Market News

AUD/JPY bulls are solidly in control, but will they hold onto their gains with potential catalysts coming from Australia and Japan?

Commodity currencies like the Aussie have been crushing their lower-yielding counterparts lately. Will Australia’s jobs data extend the comdoll’s rally?

Reversal alert! I just spotted this head and shoulders breakdown on EUR/NZD, and the upcoming catalysts might draw more bears in.

Start your trading prep with an overview of catalysts coming up. I’ve got some chart setups to keep tabs on, too!

What did Governor Powell and his gang talk about in their last meeting? Will it affect the dollar’s intraweek trends in any way?

The Loonie danced to the tune of its counterparts last week. Can the bulls and bears find direction from Canada’s data releases?

It’s the third week of the month, and y’all know what that means… It’s time for a fresh set of PMI readings from the eurozone!

Inflation and consumer spending reports are due from the U.K. economy this week, but the flash PMI reports might be the ones to watch out for.

A lack of bigger potential catalysts around the world can put the spotlight on Japan’s economic releases this week.

Australia’s data calendar is pretty busy this week with the RBA, PMI, and labor market reports scheduled for release. What should you watch out for from these events?

Can a lack of fresh market catalyst highlight New Zealand’s fundamentals and boost the Kiwi this week? I’ve got a list of the potential themes that might move the comdoll in the next few days.

I’ve rounded up FOUR mechanical forex strategies right here to see how they performed recently. Take a look!

USD takes another hit as U.S. economic data was less than impressive & Fed officials re-iterated the party line of maintaining low interest rates.

The British pound was able to stage a late rally and close the week net green on optimism the U.K. will exit lockdown as pandemic cases ebb. 

Economic data was mixed from the Euro area and global risk sentiment moves were mostly subdued, which likely supports why we saw a relatively quiet, mixed week for the euro. 

With virtually no driving catalysts from Canada this week, it’s not unexpected to see the Loonie closed mixed on Friday, driven mainly by counter currency flows and oil prices. 

Kiwi bulls retreated against the majors this week despite positive vibes from the global markets and better-than-expected NZ data. 

The Aussie dollar takes the top spot again this week, likely riding higher against the majors on continued positive risk sentiment.

Another round of positive global risk sentiment had traders shying away from JPY despite better-than-expected economic updates from Japan.

Most traders might be out enjoying the Chinese New Year long weekend today, but there are still some U.K. releases worth watching. Here’s a simple setup that might work.