Market News

The Loonie was the biggest headline maker during the US trading session, as forex traders reacted to Canada’s economic reports and a shooting in Ottawa.

Forex volatility picked up in the morning London session, mainly on expectations of European banks in their upcoming stress test.

Can’t get enough of economic reports to trade? There’s another big one comin’ right up this week so let’s put our heads together and figure out how we can make pips off the U.K. GDP release.

Not even a light data calendar was enough to keep forex pairs quiet, as risk appetite appeared to improve in the past few hours.

It’s been a while since I last gave y’all a set of updates on the bitcoin so here’s a new one for the forex traders out there who are also into cryptocurrency trading.

Oscillators have turned down on 360-min and daily basis. Looking at this morning’s high as minor Wave 2 completion; setting the stage for Wave 3 down with scope to test the recent swing low at 1.2499 (labeled Wave III).

The lack of economic reports didn’t stop forex traders from having a good time, as they priced in a mix of dollar and risk appetite.

We saw strong bearish movement from the euro in the morning London forex session, and a bullish turn in broad risk sentiment pushing the Japanese yen lower.

With a major central bank decision coming up, I think it’s time for another edition of my Forex Trading Guide! Let’s take a look at why the Bank of Canada interest rate decision matters, what happened before, and what might happen this time.

And the latest numbers from China are in! How did these economic releases affect forex price action so far?

Ho-hum. With no major data scheduled during the U.S. session, forex traders were happy to extend the dollar-selling theme from last week.

We got more weak European data to start off the morning London session, but for the most part, it been mostly a quiet start to the new forex trading week.

Downbeat global economic forecasts have led several major central banks to go easy on their hawkish biases and push back rate hike expectations. What might this extended period of easy monetary policy mean for risk-taking?

Gaps… gaps everywhere! Yen pairs opened higher over the weekend, as risk appetite seemed to improve. Can this sentiment carry on in the forex market?

The dollar’s price action was as mixed as a bag of beans during the U.S. forex trading session, as risk appetite got mixed in with a bit of dollar buying.

With a lack of economic data and the fear trade subsiding, it was a choppy morning London forex session. But it may not last with important Canadian data on the way.

A quick review of financial market movements in the past couple of weeks reveals that traders seem to have lost their appetite for risk. Why did this happen and what does it mean for forex price action?

Newsflash! Signs of trouble are brewing in Japan, as the BOJ’s bond-buying operation fell short of target for the first time since April 2013.

It’s on like Donkey Kong! Forex junkies got their kicks during the U.S. trading session thanks to U.S. data and a surprising remark from a Fed hawk.

Once again, it was all about risk aversion forex moves during the morning London session as the focus remains on global growth fears.