Analysis

Another batch of U.S. inflation numbers from October will be released this week! Will this update further influence Fed “rate cut” speculation?

Can EUR/GBP maintain its uptrend ahead of and after the U.K.’s labor market data release? We’re taking a closer look at the 15-minute time frame!

This week, we’ll see mid-tier reports from major economies like the U.S., China, and the U.K. that may inspire traders to re-price their interest rate expectations.

The U.K. is about to release its latest jobs data so let’s see what leading indicators are saying before we dive into potential price behavior for Sterling!

Despite a surprising 180 degree turn in USD sentiment, our FX & gold strategists had a net effective week with 3 out of 4 of our discussions played out in favor of our biases. 

Without major economic catalysts on the forex calendar, it was central bank speak that shook things up and drove currencies this week!

Interest rate expectations was the focal point again, dominated by rhetoric from Fed members whose refusal to call a rate hike peak pushed the Dollar higher.

GBP/AUD has been making higher lows and higher highs! Will we see a trend extension in the next trading sessions?

XAU/USD broke below a trend line support after getting rejected at $2,000! Are we looking at the start of a bearish reversal?

The U.K. is about to drop its September & preliminary Q3 2023 GDP data? What are the markets expectations and how could this potentially affect GBP?

GBP/CHF has been making higher highs and higher lows. Will this week’s potential catalysts extend or bend GBP/CHF’s uptrend?

The latest economic expectations survey data from the RBNZ is coming soon may create short-term volatility & opportunities in the Kiwi this week!

AUD/USD is testing a key resistance zone ahead of the RBA’s November policy decision. Will this week’s themes convince AUD bulls to take a chill pill?

What are traders looking forward to in the first full week of November? We have a short list for ya!

An arguably mixed performance week for our strategists, who initially leaned cautiously bullish on the Greenback ahead of top tier U.S. economic events. 

Thanks to falling Fed rate hike expectations, USD was a big loser & risk-on sentiment was turned back on, leading to big wins from AUD & NZD!

Equities and crypto were big winners this week as traders navigated between fresh business sentiment surveys,  geopolitics and central bank statements. 

GBP/AUD is seeing a huge downswing so far this month! Can GBP/AUD bears keep up their momentum even after the BOE’s decision today?

U.S. Jobs Friday is back! Looking to grab some short-term pips or setup a swing trade on this event? If so, be sure to check out our latest scouting report!

The Fed is sharing its November policy decision today! Come check USD/JPY’s out potential pullback with us!