Market News

Central bankers brought their A-game this week, setting off fireworks across the forex charts with their policy announcements. Did we see any shift in biases?

U.K. Super Thursday events continued to wreak havoc during the first part of the New York trading session while a bit of forex profit-taking took place just after halftime.

All eyes were on the pound during today’s morning London forex session, thanks to the so-called BOE Super Thursday. So what happened? How did the pound react? And were the other currencies just chillaxing the whole time?

Forex traders’ expectations are running high for the NFP release as it could seal the deal for a Fed liftoff. How might the dollar react under all this pressure?

A pretty thin trading environment for forex traders, as they only had central banker comments to process. Which currencies dominated the session?

After suffering a bit of a slump in September, forex trading volumes saw another weak month in October. What’s up with that?!

The Greenback skyrocketed against its forex counterparts when Fed head Janet Yellen grabbed the mic during the New York trading session. What in the world did she say?!

Price action was a bit wonky during today’s morning London forex session since the Swissy was winning out despite the prevailing risk-on sentiment while the high-yielding Kiwi and Aussie were on the retreat.

With both the US and Canada scheduled to release their jobs reports this Friday, I thought that now would be a good time for a Forex Trading Guide to help y’all out. For today, I’ll get you up to speed on Canada’s jobs report.

Japanese forex traders are back in the game and this time they’re buying up high-yielding currencies. Here are the major events during the Asian session.

I’m seeing red! Data from the U.S. economy came in mostly weaker than expected, yet the lower-yielding Greenback managed to advance against its forex peers.

Today’s morning London forex session was rather subdued, with most pairs bound in tight ranges or moving at a grinding pace. The Greenback, the Japanese yen, and the Loonie were noticeably restless, though.

Can’t get enough of top-tier forex events? We’ve got another big one comin’ up from the U.K. as the BOE is gearing up for its Super Thursday fireworks.

Forex trading was thin during the Asian session, as a lack of major reports and a Japanese holiday focused investor attention to the RBA’s decision.

The latest COT forex positioning report from the CFTC shows that the U.S. dollar was still losing a lot of ground to most of its forex rivals, but it also managed to score major victories over the euro and the yen.

Consolidation was the name of the game for most dollar pairs, as most forex traders are still figuring out how to cast their bets ahead of this week’s NFP release.

Ho-hum. Today’s morning London forex session was rather slow, with most pairs milling about in tight ranges or showing some volatility but little direction. The only real movers were the explosive pound and the slow-yet-steady Kiwi.

Central bank events might rock the forex market again this week, with the RBA ready to get the ball rolling tomorrow. Will they cut rates or won’t they?

Forex price action started the trading month with mixed results, as traders priced in economic reports and central banker statements over the weekend.

What a disappointing day for dollar bulls! The U.S. currency was forced to return its recent forex wins when economic data came in mostly below expectations.