Pippo

With the RBNZ as one of the last few hawkish central banks of the bunch, the upcoming quarterly NZ CPI release has the potential to make-or-break the Kiwi’s trends.

BOC will be the second central bank to publish policy decisions this week! What are the markets expecting and how may CAD react?

Can we still get any surprises from Governor Ueda and his fellow policymakers during the BOJ decision? And how might JPY pairs react?

Asian markets were in a risk-off mood after the PBOC refrained from easing. Can this sentiment carry on for the rest of the trading day?

It’s gonna be a busy trading week with THREE central bank decisions, New Zealand’s quarterly CPI, the U.S. GDP report and core PCE price index lined up. Phew!

Negative risk vibes & fading rate cut positioning pushed USD up early, but the dollar lost momentum as traders’ focus shifted to a busy news flow & calendar from other areas.

Plenty of catalysts this week but the main theme was the repricing of interest rate expectations as central bankers pushed back on aggressive cut expectations.

Is the trend still our friend on AUD/USD? The upcoming U.S. preliminary consumer sentiment index might make or break this pair’s climb before the trading week closes.

USD/CAD is sporting a possible reversal pattern ahead of today’s mid-tier economic reports. Is the dollar in for more losses against the Loonie?

We’ll have an early glimpse into consumer sentiment for this month, thanks to the University of Michigan’s index for January.