Market News

Forex trading was a mixed bag of nuts during the U.S. session, thanks to a lack of major reports on the docket.

Volatility got sapped during today’s morning London forex session, as the euphoria from the Chinese rate cut slowly got dampened by the return of risk aversion.

Surprise, surprise! The Chinese central bank decided to drop a bombshell on the forex market over the weekend by announcing several rate cuts.

Comdolls kicked off the trading week on a good note, as forex market participants seem hopeful that the Chinese rate cuts would have a positive impact on growth.

Dollar domination was the name of the game, as dovish moves from other major central banks brought back appetite for the Greenback.

The pound has been doing rather well against most of its forex rivals, and one factor keeping the pound afloat is the continued expectation of a 2016 rate hike. So, do the underlying fundamentals still support a potential rate hike.

The forex trading week has come and gone, and this week, the theme seems to be Greenback strength and euro weakness. So, what drove the price action for these currencies?

Most currency pairs were range-bound during today’s morning London forex session, with the Kiwi and the Japanese yen as the only clear movers. But the Aussie later joined the party, thanks to another surprise rate cut from China. Yippee Ki Yay!

Ha! Told y’all the ECB was bound to sound downbeat! Here’s a quick rundown of what happened and why the euro got beaten up by its forex rivals when Dovish Draghi grabbed the mic.

The euro had enough time to lick its wounds in today’s Asian trading session, as forex traders probably booked profits off some of their short positions. Gearing up for another bloodbath?

Forex volatility came alive yesterday, thanks to a couple of U.S. reports and a few surprises from the ECB.

The euro and the pound were in focus during today’s morning London forex session, thanks to a number of top-tier events. As for the other currencies, they were mostly in Rangeville, although the Swissy was a clear exception.

As expected, the BOC kept rates unchanged in their policy statement. But why did the Loonie fall so sharply against its forex counterparts after the announcement?

There wasn’t much going on in today’s Asian trading session, leaving forex traders to keep biting their nails ahead of today’s top-tier events. Here’s what’s in store.

Not even the hotshot financial institutions over at Wall Street were exempt from the road bumps last quarter. Were you able to outperform them?

Most of the major currencies were in Rangeville, as forex traders refrained from taking on positions ahead of this week’s major events.

Today’s morning London forex session was somewhat subdued, with some currencies imprisoned in relatively tight ranges while others had choppy forex price action. The only clear movers were the Kiwi and the Swissy.

What’s up, forex buddies? Are y’all lookin’ for a potential market mover for the pound? If you are, then you’re in luck since the U.K. retail sales report for September is coming out this Thursday, and I made a handy Forex Trading Guide just for it.

So much for a dairy sector rebound! Kiwi bulls had their hopes smashed by latest trade auction, leading to declines across the forex board.

The dollar gained pips against most of its counterparts, as forex traders priced in individual currency stories and a bit of risk aversion.