Analysis

It was a topsy-turvy week in the forex market, as the major currencies took cues from their respective central bank biases. Which currency claimed the top spot this time?

Market correlations seemed to be in flux for the most part of the week, as different factors came in play for currencies, equities, and commodities.

The U.S. initial jobless claims report tends to spur strong intraday moves for dollar pairs lately. Can this classic pullback setup on EURUSD play out?

Is that a bearish triangle break I’m seeing on GBP/NZD? And can it gain more downside momentum in the next sessions?

Canada is printing its January labour market data on a non-U.S. NFP day! What are market players expecting from the event anyway?

Check out this neat channel on NZD/CHF! Can the trend hold up even after New Zealand prints its employment data?

Have New Zealand’s labour market prospects improved enough to allow the RBNZ to stick to its relatively hawkish biases?

Who’s in for another central bank statement, plus a couple more jobs reports? Brace yourselves for yet another potentially volatile week, fellas!

It was a very challenging week for traders with so many top, top tier events, so our strategists targeted mostly U.S. events for very short-term opportunities!

Heads up, Aussie traders! Volatility could pick up for AUD pairs later this week, as the RBA gears up to make another rate decision.

USD was front & center as traders repriced Fed interest rate expectations, & ultimately took the top spot thanks to a blockbuster employment update!

It was another busy week for the global markets as traders faced top tier global economic updates, including the highly anticipated FOMC statement and U.S. monthly employment update.

The FOMC event sure did a number on major USD pairs! Will talks of a Fed rate hike continue to push XAU/USD higher for the rest of the week?

How did Uncle Sam’s job market fare at the beginning of this year? Here’s what you need to know about the upcoming U.S. NFP release.

AUD/USD is flirting with an established range support ahead of the Fed’s event! Will the pattern hold? Or will we see a downside breakout?

BOE Governor Bailey and his fellow policymakers are starting February with a fresh monetary policy statement! How might GBP pairs react?

EUR/USD looks ready to end the month near fresh lows! Will the bears get a chance to ride EUR/USD’s trend at better prices?

Yo, Australia is about to drop its inflation rate in the last three months of 2023! How high did Australia’s consumer prices fly during the period?

Will FOMC policymakers stick to their “higher for longer” interest rate stance or hint that they’d rather cut “sooner rather than later”?

Traders are in for another busy week as we wait to hear from the Fed and the BOE’s latest monetary policy decisions. Oh, and have we mentioned that it’s also U.S. NFP week?