Market News

The lack of top-tier economic releases during the U.S. session left forex traders to take their cues mostly from commodity prices and market sentiment once more, and it looks like the risk-off vibes are back!

Today’s morning London forex session was a bit subdued, with many currency pairs essentially range-bound. Still, the return of risk-aversion during the session was more than enough to influence overall directional movement.

Forex bulls caught a break thanks to a bit of risk appetite. Watch out for these issues though, as they could set currencies back on their bearish path.

Forex traders started their week on a positive note, thanks to rising commodity prices and an extension of risk appetite trading in the equities markets.

Risk-takers, unite! Forex traders didn’t show much love for the safe-haven currencies towards the end of the week, thanks to the strong rebound in oil prices.

Hello, forex friends! Oil finally had a major rally after several weeks of declines. And since the latest inflation numbers for most of the major economies are out, I decided to take a look if oil prices are still weighing-in on most of the major economies.

This forex trading week was all about the Loonie’s total domination. The Aussie was in demand as well while the safe-havens were in retreat, together with the low-yielding euro. Time to take a look at what was driving forex price action this week!

Oil continued surging higher during the morning London forex session, so European forex traders hopped aboard the Loonie train. In addition, forex traders also looked to risk sentiment for overall direction.

We have two central banks that have decided against policy changes but have caused ruckus on the forex market nonetheless. What’s up with that?!

A mixed trading session for the major currencies, as forex traders extended yesterday’s themes and priced in upcoming economic releases.

Hints of further easing from ECB head honcho Draghi were positively welcomed by investors, allowing risk appetite to drive forex market flows in the U.S. session.

The currency acted well today on news the Bank of Canada is to leave rates unchanged and adding the economy isn’t doing that badly.

The ECB kept rates on hold as expected, so most euro pairs remained range-bound during the morning London forex session. Other currency pairs were on the move, though.

The Loonie’s forex price action after the BOC rate decision was pretty fun, but the fun on the Loonie train may not be over yet since we’ve got two top-tier economic reports coming our way this Friday.

It was a topsy-turvy day for Asian session forex traders, as risk appetite petered out and encouraged intraday reversals.

If you’re interested in using a VPS to access your forex trading terminal remotely, here’s a quick guide for a basic low-cost setup.

Is risk appetite back on? Higher-yielding currencies advanced against their forex rivals, with the Loonie ending its losing streak to the U.S. dollar. Here’s why.

Forex price action during today’s morning London trading session was pretty choppy. There was a lot of volatility, but there was little in terms of directional movement, with most currency pairs trading sideways.

What’s up, forex friends? The BOC ain’t the only one with a monetary policy huddle this week since the ECB is gonna have a little meeting, too. So, what should forex traders focus on, and what can they we from the ECB?

Risk aversion was the name of the game during the Asian session, as forex traders priced in weak data and new lows for oil prices.