Market News

Even though U.S. data came in slightly stronger than expected, it looks like forex junkies are steering clear of U.S. equities and the dollar. Here’s why.

Risk aversion from the earlier session persisted into Monday’s morning London session, so the safe-haven yen got a lot of love from forex traders.

This week is relatively light in terms of data but perhaps the biggest event risk is one that’s not in the economic calendar. Here’s how the presidential debates can rock the market.

Given that Janet & Company sounded so “hawkish” when they were sipping wine and eating cheese in Jackson Hole, reporters at the recent Fed press conference asked if waiting till after the election to hike rates might be politically motivated.

Forex price action was a mixed bag of nuts, as a lack of catalysts got mixed in with last week’s economic themes.

The main theme for the trading week was Aussie domination. As for secondary themes, we’ve got pound and Greenback weakness, as well as yet another strong week for the yen. So, what was driving forex price action?

It’s been a while since I made an economic roundup for Switzerland, so read up if you’re interested on how the Swiss economy is doing overall.

Today’s morning London session was rather lively. To be more specific, the return of risk aversion buoyed the yen while rumors about an oil deal gave the Loonie a boost. The pound, meanwhile, got kicked lower.

Next week’s highly-anticipated meeting between the major oil producers will likely result to a major announcement. Unfortunately, it probably won’t change the overall oil oversupply picture.

Dollar domination was the name of the game during the Asian session, as a lack of market-moving reports inspired forex traders to bank on this week’s economic themes.

Medium-tier economic data from the U.S. came in mixed so the Greenback was all over the charts as well. Here’s what went on.

Risk-taking was the name of the game, as equities and commodities rallied hard during the session. However, it was the safe-haven Swissy that ended up being the one currency to rule them all, which is admittedly very weird.

Hello, forex friends! If you’re interested on the most important details of the most recent FOMC statement, then here are the key points that you need to know and remember.

Risk appetite was the name of the game during the Asian session, as forex traders celebrated the Fed’s decision to sit on its hands for another month.

All eyes and ears were on the FOMC announcement, during which most policymakers voted to stay put while a few dissented. Here’s the latest scoop!

After the Bank of Japan (BOJ) did what it did, a boatload of economics Ph.D. descended on the airwaves and internet blogs this morning to share their usual inside baseball stuff in an effort to explain the “bold” move by the Bank of Japan—targeting the yield curve.

Despite the upcoming FOMC statement, there was price action aplenty during the session. And price action was being dictated by risk appetite for the most part. The yen’s overpowering strength was a clear exception, though.

Konnichiwa, forex friends! The BOJ finally announced the results of its “comprehensive assessment” as well as a new policy framework that caused the yen to tussle a bit. And here are the major takeaways that you need to know about.

It was all about the BOJ during the Asian session, as the central bank announced its tweaks to its monetary goals and policies. What exactly did Kuroda and his gang say?

The Greenback was all over the place as New York session traders seemed to have gotten distracted by news of the Brangelina split in the absence of other major reports.