Market News

If you’re looking for a likely catalyst that may give you an opportunity to pillage some pips from the Loonie, then look no further since Canada’s jobs report is coming out this Friday, and I just happen to have a Forex Preview for it.

Forex bulls came out to play today, thanks to recoveries in commodity prices and equities markets. How did your favorite currency fare?

Another day, another mixed performance! The U.S. dollar was all over the place, as the forex majors were driven by country-specific events.

There were a lot of economic reports during the morning London session, but forex price action was being influenced more by the risk-off sentiment. And quite naturally, the safe-havens were giving the higher-yielding currencies a severe beat-down.

The RBA maintained interest rates at 2.00% as expected but made significant changes to their official statement. Here’s what forex junkies like you and I need to know.

Risk aversion was the name of the game during the Asian session, as forex traders priced in weak economic data from Australia and New Zealand.

Net long positions on the U.S. dollar fell for the fourth consecutive week to a two-year low. Moreover, the latest COT forex positioning report from the CFTC shows that the Greenback got pushed back by its forex rivals, with the exception of the pound.

Is this the calm before the storm? The lack of top-tier data ushered in a quiet start to the forex trading week, with the dollar showing a mixed performance.

Forex price action was a bit wonky during Monday’s morning London session, but there was enough volatility and directional movement to keep the session interesting.

Tomorrow the RBA will release the opening salvo of the central banks’ monetary policy decisions this month. What can you expect from this forex event?

It was a see-saw day for forex traders, as a burst of risk appetite fizzled out on weaker economic data, lower oil prices, and a strong yen.

It was all about the NFP on last Friday’s U.S. trading session, as forex market watchers reconsidered the idea of a potential Fed hike in the coming months.

Hello, forex friends! The March NFP report is finally out, and it looked awesome (at least on the surface). The Greenback’s price action was a bit wonky, however, so its time to take a look at the details of the NFP report for clues.

The forex trading week has come and gone. And this week’s themes were Greenback and pound weakness, as well as Kiwi strength. So, what was driving forex price action this week?

Today’s another NFP Friday, so volatility was a bit more subdued than normal during today’s morning London forex session. However, currencies were clearly on the move, as forex traders turned mainly to market sentiment for direction.

Was the BOJ right to stand pat this month? Let’s take a look at Japan’s major forex indicators and see why the whispers of the “R” word are getting louder.

Risk aversion was the name of the game during the Asian session, as forex traders shrugged off China’s strong PMIs ahead of today’s NFP report.

The Greenback was off to a weak start during the U.S. session but was able to recover against its forex peers thanks to end-of-the-month profit-taking.

Forex price action was a bit choppy during today’s morning London session, with many currency pairs bound in tight ranges. The only clear movers were the Greenback and the yen, and they were both weak.

Hello, forex buddies! We’ve got another NFP Friday coming up, so if you’re planning to trade this event and you need to know what happened during the previous NFP report, as well as what’s expected for the upcoming NFP report, then this Forex Preview is just for you.