Market News

The U.S. dollar’s forex performance was as mixed as the reviews for Coldplay’s Super Bowl 50 halftime show, as it gave up ground to the yen and euro but advanced against the pound and comdolls.

Not much on today’s morning London trading session calendar, but price action among various forex pairs had a very noticeable theme – risk aversion flows are back!

Employment numbers from the U.S. and Canada are out! Which report caused cheers and which one stirred concerns among forex traders?

Forex traders saw little action today, thanks to most of the Asian markets closed for the Chinese New Year holidays.

Weak jobs data? So what?! The Greenback managed to score big gains against its forex rivals on Friday, despite a downbeat January NFP report.

Despite the prevalence of risk aversion during the recent forex trading week, the Kiwi didn’t suffer as much as the other higher-yielding currencies. Are the underlying fundamentals supporting demand for the Kiwi perhaps? Time to find out!

The forex trading week has come and gone, and it looks like the Greenback, the Aussie, and the Loonie were getting the stuffing beaten out of ‘em, with the euro, the Swissy, and the Japanese yen doing most of the beating. So, what was driving forex price action this week?

It was mostly calm in the forex front as the the market hunkered down for the upcoming NFP report. Most currency pairs were milling about in tight ranges, but there was some noticeable demand for the Swissy and the Kiwi.

Were central bankers busy or what! In case you missed them, let’s review what the BOC, ECB, RBNZ, Fed, BOJ, and the BOE had to say and how they have affected forex price action.

Asian session forex traders had a re-run of yesterday’s price action, as they traded on risk aversion ahead of today’s major economic events.

Another down day for the dollar! The U.S. currency had trouble getting back on its feet since economic data came in mostly weaker than expected. Can it recover this NFP Friday?

All eyes were on the pound during today’s morning London forex session, thanks to the BOE Super Thursday. The pound wasn’t the only mover, however, since the safe-havens and comdolls were also battling it out in the background.

Ahoy, forex mateys! Another NFP Friday is fast approaching! And if you’re gonna trade this event and you need to get up to speed on what happened last time and what to expect, then this Forex Trading Guide is just for you.

It looks like this year was off to a good start in terms of forex activity, thanks to strong moves in the equities and commodities arena.

Profit-taking was the name of the forex game, as the Greenback recovered a few pips after being heavily sold off during the U.S. session.

Dollar bears, unite! Major currencies ganged up on the U.S. currency, forcing it to cough up its recent forex gains. What the heck just happened?

Risk appetite was making a comeback during today’s morning London forex session, so the higher-yielding comdolls were giving the safe-haven currencies their comeuppance. However, demand for the pound trumped them all.

Global equity indices have been tumbling since last year. Does that mean that we are finally in a bear market? And what’s a bear market anyway? Is that different from a correction? Well, time to get up to speed, young Padawan.

High-yielding currencies got triple roundhouse-kicked by forex traders today, as they priced in lower oil prices, weak economic reports, and dovish central banker statements.

Risk-off vibes seem to be creeping back in the forex market, as safe-haven currencies advanced while the comdolls lagged behind.