Market News

The BOJ kicked off the week with its “unlimited QE” bombshell. Will the Fed make similar market-moving announcements?

The U.K. is set to print a potentially downbeat mid-tier report while this pair closes in on a test of resistance. Apart from that, there’s not much in the way of top-tier catalysts in the upcoming London session, so inflection points might just hold. But first, here’s a quick glance at how the majors are …

AUD/CAD pops higher at the start of the new week thanks to positive risk sentiment and another slide in oil prices. Does the momentum still have legs?

Start your trading prep with an overview of catalysts lined up next. I’ve got chart setups to check out this week, too!

The FOMC decision AND GDP release are around the corner! Think you’re ready to trade the dollar? Check out the major events you should pay attention to!

The Loonie danced to the tune of oil price action last week. Will the same themes dominate its price action this week?

All eyes and ears are on the ECB policy decision this week! Is the central bank bound to announce another batch of stimulus?

Only a handful of medium-tier reports are due from the U.K. economy this week, possibly leaving the pound sensitive to counter currency action.

The BOJ is up this week! Think it will affect JPY’s intraweek trends? Here are other potential catalysts you should know about.

Aussie traders are facing a quarterly CPI and China’s PMIs this week! Planning on trading the comdoll? Check out the potential market movers on tap!

Can Kiwi sustain its bullish momentum from late last week? Here are the potential catalysts that you need to know about!

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

USD comes out a net winner, arguably on a mix of negative global risk sentiment driving safe havens & the possibility of the U.S. economy slowly reopening. 

Sterling was easily the biggest loser of the week, hit with negative economic updates, speculation of an extended lockdown, & risk-off sentiment at the start of the week.

Global risk sentiment was the name of the game for the euro & franc this week, prompting an early rise against the risk currencies on crashing oil prices, then reversing later as oil rebounded for a net loss on Friday.

The Canadian dollar was beaten up all week thanks to the historic drop in oil prices and a round of net negative updates from Canadaa. 

Mixed performance in NZD, spending time in the red on early negative risk sentiment & disappointing data from NZ, before bouncing back on positive risk sentiment into the weekend. 

AUD takes the top spot this week, rallying on improving risk sentiment after the oil crash & on Australia’s relatively strong performance against the coronavirus.

The Japanese yen comes out as a net winner thanks to an early week spike higher global risk aversion fears & despite more weak Japanese data.

With another top-tier leading indicator due from the euro zone, this pair could either bounce or break from the range support it’s currently testing.