Market News

Did the ECB’s stimulus have positive effects on the euro zone? Here’s a quick look at the region’s indicators for the answers!

Forex price action saw tight ranges across the board, as a lack of economic reports convinced traders to stay in the sidelines ahead of major U.S. events.

Today’s short story starts with China’s investment overhang…or malinvestment for lack of a better term…

All green! Economic data from the U.S. came in mostly stronger than expected, but the Greenback failed to take advantage of it. Here’s why.

The pound got slapped lower across the board during today’s morning London session, thanks to a bunch of disappointing economic reports. Meanwhile, the comdolls got a bullish boost due to another round of rallying commodity prices.

If you missed out on what the BOC said yesterday, or if you’re wondering why the Loonie had such a major reaction, then here are four key points from the May BOC policy decision and press statement that you have to know about.

Forex price action was a mixed bag of nuts, as profit-taking got mixed in with a bit of risk appetite. Here’s what the traders are looking at.

The Loonie was the start of the show, as it got a boost from the BOC interest rate decision and the drop in crude oil inventories. Here’s what happened.

Forex price action during the morning London session was determined by commodities and risk sentiment for the most part. Although the pound also got a bullish boost due to lower odds of a Brexit.

If you’re wondering what was driving the pound higher on Tuesday, then the title already says it all. But if you want the juicy details, as well as tips on how to acquire free up-to-date information on Brexit-related polls, then this write-up is just for you.

Risk-taking was the name of the game during the Asian session, as forex traders priced in optimism from the U.S. session as well as other news from the major economies.

Improved risk appetite forced the safe-haven dollar to return some of its recent wins but it still managed to close higher against the euro and yen.

Risk sentiment was still the main driving force for forex price action during today’s morning London session, but there was also some wonky price action, namely from the pound and the Aussie.

If you’re looking for a top-tier event to play this week, we’ve got the Bank of Canada interest rate decision scheduled on Wednesday’s U.S. session. Here’s a simple trading guide on how to make pips from this announcement.

Ho-hum. Thanks to a lack of major economic reports, Asian session forex traders took their cues from the U.S. markets as well as the RBA Governor’s latest speech.

The value of net bearish bets on the Greenback got slashed for the second straight week. And the latest COT forex positioning report from the CFTC shows that the Greenback was able to push back against all its forex rivals, especially the Aussie dollar.

The Greenback’s performance was as mixed as a bag of M&Ms when it strengthened against the comdolls and European currencies but gave up ground to the yen.

Looks like forex price action during Monday’s morning London session was being driven by risk sentiment. And since risk aversion was the dominant sentiment, the safe-haven currencies ended up using the higher-yielding comdolls to mop the floor.

Was the RBNZ right to cut its rates in March? Let’s revisit New Zealand’s main indicators to see just how much the external factors have affected its economy.

The Greenback started the day on a weak footing, as profit-taking from last week’s moves dominated the Asian forex trading session.