Market News

Large speculators boosted their net favorable bets on the Greenback. However, the latest COT forex positioning report shows that the Greenback advanced mainly at the expense of the pound and the yen while getting significant push-back from the euro.

A couple of not-so-hawkish FOMC members gave testimonies during the U.S. session but traders still seem to be more focused on the goings-on in Europe.

The Greenback was in recovery mode during today’s morning London session while the Loonie got pulled down by sliding oil prices. Meanwhile, there was decent two-way action on the pound, as the pound’s rise got cut short after it was announced that the Brexit Process will start on March 29.

Just when it seems like major central banks have already had their say in the past couple of weeks, the Reserve Bank of New Zealand is just gearing up to make its policy announcement. If you’re looking for a big event to trade this week, this could be it!

The dollar continued to lose pips against its major counterparts as Asian session forex traders caught up to last Friday’s price action. Here’s what’s up!

Greetings, forex friends! It’s been a long time since I last rolled out an economic snapshot for New Zealand. And since another RBNZ statement is coming our way, I thought that now would be a good time to make one, so here it is.

Everybody probably already knows that the Greenback got whupped this week. But did you know that the Aussie was this week’s top winner? What drove the Aussie higher? And how about the other currencies? How did they fare? Well, time to find out!

The Kiwi was the one currency to rule them all during the session, thanks to rallying commodities and the risk-on vibes. The euro, meanwhile, got whupped after a poll showed Le Pen taking more ground.

What’s up with the BOE’s latest policy decision and why did the pound react as much as it did yesterday? Here are the 4 major takeaways from the last policy decision this week!

Ho-hum. Asian session forex traders took a chill pill today, as a lack of major catalysts inspired some to take profits ahead of the weekend.

Mixed economic reports prevented the Greenback from establishing a clear direction, leaving the euro to steal the spotlight when a couple of ECB officials started talking.

The dollar sank to a one-month low, while some surprise hints on the chances of a rise in UK interest rates drove sterling higher on Thursday as investors digested the fallout of a second rise in U.S. rates in three months. Investors snapped up the greenback at the start of European trade, judging it looked …

Price action was kinda choppy on most pairs during today’s morning London session. However, the pound got a bullish infusion late into the session, thanks to an unexpected move from a BOE official. Can you guess who and what he or she did?

The Fed finally decided to hike and the Greenback plunged as a result. Wait, what? That’s right! And if you’re wondering why the Greenback plunged, or maybe you just wanna know some of the most important points from the Fed’s March statement and presser, then here are the key highlights that you need to know about.

It was a busy trading session for forex traders, as a couple of tier 1 economic events and reports pushed major currencies all over the charts. Here’s what you need to know!

Profit-taking was the name of the game in the U.S. session as the Greenback got heavily dumped even after the Fed hiked interest rates as expected.

Today was another relatively subdued morning London session, probably because forex traders are bracing themselves for the upcoming FOMC statement. The pound was clearly on the move, though, apparently because of the disappointing jobs report.

Greetings, forex chaps! If you somehow missed it, the Brexit Bill got passed and Scotland’s Nicola Sturgeon is calling for another Scottish referendum. And here are some of the things you may wanna know about ’em.

The dollar inched higher across the board, as Asian session forex traders took profits from their higher-yielding bets ahead of the FOMC statement due in a few hours.

The Greenback seems to be warming up for the FOMC announcement this week, as it edged slightly higher against its peers on upbeat inflation data.