Market News

There’s not much in the way of major catalysts from the U.K. this week, leaving traders to pay closer attention to Brexit updates.

This week could be an exciting one for euro pairs since the ECB will be announcing its policy decision. Here’s what market watchers are expecting.

Japan is printing a bunch of domestic reports this week! Will yen traders even notice? Here are the potential catalysts that might move the safe-haven this week!

Australia isn’t printing a lot of top-tier economic reports, but China’s data releases could make price action more interesting for the Aussie bulls and bears.

Not a lot going on in New Zealand’s calendar this week, which means Kiwi traders will likely look to countercurrency price action for cues.

USD dives once again on net negative economic updates, continued stimulus hopes, & optimism of a recovery from continued positive vaccine headlines.

Mixed week for the British pound, but finishing arguably net positive as sentiment on a Brexit deal seemed to be more optimistic than not for most of the week.

EUR & CHF were big net winners this week, likely benefitting from counter currency flows & better-than-expected business sentiment data from Europe earlier in the week.

The Canadian dollar took the top spot, likely lifted by bounce in oil prices on Thursday, as well as positive economic updates from Canada at the end of the week. 

NZD took a tumble this week, likely driven by a turn in risk sentiment near the end of the week, &despite net positive updates from New Zealand. 

Mixed week for AUD, indicating counter currency flows outweighed a heavy week of headlines from Australia, including an RBA meeting and improving data from the Land Down Under. 

Despite improving data from Japan, JPY closed another week in the red, likely fueled by positive risk sentiment off of ongoing vaccine optimism and stimulus hopes in the U.S. 

I’m seeing a textbook break-and-retest setup forming on the short-term chart of this pair. Any catalysts that could spur a bounce?

We’re checking out this upside resistance break in AUD/JPY ahead of Australian retail sales data for potential short-term pips!

With only lower-tier data releases due, all eyes will be on vaccine updates and Brexit negotiations. How will these themes affect GBP/AUD?

Sterling is on the move as Brexit uncertainty rises on the session. Does the spike lower on GBP/CHF have legs or is there a pullback ahead? 

Who is in for a reversal play? This double bottom on EUR/GBP looks prime for a breakout in the next few hours!

EUR/USD bulls are an control of the market, breaking above short-term resistance and a major psychological level. Will there be a chance to play the uptrend at better prices? 

We’ve got the blockbuster U.S. NFP release this Friday! If you’re planning on trading the event here are the key points you need to know. 

Vaccine headlines and stimulus prospects have boosted high-yielding bets like the Aussie across the board. Will we see AUD/USD extend is uptrend?