Market News

GBP was a net loser for the week, driven by a mix of drivers including a renewed U.K. lockdown, expectations of more stimulus, & as always….Brexit headlines.

EUR gained against the safe havens while the CHF was broadly lower on the week, suggesting that price action was mainly driven by this week’s risk-on lean in the financial markets. 

It was a mixed but net positive week for the Canadian dollar, likely driven by the early rally in oil and broad risk-on lean in the financial markets. 

Kiwi bulls have a net positive week, and with no major bullish catalysts from New Zealand, it’s likely the positive vibes came from positive broad risk sentiment and counter currency flows. 

The Aussie dollar takes the top spot this week, benefiting from a rise in positive risk sentiment, a weak U.S. dollar, and positive economic updates from Australia. 

JPY took it a steady beating this week thanks to a bounce back in positive risk sentiment, mainly driven by uncertainty fading away over the U.S. elections. 

EUR/USD is locked inside a potential pennant as traders wait for the U.S. NFP release AND more clarity on the results of the election. Think we’ll see a breakout today?

Soon we’ll get the latest monetary policy decision from the Fed. Will see any surprises to spark further momentum or a big reversal in USD/CHF? 

While we wait until the final votes are called in the U.S. elections, traders will likely turn their focus on the BOE’s policy announcement. Can the central bank’s decision push GBP/NZD from a support level?

USD/JPY hits the top of the list today as the bearish push the pair lower quickly on the session. Will the momentum hold? 

There are a couple of potentially market-moving economic reports on tap, but traders will likely keep their focus on the tighter-than-expected U.S. election results.

We could see big trading opportunities in the British pound this week as the BOE will make their latest monetary policy statement on Thursday.

NZD/JPY has a clear technical setup ahead of a potential pickup in volatility with the quarterly New Zealand jobs data right around the corner.

It’s the final day of voting for U.S. citizens and, in a few hours, the world will have more clues on what kind of leadership to expect in the next few years. Here’s why EUR/USD may provide a good trading opportunity.

Today, we’re checking out AUD/USD ahead of the potential volatility coming for the Aussie from the upcoming Reserve Bank of Australia’s latest monetary policy statement.

Start your trading prep with a review of last week’s price action and an overview of catalysts coming up. I’ve got some chart setups to keep tabs on, too!

Dollar traders are in for a busy week as markets are set to price in an FOMC statement, NFP release, AND the highly awaited U.S. election results.

Canada may only have one or two reports scheduled but you can bet pips that Loonie traders will be watching them!

With no Brexit deal in sight, eyes will be on the BOE possibly expanding its QE program this week. How will markets react?

A dovish ECB and lockdowns in the Eurozone weighed on the euro last week. Can the bulls improve their game this week?