Market News

NZD rode higher this week as traders priced in positive comments from New Zealand government officials, better-than-expected NZ data, and counter currency weakness.

Choppy week for the Australian dollar as traders balanced mixed Australian updates against counter currency themes and news events. 

JPY took the top spot this week, possibly riding higher on expectations of the new PM to continued Abenomics, and possibly on positive vibes from the latest Bank of Japan statement, and risk sentiment leaning negative at the end of the week.

The U.K. is printing its retail sales numbers today! Will the release give another reason for pound bears to attack? Check out this key inflection point on the 1-hour time frame!

With little catalysts ahead, today’s market themes may be the drivers of volatility for the latest short-term setups, including this break-and-retest pattern on GBP/JPY. 

Can dollar bulls maintain their upside momentum against the Greenback’s major counterparts? Here’s why I think we should look at USD/CAD in the next couple of hours.

AUD/USD will highly likely see some action ahead with today’s Fed statement and Australian job numbers right around the corner.

The U.K. is printing its inflation numbers in a few hours! Here’s why I’m looking at GBP/JPY for today’s potential trades.

We’ve got a potential reversal in the works on AUD/NZD as the pair retests a strong area of previous resistance ahead of top tier events from AU and NZ.

Checking out this solid trend higher in AUD/CAD as risk sentiment remains positive and oil prices come under pressure this week. Is today’s pullback a short-term opportunity to play the uptrend? 

We have lots of U.K. reports scheduled this week that could move GBP across the board. Let’s take a look at the inflation updates and how it may move Sterling after the event!

GBP continues move with Brexit drama still in full effect, so this pullback in GBP/USD is one to watch and see if traders will jump back in the downtrend at better prices. 

Powell and his gang are up this week! Will they inspire a dollar rally? Or will traders want to take on riskier assets after the event?

Canada isn’t printing top-tier reports this week, which means the Loonie’s price action may take its cues from market sentiment and oil price movements.

A pretty busy week ahead for the U.K., which will see its labor market data and BOE’s latest policy announcement. Check out the potential catalysts for your pound trades!

Brexit uncertainty and a chill ECB pushed EUR and CHF to the top spots last week. With no major top-tier reports, will the European currencies extend their upswings this week?

Markets aren’t expecting changes from Kuroda and his gang but check out the points you need to watch out for during the release!

Aussie traders are in for a busy week as Australia prints its labor market numbers while China releases closely watched manufacturing reports. Which market themes should you keep in mind if you’re trading the Aussie in the next few days?

The GDP report is up this week! Can the release inspire more volatility for the Kiwi?

It was a mostly quiet / low volatility week for the Greenback, finishing mixed and arguable net lower despite higher inflation data from the U.S.