Market News

GBP pulled back from last week’s gains thanks to a round of negative economic outlooks and fears of a resurgence in coronavirus cases. 

EUR & CHF were net gainers as traders focused on rising negative global risk sentiment, & possibly on the re-opening & stimulus themes from Europe.

CAD closed out Friday as a big net loser thanks to negative risk sentiment pushing higher-yielding currencies & oil prices lower for the week’s session.

NZD went from a big winner last week to a big net loser this week thanks to global risk sentiment flipping big time after top tier global events & news.

AUD took the top loser spot this week as global risk sentiment shifted negative, thanks to worsening global outlooks and rising coronavirus fears. 

The Japanese yen takes the top spot this week, beating all the majors as the “reopening trade” fades to send traders away from risk assets.

Market bears made pips rain on the safe havens today as Asian session traders caught the risk aversion bug. Can the pound find some support from today’s releases?

Does this downtrend in NZD/JPY still have legs to play today’s driving theme or is the move set to run out of steam? 

Reversal alert! This pair fell through its head and shoulders neckline and could gain more bearish momentum in the next few hours.

USD is set to make moves on the FOMC event, & with several technical arguments in the works, EUR/USD looks like a market with the most potential opportunities.

As markets wait for the Fed’s policy statement and presser, I’m setting my sights on USD/JPY’s potential support and resistance levels. Got any trade ideas on the pair?

Is the pullback in AUD/JPY a short-lived one in this “reopening trade” environment? That’s definitely something to watch ahead of Australian & Chinese data.

Markets aren’t expecting policy changes from the Fed this week, but that doesn’t mean the event won’t inspire volatility!

I’m still looking at this neat range setup on EUR/CAD this time as inflection points seem to be holding up quite well!

It looks to be a pretty quiet start to the week, but with ECB President Lagarde speaking to the European parliament & NZ business confidence data ahead, the strong trend in EUR/NZD is one to watch.

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

Another week, another chance to trade the dollar! What do you think are the themes that will dominate the Greenback’s trading?

A busy week translated to mixed performance for the Loonie. Can bulls and bears agree on one direction this week?

Only low to mid-tier reports are lined up from the euro zone this time, but the shared currency could still have some momentum left from last week.

Yet another light week in terms of U.K. economic data! The only reports worth watching aren’t due until Friday, but here’s what you should expect.