Market News

The RBA already cut interest rates this month but do their policy meeting minutes suggest that another rate cut is in the cards? Here’s the lowdown on the report and what it could mean for AUD’s forex price action.

Aussie traders seemed to brush off the downbeat RBA minutes, as most forex market watchers have already heard all about it during the actual rate statement. No surprises there!

Dollar domination, baby! Thanks to a mix of minor forex market movers, the dollar clobbered its counterparts during the U.S. session.

While a bit livelier than the Asian session, today’s morning London session was still a snooze fest with most currencies milling about on limited volatility.

Canada’s economic performance usually follows in the footsteps of its next-door neighbor, Uncle Sam. Let’s take a look at the latest set of data from Canada to see what’s next for the Loonie’s forex trends.

Forex traders seemed to be sleeping in on a Monday, as price action was relatively subdued even with a few downbeat reports from Japan and Australia.

Hit by weak data again! Just when we thought forex traders are done punishing the dollar, a slew of weak data from Uncle Sam dragged the low-yielding currency against its counterparts.

Despite a near empty forex calendar, today’s morning London session was moving with two safe haven currencies in the spotlight: the Swissy & the Greenback!

When it comes to discussing U.S. dollar forex action, Fed interest rate hike expectations are right at the top of the list of potential trend drivers. Here are some clues from the latest set of economic data.

After yesterday’s stellar climb, the Fonterra announcement brought the Kiwi crashing back down against its forex rivals. What did the company say?!

Thin trading conditions and a lack of major market movers sent forex traders in different directions during the U.S. session.

We are seeing a dynamic relationship between German stocks, 2-year benchmark interest rates, and the currency—EUR/USD.

European currencies were making moves left and right with the euro, the Sterling, and the Swissy surging upwards in the morning London forex session.

If you’re trading the British pound and wondering what’s next for its forex trends, better read up on these takeaways from the Bank of England’s Inflation Report.

Fly, Kiwi, fly! Thanks to stronger than expected quarterly retail sales data, the New Zealand dollar was able to soar against its forex counterparts in today’s Asian trading session.

Dollar bears unite! Thanks to more disappointing data from Uncle Sam, forex traders once again punished the Greenback and sent it lower against its major counterparts.

Forex bulls went straight for the comdolls in the morning London session, dumping British pounds and euros after weak data and central bank commentary.

If you saw that recent RBA interest rate cut coming, then you’ve probably read my previous Monthly Economic Review on the Australian dollar. Let’s check out the next batch of reports to see what’s next for the Aussie’s forex price action.

For the nth time, RBNZ Governor Wheeler attempted to talk down the Kiwi, saying that the current forex level of the currency is unjustifiable and unsustainable.

Bond price action was the name of the game during the U.S. session as forex traders had no major economic data to price in.