Market News

What’s up with the yen’s strength these days? Let’s take a look at four possible factors pushing the low-yielding currency higher.

The dollar bounced back from its late U.S. session losses after U.S. officials hinted that Trump is “done negotiating” and is calling for a vote this Friday.

After hours of intense deliberations and a lot of anticipation, traders were disappointed to find out that the House of Representatives decided to delay the healthcare bill vote. Where is Frank Underwood when you need him?

Another choppy European session today, very likely because market players are waiting for the vote on the U.S. healthcare bill. There was some wonky price action, though, since the yen was mostly higher despite higher bond yields and the overall risk-on vibes.

As expected, the RBNZ kept the OCR steady at a record low 1.75%. There was no press conference, however, which is a bummer. Anyhow, here are the takeaways of the March RBNZ statement that you may wanna know about.

With no major market mover on the docket, Asian session forex traders focused on currency-specific price action.

Political headlines are back in the spotlight with risk aversion in tow, dragging commodities, equities, and higher-yielding currencies lower in the past few days. What’s up with that?!

The Greenback was all over the place in the latest New York session as the currency simply reacted to country-specific data and headlines while European currencies and comdolls turned lower.

The US dollar is getting whacked today against the euro, yen, and pound…but in this risk-off day where stocks are getting clobbered, the dollar is holing up against the commodity currencies.

The pound flattened out on Wednesday after hitting its highest levels in almost four weeks.

The euro rose above $1.08 for the first time in six weeks on Tuesday due to Macron’s debate performance.

The dollar hit a four-month low against the safe-haven yen on Wednesday as a risk-off mood took hold across markets.

Price action was a bit choppy across most pairs, but the yen clearly reigned supreme during today’s morning London session, thanks to slumping bond yields amid another round of risk aversion.

Lots of happenings this week so far, and probably more to come. And if you somehow missed these happenings, then here are the most important ones that you need to know about.

Risk aversion was the name of the game during the Asian session, as forex traders took cues from the previous session and worried over the timeline of Trump’s tax and fiscal policy plans.

Not even upbeat medium-tier data and a few hawkish remarks from Fed officials were enough to keep the Greenback afloat as U.S. equities tumbled as well.

The pound, the euro, and the Loonie battled for supremacy during today’s morning London session. But in the end, there can be only one, and that happened to be the pound.

Large speculators boosted their net favorable bets on the Greenback during the week ending on March 14, since the value of net long bets on the Greenback surged from $15.26 billion to $17.59 billion, according to calculations done by Reuters. However, the latest Commitments of Traders forex positioning report from the CFTC shows that the …

Recent reports show that big oil players have just cut their long bets and placed their short trades so fast that they’ve pulled off the sharpest weekly net-long reduction on record. What’s up with that?!

Forex price action was a mixed bag of nuts, as a lack of economic catalysts pushed major currencies in different directions during the Asian session.