Market News

Pound domination was the name of the game during today’s morning London session. The pound did have some trouble against the higher yielding Aussie and Kiwi, though. The Greenback, meanwhile, got kicked broadly lower.

If you somehow missed it, the U.K. Supreme Court finally announced its much-awaited ruling yesterday. As a result, the pound got a volatility infusion. And here are some of the key questions and answers that you need to know about.

Forex price action was a mixed bag of nuts, as Japan’s trade data, Australia’s inflation numbers, and a spillover from Wall Street’s rally kept Asian session traders busy.

The pound went on a wild ride during today’s morning London session, thanks to the U.K. Supreme Court’s ruling. However, the pound ultimately ended up lower against all its peers.

Can’t get enough of volatility from tier 1 reports? Why don’t you try your hand at the U.K.’s preliminary GDP release? Here are answers to your most common questions about the event!

Another one bites the dust! Dollar bears continued partying in the pip streets even as Asian bourses ended the session with mixed results.

The value of net long bets on the Greenback fell again. This time, the push-back against the Greenback was more broad-based, as the big players continue to ease their bearish bias on the yen while becoming net bullish on the Aussie.

No data? No problem! Major pairs were still able to enjoy a bit of action during the New York session but unfortunately for the dollar, Treasury Secretary Mnuchin was a downer.

There wasn’t really anything major on the docket for today’s morning London session, so price action was choppy. However, forex traders apparently turned to the commodities rally for direction, since the Aussie and the Kiwi got bid higher.

Nope, this ain’t an episode of Stranger Things and you’re not stuck in the Upside Down… The Donald has been officially sworn in as the 45th President of the United States, and his inauguration speech contains some clues on what’s in store for the markets.

It was a bloodbath for the dollar today, as Asian session traders priced in their jitters over Trump’s “America First” policies.

A roundup of the most important economic reports recently released by China.

The Loonie got whupped hard this week while the pound had a reversal of fortune and ended up as the one currency to rule them all. So, what was driving forex price action on these currencies? And how did the other currencies fare?

Price action on most pairs was rather choppy during the session, as traders waited for Trump’s inauguration. However, the Greenback was clearly in recovery mode after yesterday’s slide. Meanwhile, the Kiwi was broadly under bearish pressure.

In case you were too busy preparing your “Make America Great Again” shirts, you should know that the ECB just published its first decision for 2017. Here are five points we learned from Draghi and his gang.

It was a pretty volatile trading session for forex traders, as they priced in China’s latest GDP release, Janet Yellen’s speech, and await Trump’s inauguration.

Rally and reverse! The Greenback was off to a strong start but was unable to hold on to its intraday gains despite mostly upbeat data.

Price action was rather muted during today’s morning London, likely because traders are waiting for the ECB presser. It’s wasn’t a complete snooze fest, though, since there were some rather wonky directional movements from the Aussie and the Kiwi.

If you’re wondering why the Loonie got dumped in the wake of the BOC statement and presser, then here are the major highlights that you need to know about.

Forex price action was relatively subdued during the Asian session, as traders braced for today’s ECB policy decision and Trump’s inauguration tomorrow.