Market News

The Aussie suffered a heavy beating in today’s Asian forex trading session, thanks to a nasty one-two punch from China and gold prices. Here’s the damage.

Forex price action was as mixed as the Tay-Tay and Nicki Minaj’s Twitter war reactions, as traders took in news releases and did some profit-taking.

There were only a couple of items on the docket, but today’s morning London forex session saw a lot of volatility as European traders priced-in the most recent developments.

Monetary policy biases tend to play a huge role in long-term forex trends so I’ve decided to give y’all a rundown of which major central banks are feeling hawkish and which ones are in the dovish camp.

Even with the RBNZ’s decision to cut interest rates, Kiwi bears seemed hesitant to push the currency lower against its forex rivals and here’s why.

It was a bad trading session for the comdolls, as they were hit with a one-two punch of dovish central bank comments and lower commodity prices.

The spotlight was on the BOE MPC meeting minutes during today’s morning London forex session, so pound pairs were naturally on the move while the other currency pairs just chillaxed in tight ranges.

I’m not done yet, boys and girls! Canada is also expected to release its retail sales data on Thursday, so I recommend that ya also check out this edition of my Forex Trading Guide.

What a wipeout for the Aussie! Even though Australia’s quarterly CPI came close to expectations, rate cut hints from RBA Governor Stevens pushed the lower against its forex peers.

Geronimoooo!!! Forex volatility hunters partied in the streets as the dollar fell across the board. What’s up with that?!

I realize it’s not fair to pile on, but there is a certain joy one experiences when the blather from the cocky prognosticators of dollar doom and gold love are proven so utterly wrong by Mister Market.

Economic data was in short supply during today’s morning London forex session, but that didn’t seem to affect volatility since almost all currency pairs were on the move.

News traders, huddle up! Aside from the central bank events you can trade this week, we’ve got another potential forex catalyst in the form of the U.K. retail sales release. Here’s my simple trading guide for this event.

Aussie pairs hogged the forex spotlight in today’s Asian trading session after the RBA released the minutes of their latest policy meeting. Here’s what the central bank officials discussed.

The CFTC COT forex positioning report reveals that the U.S. dollar is still going strong, with net longs rising for the third consecutive week. Here’s how the rest of the major currencies are looking.

With no major market mover in the forex markets, the major currencies got stuck in tight intraday ranges.

The market was rather subdued during today’s morning London forex session, with most currency pairs imprisoned in tight ranges. The only real mover was the pound and it was noticeably weak.

Whether you’re a scalper looking to take advantage of additional forex volatility or a swing trader riding on longer-term trends, y’all should pay close attention to this week’s central bank events.

Since there were no top-tier reports lined up and Japanese banks were closed for the holiday, forex traders were able to pay closer attention to China’s gold reserves data and its impact on commodity prices. Here’s what happened.

Ho-hum. The major currency pairs barely moved from their session open prices, as forex traders turned their focus on commodities.