Market News

The London trading session was all about Sterling after another positive economic read from the U.K, as well as follow through in Yen momentum.

Nearly a month has passed since the ECB decided to cut interest rates, and now Governor Draghi and his men are gearing up to make another monetary policy decision. What should we expect this time?

Surf’s up, mates! The Australian dollar caught another strong bullish wave in today’s Asian trading session, thanks to the RBA and China.

Gotta love end-of-quarter trading! Here’s how forex investors traded the last trading session of Q2 2014.

Comdolls are in retreat while European currencies have kicked into rally mode to start the London trading session.

Are y’all ready to take on the top-tier economic happenings this week? First up is the RBA interest rate decision so here’s my forex trading guide for the event.

Consolidation’s the name of the game for the major currency pairs! Can we expect bigger moves in the next trading session?

With no major report hitting the news wires last Friday, price action was limited among the major currencies. See which currencies moved the most last Friday!

Don’t count the euro out! Relatively strong data from France and Germany surprised euro bears in today’s London trading session.

In one of his recent testimonies, BOJ Governor Kuroda said that the sales tax hike is causing economic fluctuations. Are we seeing these in the latest set of data from Japan?

Higher-yielding currencies extended their gains against the safe-haven U.S. dollar in today’s Asian trading session but were still outpaced by the Japanese yen.

Like the fans of the U.S. and German World Cup teams, the currencies were all over the charts during the U.S. forex trading session.

Euro traders are back in sell mode in the morning London session and Carney’s comments boosts Sterling once again.

In case you’re just starting to catch up to the latest market events, allow me to go ahead and tell you that the U.S. economy contracted by a jaw-dropping 2.9% for the first quarter of the year!

And the higher-yielders are back in the game! Commodity currencies continued to take advantage of U.S. dollar weakness spurred by a huge GDP downgrade.

The dollar bulls and bears were all over the markets yesterday as Uncle Sam printed its final GDP reading. Here’s what happened to your favorite currencies!

Looks like Kiwi & Sterling traders have yet to check out for the summer as those were the only currencies on the move during the London session.

Just a few days after forex traders were convinced to ramp up their BOE rate hike expectations for this year, Governor Carney starts giving mixed signals during this week’s inflation report hearings. What’s up with that?

Looks like those risk rallies were just too good to last! Higher-yielding currencies returned most of their recent gains, but can they still recover?

In the last part of my series on algorithmic trading, I’ll be zooming in on the recent developments of this strategy in the forex arena.