FX Weekly Recap: December 15 – 19, 2025
Holiday-thinned liquidity did not stop FX drama, as traders juggled softer inflation, central bank twists, and fresh geopolitical tension, leaving the dollar modestly firmer while yen badly lagged.
Read MoreHoliday-thinned liquidity did not stop FX drama, as traders juggled softer inflation, central bank twists, and fresh geopolitical tension, leaving the dollar modestly firmer while yen badly lagged.
Read MoreMarkets are starting to price in another BOJ rate hike this week! Here’s what else you should look out for in this top-tier event.
Read MoreWill ECB President Lagarde open the door to rate cuts, or keep inflation worries in the driver’s seat? Here are the points you need to know if you’re trading the ECB’s decision!
Read MoreThe BOE dovish split in their earlier policy decision, combined with some misses in top-tier data points, reinforced expectations for a December cut. Will they deliver?
Read MoreThe Fed’s “hawkish cut” sparked choppy USD moves as upgraded growth forecasts clashed with dovish rate expectations, creating mixed follow-through on our GBP/USD and USD/CHF premium watchlist setups.
Read MoreShutdown-disrupted payrolls threaten volatile U.S. moves in thin markets this week. Here are points you need to know if you’re trading the jobs release!
Read MoreWe’ve got another set of top-tier U.K. data before the Bank of England announces its policy decision! Will the upcoming jobs report seal the deal for BOE easing expectations? Or will it cast doubts on a possible December rate cut?
Read MoreCentral bank divergence intensifies as Fed’s dovish pivot collides with ECB hawkish hints and BOJ’s imminent hike, while delayed U.S. data threatens major repricing.
Read MoreCentral banks drove notable currency swings this week as Chair Powell’s dovish Fed messaging sparked broad dollar weakness, while policy divergence saw CHF surge and JPY stumble.
Read MoreIs the Bank of Canada (BOC) really ready to end its easing cycle? Or will the upcoming CPI extend their dovish bias until early 2026? Here’s what to look out for in the upcoming inflation report.
Read MoreWith global rate paths diverging and the franc holding steady despite softer Swiss data, is the SNB about to hint at a shift in its policy stance?
Read MoreWill JPow deliver hawkish and USD-friendly comments like he did in the last two Fed rate cuts? Here’s why USD/CHF and GBP/USD’s setups could yield pips in a hawkish cut FOMC event.
Read MoreMarket expectations for a Fed interest rate cut have picked up lately, so I’m looking at these areas of interest on NZD/USD and USD/JPY in case the central bank ramps up dovish expectations for early next year.
Read MoreBOC wraps up 2025 with markets expecting rates to steady at 2.25%, as recent strong labor market data has given the Bank reason to pause after months of cuts.
Read MoreWith the latest round of U.S. jobs figures mostly coming in below expectations, traders appear to be bracing for yet another 0.25% rate cut from the Fed. Will they deliver?
Read MoreAustralia’s Q3 GDP miss sparked initial Aussie weakness before rapid recovery as traders focused on hawkish RBA policy repricing, demonstrating how central bank narratives can overwhelm disappointing data.
Read MoreThe Fed’s rate decision dominates this week, with markets pricing a third consecutive 25bp cut after weak U.S. jobs data and conflicting labor market signals.
Read MoreWith markets expecting the RBA to keep rates at 3.60%, the real action lies in any hints they drop about potentially cutting rates in early 2026.
Read MoreDecember’s first week brought the dollar’s worst tumble since September, surprising Australian dollar strength despite GDP disappointments, and conflicting employment data further complicating Fed rate cut expectations.
Read MoreThe November 2025 ISM reports just dropped, & they’re painting a mixed picture of the U.S. economy. Let’s dive deeper into what the numbers are really telling us.
Read MoreObstacles cannot crush me. Every obstacle yields to stern resolve. He who is fixed to a star does not change his mind.Leonardo da Vinci