Market News

Last Friday was a good day to be a dollar bull thanks to the NFP report and forex trader sentiment supporting the Greenback. Just how strong was the dollar rally anyway?

The euro and British pound both saw pain in the morning London session, likely a reaction from yesterday’s ECB announcement & flows into USD ahead of NFP.

In this European edition of the Central Banks Showdown, we’ll be focusing on the latest policy statements from the ECB and the BOE. Which central bank was more upbeat than the other this time?

Looks like forex traders are sittin’ tight ahead of the NFP! Dollar pairs barely budged in the past few hours but we did see a bit more volatility among the comdoll crosses.

What a day for forex traders! Thanks to some news reports, currency price action fired up during the U.S. trading session.

The forex market was mostly quiet in anticipation of the latest monetary policies from the BOE and ECB, both holding their respective policies as expected.

Even though the RBA and the BOC both decided to keep interest rates unchanged in their monetary policy statements this week, one central bank sounded way more dovish than the other. Which one is it?

Dollar bulls continued to charge across the forex charts in the past few hours when risk aversion extended its stay in the financial markets, and the upcoming events might spark even more volatility.

Geronimooo! Thanks to a slew of economic data, the dollar reigned supreme among its major counterparts during the U.S. forex trading session.

It’s an ugly sea of red among euro and pound pairs on weaker-than-expected services sector data in morning London forex trading session.

Aside from the major central bank statements lined up for this week, the upcoming U.S. non-farm payrolls release on Friday is set to rock the forex market as well. Can the U.S. can keep up its impressive streak of hiring gains?

The Aussie enjoyed a bit of volatility in today’s Asian trading session, as forex traders viewed Australia’s latest GDP report. Were there any surprises?

Thanks to a lack of major catalysts, forex price action was a mixed bag of nuts during the U.S. trading session.

And euro bears are back in the game! The shared currency chalked up a fresh batch of losses against its forex counterparts in the past few hours, despite stronger than expected economic data.

I know we usually focus on major central banks’ monetary policy biases in predicting longer-term price trends, but we also gotta zoom in on the PBOC’s surprise rate cut to see its implications on the forex market.

Nope, no rate cut this time! RBA policymakers decided to sit on their hands for now, as they kept interest rates on hold at 2.25% and allowed the Aussie to recover against its forex rivals.

The Greenback dominated the forex scene during the U.S. session despite a slew of weaker-than-expected U.S. data. What’s up with that?!

Thanks to a full calendar from Europe, we saw nice volatility in the forex markets including a rally in the euro on better-than-expected inflation and unemployment data.

Huddle up, forex fellas! We’ve got FOUR monetary policy statements lined up for this week, which means FOUR pip-tastic opportunities to trade the news. Talk about starting the brand new trading month with a bang!

So much for expecting a rebound from the world’s second largest economy! Forex traders reacted to the PBoC’s surprise rate cut and China’s official PMIs in today’s Asian session.