Analysis

Who’s ready for another central bank decision? The Reserve Bank of New Zealand is up next, so you better prepare if you plan on trading NZD!

Welcome to a brand spankin’ new trading month, forex playas! Today we’re looking at EUR/USD possibly taking a short break from its downtrend.

We’re in for a big week as not one but TWO central banks update their monetary policies during U.S. NFP week!

Thankfully, the trend was a friend as 3 out of 4 discussions moved as favored, & 2 out of those 3 even seeing both the expected pullback and a strong rally after! Check it out!

NZD was able to snatch the top spot away from USD this week. Meanwhile, CHF fell to last, likely still feeling last week’s interest rate hold from the SNB.

USD & surging bond yields stole the show this week, supported by hawkish central bank rhetoric, prompting gold to drop like rock & break recent swing lows.

EUR/CAD is seeing new monthly lows ahead of today’s Eurozone data releases! Will today’s market themes provide a way for us to jump in EUR/CAD’s downtrend?

AUD/JPY turned lower from a weekly resistance zone and now the pair is heading for a key area of interest. Will AUD/JPY find demand at the level?

Global inflation rates have heated up this past month, so will the Fed’s favorite inflation gauge–the U.S. Core PCE Price Index–show traders the same and move the markets?

Concerns over a “higher for longer” interest rate environment pushed USD higher and “risky” assets like NZD lower today. How low can NZD/USD go?

Inflation updates have been dominating focus & the upcoming Australian report won’t likely disappoint. Will it show stickiness to keep the RBA on their toes?

EUR/USD looks ready to extend a longer-term trend after a short consolidation. What do you think of the pair’s 1-hour setup?

We heard from several central bankers last week and now it’s time to turn back to economic data for clues on the central banks’ policy biases!

It was a crazy week of catalysts but our strategists anticipated directional biases & turning points pretty well in a mostly choppy market week of price action.

NZD emerged as the top-performing currency, while GBP struggled to last place as sentiment stemming from the BOE’s recent shift in policy stance.

Well, folks, buckle up because it’s been quite a week as central banks took action to try to balance signals of weakening growth and sticky inflation.

The Fed’s hawkish remarks boosted USD across the board. Will USD/JPY pull back enough to present an attractive entry for the trend traders?

The SNB is set to unveil its latest interest rate decision, with expectations that they may raise interest rates once more. Will you be ready for CHF volatility ahead?

Canada is about to drop its August labor market data! Will the report support the Bank of Canada’s (BOC) policy decision this week & get the Loonie moving?

In a few days, China will publish its August inflation reports. Will it lead to more concerns over the economy’s growth?