Market News

The U.S. dollar chalked up a mixed forex performance for Cyber Monday, as it advanced to the euro and yen but gave up ground to the pound, franc, and commodity currencies.

Forex volatility picked up slightly in the morning London session thanks to a heavy economic calendar and strength in the Aussie & Kiwi.

G’day, forex mates! It’s gonna be a big week for the Aussie since there are FIVE major market events that could push the currency around. Take a look!

The Kiwi and the Aussie were the stars of today’s Asian forex session, thanks to optimistic reports that allowed them to shrug off the risk-off sentiment and score victories over their forex rivals.

Just as shopaholics were busy grabbing Black Friday doorbuster deals, forex traders also took advantage of bargain prices for dollar pairs, allowing the Greenback to cap off the week with a rally.

Konnichiwa, forex friends! BOJ officials didn’t offer any hints of further easing in their latest BOJ meeting minutes. So, how is Japan’s economy doing lately? And are there any hints as to why BOJ officials are just shrugging off calls for more easing?

The forex trading week has come and gone, and the main theme for this trading week was Swissy weakness, with Greenback and yen strength as well as pound weakness as minor themes. Let’s take a look at what drove forex price action, shall we?

Mostly quiet price action in the London forex session with exception to a quick move in the Swissy and a slight bias towards risk aversion.

In this second part of my central bank roundup, I’m covering those hanging around in the dovish camp. Better use these to figure out what’s next for forex trends!

Forex traders had their sights on the Japanese yen during today’s Asian forex session, thanks to a slew of Japanese economic indicators. Although risk sentiment seems to have been in play as well.

Dollar forex pairs were mostly in holiday mode, as U.S. traders were off enjoying Thanksgiving, but currency crosses still managed to make a few good moves.

Not much on the docket for today’s Asian session, so forex price action for most currency pairs were relatively subdued. The Aussie and the Kiwi were clearly on the move, however.

Since we’re seeing a few shifts in central bank biases these days, it’s about time for me to round up how their policy stance could affect forex trends. Take a look!

Mixed data, mixed performance! The U.S. dollar was all over the place in today’s New York forex session, as it functioned mostly as a counter currency and reacted to country-specific events.

Solid trends in today’s morning London forex session with one-sided moves throughout the majors, & little give back as we approach the U.S. open.

Greetings and salutations, forex buddies! The pound has been losing demand due to a less-hawkish BOE, a string of poor reports, and more recently, the prevalence of risk aversion. But what about the big picture? Let’s take a look, shall we?

The BOJ meeting minutes failed to deliver during today’s Asian forex session, so forex traders turned to commodities for direction instead.

The Greenback had a mixed forex performance today, making headway against the pound while giving up ground to the comdolls and the Japanese yen.

Lower-yielding currencies and higher-yielding ones fought it out during today’s morning London forex session. It was a lopsided battle, however, since the risk-off sentiment was clearly favoring the lower-yielding safe-havens.

Oil prices have been drifting near their yearly lows, causing oil-producing nations to worry about more declines. Any potential forex moves to watch out for?