Market News

Bad economic data was no problem for the GBP as risk sentiment & counter currency weakness were likely the reasons for Sterling’s out performance.

Global risk sentiment and counter currency flows were the name of the game for euro & franc traders this week, resulting in a mixed performance for both.

CAD spent most of the week in the red on weak oil prices, unemployment fears, & a surprise rate cut from the BOC on Friday.

The Kiwi rides this week’s risk-on wave to a net positive performance, triggered by receding fears of an economic meltdown thanks to pledges of massive support from central banks and governments.  

The Aussie nearly takes the top spot this week as risk sentiment swung positive on massive stimulus measures from the world’s governments & central banks. 

A round of bad luck for the JPY bulls this week as global risk sentiment comes back from the extreme negative levels thanks to global stimulative actions.

The yen seems to be overtaking the dollar in the safe-haven rally these days, and persistent crude oil weakness has me looking at this setup on CAD/JPY.

USD/CAD bears have been on a recent run lower, breaking below a minor swing low. Will the momentum pick up or will the bulls hold their ground?

The BOE is making policy announcements today while Uncle Sam is set to print a closely watched weekly jobless claims data. Will today’s events make or break GBP/USD’s range?

Not a lot ahead to spark short-term volatility, so we’re going to check out NZD/CAD as the pair rests a strong area of interest for a potential reversal play. 

Currency pairs seem to be stuck in consolidation these days as traders wait for the next big catalyst. Will we see a breakout on this pair soon?

Checking out EUR/AUD today with risk sentiment swinging positive and the pair about to retest a recently strong area of interest. Will it break or draw in buyers? 

With the coronavirus pandemic expected to trigger another global recession, let’s compare how the charts looked back then and how things are going now.

A bit of optimism boosted high-yielding bets against the dollar during the Asian session. But can euro bulls maintain their gains in the next trading session?

Today we’re throwing up AUD/JPY on to the watchlist as a potential setup forms ahead of economic updates from both Australia and Japan.

Start your trading prep with a quick review of the latest price action and an overview of catalysts lined up next. I’ve got charts to watch this week, too!

Ready for another week of dollar trading? Check out the potential catalysts that might affect the Greenback’s price action in the next few days!

The Loonie traded with mixed results last week. Will it see one-directional price action with this week’s potential catalysts?

Both the euro and franc still managed to score some risk-off gains last week as traders were focused on COVID-19 updates. Can this carry on?

Sterling took a pounding last week on the U.K. government’s slow coronavirus response. Does it have a chance to recover this time?