Market News

Risk appetite took a step back, as yesterday’s mixed economic reports and updates caught up to the Asian session forex traders.

The Greenback slid slightly lower against most of its forex peers in the New York trading session but managed to advance against the Loonie. What’s up with that?!

The pound got slapped lower due to a poor retail sales report, dragging the euro lower with it, since the ECB decided to keep its powder dry for now. The euro’s fortunes may change depending on what ECB Draghi has to say in the presser for later, though.

Hi there, forex buddies! The RBNZ released its much-awaited economic update earlier today, sending the Kiwi tumbling against its peers. So what did it have to say?

Risk appetite was the name of the game during the Asian session, as details of Japan’s stimulus started circulating in the forex grapevine.

MetaQuotes unveiled the new ‘Time & Sales’ feature on its MT5 platform, which provides a real-time list of forex transactions. How can this help you understand the markets better?

The Greenback’s performance was as mixed as a bag of M&Ms since it advanced to the commodity currencies and Japanese yen but lagged behind its European counterparts.

Risk appetite returned during today’s morning London session, so the safe-haven yen got whipped. The pound, meanwhile, got a double boost from upbeat jobs data and a report from the BOE.

G’day, forex mates! If you missed yesterday’s July RBA meeting minutes or you just want the more important stuff that weren’t mentioned in the July RBA statement, then here are the 4 highlights that you need to keep in mind.

With barely any economic reports on the docket, forex traders turned to the Asian bourses for risk sentiment. Here are the major market movers of the session!

Risk aversion peeked back in the financial markets as commodity prices looked weaker and the IMF cut its growth forecasts once more.

Brexit-related reports and updates were weighing down on the pound during the morning London session, while the risk-off mood likely drove safe-haven flows to the Greenback. The Kiwi, meanwhile, was marching higher to the beat of its own drummer.

On Thursday the ECB is set to announce its policies for the month of July. Will it unleash more stimulus in the euro zone? Or will it follow the BOE’s footsteps and wait for more data?

Forex price action was as tight as my new pants, as a lack of major economic releases kept forex traders in the sidelines.

The value of net long bets on the Greenback jumped. And the latest COT forex positioning report from the CFTC shows that the Greenback took ground from the majority of its forex rivals but got pushed back by the comdolls, especially the Aussie.

Despite the lack of top-tier economic releases, the Greenback was able to rake in gains against some of its counterparts thanks to strong rallies in the U.S. equity market.

Today’s a Monday and the forex calendar for the session was practically empty, so price action was rather tight during today’s morning London session. There was good two-way action on pound pairs, though.

Think the Bank of England is bound to cut interest rates in August? These upcoming data releases from the U.K. could paint a clearer picture for your monetary policy expectations!

Ho-hum. With no major economic reports on tap and Japan’s markets out on a holiday, forex trading turned out to be a mixed bag of beans.

The pound, the yen, and the Kiwi were still in focus last week. But unlike the other week, the pound became this week’s main winner while the Kiwi and the yen became last week’s top losers. So, what caused this reversal of fortune?