from the Trump administration within the year.

The London session followed the Asian session’s lead, since trading conditions remained relatively tight. The session wasn’t a complete snooze fest, however, since the pound jumped when the U.K.’s services PMI printed an upside surprise.

Hello, forex friends! We’ve got another NFP report scheduled for release this Friday. And if you’re planning to trade this top-tier event and need to get up to speed on what happened last time and what’s expected this time, then today’s Forex Preview is just for you!

Forex price action was as exciting as watching water boil, as Asian session traders stayed in the sidelines ahead of the FOMC meeting minutes and Trump’s meeting with China’s Xi Jinping.

The U.S. dollar had a mixed performance as it slid lower to most of its counterparts but consolidated against the pound and Kiwi. What’s up with that?!

The yen extended its gains during the morning London session, thanks to plunging bond yields and the overall risk-off vibes in Europe. At the same time, the risk-off vibes kicked the poor Aussie even lower for the day. The pound, meanwhile, had some two-way price action.

The RBA sure started the trading month with a bang! What exactly did Lowe and his team say and why did they drag on the Aussie so much today? Here are 4 things you need to know about the event.

Earlier today the RBA kept its interest rates unchanged at 1.50% as expected. So why did the Aussie (and a lot of higher-yielding currencies) see losses during the forex trading session?

After four weeks of increases, the value of net long bets on the Greenback finally took a hit. The latest COT report shows that positioning activity was another mixed bag of nuts, however. But interestingly enough, the pound managed to take ground from the Greenback.

It wasn’t such a manic Monday for New York session traders as the major pairs were mostly confined to their ranges, waiting for the bigger events lined up later in the week.

The pound got slapped lower across the board during the session, thanks to the miss in the U.K.’s manufacturing PMI reading. Meanwhile, the Kiwi ended up as the one currency to rule them all.

Aussie traders, huddle up! The Reserve Bank of Australia is gearing up to make their monetary policy decision this week, and here are a few things you should keep in mind if you’re trading this event.

Forex price action was a mixed bag of nuts, as currency-specific reports pushed the major currencies in different directions. Here’s what’s up!

G’day, forex mates! We’ve got another RBA statement coming our way this Tuesday, so I thought that now would be a good time to give y’all a roundup of Australia’s major economic reports.

The pound shrugged off the risk events this week and ended up dominating all. The euro and the Swissy, meanwhile, both got a severe smack-down. So, what drove price action on these currencies? And how did the other currencies fare this week? Well, time to find out!

Price action was a bit choppy during today’s morning London session. The pound did find some broad-based demand, however, while the Aussie showed weakness against all its peers.

Well, that was fun. I hope you caught tons of pips in the first three months of the year! If you’re already preparing for more forex action, then here are 6economic themes you should watch out for in Q2 2017.

Risk-taking was the name of the game during the Asian session, as a surge of economic reports fired up the major currencies all over the charts.