Market News

The RBA fires the first salvo! In case you missed it, we’ve listed down the five things you need to know about the central bank’s monetary policies for July.

Risk appetite took a turn during the Asian forex trading session despite the release of relatively better-than-expected economic reports. What’s up with that?!

Speculators pared their net bullish bets on the Greenback. And the latest Commitments of Traders forex positioning report from the CFTC shows that the Greenback was pushed back pretty much across the board.

Dollar pairs were also enjoying the Fourth of July holiday, cruising mostly sideways along the forex charts while U.S. traders were out watching the fireworks.

Volatility dried up during Monday’s morning London session, so price action was a bit choppy, with some pairs trading sideways and closing flat. The comdolls were clearly being supported, however, likely because of the continuing climb in commodity prices.

Traders are now turning their attention to how central banks are reacting to the Brexit. Here’s what to expect for this week’s RBA interest rate statement.

It was a good day to be a comdoll bull, as the currencies were boosted by increases in commodity prices. Here’s what’s up in the forex scene.

Another round of pounding for the pound was the main theme this week, but we also got Swissy and yen weakness as secondary themes as well as demand for the comdolls. So, what drove forex price action this week?

G’day, forex mates! Another RBA statement is heading our way this Tuesday, so get up to speed on how the Australian economy is faring by reading up on another edition of my Economic Snapshot.

Risk aversion ran away after a short stint yesterday, so the higher-yielding comdolls were in play during today’s morning London session. As for the pound, it was trading mostly sideways while the euro was mostly on the up and up.

Welcome to the second half of the year! Let’s take a quick look at the major economic themes that rocked the forex markets in Q2 2016 to complete your H1 2016 analyses!

Forex trading was a mixed bag of nuts, as data dumps from the Asian economies and a rise in commodity prices inspired currency-specific moves for the major pairs.

The U.S. dollar was slowly sliding lower against its forex peers until BOE Governor Carney stepped up to the podium and started talking stimulus.

Price action was a bit wonky during the morning London session since risk aversion seems to be returning, but the Aussie and the Kiwi were doing well while the pound and euro had some roller coaster price action. And this was likely because of month-end flows.

Hello there, forex friends! If you haven’t been paying attention to Brexit-related events lately, then here are some of the more important things that you need to know about.

The dollar strikes back! Brexit-related jitters trickled back to the markets after a round of profit-taking and risk-taking from the previous forex trading sessions.

Phew! It looks like forex brokers can breathe easy now that the EU referendum has come and gone. Here’s how the Brexit decision affected industry players.

Risk appetite extended its stay in the currency markets, boosted by hopes that the negotiations between the U.K. and EU might proceed smoothly.

Looks like risk appetite is here to stay, so the higher-yielding comdolls benefited a lot while the safe-havens got slapped lower during today’s morning London session. The pound, meanwhile, continued to trend higher.

Let’s step back from all this Brexit hubbub, shall we? Having said that, the RBNZ released its annual Statement of Intent detailing its objectives and what its focusing on earlier. What did it say? Will there be more rate cuts? Read on and find out!