Market News

If you’re thinking of grabbing pips during the Bank of Canada’s interest rate statement, make sure you take note of these factors first.

A pretty mixed session for forex traders, positive reports fuelled risk appetite while China’s equities got weighed down ahead of key releases.

The latest COT forex positioning report from the CFTC shows that the Greenback repeated last week’s performance by taking ground from the pound, while getting pushed back by its other forex rivals, with the euro pushing back the hardest.

There wasn’t much in the way of top-tier economic reports during the New York trading session, leaving traders to speculate about Fed action and the upcoming Doha meeting.

The forex calendar for Monday’s morning London session only had one mid-tier item on the docket, but there was a lot of action, as forex traders turned mainly to risk sentiment for direction.

We have lots of U.K. reports scheduled this week that could move the pound across the board. Let’s take a look at the CPI report and how you can catch pips from the event!

Forex traders started the week on a mixed note, as economic reports failed to produce a single economic theme throughout the session.

The Loonie was one of the biggest winners last Friday, thanks to crude oil price gains and upbeat Canadian jobs data.

Greetings, forex friends! The pound has been one of the weaker currencies recently, and with the MPC policy rate decision and statement coming up this Thursday, I thought that now would be a good time to do an economic roundup for the United Kingdom.

The forex trading week has come and gone, and this week was all was all about the Japanese yen’s total domination. So, what was fueling demand for the yen?

We had another very choppy morning London forex session today, with the Loonie being the only real mover. The pound’s also worth mentioning, though, since pound pairs had almost exactly the same forex price action.

One of the biggest forex stories this week is the yen’s rapid strength and the BOJ’s lack of actions over it. How long can yen crosses go before the central bank intervenes in the currency markets?

Asian session traders followed the footsteps of their U.S. session counterparts and continued selling higher-yielding currencies. Check out the winners and losers of the session!

Forex junkies weren’t in the mood to take on more risk, as central bank officials talked of currency intervention and more aggressive easing measures.

Price action during the morning London forex session was rather choppy, but it looks like forex traders were looking mainly to risk sentiment and commodities for direction.

What’s up, forex buddies? If you want to know the key highlights of the 25-page minutes of the March FOMC meeting, then this write-up is just for you!

The yen took center stage during the Asian forex trading session despite warnings from Japan’s Ministry of Finance. What’s up with that?!

The forex industry seemed unable to sustain its momentum after a strong start in January and a bit of levelling off last month. Take a look!

The Greenback weakened against its forex peers even though the FOMC minutes revealed that a couple of policymakers wanted to hike rates right there and then.

There were only low-tier items on the docket for today’s morning London forex session, but there was still plenty of volatility. Forex price action was kinda wonky, though.