Analysis

With the BOC gearing up for a potential June cut, we might just see big moves from this Loonie pair! Do you think EUR/CAD is in for a bounce off the range resistance?

We’ve got a busy trading week ahead of us since a couple of major central banks are scheduled to announce policy decisions, plus the U.S. NFP is lined up, too!

CHF was the one currency to rule them all thanks to positive developments from Switzerland & broad risk-off vibes from geopolitical catalysts & shifting sentiment on economic activity ahead. 

Market players had a lot to digest including property sector updates in China, geopolitical risks, & the always anticipated U.S. core PCE Price Index update!

We’ve got the U.S. core PCE price index (a.k.a the Fed’s preferred inflation measure) up for release this week! Will it support hawkish Fed bets or revive expectations for three interest rate cuts?

The U.S. is dropping its first revisions to the Q1 2024 GDP! Will it prompt Fed members to revisit their “higher for longer” stance?

Will the trend still be our friend on AUD/CAD once the Australian CPI report is released? The pair is closing in on its descending channel resistance on the hourly time frame.

AUD/JPY is testing a key technical resistance zone! Will Australia’s CPI figures convince Aussie bulls to extend the pair’s 2024 uptrend?

Will April’s CPI reports convince more members to reconsider the option? More importantly, how might AUD react to the news?

The PMIs are out and now it’s time for key lagging indicators like inflation and GDP updates to take center stage!

Hawkish interest rate bets kept the dollar supported while positive U.K. and Euro Area data releases drew in bullish demand for EUR and GBP.

The RBNZ may have been the only one to publish a policy decision, but that didn’t stop major central bankers from giving their two pips on inflation & policy head!

Is Uncle Sam in for another round of disappointing PMI figures? If so, these might throw cold water on hawkish Fed bets and spur bigger moves for NZD/USD!

Last month’s U.S. PMIs caused quite a tumble for the Greenback. Will the May readings turn out any better and lift USD/CAD?

What are traders expecting and how can the U.S. manufacturing and services PMIs and how can they affect the dollar’s price action?

We’ll get our first glimpse into how business sectors are faring in the eurozone when its top economies print their flash PMIs on Thursday! Here’s what might happen.

Will EUR/NZD extend its downtrend this week? Or will the RBNZ’s policy decision inspire an upside breakout for the Kiwi’s counterpart?

Kiwi traders, huddle up! We’ve got another RBNZ interest rate decision comin’ right up, so NZD pairs might be in for big moves. Read on to find out what to expect.

One of the first major economic releases during this busy trading week is Canada’s CPI report. Will we see a hotter inflation print that could dash BOC easing expectations?

GBP/USD is poised to make new May highs! Can headlines around this week’s U.K. CPI release propel the pair to new monthly highs?