Forex Gump

We’ll be getting our first NFP report of the year this Friday. And if you need to get up to speed on what happened last time and what’s expected this time, then you better gear up by reading up on today’s Event Preview.

Before you get all worked up by the U.S. NFP report due on Friday at 1:30 PM GMT, you should know that Canada will be printing its labour market numbers around the same time.

Not even three interest rate hikes from the Fed or the highly-anticipated tax reform package was enough to lift the Greenback’s spirits last year! Here’s how it fared against its rivals and why it failed to rally.

The euro crushed ALL its forex rivals in 2017, which is an impressive recovery after the euro’s poor performance in 2016. And here’s a condensed recap of what drove the euro higher during the course of the year.

The pound had a good run this year after getting clobbered last year. And if you wanna know what pushed the pound higher this year and if they will continue to play a role in the pound’s price action next year, then you better read up.

And just like that, we are about to bid farewell to 2017! Before we say adieu to the year that was, let’s take a quick walk down memory lane to review the biggest themes that rocked the forex market then. 

AUD’s price action was a bit choppy this year. Nonetheless, AUD had a good run because both iron ore and gold are closing the year on a high note as well. But what about the RBA? Where does it fit in AUD’s price action?

Oil is riding high this year, but the Loonie is currently on course to ending 2017 on a mixed note. What’s up with that? Well, the title says it all, but if you want the details to gauge if they will continue to affect the Loonie, then read on and find out.

Not much love from the Kiwi bulls this past year despite some positive risk-on vibes in the global market to finish off 2017. Why did the Kiwi break from the rest of the “risk assets” and fall to the bears in the end?

What’s up forex fiends! With the new year around the corner it’s time for our quick currency recaps in case you need to get up to speed to what has been a craaazy year. And to kick’em off, we’ll start with the Japanese yen!