Market News

Australia and New Zealand are on banking holidays today, but that didn’t stop Asian session forex traders from getting pips across the board.

Yen pairs soared across the forex charts, as traders were eager to price in their expectations for additional BOJ easing, while the Greenback stayed supported by risk-off flows.

Hey there, forex friends! We’ve got another FOMC statement coming up this Wednesday, so I thought that now will be a good time as any to give y’all a snapshot of how the U.S. economy is doing recently.

The trading week has come and gone. And this week, yen weakness was the main theme, although we’ve also got pound and Loonie strength, as well as Swissy weakness as secondary themes. So, what was driving forex price action this week?

Only the ECB released its monetary policy decision this week, but that didn’t stop the RBA, BOC, and BOE Presidents from sharing their two cents! What did the central bankers have to say anyway?

It was a topsy-turvy day for the major currencies, as forex traders extended the U.S. session themes and priced in changes in oil prices.

The Greenback chalked up back-to-back winning days, as risk aversion extended its stay on weaker oil prices. Here’s how it all went down.

The ECB maintained its monetary policy, but volatility remained subdued as forex traders waited for the ECB press conference. That didn’t stop the euro from climbing higher, though.

The Loonie is currently the best performing currency of the week, and may even end up as this week’s champion, since it’s giving all its forex rivals the boot, thanks to the oil rally during the week. So, what’s driving oil higher after the Doha debacle?

A pretty mixed trading session for the major currencies, as a lack of forex catalysts turned investor attention to commodities and equities flows.

After a few days of losing ground to its peers, the U.S. dollar was able to make a slight comeback. Can it go for more gains?

Oil benchmarks were still down for the day, but they were able to recover some of their losses during the morning London session. This apparently also caused risk sentiment to improve, so the higher-yielding comdolls were able to slap the safe-havens lower.

What’s up, forex friends? Planning to trade the ECB’s monetary policy decision tomorrow? If you are and you need to get up to speed on what happened last time, as well as what can be expected for the upcoming event, then this Forex Preview can help you out.

Risk aversion was the name of the game during the Asian session, as forex traders priced in weaknesses in commodity prices.

Traders showed no love for the dollar yet again, moving more funds into higher-yielding commodity currencies. What’s up with that?!

Risk appetite returned to the European markets during today’s morning London session, so we got a rather lopsided battle between the higher-yielding currencies and the safe-havens.

News traders, huddle up! We’ve got the U.K. jobs report lined up for this week, which means it’s time for another edition of my Forex Trading Guide.

Risk appetite dominated the Asian session, as forex traders priced in a recovery in equities and oil prices. Here’s what happened in the last few hours!

The value of net long positions on the Greenback shrank to the lowest since January 2009, and the latest COT forex positioning report shows that the Greenback took even more ground from the pound while losing ground to everything else.

Weekend gaps were quickly filled when crude oil prices rebounded and boosted commodity currencies. Here’s what you need to know.