Market News

Will the British pound get a chance to redeem itself against its forex peers during the release of the U.K. jobs report? Or is it in for another disappointment? Here’s my Forex Trading Guide for the event.

Surprise, surprise! Folks over at the Chinese central bank decided to adjust its yuan forex range against the dollar lower by almost 2% in what it claims to be a “one-off” move.

The latest Commitments of Traders forex positioning report from the CFTC reveals that the U.S. dollar is the one currency to rule them all, but it looks like a challenger is about to appear. Wanna find out which one?

It was a bad day to be a dollar bull yesterday, as forex traders dropped the Greenback like a hot potato. With no major data printed, what could have weighed on the dollar?

Whereas last Friday’s morning London forex session saw little movement despite a ton of data, today’s morning London forex session was the complete opposite, with most currencies on the move despite an almost empty forex calendar.

And the numbers are out! Let’s take a closer look at the U.S. jobs figures for July to figure out what these imply for Fed policy and the dollar’s forex trends.

Yen forex traders tuned in to Japan’s data dump, which churned out mostly weaker than expected figures for July. How did the yen pairs react?

If you were looking to buy the dollar, then the post-NFP action must’ve been disappointing for you as the Fantastic Four movie was to… well, everyone. Here’s how forex traders reacted to the report!

What’s up, forex friends? Do y’all need another major update? Of course you do! This time, I have a manufacturing PMI roundup for most of the major economies.

China’s stock market meltdown sent jitters among Aussie and Kiwi forex traders, but is the underlying economy really doing that bad? Time to find out!

Lots of data, but little movement to show for it. Today’s morning London forex session was relatively subdued, probably because it’s another NFP Friday. NFP Friday!

Now that the dust has settled after the event-filled U.K. Super Thursday, let’s focus on the takeaways from the BOE’s announcements and what these could mean for the pound’s forex price action.

Look at the Aussie go! Thanks to a relatively upbeat Statement on Monetary Policy from the RBA, the Australian currency managed to regain ground against its forex counterparts.

Thanks to profit-taking and positioning ahead of today’s NFP report, forex traders lost some love for the Greenback. Read on to see what happened!

Most currency pairs decided to kick back and chillax as the spotlight turned to the pound during today’s morning London forex session, thanks to the simultaneous release of the BOE inflation report and the MPC meeting minutes.

Just when it seemed that the Kiwi was set to take flight, a slew of downbeat economic figures are threatening to spur another long-term forex selloff.

One would think that upbeat figures from Australia could allow the Aussie to advance against its forex rivals, but it looks like buyers are hesitating.

So much for that strong surge in forex volumes for June! Last month’s metrics from a few brokers and exchanges hinted that the industry might be in for a summer slowdown.

Dollar bulls unite! Thanks to strong reports from the U.S., forex traders once again had a field day buying the dollar. Which reports did it for them this time?

Despite a whole slew of data, the market was rather subdued during today’s morning London forex session. The only real mover was the appreciating pound, although the other high-yielders were grinding their way higher too.