Pippo

It was a BUSY week for the major currencies, as traders priced in global trade tensions, shifting central bank expectations, and a parade of key data releases.

Tariffs headlines drove market sentiment for most of the week, although there were other positive developments that brought some risk-on vibes. Here’s how major asset classes fared.

The BOE policy decision took the spotlight with its surprise “dovish split” while U.S. jobs indicators kept markets on edge ahead of this week’s NFP release. Here are the latest headlines you need to know!

The Bank of England (BOE) reduced its benchmark interest rate by 25 basis points to 4.50%, marking its first rate cut since late 2024 while the MPC minutes revealed a more dovish split than expected.

Markets are bracing for softer labor data, which could strengthen the case for more BOC rate cuts. What are the expectations, and which CAD pairs tend to react the most?

With the Fed shifting to a less dovish stance, will the upcoming U.S. jobs release support their optimistic outlook? Or can the numbers revive easing expectations?

The U.S. ISM services PMI fell from 54.1 to 52.8 in January instead of rising to the projected 54.2 figure, reflecting a slower pace of growth for the month.

The major assets shrugged off economic data releases in favor of pricing in global trade headlines, central bank commentary, and overall risk sentiment.

The major assets bounced back on Tuesday as Trump delayed tariffs on Mexico and Canada, though trade tensions with China kept investors cautious.

After keeping rates steady in a “dovish hold” decision last December, will the BOE finally resume its easing cycle this time? Here’s what you need to know if you’re planning on trading this top-tier event.