Global Market Weekly Recap: June 24 – 28, 2024
Market correlations looked shaky during the first half of the week, before risk sentiment grabbed the reins and traders booked profits at the end of the week, month, and quarter.
Read MoreMarket correlations looked shaky during the first half of the week, before risk sentiment grabbed the reins and traders booked profits at the end of the week, month, and quarter.
Read MoreThe Fed’s preferred inflation measure is up for release this week! What are the markets expecting from the event and how may USD react to the release?
Read MoreEUR/AUD is testing a technical resistance zone ahead of Australia’s inflation update! Will the pair turn lower in the next few days?
Read MoreAustralia has its inflation report up for release this week, and the figures might shape RBA policy expectations. Will we see a breakout on this Aussie pair soon?
Read MoreThe RBA noted that inflation may be easing more slowly than they expected. Will May’s CPI figures support the central bank’s hawkish biases?
Read MoreCheck out this fresh triangle consolidation pattern on USD/CAD! Is the pair in for a breakout once the Canadian CPI figures are printed?
Read MoreEUR/CAD is testing April’s lows ahead of Canada’s CPI release! Will the pair extend its downtrend this week?
Read MoreThanks to the Bank of Canada’s (BOC) shift to a more dovish stance this month, traders are paying extra close attention to Canada’s CPI figures to gauge if another cut is due soon.
Read MoreTraders are in for a relatively less busy economic calendar with the spotlight on inflation updates from Japan, Canada, and Australia.
Read MoreThe Aussie and Loonie dominated FX price action while the Japanese yen saw downtrends despite rate hike talks from the BOJ. What’s up with that?!
Read MoreThe markets were trading on headlines-specific price action before top-tier reports later in the week inspired adjustments to central bank biases.
Read MoreWith U.K. annual inflation reaching the central bank’s target, will the Bank of England (BOE) finally cut interest rates? Or will they still opt to keep policy unchanged for now?
Read MoreThe SNB is dropping its June policy decision! Will it keep its policies steady? Or will it surprise the markets for a second time this year?
Read MoreMarkets see easing inflation in the U.K. in May. But what if inflation remains sticky high for the month? Will GBP/CAD extend its uptrend?
Read MoreExpectations are for another dip in U.K. price pressures in May, which might bring bearish GBP vibes ahead of the BOE decision. Can GBP/CHF sustain the drop in this case?
Read MoreThis week’s U.K. CPI release might be a big mover since it comes just a day ahead of the Bank of England’s (BOE) policy decision.
Read MoreExpectations are running high for another “hawkish hold” from the RBA, but what if they disappoint? Here’s a potential breakout setup I’m watching.
Read MoreSo the RBA isn’t expected to make policy changes in June. Will this lead to traders extending AUD/JPY’s June uptrend?
Read MoreIt’s shaping up to be another hectic week in the forex market with THREE major central bank announcements on deck!
Read MoreWill the RBA be more open to easing its monetary policies? Here are points you need to know if you’re planning on trading RBA’s event.
Read MoreOur greatest weakness lies in giving up. The most certain way to succeed is always to try just one more time.Thomas A. Edison