Market News

Risk-taking was the name of the game during the Asian session, as forex traders priced in better-than-expected reports from Australia and Japan.

Lower liquidity during the U.S. Veterans’ Day holiday wasn’t enough to stop currencies from busting their moves across the forex charts, thanks to European market events and oil price action.

Volatility dried up during Wednesday’s morning London forex session, probably because many European forex traders were away for Armistice Day. However, there was enough price action to keep the session interesting.

G’day, forex mates! Are ya lookin’ to trade another jobs report? Well, you’re in luck since Australia’s also scheduled to release its jobs report this Thursday, and I’ve got this here Forex Trading Guide to help get you up to speed.

The dollar continued to lose against its counterparts as Asian session traders squared off more long dollar trades ahead of China’s reports.

Weaker-than-expected medium-tier data from the U.S. economy kept the Greenback’s forex gains in check while the Kiwi got a bit of support from the RBNZ Financial Stability Report.

Price action during today’s morning London forex session was rather choppy due to a lack of top-tier items. Euro and yen pairs were clearly an exception, though.

Heads up, pound traders! The upcoming U.K. jobs release could be a major catalyst for forex price action mid-week so make sure you take note of these things to remember when trading the report.

Asian session trading was as exciting as watching water boil, as a lack of catalysts forced forex traders to trade tight ranges.

The latest COT forex positioning report from the CFTC shows that U.S. dollar bulls came back with a vengeance, with the euro getting the worse of it.

It wasn’t such a manic Monday for the majors, as U.S. forex traders still seem to be recovering from their post-NFP hangover. Here’s how price action turned out.

Monday’s morning London forex session was rather subdued, probably because there weren’t any top-tier reports or events during the session. That didn’t stop currency pairs from grinding along, however.

Canada has been churning out higher-than-expected headline jobs figures for the past five months but things don’t seem to look too good beneath the surface.

A little alliteration to punctuate a plausible picture of EUR/USD weekly…note the ongoing directional correlation between EUR/USD and the 2-year benchmark yield spread(blue line) in the chart below.

Profit-taking dictated forex price action in early Asian trading, as the Greenback lost pips despite bearish news from the markets.

Dollar domination was the name of the game during Friday’s U.S. forex trading session, thanks to stronger Fed liftoff speculations spurred by an upbeat NFP release.

Hello, forex friends! The numbers are finally in and the reports are out! Time to take a closer look at the jobs reports for the U.S. and New Zealand to see if they offer any juicy hints on the future direction of their respective economies and currencies.

The forex trading week has come and gone, and the theme for this trading week was US Dollar domination and Kiwi obliteration (with some pound weakness on the side). So, what drove forex price action?

All was calm in the forex front, as forex traders braced themselves for another NFP Friday. It wasn’t a complete lull, however, since the Loonie and the pound were apparently in play.

Trading volatility was thin during the Asian session, as forex traders gear up for today’s NFP report. So how did the major currencies trade?