Forex Trading Market Blog Posts

  • Dollar Surges After Yellen Turns Hawkish
    on Aug 29, 2016 in Forex News
    The dollar dropped initially after Federal Reserve Chair Janet Yellen made some hawkish comments during her speech late this morning, but quickly reversed and has turned sharply higher. Yellen stated that the case for another interest-rate hike has s...
  • Dollar Recovering Some Ground Following Weak Reports
    on Aug 15, 2016 in Forex News
    The dollar dropped against all of its major rivals Friday morning, following the release of several weaker than expected economic reports. The U.S. currency has pared its losses over the course of the trading day and is now turning in a mixed perform...
  • U.S. Dollar Slides Against Majors
    on Aug 10, 2016 in Forex News
    The U.S. dollar weakened against the other major currencies in the Asian session on Wednesday, as weak U.S. business productivity data in the second quarter raised speculation that the Federal Reserve would be slow to raise interest rates. The Labor...
  • Canadian Dollar Spikes Up As BoC Retains Benchmark Interest Rate
    on May 25, 2016 in Forex News
    The Canadian dollar advanced against its major rivals in early New York deals on Wednesday, after the Bank of Canada kept benchmark interest rate unchanged, as inflation remains roughly in line with the Bank’s expectations. The BoC maintained i...
  • U.S. Dollar Extends Rally
    on May 19, 2016 in Forex News
    The U.S. dollar extended overnight rally against its key counterparts in pre-European trading on Thursday, as minutes from the Federal Reserve’s April meeting showed an optimistic outlook about the U.S. economy and hinted at the possibility of...
  • Dollar Extending Weakness Against Japanese Yen
    on Apr 8, 2016 in Forex News
    The dollar is up against its major European rivals Thursday afternoon, but is continuing to lose ground against the Japanese Yen. The U.S. currency is gaining ground against its European rivals after the minutes from the most recent ECB meeting sugge...
  • Dollar Mixed After Economic Reports Paint A Mixed Picture
    on Apr 3, 2016 in Forex News
    The dollar is turning in a mixed performance against its major rivals Friday afternoon. The U.S. currency is rising against the British pound, falling against the Japanese Yen and nearly flat in comparison to the Euro. Investors were left to process...
  • Yen Rises Against Majors
    on Mar 8, 2016 in Forex News
    The Japanese yen strengthened against the other major currencies in the Asian session on Tuesday. The yen rose to 1-week highs of 112.75 against the U.S. dollar and 113.35 against the Swiss franc, from yesterday’s closing quotes of 113.43 and 1...
  • Dollar Mostly Lower After Data Disappoints
    on Jan 16, 2016 in Forex News
    The dollar is losing ground against the Euro and the Japanese Yen Friday afternoon, but is up against the British pound. Investors were inundated with U.S. economic data this morning, after a trading week that had been extremely light on data. Once t...
  • Pound Falls Against Majors
    on Dec 2, 2015 in Forex News
    The British pound weakened against the other major currencies in the early European session on Wednesday. The pound fell to a 1-week low of 0.7057 against the euro and a 5-day low of 1.5435 against the Swiss franc, from early highs of 0.7040 and 1.54...
  • Dollar Rising Against Euro On Dovish Draghi Comments
    on Nov 22, 2015 in Forex News
    The dollar is gaining ground against both the Euro and the pound sterling Friday afternoon, but is basically flat in comparison to the Japanese Yen. The lack of U.S. economic data and the near absence of global economic data has investors kept the fo...
  • U.S. Dollar Drops Against Most Majors
    on Nov 11, 2015 in Forex News
    The U.S. dollar weakened against most major currencies in the Asian session on Thursday. The U.S. dollar fell to a 1-week low of 1.5246 against the pound, from yesterday’s closing value of 1.5207. Against the euro and the Swiss franc, the green...
  • Yen Advances Against Majors
    on Nov 2, 2015 in Forex News
    The Japanese yen strengthened against the other major currencies in the Asian session on Monday. The yen rose to a 5-day high of 120.26 against the U.S. dollar, from last week’s closing value of 120.58. Against the euro, the pound and the Swiss...
  • Yen Rises Against Majors
    on Oct 28, 2015 in Forex News
    The Japanese yen strengthened against the other major currencies in the Asian session on Wednesday. The yen rose to more than a 7-month high of 121.87 against the Swiss franc and nearly a 2-month high of 132.69 against the euro, from yesterday’...
  • Dollar Nearly Flat As The Trading Week Draws To A Close
    on Oct 19, 2015 in Forex News
    The dollar is little changed in comparison to its major competitors Friday afternoon. After another eventful week, investors are attempting to decipher what course the central banks will follow in the near future. Most are now coming to the conclusio...
  • Yen Falls Against Majors
    on Oct 15, 2015 in Forex News
    The Japanese yen weakened against the other major currencies in the Asian session on Friday. The yen fell to 4-day lows of 184.38 against the pound and 92.68 against the Canadian dollar, from yesterday’s closing quotes of 183.70 and 92.41, resp...
  • Australian Dollar Climbs Against Majors
    on Sep 10, 2015 in Forex News
    Reversing direction, the Australian dollar advanced against the other major currencies in European morning deals on Thursday. The aussie strengthened to a 9-day high of 1.1201 against the kiwi, reversing from an early low of 1.0949. The aussie advanc...
  • Australian Dollar Advances Against Majors
    on Aug 18, 2015 in Forex News
    The Australian dollar strengthened against the other major currencies in the Asian session on Tuesday. The Australian dollar rose to a 4-day high of 91.89 against the yen, from yesterday’s closing value of 91.70. The aussie edged up to 1.4996 a...
  • Euro Falls Against Majors
    on Aug 11, 2015 in Forex News
    The euro weakened against the other major currencies in the Asian session on Tuesday. The euro fell to a 4-day low of 0.7045 against the pound, from yesterday’s closing value of 0.7067. Pulling away from an early near 1-month high of 137.47 aga...
  • U.S. Dollar Extends Gain
    on Aug 5, 2015 in Forex News
    The U.S. dollar continued to be strong against the other major currencies in the Asian session on Wednesday, in the wake of comments from Atlanta Federal Reserve President Dennis Lockhart that Fed policy makers are prepared to raise the Fed-funds rat...
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