Market News

Better than expected updates kept the Aussie on top last week. Will this week’s catalysts extend the comdoll’s bullish vibes?

The RBNZ is up this week! What are the markets expecting from the event? I’ve got a list of catalysts you’ll want to know about if you’re trading the comdoll in the next couple of days!

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

Net losing week for USD as traders priced in uncertainty with the latest U.S. government stimulus package, improving global economic data, & lots of  mixed commentary from Fed officials.

GBP saw a round of choppy, low volatility price action this week as traders battled between global risk flows, speculation of another lockdown in the U.K., BOE speculation & improving U.K. economic data.

An overall positive week for both EUR and CHF, likely supported by a round of  net positive economic and sentiment updates from Europe.  

CAD outperformed most of the majors this week as positive Canadian economic updates outweighed negative risk sentiment.

With a lack of major catalysts from New Zealand, it was pretty much a lackluster week for NZD in terms of volatility, which eventually ended as a net loser after Friday’s risk-off session.

AUD took the top spot this week as traders focused more on the improving economic updates over the pandemic worsening in Australia. 

It was a choppy week for JPY as improving economic updates from Japan mixed with pandemic worries, risk sentiment and counter currency influences. 

Both the U.S. and Canada are printing their labor market data! With the next trading sessions promising more volatility, I’m setting my sights on USD/CAD today. What do you think of USD/CAD’s downtrend?

Checking out the range pattern on EUR/USD ahead of a potentially busy ending of the week with U.S. jobs data ahead. 

In an interview this week, Trump hinted that we’ll see “big job numbers” this Friday. Thinking of trading the release? Here are the points you need to know first!

The BOE statement just came out, and it looks like the announcement is enough to keep sterling afloat. Can this pair set its sights higher?

Like most Sterling pairs, GBP/JPY has calmed down after a strong rally last week. Is this a potential setup ahead of the BOE statement? 

Kiwi domination! Thanks to a better-than-expected quarterly jobs report, Kiwi was able to make pips rain across the board. Can the bulls maintain their momentum today?

AUD/NZD is likely to see some action with business sentiment data from Australia and New Zealand employment ahead. Will that push the current uptrend in the pair higher? 

The RBA kept rates unchanged as expected while Australia’s retail sales report for June beat expectations. Are these enough to keep this pair afloat?

We’ve got a top tier event from Australia & central bank speeches from the U.S. that could keep the pick up in AUD/USD volatility going. 

Start your trading prep with a review of last week’s price action and an overview of catalysts coming up.