Asian Session Forex Recap – Jan. 27, 2015
The lack of top-tier data in today’s Asian trading session kept major forex pairs in ranges, as market watchers are bracing themselves ahead of the top-tier reports due later on.
Read MoreThe lack of top-tier data in today’s Asian trading session kept major forex pairs in ranges, as market watchers are bracing themselves ahead of the top-tier reports due later on.
Read MoreThough some US traders were preparing for a blizzard and there was no major economic data printed, forex traders still saw some action yesterday.
Read MoreThe euro was the story of the morning as London forex traders priced in the results of Sunday’s Greek election and what it means for Greece and the EU next.
Read MoreHeads up, forex traders! If you’re planning on trading the euro this week or if you already have euro positions open, you should definitely get up to speed on the Greek parliamentary election results.
Read MoreEuro forex pairs gapped lower at the start of this week’s trading, as the Greek elections ended in a victory for the anti-austerity Syriza party. Is there a chance for a rebound soon?
Read MoreProfit-taking was the name of the game for U.S. session forex traders, as they dragged the low-yielding Greenback lower across the board.
Read MoreForex volatility picked up in the morning London session with the euro selloff gaining steam, but also strength in the yen & weakness in the Aussie.
Read MoreIt’s another D-day for the euro, as ECB Governor Mario Draghi lived up to market expectations and unveiled a massive quantitative easing program. Here are the important things you need to remember from this announcement.
Read MoreEuro bears are still on a roll! The shared currency is still bleeding against its major forex counterparts in today’s Asian trading session after the ECB announced its QE program yesterday.
Read MoreWe expected fireworks from the ECB yesterday, and Super Mario sure delivered! Here’s what happened to the major currencies after the forex event.
Read MoreForex volatility was light in London trade, & remains tight after the ECB announces no changes to key interest rates and ahead of the ECB press conference.
Read MoreSurprise, surprise! The Bank of Canada decided to cut interest rates from 1.00% to 0.75%, causing the Loonie to lose further ground against its forex counterparts. Here’s what the BOC had to say.
Read MoreForex price action seemed to calm down in the aftermath of the BOC surprise interest rate cut announcement, as the lack of top-tier data kept market movements limited. Can volatility pick up soon?
Read MoreCentral bank alert! Thanks to announcements by ECB and BOC officials, forex traders saw volatility throughout the U.S. session.
Read MoreIt’s been an action packed forex trading session thanks mainly to events from both the Bank of Japan and Bank of England.
Read MoreAha! It looks like weak inflation prospects have forced the hawks to retreat! Here’s what else you should know about the latest BOE meeting minutes.
Read MoreThe Kiwi was off to a weak start in the early Asian trading session after the release of New Zealand’s CPI but was quick to rebound as risk appetite improved in the forex market.
Read MoreNot only did the SNB’s surprise announcement cause a jaw-dropping franc rally, but it also resulted to unforeseen losses for forex brokers and their clients.
Read MoreForex price action was as mixed as a bag of jellybeans, as investors start to price in their biases ahead of this week’s major events.
Read MoreWe saw mixed forex price action once again in the morning London session thanks to fresh GDP news from China continuing its influence on the major currencies.
Read MoreIf you ever find yourself in a trade based on hope, get out. You need conviction, not hope, to stay in a trade.Jack D. Schwager