Market News

The Greenback refused to be outdone by its forex rivals in the latest New York session, as it rallied on the heels of upbeat data and risk aversion.

Today’s morning London session was relatively more subdued than usual, with some currency pairs trading sideways. The pound was clearly on the move, though. And the same can be said for the Loonie and the Swissy.

The BOE will announce its monetary policy decision as well as release its quarterly inflation report tomorrow. Will they decide to cut this time? Here are some things you should keep in mind if you’re planning on trading this event.

It was a tough trading session for the high-yielding currencies, as risk aversion dominated the forex trading scene. What were the major movers anyway?

Data from the U.S. economy came in mixed but the Greenback ended mostly lower against its forex counterparts. What’s that all about?

Risk aversion was the name of the game, so the safe-haven yen was in demand. Rallying commodities allowed some comdolls to just shrug off the gloomy risk sentiment, though.

So the RBA cut its interest rates to a new record low this month. What were the central bank’s concerns this time? More importantly, how did Aussie traders react to the news?

Thanks to a bit of risk appetite and mixed economic data, the higher-yielding currencies locked in a couple of pips against their lower-yielding counterparts.

The value of net long bets on the Greenback jumped higher during the week ending on July 26, 2016, which was the day before the disappointing FOMC statement. And the latest COT report reveals that the Greenback pushed back against most of its forex rivals, especially the euro.

Downbeat economic figures weren’t enough to stop the Greenback from rallying against its forex peers in the U.S. session as risk aversion seemed to be in play then.

The pound was kicked lower during the session, thanks to the U.K.’s downgraded manufacturing PMI reading. Meanwhile, risk aversion was the dominant risk sentiment, so the safe-havens were in demand throughout the session, including the U.S. dollar.

Heads up, Aussie traders! The Reserve Bank of Australia is scheduled to make its much-anticipated interest rate decision this week so I’ve rounded up a few things we could expect from this event.

Forex price action was a mixed bag of nuts, as today’s economic reports got mixed in with a bit of sentiment trading.

The main theme during the trading week was the yen’s total domination. As for secondary themes, we’ve got Kiwi strength and Greenback weakness.

If you don’t know yet for some reason, the U.S. economy only grew by 1.2% in Q2 2016, which is waaaay below the consensus of 2.6%, and so the Greenback dropped as a result. Why? What happened? Time to find out!

Price action was a bit chaotic during today’s morning London session, but just like yesterday’s European session, the Swissy and the Kiwi were clearly in demand yet again.

The BOJ’s decision provided the finale for this month’s central bank policy announcements. Did the event live up to the hype? Here are 5 things you need to know!

It was all about the yen during the Asian session, as pre and post-BOJ jitters sent the currency all over the forex charts. What exactly did Kuroda and his gang have to say?

The Greenback reigned supreme against its forex peers, closely trailed by its fellow lower-yielders, the Japanese yen and the Swiss franc. What’s going on?

Risk aversion was the name of the game during the morning London session, so the safe-havens got some buyers while the higher-yielding comdolls got whipped. Interestingly enough, the Swissy was the safe-haven of choice today.