Market News

Risk appetite made a comeback during today’s morning London forex session, so the higher-yielding currencies were able to turn the tide of the forex battle and gave the safe-havens their comeuppance.

G’day, forex mates! Australia’s jobs report will be released tomorrow. And if you are plannin’ to trade this top-tier event and need a quick review on what happened last time, as well as what to expect, then this edition of my Forex Trading Guide is just for you.

It was a mixed trading session for forex traders, as bearish reports clashed with weaknesses in low-yielding currencies.

Consolidation is the name of the game for U.S. forex traders! Even though equity investors pushed for gains, higher-yielding currencies and commodities lagged behind.

Returning risk aversion during today’s morning London forex session meant a reversal of fortune for the safe-havens and the comdolls. The pound, meanwhile, was marching to the beat of a different drummer.

Is there an end in sight for the oil price slide? And what might this mean for forex market trends? Here are the latest updates you need to be aware of.

Risk-taking was the name of the game during the Asian session, as forex traders traded the increased possibilities of higher oil prices and central bank easing.

The value of net long positions on the Greenback dropped to the lowest in one-and-a-half years, and the latest COT forex positioning report from the CFTC shows that the Greenback lost some ground primarily to the euro and, more surprisingly, the Aussie.

U.S. traders were off enjoying the President’s Day holiday yesterday and there were no major reports from Uncle Sam, but that didn’t stop the major currencies from partying in the forex arena.

Not much on the docket for today’s morning London forex session, so risk-sentiment was once again in play. The risk-taking that greatly boosted other markets wasn’t as rampant in the forex market, however.

Another week, another chance at taking home pips! Here are 3 U.K.-related economic releases that can get you forex trade opportunities this week.

It was a good trading session for risk takers, as forex traders mostly shrugged off China’s weak trade data and still bought high-yielding currencies.

Thanks to upbeat retail sales data and a bit of profit-taking, the U.S. dollar was able to rebound against its forex counterparts on Friday.

The Greenback hasn’t been attracting a lot of forex traders recently, likely because of speculation that the Fed won’t be able to hike rates by March and beyond. But are the underlying fundamentals also scaring away forex traders? Time to find out!

The theme for this forex trading week was absolute domination by the Japanese yen, although the Swiss franc was in demand as well. Okay, time to see what was driving forex price action this week!

Price action was a bit more subdued than usual during today’s morning London forex session, but there was more than enough volatility and directional movement to keep the session interesting.

Thinking of trading the Loonie? Take a quick look at Canada’s main economic components and see if you can find any forex trade opportunities!

Profit-taking was the name of the game, as the low-yielding currencies gave up pips to the high-yielders during the forex trading session.

The lack of top-tier data in yesterday’s U.S. trading session wasn’t enough to stop the major currencies from showing off their moves in the forex dance floor, as headlines from the financial world made investors jittery.

Not much on the docket for today’s morning London forex session, but there was volatility aplenty since forex traders turned once again to European equities and overall risk sentiment for direction.