Market News

With no major reports lined up in today’s Asian trading session and with Japanese bankers out on a long holiday, forex traders must’ve changed the channel to tune in to the Emmys instead.

And the dollar strikes back! There wasn’t any major report on deck, but the Greenback turned out to be a clear winner against most of its major forex counterparts.

What is up, forex buddies? After yesterday’s write-up on the latest monetary policy statement from the SNB, I just realized that it’s been a while since I last made an economic round-up for Switzerland, so I made one today.

Greetings, forex friends! Now that the BOJ and the SNB have both released their respective statements, let’s see what they had to say, shall we?

With a practically empty forex calendar for today’s morning London trading session, forex traders turned to market sentiment and the previous events for direction instead.

In their FOMC statement this week, Fed officials decided to keep interest rates unchanged, triggering a sharp USD selloff. Does this mean that the dollar is in for a longer-term decline?

It looks like dollar bears weren’t in the mood for an afterparty! The U.S. currency managed to recoup some of its recent forex losses in the past few hours following the Fed’s decision to keep rates unchanged.

Geronimoooooo!!! The dollar was sold across the board, as forex traders priced in a no-rate hike decision and continued dovishness from the Fed.

Despite the FOMC’s decision and statement looming ever closer, all was not calm in the forex front during today’s morning London forex session since most currency pairs were actually on the move.

If you’re looking for another news event to trade before the end of the week, you might wanna tune in to Canada’s CPI release in tomorrow’s U.S. session. Here’s my Forex Trading Guide for this report.

Is this the calm before the storm? The U.S. dollar is treading carefully ahead of the FOMC statement, but we still have a couple of market-movers in the next few hours.

Think forex traders will shy away from big moves ahead of the FOMC statement? Think again! Check out the biggest movers during the U.S. trading session.

Forex traders had their sights on the pound since the U.K. jobs report for August was the only top-tier item that came out during today’s morning London forex session. So, wanna know how the report turned out?

Did y’all catch that surge in volatility after the U.K. jobs report came out? If not, worry not, because we still have the U.K. retail sales report coming up, and I even made y’all another handy-dandy Forex Trading Guide for it.

After making big moves across the charts in the previous trading sessions, forex pairs decided to take it easy in the past few hours and sit tight ahead of top-tier catalysts.

Weak headline U.S. data led to dollar strength? What’s up with that?! Read on to see why forex traders decided to buy the Greenback despite weak U.S. reports.

There were a ton of data during today’s morning London forex session, but directional movement and volatility were both disappointingly in short supply. In fact, the only clear mover was the Kiwi.

Aside from the central bank events scheduled this week, we’ve also got a bunch of top-tier U.K. economic data lined up. For this edition of my Forex Trading Guide, I’ll be zooming in on the August employment report.

And the central bank showdown has begun! The RBA and the BOJ got the ball rolling in today’s Asian trading session, spurring moves among Aussie and yen forex pairs.

The latest Commitments of Traders forex positioning report from the CFTC shows that the U.S. dollar had a mixed performance again, but the value of net long positions on the Greenback saw a slight increase.