Market News

Ho-hum. Forex price action was as tight as the U.S. Presidential elections, as market players trade cautiously ahead of the anticipated U.S. event.

Net bullish bets on the Greenback increased for the sixth week running. And the latest COT report reveals that demand for the Greenback was more broad-based, since the Greenback only lost ground to the Aussie and the pound.

All eyes and ears are on the U.S. elections this week, allowing the Greenback to advance despite the lack of top-tier data.

Profit-taking now appears to be the name of the game in the forex market, as the higher-yielders and the Greenback gave back earlier gains while safe-havens found support despite the prevalence of risk-appetite in other markets.

In case you missed it, Canada printed stronger than expected headline jobs figures for October. But is it really all good beneath the hood?

Risk appetite was the name of the game during the Asian session, as the FBI cleared Clinton’s emails and oil prices rose on news of an earthquake.

There were lots of themes in play this week, with Loonie and Greenback weakness, as well as pound strength being the main ones. So, what was driving forex price action on these and the other currencies this week?

The October NFP report didn’t infuse the Greenback with a lot of volatility, but here are some of the more important things you need to know about if you want a quick run-through on the details of the NFP report.

Today’s another NFP Friday and there wasn’t much on the calendar, so price action was relatively tight. The yen and the Swissy got some buyers, though, likely because of the risk-off mood.

The British High Court wasn’t the only mover for the pound yesterday! Here are takeaways from the BOE’s latest policy statement and inflation report that might make you re-examine your trading biases.

Dollar correction in full bloom and gold bouncing accordingly…shorter term players may consider playing these moves…

Forex price action was as tight as Game 7 of the World Series, as Asian session traders brace themselves ahead of the NFP release and the U.S. election weekend.

Economic data from the U.S. came in mostly below expectations while markets closed lower yet again, but the Greenback managed to put up a bit of a fight.

The pound was under the spotlight during today’s morning London session, thanks to the U.K. High Court’s ruling on Brexit and the BOE statement. What happened and how did the pound react?

Hi, forex friends! The latest FOMC statement didn’t cause a lot of fireworks, but there were a few important things that you may wanna keep in mind when the December FOMC statement finally rolls around.

Another jittery session for forex traders! With not a lot of data on the docket, Asian session traders continued to price in a nail-biting U.S. Presidential election.

The highly-anticipated FOMC statement turned out to be a dud as rates were kept on hold while traders turned their attention to U.S. election updates.

Risk sentiment was still driving forex price action for the most part during today’s morning London session. The pound, meanwhile, got buoyed by the unexpected rise in construction PMI while follow-through buying underpinned the Kiwi.

If you missed ’em, the BOJ and the RBA announced their respective monetary policy statements yesterday. So, what did the two central banks have to say? Well, time to find out!

The dollar continued to bleed pips against its major counterparts, as Asian session forex traders caught up to the bloodbath seen in the previous trading sessions.