Market News

Chinese equities were under the spotlight yet again during today’s morning London forex session. This time, market participants were overjoyed that Chinese equities were able to break their 5-day losing streak.

Heads up, forex traders! The Jackson Hole Summit is already going on, which means that our favorite central bankers and financial leaders are already discussing their economic outlook and potential policy changes.

It looks like risk appetite is slowly making its way back in the forex market, with major currencies gaining a bit of ground against the U.S. dollar and the Japanese yen.

Nasdaq is planning on getting a slice of the $5 trillion per day forex market pie by launching its own FX platform next year. How could this affect the industry?

Dollar traders brought their A-game yesterday, as the low-yielding currency made pips against its forex counterparts. Which currencies lost the most pips?

Today’s morning London forex session was a relatively quiet one, with most currency pairs contently milling about in tight ranges. The only real movers during the forex session were the euro and the pound.

As I noted in an earlier write-up, forex traders dumped the Loonie during Monday’s meltdown due to concerns over commodity prices. But what about Canada’s underlying fundamentals?

Did the PBOC interest rate cut do the trick? Chinese equities are looking better in today’s Asian trading session, convincing some forex junkies to take on more risk.

Forex price action was mixed during the U.S. session, thanks to a couple of news reports and a bit of profit-taking. Which currencies gained and which ones lost pips?

Despite another drop in the Shanghai composite index, Forex traders and other market participants had a change of heart during today’s morning London forex session since risk appetite was now the name of the game.

Talk about a manic Monday! If you thought that the financial market ruckus last week was bad enough, you should know that this week was off to a worse start. Which currencies managed to survive unscathed?

Retracement or reversal? After making strong forex moves, major currencies tried to take it easy in today’s Asian trading session.

The latest COT forex positioning report from the CFTC reveals that most of the U.S. dollar’s forex rivals were able to chip away at the Greenback’s dominant position. Do ya wanna know what caused the broad dollar weakness?

Forex market price action was relatively calm during the afternoon, though we did see a couple of heart rate-raising moves at the start of the U.S. session.

The forex calendar for today’s morning London forex session was literally empty, but that didn’t stop forex traders from pumping the market with large amounts of volatility.

Still wondering what led the forex market to twerk it like Miley lately? Look no further because I’ve summed up the factors that caused those crazy moves right here in this article.

And the bloodbath continues! After the gruesome selloff last Friday, equities continued to tumble in today’s Asian trading session, prompting risk-off moves in the forex market.

The Fear trade was ON like Donkey Kong on Friday, which means forex trades were getting out of the high-yielders and piling into the “safe haven” currencies.

The pound has remained relatively soft after the BOE held rates with a vote ratio of 8-1 instead of 7-2, but what do the underlying fundamentals say? Should forex traders keep dumping or avoiding the pound?

I think you know what I mean by the phrase “broken clock theorist.” If not, let me give you the short definition.