Market News

Price action was rather choppy during today’s morning London forex session, and volatility was relatively subdued when compared to the earlier sessions. Nevertheless, we got some directional movement from Kiwi, Greenback, and pound pairs.

Just when most forex market watchers were playing it safe ahead of a potentially cautious Fed statement, Yellen and her FOMC gang went for the unexpected.

Asian session forex traders showed some love for the dollar, as they priced in the Fed’s recent interest rate hike.

This one’s for the books, forex fellas! The Fed officially became the first major central bank to raise rates after the financial recession. Here’s how dollar pairs reacted.

Today’s morning London forex session was rather subdued since forex traders were probably bracing for the (probable) Fed rate hike. Most currency pairs were trading sideways, but pound, yen, and Greenback pairs were an exception.

Greetings, forex friends! If you’re looking for a likely catalyst after the FOMC frenzy is over, then your best bet is New Zealand’s upcoming Q3 GDP report. And lucky you since I’ve got this here Forex Trading Guide to help ya get up to speed.

Volatility was as tight as my holiday pants, as forex traders gear up for today’s monster economic report releases.

And the Greenback is at it again! Fed liftoff expectations for tomorrow’s FOMC announcement and upbeat data from the U.S. economy allowed the dollar to advance against its forex counterparts.

Risk appetite came back in force during today’s morning London forex session while oil continued its climb, so the safe-havens and the low-yielding euro got pushed back, particularly by the Loonie and the pound.

The dollar gave up pips, as improvement in risk sentiment got mixed in with forex traders squaring their positions ahead of this week’s Fed event.

If you’re looking for other non-FOMC forex market events to trade this week, you might wanna consider the U.K. jobs release on December 16 10:30 am GMT. Here’s a quick trading guide for this report.

After getting a small dent last week, the value of net long positions on the Greenback lost a solid chunk. Also, the latest COT forex positioning report from the CFTC shows that the Greenback was pushed back by most of its forex rivals.

It was a relatively quiet trading day in the U.S. market, keeping volatility in check. Crude oil prices bounced, bringing a bit of risk appetite in the mix.

Today’s morning London forex session only had a couple of low-tier items on tap, but that didn’t mean a quiet trading session since forex traders turned once again to risk sentiment and slumping oil prices for direction.

Gather ’round, forex folks! Fed officials are set to have their last policymaking huddle for the year and market watchers are betting that they’re about to announce something big.

Risk aversion was the name of the game during the Asian session, as forex traders square some positions ahead of this week’s Fed event.

Forex market players squeezed in a few big moves before the closing bell on Friday, as some booked profits ahead of this week’s top-tier events.

G’day, forex mates! The Aussie was getting creamed recently because of a nasty bout of risk aversion and slumping iron ore prices. But what about Australia’s underlying fundamentals? Let’s take a look, shall we?

The forex trading week has come and gone, and the main theme for this trading week was Loonie weakness, with Aussie weakness as a secondary theme. So, what drove this trading week’s forex price action?

There were only low-tier economic reports and events during today’s morning London session, so forex traders turned once more to risk sentiment and commodities for direction.