Market News

CAD comes out as a net winner thanks to central bank stimulus efforts & positive Coronavirus developments, negating the terrible week for oil prices. 

Without major drivers from NZ, it was all about global risk sentiment & counter currency flows that had NZD net positive going into the weekend.

Positive global risk sentiment & the RBA had traders buying up AUD early in the week, enough to beat most of the major currencies into the weekend. 

Yen bears were in control this week as broad risk sentiment turned positive and net negative Japanese updates likely didn’t help.

Both Canada and the U.S. will be printing their labor market reports during the U.S. session so I thought we should visit USD/CAD’s chart for potential trade opportunities.

It looks like AUD/JPY traders are taking a breather after a quick run higher, but volatility make pick again soon with catalysts ahead from the RBA & Japan. 

How did the U.S. labor market fare in the first month of 2020? Here’s what you need to know if you’re trading tomorrow’s monster report!

With ECB head Lagarde due to give a speech in the London session, I’m hoping to see enough volatility for a pullback on this pair.

In this risk-on environment, downside momentum in EUR/AUD hits the watchlist today ahead of potential catalysts from Australia. 

With the U.S. ADP report only a few hours away, I thought we should take a look at USD/JPY’s retracement opportunity. Here’s my forex chart!

EUR/NZD may be setting up for a break out as we head into top tier New Zealand data coming soon. 

I’m still on the lookout for potential opportunities to short the Aussie while coronavirus fears are in play, and the RBA statement just spurred a nice bounce.

The Reserve Bank of Australia is set to give their latest monetary policy statement, making the trend in AUD/USD a top watchlist candidate!

Start your trading prep with an overview of catalysts lined up for the major currencies and the charts to watch this week.

It’s NFP week, yo! What are markets expecting and which catalysts can you trade this week? I’ve got a list!

A lack of economic data exposed the Loonie to market risk sentiment last week. Can this week’s releases change the tune for the comdoll? Here are potential catalysts you should watch out for: Trade balance (Feb 5, 1:30 pm GMT) Canada’s trade deficit narrowed from 1.6B CAD to 1.1B CAD in November, the smallest since …

Can the Swiss franc and the euro continue to bank on safe-haven flows for yet another week? Or will upcoming reports steal the show?

The U.K. is officially out of the European Union! Will sterling be able to hold on to its gains from the previous week? Here’s what to look out for.

The Coronavirus scare boosted JPY to Profitsville last week. Can the bulls maintain their momentum this week?

Positive data got nothin’ on Coronavirus scare last week! Can Aussie bulls recover some of their losses this week?