Market News

There was no clear direction among major currencies last Friday, as forex investors closed shop for the week and the month.

Mixed priced action throughout the forex markets with a steady stream of euro data and Asia session data sentiment flowing into the London session.

While the BOJ highlighted the pickup in Japan’s export industry, the latest figures from the domestic economy paints a completely different picture. How bad are things on the home front?

Today’s Asian trading session was all about the data dump from Japan, as forex traders got a glimpse of worsening inflation and spending conditions in the country.

The U.S. trading session was a busy one for forex traders, as they priced in strong U.S. data and a couple of bullish statements from Fed officials.

Mixed directional movement in the forex markets this morning with the euro and Loonie lower against upticks in the Kiwi and Greenback.

Now that February is almost over, it’s time for us to have a quick rundown of the reports released so far this month. In this edition of my Monthly Economic Review, I’ll be focusing on the Australian dollar.

Not so fast, Aussie! The Australian dollar was forced to return some of its recent forex gains after the country printed a weaker than expected private capital expenditure report.

Risk-taking was the name of the game during the U.S. forex trading session, as investors priced in a couple of positive reports from other economies.

Comdolls hold onto their gains while the Greenback climbs out of the hole it was pushed into by Fed Chair Janet Yellen in the morning London forex session.

Fed head Janet Yellen sure knows how to play with forex traders’ feelings, doesn’t she? Here’s a summary of her testimony which sparked a sudden dollar selloff.

Way to go, China! Thanks to the upbeat HSBC flash manufacturing PMI report, the comdolls found another reason to party in the forex market today.

If you’re having trouble trying to make sense of the recent movements in the forex market, the CFTC’s Commitments of Traders report might help you gauge market sentiment and predict potential reversals.

What an exciting day for forex traders! Thanks to central banker speeches, there was no lack of currency volatility during the U.S. trading session.

Here’s our simple model, not original, which represents our view markets represent mini- and major-boom bust cycles driven by various rationales of real players which are consistently flawed.

Mixed price action in the London session thanks to a few new stories in the market including commentary from the BOE & lower NZ inflation outlook.

The forex calendar is already chock-full of major economic events that you can trade but there are a couple of potential market-movers that might not have been listed. Don’t say I didn’t warn you about these!

My, my! Kiwi forex traders are being so sensitive to the drop in quarterly inflation expectations for New Zealand, as some started speculating that an RBNZ rate cut is due. What happened exactly?

Forex price action was as mixed as a bag of nuts during the U.S. session, as traders place their trades ahead of this week’s central banker speeches.

Nice forex volatility in the London session, highlighted by euro weakness on German Ifo and Greek bailout developments, as well as Sterling & Kiwi strength.