Market News

Volatility picked up across currencies, especially the pound after we saw positive UK manufacturing & industrial numbers in the morning London forex session.

What might China’s surprise interest rate cut mean for the global economy and forex price action? Here are a few things you need to know about the announcement.

The Australian dollar is putting up a really good fight against its forex rivals today, as the currency managed to draw support from strong housing data and positive remarks from credit rating agency Fitch.

With no major data out from the U.S., forex traders continued to price in trends from the earlier trading sessions.

With exception to the BOE meeting there was little in the way of major economic catalysts. But the forex market was moving, notably the pound making gains against broad pressure on the euro.

And the numbers are in! What could the latest U.S. employment figures mean for a potential Fed rate hike and the U.S. dollar’s forex price action?

Surprise, surprise! China decided to pull another ninja move on the forex markets by announcing an interest rate cut over the weekend, its third one in the last six months. How did the markets react?

NFP? More like NFPfft. Forex price action was pretty muted thanks to the “monster report” just missing investor expectations.

It looks like the morning London session was the calm before the storm, with most forex pairs locked in tight ranges and some ending the session flat.

Now that the U.K. general elections are over, let’s take a look at what the exit polls are showing and what the results might mean for the British pound’s forex price action.

Economic reports took the backseat in today’s Asian trading session, as forex traders were glued to the tube awaiting the U.K. election results. What’s going on so far?

The Greenback was king of pips during the U.S. forex trading session despite the release of mixed economic reports.

Forex traders stepped up the volatility in the morning London session, and it looks like risk aversion flows is the name of the game with multiple global concerns putting traders on edge.

Wondering if the Greenback is in for more heartbreak or if it could see better days ahead? The upcoming U.S. jobs release could have the answer, as it could give forex traders more clues on when the Fed might hike interest rates!

The Australian dollar wasn’t fooled by the downbeat headline jobs figures from the Land Down Under, as the currency advanced against its forex counterparts. Here’s how the numbers turned out.

Geronimooo!!! Forex traders dragged the dollar lower against its counterparts on weak U.S. jobs numbers and positive surprises from other major economies.

Proudly spending other people’s money with little in the way of accountability might be considered hubris by those of a more conservative bent.

We got positive services PMI data from both the U.K. & euro zone to kick up forex volatility, while the comdolls continued the down the paths started in the Asia session.

One glance at the freshly released New Zealand jobs report might lead you to think that another RBNZ interest rate cut is a done deal already but the underlying data says otherwise.

I’m seeing red! Thanks to New Zealand’s bleak headline jobs figures, forex traders started pricing in higher odds of an RBNZ interest rate cut in their next policy statement.