Monthly Economic Review: Australia
Forex traders were recently dumping the Aussie because of declining iron ore prices, U.S. dollar strength due to the FOMC statement, and weak Australian CPI. But what about the other fundamentals?
Read MoreForex traders were recently dumping the Aussie because of declining iron ore prices, U.S. dollar strength due to the FOMC statement, and weak Australian CPI. But what about the other fundamentals?
Read MoreLike Oil Here? Then you like CAD here. There are good reasons why oil prices go lower from here.
Read MoreFor this trading week, forex traders were dumping the Aussie dollar while buying up the pound. Find out why the Aussie was so weak and why the pound was able to give the Greenback (and the other currencies) a mighty good whupping. Yee-Haw!
Read MoreToday’s morning London forex session was another risk-off session, so the safe-haven currencies were able to give the higher-yielding currencies, particularly the comdolls, a good bashing.
Read MoreTold y’all the major central banks were ready to rock the forex market this week! After the FOMC party, the RBNZ and the BOJ showed off their dovish moves.
Read MoreYen forex traders were on edge in today’s Asian session, eagerly awaiting the BOJ monetary policy decision. Here’s how it turned out.
Read MoreAll’s fair in love and forex trading! The Greenback gave up pips to most of its major counterparts after traders priced in mixed data from Uncle Sam.
Read MoreToday’s morning London forex session was a rather active one, thanks to an outbreak of risk aversion that spurred demand for some of the low-yielding currencies while putting the squeeze on most of the higher-yielding ones.
Read MoreThe Fed has spoken! Did the U.S. central bank change its mind about hiking rates before the end of the year and what does it mean for the dollar’s forex trends?
Read MoreCommodity currencies were down in the dumps today, thanks to a dovish RBNZ statement and a couple of bleak reports from Australia. Here’s how forex pairs moved.
Read MoreIn response to increasing incidents of cyberattacks on forex brokers, U.S. financial regulator NFA decided to tighten cybersecurity rules for brokers in the country.
Read MoreForex traders saw a volatility party yesterday after both the Fed and the RBNZ dropped small bombshells on the markets.
Read MoreAfter a rather lively Asian session, volatility simmered down a bit when the morning London session rolled in, as forex traders hunkered down ahead of the FOMC statement. Still, a few currencies were clearly on the move.
Read MoreWhat’s up, forex friends? The U.S. is scheduled to print the advanced estimate for its Q3 GDP this Thursday (Oct. 29, 1:30 pm GMT). And if you’re planning to trade this event, make sure to keep these 3 things in mind.
Read MoreWeaker than expected inflation readings dragged the Australian currency down under, as forex junkies speculated that the RBA might soon revert to a very dovish stance.
Read MoreThe major currencies were deep in Chopsville yesterday, as forex traders priced in individual currency stories.
Read MoreThe spotlight was on the pound during today’s morning London forex session, thanks to the preliminary reading for Q3 GDP. How did it turn out and what was the pound’s reaction
Read MoreHeads up, forex traders! The upcoming monetary policy statements this week might contain a few surprises here and there. Here’s what to expect.
Read MoreRetreat, higher-yielders, retreat! Comdolls and Asian equity indices erased their previous day gains, as risk aversion popped its head back in the forex market.
Read MoreThe value of net long positions on the Greenback sank like a rock to a 15-month low, and the latest COT forex positioning report from the CFTC shows that the U.S. dollar was losing a lot of ground to all of its forex rivals, excepting the Aussie.
Read MoreThe person who says it cannot be done should not interrupt the person who is doing it.Chinese Proverb