Analysis

The Land Down Under is about to print its economic report card for Q3 2024!Did growth improve slightly as the RBA expected?

This week our currency strategists focused on the Australian CPI update and the RBNZ Monetary Policy Statement for potential high-quality setups. How did they play out during the choppy week?

JPY led majors while CAD struggled amid trade uncertainty & falling oil prices, highlighting how policy shifts and external factors shaped forex markets this week.

The final week of November delivered a mix of significant market developments, despite the shortened U.S. trading week due to a major U.S. holiday.

Our first two trade management case study ideas have put us into two fresh positions in CAD/CHF & EUR/GBP. Here’s a quick update & thoughts on both!

Expectations are for the RBNZ to slash rates by another 0.50% this week, as inflation and employment have been lagging. Here’s what I’m watching on AUD/NZD and NZD/JPY in the event of a dovish announcement.

Word on the street is that the RBNZ is about to cut its interest rates by as much as 50 basis points! How may NZD react to the news? We’re giving you points that might help if you’re trading the event!

This week our currency strategists focused on the Canada’s CPI Report (October 2024) and U.K. CPI Report (October 2024) for potential high-quality setups.

Australia is dropping its October CPI figures! If the event turns out to be AUD-bearish, setups on GBP/AUD and AUD/CHF could highlight AUD’s weakness.

Australia has its CPI report lined up this week, and traders are keen to find out if sticky price pressures are still likely to keep the RBA hawkish. Here’s what I’m watching on AUD/JPY and AUD/CAD in this scenario.

The Land Down Under has its October CPI report up for release soon, likely influencing RBA monetary policy expectations. Here are the points you need to know when trading this top-tier economic event.

Get ready for a jam-packed week of central bank action and economic releases that could shake up the markets’ rate cut expectations!

Global markets rallied despite heightened Russia-Ukraine tensions, with gold and oil gaining on safe-haven flows while bitcoin neared record highs.

Major currencies saw wild swings as Russia-Ukraine tensions escalated. Safe havens rallied on geopolitical fears while commodity currencies gained on rising oil prices.

We’re seeing the first readings of Euro Area business conditions in November! What trends should you watch out for and how does the euro usually react to the results?

Today’s stronger-than-expected UK CPI print potentially sets up EUR/GBP for continued downside movement in the short-term. Will the bears step in for now?

Today we saw a stronger-than-expected Canadian CPI print, potentially setting up CAD/CHF for a continued upside move in the short-term.

Weak U.K. inflation readings would support BOE members’ expectations of “gradualism” and likely drag GBP lower against counterparts like NZD and JPY.

Will the CPI report support the Bank of England’s (BOE) gradual easing approach? Or will rate cut expectations pick up again on potentially weak results?

Canadian CPI is expected to show persistent price pressures, all while CAD/CHF is testing trend line support and EUR/CAD is eyeing a key resistance.