Market News

The spotlight is still on monetary policy this week since we’ve got a couple more major central banks announcing their decisions. Here’s what’s up!

The Japanese yen made gains as traders balanced China news & disappointed economic updates, while the Loonie saw red despite a bounce in oil prices. 

It’s NFP Friday, people! Will Uncle Sam’s official jobs report seal the deal for a Fed pivot and this USD/CHF triangle breakdown?

The U.S. is printing its core PCE and ISM manufacturing reports! Will the releases bust EUR/USD out of its triangle consolidation?

We’re seeing downbeat data from Australia and China, but can risk-taking continue to prop AUD/CHF higher? Here are the levels I’m watching.

China’s latest vaccination push is propping up risk-taking! Will the news be enough to firmly bust AUD/JPY out of its Double Bottom pattern?

Risk aversion is the name of the game early this week, as COVID lockdown protests are worsening across China. Will this spur a break lower for AUD/CHF?

This week’s data and speech releases can help shape expectations for December’s monetary policy decisions! Ready to start December trading on a strong note?

With not a lot of data on tap, traders could continue to trade the possibility of a Fed slowdown.

New Zealand is about to print its quarterly retail sales report soon! Can this spur another leg higher for NZD/JPY?

The RBNZ just delivered a mega rate hike today! Will NZD bulls stick around long enough to push NZD/USD higher in the next trading sessions?

We’ve got THREE Fed officials scheduled to give speeches later today! How might their remarks affect EUR/USD price action?

Lockdown concerns in China are encouraging traders to buy the safe-haven dollar. Will today’s market themes extend USD/CHF’s bounce from a range support?

Will we hear of a “pivot” from the RBNZ or the FOMC minutes this week? Here’s what’s up!

Price action was mixed between the majors, with CHF taking the top spot due to a slight risk-off lean, and CAD falling to last as oil prices tanked. 

Before the week comes to a close, I’m looking to make quick pips off this textbook trend setup on the 4-hour chart of USD/CAD. Take a look!

In a few hours Chancellor Jeremy Hunt will unveil his long-awaited Autumn budget statement. Will the release bust EUR/GBP out of its short-term range?

Yikes, the U.K. economy just reported record-high inflation data! What could this mean for BOE policy and sterling price action?

The Eurozone is printing a bunch of closely-watched economic data! Will today’s releases lead to a short-term upside breakout for EUR/CHF?

This week is off to a bit of a slow start, but AUD price action could pick up once the RBA prints the minutes of its latest policy meeting.