Market News

Ho-hum. Today was another relatively quiet morning London forex session, with most currency pairs happily milling about in tight ranges. The only breaker of the peace was the pound, although the euro was somewhat misbehaving as well.

What’s up, forex friends? Did you know that the Loonie has been one of the strongest currencies year-to-date? So, what are some of the major factors driving the Loonie higher against its forex rivals? Time to find out!

Risk appetite was the name of the game during the Asian session, as forex traders priced in strong reports and extended yesterday’s risk rallies.

Risk on, baby! Stronger than expected economic data helped the higher-yielding currencies outpace their safe-haven forex peers in the past few hours.

Despite plenty of reports, forex price action during today’s morning London forex session was rather subdued, with most currency pairs trading sideways. The only real movers were Aussie and pound pairs, and their price action was actually rather wonky.

Can’t get enough of ’em top-tier forex catalysts for the Aussie? Well, we’ve got another big one coming our way with the Land Down Under’s Q4 GDP release.

Forex price action was a mixed bag of nuts, as Asian session traders priced in economic reports from Japan, Australia, and China.

The latest COT forex positioning report from the CFTC shows that the Greenback continued last week’s theme of losing ground across the board. In addition, the value of net long positions on the Greenback longs has been sliding non-stop for nine consecutive weeks now.

Dollar pairs were all over the place as country-specific data came into play and commodity currencies were in the mood for forex consolidation.

The euro was on the hot seat during Monday’s morning London forex session, thanks to very disappointing inflation readings for the euro zone.

The RBA is starting the brand spankin’ new forex trading month by printing its policy decision! What’s expected of the central bank this time around?

Whether it’s the lack of market-moving reports or forex players watching Leo win his first Oscar (Congrats, bud!) instead of trading, volatility was a dud during the Asian session. Here are the deets!

Dollar bulls, unite! Stronger than expected data, combined with a bit of risk aversion, pushed the U.S. currency higher against its forex rivals at the end of the week.

The dollar was sharply higher against the pack today (with CAD being the notable exception). Why? The big relative move in yield.

Greetings, forex friends! Pip Diddy noted that the euro was getting slapped around by most of its forex rivals. And if that made ya wonder how the euro zone’s underlying fundamentals are faring, then I’ve got your back.

It’s pretty much a given that pound weakness was gonna be this forex trading week’s main theme, but did you know that euro weakness and Loonie strength were major themes as well?

Price action was rather wonky during today’s morning London forex session, but there was enough volatility and directional movement to keep the trading session interesting.

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

The dollar was the biggest loser during the Asian session, as forex traders priced in a risk-friendly trading environment and a couple of bullish reports.

Is risk appetite back on? Higher-yielding currencies led by the Loonie advanced against their forex counterparts but the British pound still lagged far behind.