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We won’t see a lot of data releases in the next coupla hours, so the majors will likely take cues from overall risk sentiment. Check out why I’m looking at EUR/USD’s short-term range for potential trades today!
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Risk sentiment is solidly negative to start the new week making this technical setup on USD/CAD definitely one to watch!
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Powell and Mnuchin will talk pandemic stimulus in DC this week. Will their testimonies help or hurt the dollar?
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Canada won’t be printing any potentially market-moving economic reports this week, so the Loonie will likely take its cues from crude oil and risk sentiment moves.
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Brexit and BOE drama weakened the pound’s mojo last week. Will the bulls get their momentum this week?
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Another busy week for the common currency! This time we’ll see tons of PMI reports from the Eurozone. Meanwhile, the SNB has an announcement scheduled.
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Japan has a light economic calendar this week and you know what that means. Time to pay attention to headlines from other major economies!
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Australia won’t be printing major economic reports this week, which means y’all gotta keep your eyes on its counterparts and risk sentiment if you want to trade the comdoll.
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The RBNZ is up this week! Will the central bank event extend the Kiwi’s gains across the board? Or will it inspire some major profit-taking?
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USD was mixed throughout the week, but closed as a net loser as weakening U.S. data & the idea of low rates for longer-term were the main drivers that kept the bears in control.
Read MoreMost people would rather die than think; in fact, they do so.Bertrand Russell