Analysis

The U.K. economy will be printing its CPI release a day ahead of the BOE decision this week, so the inflation report could strongly influence policy expectations.

Get ready for another busy trading week ahead, as we’ve got three major central bank decisions, global PMI releases, and the Fed’s preferred inflation measure on deck.

Can the U.K. jobs data help Sterling recover from recent losses, or will signs of labor market weakness add more fuel to BOE rate cut expectations?

This week our currency strategists focused on the Reserve Bank of Australia and Bank of Canada Monetary Policy Statements for potential high-quality setups.

From the Nasdaq shattering the 20,000 barrier to gold’s surge toward $2,700 and bitcoin’s rollercoaster ride, the week’s drama has traders rethinking their playbooks for 2025.

We saw a whirlwind of central bank decisions and geopolitical surprises, with policy divergence reshaping currency dynamics and data surprises keeping traders on their toes.

Our short position in EUR/GBP was taken out after a weaker-than-expected U.K. GDP update. Let’s take a look at the outcome & compare it with other theoretical adjustment options to see what we can learn. 

The ECB is widely expected to cut its interest rates in December. How does EUR usually react to the central bank statement and press conference?

Is the Swiss National Bank gearing up to announce its fourth interest rate cut in a row? Or will SNB policymakers take it easy and keep rates on hold for the time being?

With the ECB monetary policy statement ahead, here’s a quick discussion on potential adjustment strategies & what we did with our EUR/GBP short position.

While the decision may have already been priced in CAD’s current prices, dovish hints in BOC’s press conference could lead to further losses for the Loonie.

Will the BOC cut interest rates by another 50bps this time? Or will they signal a slower pace of easing soon? Here’s what I’m watching on CAD/JPY and NZD/CAD if the Canadian central bank seems less dovish than usual.

Markets widely expect BOC members to cut interest rates by another 50bps. How may CAD react to the adjustment? We have the deets you need to know if you’re trading the event!

RBA is anticipated to hold its rates steady, but the scheduled presser and speeches by central bank members leave room for a bias shift that may weigh on the Aussie.

The upcoming RBA decision could reinforce the Australian central bank’s position as one of the more hawkish ones around, as policymakers are expected to keep rates on hold again.

Is the Reserve Bank of Australia (RBA) gearing up for another hawkish policy statement? Or are we about to see a dovish shift this time?

This week our currency strategists focused on the Australian Q3 GDP Report & its potential impact on the AUD for potential high-quality setups.

This week featured busy mix of NFP positioning, central bank biases, trade concerns, and political uncertainty all pushing major currencies around.

Investors had plenty to work with throughout the week, as financial markets reacted to geopolitical developments and priced in expectations for the highly-anticipated OPEC+ decision and the U.S. NFP report.

A short position in AUD/USD, initially triggered by weaker-than-expected Australian GDP data, was closed profitably today as the U.S. jobs report showed stable employment conditions.