Market News

Commodities were in retreat during the morning London session, but oil swam against the tide, which is probably why the Loonie managed to win out against its peers. The other comdolls, meanwhile, got bushwhacked.

Capping 2016’s monetary policy announcements is the BOJ’s decision for the month of December. What did Kuroda and his gang have to say?

Ho-hum. Major currencies were locked in tight ranges despite the release of the BOJ’s December policies and the RBA’s meeting minutes. What did the central banks have to say?

The value of net long bets on the Greenback edged lower. And the latest COT forex positioning report reveals that euro bears were abandoning ship while even more yen bears came out of the woods.

The U.S. dollar sprang back to life after Fed Chairperson Yellen highlighted labor market improvements in her recent testimony, even as U.S. data disappointed.

Not much on the docket for today’s morning London session, so forex traders turned mainly to risk sentiment for direction. And since risk aversion appeared to be the dominant sentiment, the safe-haven currencies had a little bullish party.

If you’re looking for a top-tier event to trade this week, the Bank of Japan’s monetary policy decision could be your best bet. But here’s why the Japanese central bank probably won’t budge.

The Greenback took a couple of steps back against its higher-yielding counterparts, as a few Asian session traders took profits ahead of the holidays.

Konnichiwa, forex friends! If you want an overview of the Japanese economy ahead of this week’s BOJ statement, then this economic snapshot may be just for you.

You probably already know that the Greenback reigned supreme this week, but do you also know that the Kiwi got whupped? What’s up with that? And how did the other currencies fare this week? Well, time to find out!

There were only low-tier items on the docket, so price action was rather choppy, with many pairs trading sideways. The Loonie was showing some broad-based weakness, though, likely because of retreating oil prices.

Capping off this week’s central bank announcements is the BOE. What did Carney and his gang have to say? More importantly, how have they affected the pound’s price action?

Asian session forex traders had a mixed trading session thanks to a lack of economic catalysts on the docket. Read on to see how the major currencies fared!

The Greenback’s fans showed no signs of exhaustion from the after-party as strong U.S. reports kept the bullish energy going. Here’s how it all turned out.

Demand for the Greenback persisted during today’s morning London session. The pound, meanwhile, tossed and turned before the BOE statement and then got dumped when the BOE announced that it was maintaining its monetary policy.

In case you missed it, the Fed finally hiked rates after an entire year. The rate hike itself was widely expected, so what else happened during the December FOMC statement? Well, here are four key takeaways that you should know about!

The Greenback extended its post-FOMC rally during the Asian session before it eventually ran into a few sellers before the trading session ended.

Planning on catching a few more pips over the Christmas holidays? Here are a few things to keep in mind if you’re hoping to find any festivities in the forex scene over the next few days.

Not only did the FOMC raise interest rates as expected, but they also projected three more hikes for next year. No wonder dollar bulls came out to play!

Most pairs have been milling about in tight ranges all day, likely because forex traders were sitting on their hands ahead of the last FOMC statement of the year. Still, there were some movements, albeit rather wonky and choppy ones.