Market News

Word through the forex grapevine is that the U.S. Federal Reserve will be welcoming three new central bank officials while two policymakers are set to leave. Will this tip the scales in favor of the hawks or the doves?

Surf’s up for the Aussie! The Australian dollar drew support from risk sentiment and improved data from the Land Down Under.

What in the world is algorithmic forex trading all about and how can it affect traders like you and me?

With European forex traders back from Whit Monday, you just know that you’re gonna see some action! Read on to see how they priced in last week’s ECB decision and NFP report.

European region currencies went into sell mode once again, lead by selling in the euro & followed by weakness in the Sterling & the Swiss Franc.

My, my! That ECB interest rate decision really did a number on the euro, didn’t it? Now that the dust seems to have settled, let’s try to figure out the longer-term impact of Draghi’s announcements on the shared currency.

Who cares about weak data?! Not even bleak Australian economic figures were enough to stop the Aussie’s climb today. What’s keeping the currency supported?

Forex action from early London trading failed to translate to volatility during the U.S. session as a lack of reports inspired thin trading among the majors.

Forex volatility picked up nicely at the London session open, despite a thin market with much of Europe closed for the day.

There’s no denying that jobs reports tend to have a huge impact on longer-term forex price action. In this edition of Piponomics, let’s zoom in on the latest labor data released from the United States and Canada.

Yen pairs saw a lot of action in today’s Asian trading session, as data from Japan provided support for the local currency.

The big NFP report wasn’t as volatility-inducing as analysts had expected thanks to the reports coming in mostly in line with expectations.

After a pretty quiet Asian session, forex traders went back into euro sell mode after shaking off ECB rate cuts in the Thursday session.

It’s time for another edition of my Economic Data Roundup. For today, let’s focus on the latest reports from the land of my look-alike Hugh Jackman… Australia!

Today’s Asian trading session was a bit calmer compared to the forex frenzy in the previous ones. Will we see a return of volatile price action in the next few hours?

Traders were expecting explosive price action from yesterday’s events and the tier 1 reports didn’t disappoint! Here’s what happened during the U.S. forex trading session.

As usual, volatility was tight ahead of monetary policy decisions from both the U.K. and Europe, but forex action picked up big time as we saw changes from the ECB.

With all the central bank events going on this week, you might be forgetting that the U.S. is set to release its NFP report on Friday!

It was quite an eventful Asian trading session, with the Aussie and Kiwi making a few big moves, but we might be in for more volatile price action in the next few hours!

The major forex pairs reversed most of their early London session moves as traders count down the final hours before the highly awaited ECB decision.