Market News

Forex traders sold off the Loonie almost immediately after the BOC lowered the benchmark rate from 0.75% to 0.50%. So how is Canada’s economy doing these days?

Fed Chairperson Janet Yellen is still rather optimistic on the U.S. economy, but what do the most recent data imply? Do the figures support further forex gains for the dollar?

With a forex calendar devoid of economic reports, most currency pairs saw limited volatility during today’s morning London session. Some pairs, though, were driven by previous events and market sentiment.

Now that Greece is moving closer to securing a new set of bailout funds, does this mean that the euro can recover against its forex rivals?

Is risk appetite back on or are sellers just taking a break? Higher-yielding currencies are taking advantage of today’s relatively calm Asian trading session to patch up their recent forex wounds.

The dollar’s price action was a mixed bag of nuts as forex traders bought some high-yielding currencies amidst a round of risk appetite.

Today was another quiet morning London forex session, with most currency pairs happily milling about in tight ranges. The only breakers of the peace were the euro and the Aussie.

Newsflash! In their rate statement this week, the Bank of Canada cut interest rates for the second time this year. What could this mean for the Loonie’s forex action?

Retreat, Kiwi bulls, retreat! New Zealand just printed a set of weaker-than-expected figures, spurring a bloodbath among Kiwi forex pairs.

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The dollar was once again king of pips in yesterday’s U.S. session, as forex traders priced in Yellen’s hawkishness and bearish news from the other major economies.

All was calm in the forex front as the the market geared up for the upcoming forex session’s massive data and news blitz. The only noticeable mover was the euro, although it didn’t really move that much.

Is the BOE really ready to hike interest rates, too? Let’s see if the latest economic reports support this hawkish bias and what it could mean for the pound’s forex price action.

Surf’s up, mates! Aussie forex pairs caught a strong bullish wave today, thanks to improvements in Australia’s economic data and stronger-than-expected figures from China.

Major currency pairs were all over the charts, as forex traders priced in weak U.S. data and a bit of risk aversion.

A lot of of data points were released during today’s morning London forex session, but they didn’t seem to affect the markets much. Find out which currencies were on the move and what moved them.

Do y’all need another news report to trade? Then check out today’s Forex Trading Guide for June’s U.K. jobs report.

The Aussie managed to take a break from its recent forex selloff, thanks to an improvement in business confidence for June. Has risk appetite picked up as well?

The latest Commitments of Traders forex positioning report from the CFTC reveals that the U.S. dollar is still grinding higher while comdolls and the pound attracted more bears.

Up, up, and…nope. Risk aversion moved the major currencies around during the U.S. session, as forex traders digested what the new deal for Greece actually meant.