Market News

Forex price action was a mixed bag of nuts, as traders priced in different headlines from the past couple of days. Read on to see the major market movers!

Trading conditions were pretty tight this week. Still, the yen emerged as the weakest currency so that appears to be the main theme. So, what was driving forex price action?

Howdy, forex buddies! The Loonie has been tracking oil’s price action for the most part, especially after OPEC revealed its plans to cut oil production. But if you’re wondering how the Canadian economy is faring lately, then this economic snapshot is for you.

The Swissy and the euro were in retreat while the higher-yielding comdolls were climbing higher during the session, which is weird because of the risk-off mood.

What the heck is going on with Deutsche Bank and why should forex traders pay attention? Here are answers to most common questions about the issue.

A pretty busy day for data crunchers, as China, Japan, Australia, and New Zealand all printed economic reports today. How did they affect their respective currencies?

Investors were quick to hit the panic button when news about Deutsche Bank clients withdrawing large sums of money from the German bank hit the airwaves.

There were signs that risk aversion was returning during the session, so the safe-havens were in demand while the comdolls got dumped.

OPEC members sat down to reason together yesterday, and oil and the Loonie spiked higher as a result. What happened, yo? Well, here are 5 key takeaways that you need to know about.

Risk-taking was the name of the game during the Asian session, as forex traders continued to price in the deal between the world’s largest oil producers.

Market watchers are paying close attention to commodities these days as the OPEC is moving closer to an output deal. What could this imply for intermarket correlations in the forex arena?

The biggest story for the session was the outcome of the OPEC gathering in Algiers, as market watchers heard of an agreement among the energy ministers.

Price action during today’s morning London session was rather wonky since the euro reigned supreme while the Kiwi floundered, even though risk appetite returned.

From time to time, I bring up the CME Group’s FedWatch Tool to show rate hike probabilities. And if you ever wanted to learn more about this nifty tool, then today’s little primer will help you out.

Ho-hum. With not a lot of data scheduled today, forex traders had their eyes on risk sentiment and Asian equities price action.

Rally and reverse! The Greenback tossed and turned throughout the New York trading session as economic releases failed to push the currency in a clear direction.

Europe got swamped by another wave of risk aversion, so the safe-haven yen was in demand yet again. Meanwhile, reports about Iran’s refusal to join an oil deal took its toll on oil and the Loonie.

Why are more and more central bankers calling for fiscal policy changes? Let’s revisit the relationship between monetary and fiscal policies and why it’s important to combine both to achieve growth.

With not a lot of data on the docket, forex traders turned their focus on the first U.S. presidential debate. Read on to see how the markets reacted!

The value of net long bets on the the Greenback fell again. However, the latest COT report shows that the Greenback had a mixed performance since it advanced against the Aussie and Kiwi, but got pushed back by the pound.