Market News

Dollar domination was the name of the game as U.S. data hit the mark while Yellen hinted of a rate hike in the coming months. Meanwhile, the Loonie lagged after the BOC presser.

The risk-off vibes apparently fueled demand for the safe-haven Swissy while the slump in oil prices dragged the Loonie lower. All the while, the pound steadily gave back its gains from yesterday’s super rally.

Here are 6 key takeaways from PM Theresa May’s speech given yesterday about U.K.’s relationship with the E.U.

The dollar took a breather from its losses from earlier this week as traders brace for Yellen’s speech and Trump’s inauguration this weekend.

The Greenback ended lower against its peers on weak data, mixed Fed rhetoric, and market jitters leading up to the Donald’s inauguration. U.S. equities closed in the red as well.

The pound got a double boost from a good CPI reading and Theresa May’s speech. The Greenback, meanwhile, continued to slide lower against its peers, although it did beat back the yen in the end.

Ready to trade more top-tier events this week? Here’s what you can expect from Australia’s jobs report for December.

The dollar lost a couple more pips against its major counterparts, as Trump-related jitters trumped (pun intended) concerns over Theresa May’s speech later today.

The latest COTpositioning report from the CFTC shows Greenback losing ground to the yen and the euro while taking ground from everything else.

Dollar pairs held on to their ranges as U.S. markets were closed for the holiday while sterling is feeling the jitters ahead of U.K. Prime Minister May’s speech.

The pound was in recovery mode during today’s morning London session. The euro, meanwhile, spent the session by continuing to edge lower.

Gather ’round, pound traders! It’s gonna be another blockbuster week for the U.K. as several top-tier catalysts are scheduled over the next few days. Better start reading up on what each event is all about and how they might turn out.

The pound started the week on the wrong side of the charts, as it gapped lower across the board following speculations that the U.K. is in for a “hard” Brexit.

Howdy, forex buddies! The BOC statement is coming up on Wednesday, and if you’re wondering how Canada’s economy has been faring lately, then today’s Economic Snapshot is just for you.

This week was another week of pound bashing, as well as another good week for the Aussie and the Kiwi. So, what was driving forex price action on these currencies? And how did the other currencies fare?

Different year, same problem—debt overhang! Despite the best efforts of governments and central banks we remain stuck in the same vicious feedback loop.

There was volatility aplenty today. However, directional movement was limited, with choppy or two-way price action on many pairs. The Greenback was broadly weak, though, while the Aussie was broadly in retreat, likely because of the commodities rout.

It’s only the second trading week of the year, but some Fed members have already hit the newswires to share their two cents on the economy. What did they have to say?

Forex price action was a mixed bag of beans, as Asian session players priced in China’s weak trade data and the dollar’s slight recovery across the board.

All eyes and ears were on the FOMC members who gave speeches supporting three rate hikes this year, resulting to a few gains for the Greenback.