Market News

Month-end flows and a bit of catching up dominated the forex newswires during the Asian session, and boosted the dollar and the yen across the board.

Heads up, yuan forex traders! The People’s Bank of China recently drafted a set of rules that could levy a Tobin tax on yuan positions in order to curb currency speculation.

The U.S. dollar made a rebound against its forex counterparts, boosted in part by slightly stronger than expected ADP jobs data.

Fed Head Yellen’s dovish tone from yesterday was being priced-in during today’s morning London forex session, resulting in a broad-based commodities rally and plenty of risk appetite that fueled demand for the higher-yielding currencies.

Unlike some of her FOMC buddies, Fed head Janet Yellen ain’t so eager to hike interest rates just yet so the U.S. currency was forced to return its recent forex gains.

Trading volatility was as tight as my pants during the Asian session, as a lack of catalysts forced forex traders to turn to yesterday’s events for direction.

The Greenback was in a weak spot against its forex trading rivals when Fed head honcho Janet Yellen reiterated her dovish bias, downplaying the hawkish vibes from other FOMC members’ speeches.

Forex price action during today’s morning London session was a bit wonky, as European market players came back to play after yesterday’s Easter Monday holiday and before Fed Head Yellen’s speech for later.

Now that the major central banks have hinted at their short-term biases, forex traders are turning to oil prices for volatility. Here are three things about the Black Crack that you need to know today.

The return of many Asian session traders from their holidays didn’t bode well for risk-taking, as forex traders bought the Greenback across the board. What’s up with that?!

The latest COT forex positioning report from the CFTC shows that there was a drastic increase in net bearish positioning on the pound after a very substantial decrease during the week ending on March 15, 2015.

We finally saw life in the forex markets after a mostly weak set of U.S. data and news hit the first U.S. trading session of the week!

The major European markets were closed for the day due to the Easter Monday holiday, so volatility got sapped during today’s morning London session. There was some directional movement, however, and forex traders were likely turning to risk sentiment for direction.

The Greenback gave its forex rivals the boot last week, thanks to hawkish comments from several Fed officials. So, who are these Fed officials and what exactly did they say? And while we’re at it, let’s take a look at the final estimate for U.S. Q4 2015 GDP as well.

The Greenback gained a few pips on its counterparts, as Asian forex traders priced in Uncle Sam’s latest GDP report.

Thanks to the latest revision to U.S. Q4 GDP, forex traders got to see a little bit of volatility during the holiday environment on Friday.

If you’re a longer term trend follower, and you trade the US dollar index using an exchange traded fund, or the listed futures contract, you may not be a happy camper.

We’ve been getting questions about the basic economic reports and how they can affect forex prices. Here’s a list of the ones that you should know about.

Q1 2016 is coming to an end, so let’s take sit back, relax, and take a look at some of the major themes that had a broad effect on price action in the forex market.

Forex volatility picked up a bit in the morning London session, mainly thanks to a slew of mixed data from the U.K., and Sterling’s reaction to it.