Market News

Dollar forex pairs seem to be having the pre-NFP jitters, but there were still a few good moves for the Japanese yen and currency crosses. Here’s what’s going on so far.

With only a couple of trading sessions left until the NFP report, it’s not surprising to see forex volatility take hits across the board.

Compared with the earlier Asian session, today’s morning London forex session was relatively subdued in terms of directional movement. The only clear exceptions were the Kiwi and the Swissy, although the Japanese yen later joined the party as well.

Nobody likes hearing the D-word these days but from the looks of the euro zone CPI estimates, deflation is back to haunt the region. What does this imply for ECB policy and the euro’s forex trends?

Talk about starting the new month with a bang! China and Japan unloaded a bunch of top-tier reports in today’s Asian trading session, and here’s how forex pairs reacted.

Forex price action was as mixed as a box of Lucky Charms, as market players traded on risk sentiment and end-of-quarter flows.

A lot of economic reports were released during today’s morning London forex session, but it seems like market sentiment was influencing price action for the most part.

Lo and behold, forex comrades! Another NFP Friday approaches beyond the horizon! Why not prepare yourself for battle by reading up on this edition of my Forex Trading Guide?

After taking it easy in the past couple of days, Asia and Oceania got back to the forex grind by releasing a bunch of economic reports today. Here’s the latest scoop.

Ho-hum. Thanks to a lack of market-moving data, the major currencies traded in tight ranges throughout the forex session.

Asian forex traders may have been a gloomy bunch, but European forex traders were certainly more optimistic since risk appetite came back.

After last week’s slew of speeches from Fed officials, forex junkies were treated to a fresh batch of testimonies from FOMC members early this week. Did we see any good clues for a liftoff this time?

No news is good news? Not this time. The lack of top-tier releases during the Asian session left forex traders to dwell on the gloom and doom in China.

The latest COT forex positioning report from the CFTC shows that the U.S. dollar had a mixed performance against its forex rivals, but the Greenback is still feeling the pressure since the value of net long positions slightly decreased.

Another mixed forex session for the dollar, which gained pips on the comdolls but lost against the euro, yen, and franc. What’s up with that?!

There wasn’t much on the docket for today’s London forex session, so forex traders turned to risk appetite, news reports, and the forex market’s inter-market relationships for direction.

Word through Wall Street is that the U.S. government is moving closer to a potential shutdown this week if Congress fails to pass legislation for additional funding. Will this affect the dollar’s action?

No data? No problem! Not even the lack of economic releases in the Asian trading session was enough to stop risk-off moves from taking place in the forex market.

Forex price action was mixed during the U.S. session, as a lack of major catalysts pushed the major currencies all over the charts.

New Zealand just recently released its trade data, and it was terrible. But why did forex traders send the Kiwi higher across the board rather than dump it? Is there something else in the underlying fundamentals? Well, time to find out!