Market News

Due to popular demand, I’ve decided to come up with another Global Inflation Update for y’all! What might these inflation trends mean for forex price action?

All eyes were fixed on the Aussie once more, as the currency made an impressive comeback in the forex market after Australia’s inflation readings were released.

It looks like this year ain’t shaping up to be a good sequel to the blockbuster “2014: Year of the Dollar” as the Greenback is having trouble sustaining its climb. Are the days of dollar domination over?

As you likely know for many years I’ve said the euro would do more harm than good as the collection of countries which embody the single currency regime was, and still is, not fertile ground for a viable common currency regime.

Forex price action was deep in Chopsville throughout the U.S. session, as a lack of data inspired directionless trading for the major currencies.

Forex volatility picked up in the morning London session, & it was another bad day for the euro on a potential move by the ECB to limit assistance to Greek banks.

While forex traders were still out enjoying the weekend, the PBoC decided to reduce its RRR by 1%. Is this a sign that their economy is in big trouble?

What a wipeout for the Aussie! The RBA minutes confirmed that further easing may be appropriate in the coming months, triggering a wave of forex weakness for AUD.

With no major data on the docket, forex traders turned to central banker speeches for direction. Which way did the major currencies go?

I’ve suspected for a while the NZ$, affectionately known as the Kiwi (with seems inappropriately named after a flight-less bird given how the currency has soared), has been overvalued against the US dollar.

No major forex catalysts, but we did see Asian moves in the comdolls carry over to European trade and the euro weakened, possibly on German inflation data.

Is Greece still likely to default on its debt and what might this mean for the euro’s forex price action? Here’s a quick update on how things are looking lately.

Aha! It’s about time the Chinese central bank admitted that their economy needs help and cut their RRR. How did forex pairs react?

Forex price action was a mixed bag of nuts during the U.S. session, as traders priced in economic reports and a bit of profit-taking.

The U.K. unemployment data was the headliner for what was an active forex market seeing both choppiness and direction going into the weekend.

Monetary policy biases play a very important role in determining longer-term forex price trends, with any changes in rhetoric usually yielding plenty of profit opportunities. Are we seeing this in the latest rate statements from the ECB and BOC?

Either there wasn’t much in terms of economic data or forex traders were busy geeking out on the new Star Wars VII trailer in the past few hours as price action was muted.

The sound of the dollar-doom promoters selling snake oil from their swill buckets is growing loud of late. The last time these perceptive purveyors of doom where this noisy were when the dollar was putting in a bottom back in 2008.

The dollar was once again the biggest loser in the forex scene, as weak U.S. data and a bit of profit-taking took over the markets.

Positive inflation data and raised growth forecasts spark big moves in the euro and Swiss franc to make for a very active London forex session.