Market News

Manic Monday? Quite the contrary! Forex pairs were off to a slow start this week since traders are probably holding out for the bigger catalysts later on.

Forex trading lacked a common theme during the U.S. session, as traders priced in mixed U.S. reports and took profits ahead of the weekend.

What’s up forex friends? Ready for another round of my awesome jobs data roundup? I bet ya are! After all, winning forex traders are always updated on the latest market data.

The health of an economy’s labor market has far-reaching effects on the entire economy, which is why winning forex traders always do their best to stay updated. Here’s the first part of my Global Jobs Roundup.

Today’s morning London forex session was relatively subdued ahead of top-tier Canadian and U.S. data for later. But as always, there were a few currencies that just couldn’t resist being under the spotlight.

Gold and oil prices have recently tumbled to multi-year lows, prompting speculations of another global inflationary slump. How are the commodity-forex correlations holding up?

After three consecutive days of yuan devaluation, the Chinese central bank decided to hold off any forex adjustments today. How did currency pairs react?

The dollar’s forex price action was a mixed bag of beans despite a better-than-expected U.S. retail sales report. What’s up with that?!

Chinese leaders made a big mistake. They trusted the forecasts of Western economists who assured them, at least implicitly, growth would rebound sharply after the 2007-2008 Credit Crunch as the big guns of monetary and fiscal policy were switched to auto-fire.

China’s assurances that the yuan does not need to fall further caused risk appetite to come back with a vengeance during today’s morning London forex session, but forex price action remained rather subdued.

Market watchers can’t stop buzzing about the PBOC’s aggressive efforts to devalue the yuan this week. What do these moves imply for the forex market?

It’s Day Three of the Chinese central bank’s yuan devaluation saga, and it seems like forex traders are getting tired of these announcements.

The Chinese central bank’s yuan devaluation announcements brought jitters to forex industry members still reeling from the SNB shocker in January. Are brokers affected?

Geronimoooo!!! The dollar fell against its major forex counterparts yesterday after the PBoC performed a back-to-back devaluation of the yuan.

The news concerning China’s decision to devalue its currency could have broad implications for the global economy.

Today was an explosive morning London forex session, with practically all currency pairs on the move. Lemme give y’all the lowdown on the main movers.

Middle-Earth, uh, I meant New Zealand, is gonna release its quarterly retail sales this Friday. If you plan to trade this event, make sure to check out this edition of my Forex Trading Guide.

So much for a one-time move! PBOC officials were at it again today, announcing further yuan forex devaluation against the U.S. dollar. Here’s how currency pairs reacted.

The dollar was king of pips during yesterday’s U.S. session trading, as forex traders priced in a bit of risk aversion in the markets.

Price action was rather choppy during today’s morning London forex session, but the euro knew exactly where it was going – up. Do ya wanna know what happened?