Market News

Asian session forex traders seemed to shrug off the news that Greece has officially defaulted on its IMF loan, as the focus shifted to business activity reports.

After net bullish USD bets were brought down to their lowest level in nearly a year the other week, the latest CFTC COT forex positioning report reveals that the dollar bulls are back and on the attack.

The dollar gained pips across the board as forex traders priced in U.S. reports and a bit of risk aversion. How did the other major currencies trade?

Despite the Greek drama and a slew of data, most currency pairs were imprisoned in tight ranges during the morning London forex session. The only exception to this was the Kiwi since it was weak across the board.

The NFP employment report is usually one of THE major market movers for the Greenback, so gear up because it’s time for another edition of my Forex Trading Guide.

The comdolls woke up on the wrong side of the forex bed, as today’s Asian trading session kicked off with a bunch of weaker-than-expected reports. Here’s what’s going on so far.

Forex price action was a mixed bag of nuts, as investors priced in their optimism and/or took profits ahead of Greece’s closely-watched debt deadline.

The morning London forex session was surprisingly subdued despite a whole slew of data. The only noticeable movers were the Swissy, the Loonie, and the euro.

Newswires in the forex world may be dominated by headlines on the Greek debt talks these days so I thought y’all should know that the Chinese central bank has been quietly making unprecedented moves.

Asian session forex traders woke up eager to price in the market happenings over the weekend, resulting to huge gaps for several currency pairs.

Risk aversion dictated forex price action during the U.S. trading session, as traders squared off their high-yielding bets ahead of the weekend.

What’s up, fellow forex traders? It’s time to get updated on the latest jobs data for the other major economies with the second part of my Global Jobs Update!

Prudent forex traders are always up-to-date when it comes to market information , so if you’ve been falling behind on the latest jobs releases, make sure to check out the first part of my Global Jobs Update.

Swiss Bank Chairman Thomas Jordan said today the Swiss franc is “considerably overvalued” and was concerned there may be a rush of funds into the franc if Greece were to leave the single currency regime.

With no meeting of the minds between Greece and its creditors, risk aversion was the name of the game during today’s morning London forex session.

Will the Bank of Japan be the next major central bank to end its easing cycle and shift to a less dovish stance? Let’s take a look at the latest set of economic figures from Japan to find out.

Asian session forex traders must’ve had a quick breakfast since they were off to an early start with economic releases from New Zealand and Japan. How did the reports turn out?

Forex price action was tight during yesterday’s U.S. session trading, as investors wait for new headlines concerning Greece.

The Australian dollar has fallen a long way from its high against the US dollar. And from a technical perspective may have done enough; at least it may be poised to “correct” higher in the near- to medium-term.

The rumor mills were busy churning out reports on the Greek drama during today’s morning London forex session, but the spotlight was not on the euro.