Market News

Forex price action was a mixed bag of nuts, as Asian session traders priced in economic reports and cautiousness ahead of today’s top-tier events.

Perhaps there’s some truth to the “Sell in May and go away” phenomenon as trading volumes slumped last month, but here’s why the headline figures weren’t all that bad.

Profit-taking was the name of the game during the U.S. trading session, with the Greenback reversing from its price action earlier in the day.

Risk aversion was the name of the game during the morning London session, although the pound also got kicked lower, probably because of poor data and a not-so-impressive Brexit-related poll.

Hello, forex friends! The last NFP report before the June FOMC meeting is gonna be released this Friday, so get ready by reading up on another edition of my Forex Preview because chances are very good that the Greenback will get a volatility infusion then.

With tons of economic reports rocking the boat, the major currencies were all over the place during the Asian forex trading session. Here are the major catalysts today!

It’s all about volatility, baby! The U.S. session was action-packed, thanks to the return of U.S. traders from their long weekend and a bunch of top-tier releases.

There was volatility aplenty, but forex price action was a bit wonky during today’s morning London session, probably because of month-end flows.

Yen bears have been painting the forex town red these days and it looks like they’re just getting the party started. Here are a few reasons why traders have been dumping the Japanese yen lately.

The Greenback gave back a couple more pips to its higher-yielding counterparts, as positive risk sentiment dominated the Asian forex trading session.

After six weeks, large speculators are now net bullish on the Greenback again. And the latest COT forex positioning report from the CFTC shows that the Greenback’s net gains in positioning were at the expense of the yen, the Aussie, and the euro.

With U.S. traders out on a Memorial Day holiday, forex market participants had a bit of profit-taking going on during the New York session.

Today’s a Monday and the U.K. market was closed for the day, so volatility wasn’t all that great during the morning London session. Most currency pairs were trading sideways, but there was some noticeable directional movement from pound and Greenback pairs.

Have you started looking for forex trades this week? If you haven’t yet, then let’s get your feet wet with these four catalysts that could cause volatility for the Aussie!

Asian session forex traders caught up to the dollar frenzy from last Friday, as they priced in a Fed rate hike and a strong session for the U.S. equities.

All eyes and ears were on Fed head Janet Yellen, as her remarks were responsible for dictating dollar price action on Friday’s New York session.

U.S. Fed Chairperson Janet Yellen was interviewed for a bit in Harvard back on Friday. What did she say exactly? And how did the Greenback react? Here are 5 highlights from Fed Chair Yellen’s interview that you need to keep in mind.

The pound continued to dominate its forex rivals, but the Loonie was in strong demand as well. The Kiwi, meanwhile, was the worst-performing currency of the week. So, what was driving forex price action?

If staying in the EU is so good for UK exports, why is it running a gaping current account deficit and ever-widening current account deficit?

There was nothing major on the docket, but there are top-tier U.S. events lined up for later, so volatility got sapped during today’s morning London session. Oil continued sliding, though, dragging the Loonie with it.