FX Weekly Recap: September 16 – 20, 2024
Although the FOMC decision was the main event on everyone’s radars, there was no shortage of top-tier economic updates that pushed major currencies around throughout the week.
Read MoreAlthough the FOMC decision was the main event on everyone’s radars, there was no shortage of top-tier economic updates that pushed major currencies around throughout the week.
Read MoreThe BOJ is not expected to change its policies, but the event will be under the spotlight as traders look for clues on the central bank’s immediate plans.
Read MoreAfter their “finely balanced” interest rate cut last month, will the BOE follow through with a more convincing easing decision this time?
Read MoreThe Aussie has been able to keep its head up so far this week, but will the upcoming Australian jobs release change all that? Here’s what I’m watching on the hourly chart of EUR/AUD.
Read MoreWill Australia’s August labor market data help traders jump on AUD/NZD’s uptrend this week? We spotted a potential setup on the 1-hour time frame!
Read MoreWe’ll get a fresh update on the Land Down Under’s employment situation for August, and here’s how the numbers could impact intraday AUD price action.
Read MoreIt’s time for the blockbuster event of the month: the September FOMC decision! Will policymakers go for the standard 0.25% rate cut or will they level up with a 0.50% reduction in borrowing costs?
Read MoreThe U.K. CPI release could have some clues about the central bank’s policy bias, so better read up on what market analysts expect for this major event!
Read MoreNZD/CAD is approaching a resistance zone ahead of Canada’s August inflation reports. Will NZD/CAD extend its downtrend this week?
Read MoreIs the trend still our friend on USD/CAD? The pair has formed higher lows connected by a rising trend line seen on its hourly time frame, and it looks like another test is due soon.
Read MoreNow that the Bank of Canada (BOC) has opened the door for further easing if necessary, can the upcoming Canadian CPI release seal the deal for another rate cut soon?
Read MoreThe Fed may finally cut interest rates for the first time in years this week. But that’s not the only thing shaking up the markets!
Read MoreThis week our currency strategists focused on the U.K. jobs update and the U.S. CPI update for potential high-quality setups. How did they play out?
Read MoreThe major currencies saw increased volatility & unusual price action as traders repriced their interest rate biases, and reacted to data releases and risk sentiment shifts.
Read MoreShifting risk sentiment & changing expectations around Fed rate cuts prompted interesting price action, including wide swings in oil prices during this busy week.
Read MoreWhat exactly are the markets expecting from President Lagarde and her team and how might EUR react to the event?
Read MoreThis week, all eyes are on the U.S. August inflation report, one of the last data points before the FOMC meets for its September’s decision.
Read MoreUSD/CAD has been edging higher thanks to a dovish Bank of Canada (BOC) announcement and a dollar rebound during the NFP release last week. Can the pair keep up its climb when the U.S. prints its CPI report?
Read MoreExpectations are already running high for a September Fed rate cut, but can the upcoming CPI release determine how large the reduction could be? Here’s what market analysts are projecting.
Read MoreGuppy was in a steep selloff mode last week, but are we about to get a correction soon? Here are the nearby inflection points I’m keeping tabs on.
Read MoreSomeday is not a day of the week.Denise Brennan-Nelson