Market News

Forex price action picked up in the morning London session thanks to consumer data from the Bank of England, but stayed mostly in a range ahead of the FOMC policy announcement.

If you think the FOMC statement is the only main event for the Greenback this week, think again! The U.S. economy is set to print its advanced GDP reading for Q3, which might spark another round of fireworks in the forex charts.

Is risk appetite back on? Higher-yielding currencies seem to be in a good mood lately, as they advanced against the safe-havens in the forex market.

Ooh, it looks like the competition is heating up between some forex brokers! Word through the grapevine is that FXCM Australia and DMM FX Australia are battling it out with ultra-low fixed spreads.

Forex traders were on FOMC watch during the U.S. trading session, but that didn’t stop some investors from pricing in a couple of news reports.

Without major catalysts this morning, forex volatility was a bit slow but there was a few directional moves thanks to a shift in risk sentiment.

With a much-awaited forex blockbuster coming up this week, I think it’s about time I come up with a Forex Trading Guide to prepare y’all for the big event. What can we expect for the October FOMC statement?

Forex traders flocked back to the Japanese yen in today’s Asian trading session after Japan printed a stronger than expected retail sales report. Can it hold on to its recent gains?

Forex traders dropped the dollar like a hot potato, as they priced in weak U.S. data and some profit-taking ahead of the FOMC meeting.

On Friday, a rumor was leaked that these banks failed the test. And the market rocketed higher.

European bank stress test results and weak German data had forex traders putting the pain on euro longs in this morning’s opening London trade.

Are the ghosts of the debt crisis back to haunt the euro zone? The results of the euro zone bank stress tests are in and the numbers ain’t lookin’ too good!

No data? No problem! Not even the lack of top-tier releases during the Asian trading session was enough to stop several forex pairs from moving and filling in weekend gaps.

Major currencies were in Rangeville during the U.S. session, as the lack of reports failed to inspire volatility in the forex markets.

It looks like forex traders have already checked out for the weekend because much like the Asia session, London trade was mostly low volatility action and sideways choppiness.

Brace yourselves, forex fellas! Another round of currency wars is starting, but economies no longer seem to be bent on gaining an advantage in trade this time.

The U.S. dollar gave back some of its recent gains to its counterparts, as the absence of major data releases in today’s Asian trading session led to a bit of profit-taking in the forex market.

Forex bulls and bears saw an active US trading session, thanks to a bit of risk appetite and a news report on the BOJ.

European economic data surprised to the upside for a change this morning, but U.K. data disappointed, both sparking nice forex volatility in the morning London session.

While most major central banks have shifted to a more cautious monetary policy stance, Bank of Canada policymakers seemed less dovish than usual in their latest statement. What could this mean for Loonie forex price action?