Market News

Before we officially start a new trading year, we’re sharing our quick and wacky predictions for 2017. Which ones do you think will likely come true?

After last year’s monster move across all Swissy pairs, price action on the Swissy was relatively more subdued this year. Did the SNB have something to do with it? Time to find out!

The Aussie saw mixed price action in 2016 as foreign risk factors collided with weak economic data on the Aussie homefront. What happened & what should we look out for in 2017?

What a year this has been! There has been no shortage of heart-pounding events and market surprises for 2016, and forex industry players seem to have rolled with the punches.

C-C-C-COMBO BREAKER!!! I’m taking a breather from all my individual currency recaps to list down the top 5 themes that rocked the forex markets in 2016. Check it out!

The euro had a bad run in 2016, losing out to most of its peers. But what helped to drive the euro lower? And will they continue to have a role in 2017? Well, time to find out!

The Kiwi was one of the winners among the major currencies in 2016, but the monetary policy changes and economic conditions didn’t exactly fit the bill. What’s up with that and what’s next for the New Zealand dollar in 2017?

The Loonie was tracking oil for the most part this year. And oil benchmarks are ending the year on a high note. However, both oil and the Loonie didn’t just steamroll their way to a profitable year.

2016 was all about if/when the Fed will raise rates, and for the Fed, as always, their outlook and decisions were dependent on the data. How did the did it all turn out for the U.S. economy and the Greenback?

As it says in the title, the pound got a massive pounding in 2016. It wasn’t a one-way street, however, because price action on the pound actually had distinct phases or periods.

It’s always difficult to pinpoint where we are in terms of a trend. Long-term trends in the currency markets have ranged from six to ten years, measured by the various bull and bear markets in the dollar since the inception of the free-floating currency market back in 1971.

There were only a few items on the calendar, so forex traders apparently turned to the commodities rout for direction, since all the comdolls got whupped during the morning London session.

Let’s start this year’s year-end review with the Japanese yen. So, how did the yen fare this year? Were there any uniform, directional movements? And what was driving the yen’s forex price action? Time to find out!

Forex price action was a mixed bag of nuts, as profit-taking got mixed in with a bit of bearishness from yesterday’s Wall Street performance.

Central bank forecasts for growth and inflation play a major role in setting monetary policy and making adjustments so let’s review just how spot-on the estimates for 2016 have been.

Markets seem to be in holiday mode already as most major pairs rocked back and forth inside their ranges.

U.S. bond yields fell during the morning London session, dragging the Greenback with it. Returning risk aversion, meanwhile, apparently weighed down on the higher-yielding Kiwi.

It’s near the end of the year once more, but before I start rolling out my customary year-end reviews for each currency, lemme give y’all a quick month-by-month rundown of the major themes and events this year.

The low-yielding Greenback sustained more hits today, as Asian session forex traders took on higher-yielding currencies despite the light data flow.

Rally and reverse! The Greenback tried to push for more gains but eventually ran out of steam and pulled back.