London Session Forex Recap – Oct. 9, 2014
Weak trade balance data from Europe and the Bank of England monetary policy decision help provide a small spark to a mostly quiet morning London session.
Read MoreWeak trade balance data from Europe and the Bank of England monetary policy decision help provide a small spark to a mostly quiet morning London session.
Read MoreSurprise, surprise! The FOMC minutes turned out unbelievably dovish, as policymakers tried to downplay tightening expectations. Is the Fed just putting on a show?
Read MoreLooks like the Greenback’s still getting a heavy beating from its forex rivals! Can it recover in the next few hours?
Read MoreGeronimooo!!! Dollar bulls lost the battle for pips during the US forex trading session, as the FOMC minutes showed limited support for an early rate hike.
Read MoreIs the US dollar as the world reserve currency, becoming increasingly dominant and will it be likely with us for many years to come?
Read MoreWith a near empty economic calendar and big potential market mover coming up, forex price action was mostly choppy to start the London trading session.
Read MoreWhat exactly did RBA Governor Stevens mean when he said that hiring is unusually volatile in Australia? Perhaps the upcoming jobs release could shed more light how labor market trends could affect AUD forex price action.
Read MoreIs the Greenback ready to bring sexy back? The U.S. dollar managed to rebound against some of its forex counterparts in the past few hours, despite the lack of top-tier data releases.
Read MoreJudging by the sharp dollar selloff that took place at the beginning of this week, it looks like forex traders are starting to book profits and gearing up for a potential market correction.
Read MoreCurrency price action was a mixed bag of beans, as bargain hunters clashed with news traders during the U.S. forex trading session.
Read MoreLots of data to move the morning London session forex markets, which saw directional moves in the Euro region currencies and the comdolls.
Read MoreAs expected, RBA Governor Glenn Stevens and his men decided to keep interest rates on hold at 2.50% in their latest policy statement. What else did they announce and how could it affect the Aussie’s forex price action?
Read MoreForex pairs jumped back to action after a lazy start to the week, as top-tier events rocked the markets in today’s Asian session. How did the BOJ and RBA statements turn out?
Read MoreDollar-selling was the name of the game during the US forex trading session, as a light event calendar inspired profit-taking among traders.
Read MoreNeedless to say, I have been burned on my latest couple of attempts to pick a top in this yen move. But on a daily basis it seems we have divergence into this high and on a 360-min view.
Read MoreWeak European data added some pressure to euro pairs this morning, and we’re seeing selling in the Greenback as the focus shifts back to rate hike timing.
Read MoreUncle Sam is on a roll! The September employment report showed impressive results and gave the Greenback another strong boost. Are traders starting to price in an early rate hike from the Fed?
Read MoreDollar bulls, retreat! The Greenback returned some of its recent forex gains from last Friday, thanks to the lower liquidity in today’s Asian session.
Read MoreAnd the dollar takes it again! Thanks to a strong NFP reading, the Greenback was king of pips in last Friday’s US forex trading session.
Read MoreForex volatility picked up during the morning London session thanks to more weak PMI data from around the globe.
Read MoreSuccess is walking from failure to failure with no loss of enthusiasm.Winston Churchill