Analysis

Major currencies moved sharply this week as markets reacted to Trump’s proposed policy plans, while expectations of the BOJ, ECB, and BOE’s policies also made headlines.

We’re seeing the first readings of Euro Area business conditions this year! How may EUR react amidst ECB interest rate cut expectations?

After weeks of speculation, the BOJ is expected to raise its interest rates by 25 basis points this week. Will Gov. Ueda and his team deliver this time?

With New Zealand’s Q4 CPI coming in slightly above expectations & Trump’s return creating market uncertainty, NZD/CHF may be setting up for interesting moves ahead.

Can Canada’s CPI keep the BOC dovish, or will we see signs of a pickup in price pressures? Here’s what you need to know when trading this report.

With New Zealand seeing rising producer prices and inflation expectations, there could be upside potential for NZD in the upcoming release.

The upcoming quarterly inflation report from New Zealand could shape expectations for the RBNZ’s next policy moves! Are we about to see a strong rebound in price pressures?

Will this week’s U.K. jobs update support the markets’ dovish BOE expectations? Or will they lead to bullish pullbacks for the British pound?

Buckle up, forex fiends – we’ve got quite a week ahead of us! All eyes are on two potential big market movers: Trump’s inauguration ceremony and what could be a game-changing Bank of Japan meeting.

This week our currency strategists focused on the U.K. and U.S. CPI updates for potential high-quality setups in the British pound & U.S. dollar.

The market spotlight was mainly on U.S. inflation data that prompted traders to recalibrate Fed easing expectations. Here’s how the numbers turned out, as well as the top-tier catalysts that pushed major currencies around.

Global markets rallied this week, driven by softer U.S. inflation data and dovish Fed remarks that pushed Treasury yields down from 14-month highs. Stocks, gold, and bitcoin climbed to fresh peaks, while the dollar faced pressure.

If U.S. inflation remains elevated, expectations of higher-for-longer interest rates could keep the USD supported against major currencies like the CHF and AUD.

With the Reserve Bank of Australia (RBA) already shifting towards a more cautious stance, can weaker hiring growth make policymakers even more dovish?

What will the upcoming U.S. CPI release imply for the Fed’s short-term policy biases? Here’s what to look out for in the December inflation report.

If U.K. CPI comes in hot, traders could scale back expectations for BOE rate cuts. Here’s why GBP/CHF and GBP/NZD are on my radar if that scenario plays out!

With BOE officials still pretty much divided on their policy biases, will the upcoming U.K. CPI release steer them towards a particular direction? Here’s what’s expected for this top-tier report.

Forex traders brace for crucial U.S. CPI data and China’s GDP release this week, while BOJ policy speculation intensifies.

This week our currency strategists focused on the Australian CPI update for potential high-quality setups in the Aussie dollar. Let’s see how it played out!

The FX markets had a wild ride in the first full week of 2025, as traders juggled shifting economic data & political developments, that challenged rate cut timelines.