Market News

Nothing really major on the docket for today’s morning London session, so forex price action was relatively subdued. Both the pound and the euro were clearly under bearish pressure, though.

Aside from the FOUR central bank events, tier 1 reports such as Australia’s employment numbers are also on tap this week. Here are tips to help you make pips from the event!

With a lot of top-tier reports coming up this week, Asian session forex traders mostly kept calm and carried on while pricing in a couple of lower-tier economic releases.

The value of net long bets on the Greenback jumped. And the latest Commitments of Traders forex positioning report from the CFTC shows that the Greenback advanced across the board, losing ground only to the Swiss franc.

There wasn’t much going on in the U.S. economic calendar so New York session traders turned their attention to the developing stories in Europe.

Lots of action in this week’s first morning London session, with the euro in retreat, the pound mostly higher, and decent two-way action on the Swissy.

Brace yourselves, forex fellas! This week is gonna be an eventful one with FOUR major central bank decisions lined up. Better read up on what happened before, what’s expected this time, and how currencies might react.

The dollar extended its weakness against its major counterparts, as Asian session forex traders caught up to their U.S. and European counterparts.

Last week’s main themes continued to play out this week, so the euro is still the one currency to rule them, with the Greenback in second place. The Kiwi, meanwhile, got another smack-down. So, what drove price action on these currencies? And how did the other currencies fare?

Hello, forex friends! If you need a quick rundown of the important details of the February NFP report, or if you’re wondering why the Greenback tanked, then this quick review may be just what you need.

All was calm in the forex front, as both volatility and directional movement got sapped ahead of the NFP report. The only currency worth noting is the euro, since it was broadly higher against its peers.

ICYMI, TWO central banks published their monetary policy decisions earlier this week. What did the RBA and ECB have to say? Here are the key takeaways you need to know.

The dollar’s price action was a mixed bag of nuts, as risk appetite got mixed in with a bit of profit-taking ahead of today’s NFP release.

All eyes and ears were or ECB head honcho Mario Draghi as he held a presser after their rate decision and announced a few key changes.

The euro was the top-performing currency during today’s morning London session. Although that may change, since market players are now waiting for the ECB’s presser. The Loonie, meanwhile, got dragged lower by another day of plunging oil prices.

How y’all doing, forex buddies? Canada will also be releasing its jobs report this Friday. You know what that means, right? That’s right! It’s a chance to pillage some quick pips from the Loonie again. So, read up if you need to get up to speed.

Ho-hum. Forex price action was as exciting as watching water boil, as a lack of economic catalysts kept Asian session traders in the sidelines ahead of the ECB statement.

Towards the end of 2016 and earlier this year, certain currency pairs and their correlated assets were showing signs of decoupling. This time around, stronger trends seem to be materializing and some relationships are being revived.

The Greenback was the king of pips once more, thanks to upbeat NFP expectations and stronger odds of a Fed rate hike this month.

Today was another choppy and relatively subdued morning London session. There was some action, though, since the Swissy and the Greenback were in demand. The pound, meanwhile, was broadly weaker before getting a bullish infusion when the session was about to end.