AUD Weekly Forecast (April 27 – May 1)
Aussie traders are facing a quarterly CPI and China’s PMIs this week! Planning on trading the comdoll? Check out the potential market movers on tap!
Read MoreAussie traders are facing a quarterly CPI and China’s PMIs this week! Planning on trading the comdoll? Check out the potential market movers on tap!
Read MoreCan Kiwi sustain its bullish momentum from late last week? Here are the potential catalysts that you need to know about!
Read MoreUSD comes out a net winner, arguably on a mix of negative global risk sentiment driving safe havens & the possibility of the U.S. economy slowly reopening.
Read MoreSterling was easily the biggest loser of the week, hit with negative economic updates, speculation of an extended lockdown, & risk-off sentiment at the start of the week.
Read MoreGlobal risk sentiment was the name of the game for the euro & franc this week, prompting an early rise against the risk currencies on crashing oil prices, then reversing later as oil rebounded for a net loss on Friday.
Read MoreThe Canadian dollar was beaten up all week thanks to the historic drop in oil prices and a round of net negative updates from Canadaa.
Read MoreMixed performance in NZD, spending time in the red on early negative risk sentiment & disappointing data from NZ, before bouncing back on positive risk sentiment into the weekend.
Read MoreAUD takes the top spot this week, rallying on improving risk sentiment after the oil crash & on Australia’s relatively strong performance against the coronavirus.
Read MoreThe Japanese yen comes out as a net winner thanks to an early week spike higher global risk aversion fears & despite more weak Japanese data.
Read MoreWith another top-tier leading indicator due from the euro zone, this pair could either bounce or break from the range support it’s currently testing.
Read MoreWe learn wisdom from failure much more than from success. We often discover what will do, by finding out what will not do; and probably he who never made a mistake never made a discovery.Samuel Smiles