Market News

A relatively quiet week and a bit of risk aversion worked in the yen’s favor last week. Let’s see if we can get more volatile price moves with this week’s major market themes!

With no interest rate changes expected from the RBA for the next few years, demand for the Aussie will depend on overall risk appetite.

Rate cut speculations and negative risk sentiment did not do the Kiwi favors last week. Can this week’s potential catalysts turn things around for the comdoll?

Mixed but net positive week for USD as traders moved between the bearish Dollar theme, the FOMC minutes, and euro weakness at the end of the week.

Choppy week for GBP as traders moved back & forth between Brexit headlines, counter currency flows, and improving UK data.

EUR & CHF moved lower this week, possibly on news of rising coronavirus cases/lockdown speculation and disappointing European business sentiment data.

Choppy run for Loonie traders, but ultimately a net positive one as the bulls were likely leaning on gains in oil prices and net positive data from Canada for most of the week.

After an early week bounce, the Kiwi continued to feel the pressure from recent speculation of negative rates possibly coming to New Zealand down the road.

After a positive start, AUD fell against most of the majors this week, driven by some risk-off vibes from geopolitical and economic growth concerns.

JPY took an early but small lead against the majors and held it all the way through the weekend in what was a mostly quiet week of across the major currencies. 

With data ahead from both the U.K and Japan, will we see momentum pick up in Guppy or will the support and resistance levels hold once again?

Checking out EUR/USD for the session as traders pullback from the recent uptrend. Will the upcoming FOMC meeting minutes bring back the bulls?

A pick up in volatility could be coming to AUD/CAD soon with Canadian inflation data ahead, making the pair one to watch as it sets up several different technical arguments.

AUD is on the move early this week, pushing GBP/AUD to rest the bottom of a clear range. Will we see a short-term breakout or reversal ahead? 

The Fed is publishing its meeting minutes this week. What can wee expect from FOMC members in the foreseeable future?

Canada is about to pepper the week with a bunch of reports! Think you’re ready to trade the events? Here’s what market geeks are expecting.

The U.K. is printing production and spending related reports this week! Will the numbers point to a recovering economy?

Improved sentiment in the European region kept EUR and CHF afloat despite a lack of major data releases last week. Will we see more directional price action this week?

A risk-friendly environment made pips rain for yen bears last week. Can the bulls force retracements or reversals this time?

After a mixed trading week, will the RBA’s meeting minutes encourage one-directional trends for the Aussie?