Market News

Forex trading was a mixed bag of nuts, as traders take profits and wait for the next catalyst for the major currencies

Currency pairs started picking up the pieces after the post-Brexit fallout, lifted by gains in equities and commodities. Will this last?

Risk appetite made a solid comeback during today’s morning London session, which also offered some much-needed respite to both the pound and the euro.

It’s only been days since Britain has voted to leave the EU, but Britain has already lost a Prime Minister, investors have lost millions in market losses, and the U.K.’s credit ratings have been downgraded. How have the major policymakers reacted so far?

Risk aversion took a step back during the Asian forex trading session, as supply threats in Norway boosted oil prices and fueled the profit-taking among the higher-yielding currencies.

The value of net bullish bets on the Greenback rebounded after a drastic drop last time. And the latest COT forex positioning report from the CFTC shows that the Greenback took ground from almost all of its forex rivals, but mainly the pound and the Loonie.

Risk-off vibes were still present in the financial markets as traders continued to react to the post-Brexit fallout. Here’s what you need to know.

The pound and the euro extended their losses during the morning London session. And despite attempts from UK Finance Minister Osborne to calm the markets, risk aversion prevailed, so the yen was in demand again.

Well, the Brits decided to leave. Those of us who prefer smaller government to bigger; prefer more liberty to less; prefer greater economic freedoms than fewer; prefer entrepreneurism to big business cronyism; and prefer sovereign nation states to supra-national authorities are very happy right now.

We’ve already discussed at length how the Brexit could affect the U.K. economy and GBP pairs so this time let’s take a look at the other party in this breakup: the EU and the euro.

A pretty quiet start to the week, as a lack of catalyst forced forex traders to stay in the sidelines.

Unless you were trapped in a cave somewhere, you probably already know that the UK voted in favor of a Brexit, which is obviously very bad for the pound. But were there other movers? If so, what was driving their forex price action?

The UK has voted to get out of the EU, so is the Brexit saga finally over? Well, as clichéd and corny as it may sound, the vote for a Brexit is just actually the beginning. So, what are the steps for an actual Brexit? And how long will it take? Read on to find out!

The European equities market was still reeling from the UK’s vote to get out of the EU, but things were beginning to settle down in the forex market, as some profit-taking took place. Is it finally over or is this just the calm before another storm?

The leaves have it! After months of twisting, pulling, and in some cases shouting, the “Leave” camp has claimed victory in today’s EU referendum. Here are four things you need to know!

What a day for the U.K. and the forex market players! Here’s what you need to know before you begin trading the London session.

Given that the aim of the European Union is to eliminate democracy by reversing the result, as perceived by the European Union, of the Second World War…

The latest U.S. trading session was filled with heart-stopping moments, as U.K. voters continued casting their votes and a few polling centers started to release their results.

Today is Brexit referendum day. And while markets tend to behave during major events, that was not the case today since betting odds favored a win for the “remain” camp, which caused a frenzy of risk-taking during the morning London session.

Let’s sit back and take stock on some of the major points that Fed Chairperson Yellen had made in two straight days of testimonies, shall we? Specifically, let’s take a look at Yellen’s views on the U.S. economy, the possibility of a Brexit, monetary policy, and the U.S. stock market.