Analysis

This week our currency strategists focused on the Bank of Japan (BOJ) Monetary Policy Statement for potential high-quality setups. So how did our analysis do?

We’ve got another busy week ahead with potential market movers, including the Fed and BOE rate decisions, Canadian jobs data, and key economic prints across major economies!

A volatile week in FX saw currencies whipsawed by shifting risk sentiment, weak U.S. data, central bank updates, and optimism around global trade de-escalation.

Financial markets wrestled with the usual slew of global trade updates, as well as surprise misses in U.S. growth and inflation data, plus big tech earnings reports.

Markets just brushed off a surprise Q1 GDP contraction, and now all eyes are on the April jobs report. Will the labor market show cracks or hold steady in the face of tariffs and recession chatter?

Even though the BOJ is widely expected to sit on their hands for now, hints about future tightening or upgrades in their inflation forecasts could still spur declines for CHF/JPY or NZD/JPY. Here’s what I’m looking at.

If Gov. Ueda and his team tone down interest rate hike hints this week, we think GBP/JPY and NZD/JPY present good trend opportunities for yen traders.

Are BOJ policymakers shifting to a less hawkish stance given global trade uncertainties? Here are the key points to know when trading this top-tier catalyst.

With trade tensions easing, will Australia’s inflation provide a bullish catalyst for the Aussie? We’re watching EUR/AUD and AUD/CHF for possible setups if AU CPI data surprises to the upside.

The RBA sounded cautiously optimistic about inflation during its March statement. Will the actual Q1 CPI readings reflect this view? Here’s what to expect for the report.

USD/JPY saw selling pressure after a recent bounce from the 140.00, with bears potentially regaining control as price encounters resistance at the 38.2% Fibs.

This week, we focused on the Euro Area Flash PMIs for April and their potential impact on the euro. Check out the setups we considered and which one played out!

We’ve got another week packed with major market movers, including the Bank of Japan policy decision, Canadian GDP figures, and US employment data.

Currencies pivoted on US-China trade shifts, with safe-havens retreating after Bessent’s “de-escalation” comments sparked risk-on vibes.

Sentiment shifted this week, leading BTC to surge nearly 12% to lead gains, while equities, gold, oil, and USD reacted to political shifts & central bank moves.

GBP/JPY trade closed manually after adverse market shift. Analyzing post-entry developments, alternative approaches, and lessons for future trades.

The upcoming April flash PMI readings for the manufacturing and services sector could provide early insights on how demand, prices, and employment levels are starting to change.

Will this week’s Eurozone PMIs support talks that further ECB rate cuts are NOT a done deal? We’re looking closely at EUR/CHF and EUR/CAD’s charts!

Are we about to see another round of weakness in eurozone business sectors this month? Here’s what I’m looking at on EUR/GBP and EUR/JPY in case the latest flash PMI readings fall short.

Are the eurozone’s top economies starting to feel the toll of the global trade war? The upcoming flash PMI readings from Germany and France could provide more insights on how businesses are reacting to higher U.S. tariffs.