London Session Forex Recap – Sept. 20, 2016
Price action was rather wonky during the morning London session, since most of the major movers were on the move without any apparent catalysts.
Read MorePrice action was rather wonky during the morning London session, since most of the major movers were on the move without any apparent catalysts.
Read MoreThe RBA might not have made any changes to its monetary policy this month, but that doesn’t mean that the members didn’t think about it! Here are 5 things we’ve learned from their meeting minutes.
Read MoreForex price action was subdued during the Asian session, thanks to a lack of economic reports and catalysts on the docket.
Read MoreLarge speculators resumed trimming the value of their net long bets on the Greenback after increasing it during the previous week. However, the latest COT report shows that the Greenback had a mixed performance against its peers.
Read MoreNo data? No problem! The Greenback was able to regain a bit of ground against its rivals as traders are starting to prep for the FOMC statement later this week.
Read MoreThe forex calendar for today’s morning London session was pretty bare, so currency traders turned mainly to risk sentiment and commodities for direction. The main mover was marching to the tune of its own drummer, though.
Read MoreBrace yourselves for a wild ride, fellas! We’ve got FOUR central bank events that could spur additional volatility in the forex arena this week. Here’s what to expect.
Read MoreThe Greenback was the biggest loser today, as risk-taking got mixed in with forex traders taking off their dollar positions ahead of the FOMC meeting.
Read MorePound weakness was the name of the game last week. Aside from that, demand for the Japanese yen was also a major theme. Let’s look at what was driving price action for these and the other currencies, shall we?
Read MoreHello, forex friends! I already gave y’all a roundup on the most recent Fed speeches and interviews. However, I also thought that now would be an ideal time to give y’all an economic roundup as well.
Read MoreNot much on the docket for today’s morning London forex session, but there was price action aplenty as forex traders turned mainly to risk sentiment and commodities for direction.
Read MoreYou may not have noticed, but the BOE’s monetary policy decision was actually one of the highlights of economic releases this week. Did you miss any of the good points that the central bank had discussed?
Read MoreForex price action was as exciting as watching paint dry, as a lack of catalysts kept traders in the sidelines. Here’s what happened in the last few hours.
Read MoreUncle Sam’s data dump turned out mostly weaker than expected, dampening Fed rate hike hopes once more. Here’s how it all turned out.
Read MoreThe spotlight was on the pound during the morning London session, thanks to the BOE’s MPC statement. And it turns out that MPC officials still have an easing bias, which is probably why the pound got slapped lower against its peers.
Read MoreWith the FOMC statement coming up next week and the Fed communications blackout currently in force, I thought that now would be a very good time to give y’all an updated roundup of recent Fed speeches and interviews.
Read MoreRisk aversion was the name of the game during the Asian session, as forex traders priced in weaker-than-expected data and central bank speculations.
Read MoreAfter getting a bit of bad rep from price-rigging scandals, HFT firms are starting to ramp up their activity in the forex arena. Is this a good or bad thing?
Read MoreYou win some, you lose some! The Greenback had another off day as it returned some of its recent gains in the absence of top-tier U.S. data.
Read MoreThere were some rather wonky price action during today’s morning London session, since the safe-havens were in demand despite the rally in both commodities and European equities.
Read MoreAction is the foundational key to all success.Pablo Picasso