News

We’ve got a major catalyst coming up for the New Zealand dollar, making the uptrend in AUD/NZD for both a reversal lower and a potential pop higher.

There has been a lot of buzz about surging bond yields lately, especially with Fed head Powell’s big speech in Congress this week. What do all these mean for the dollar?

The U.K.’s labor market numbers are up today! Will the numbers affect GBP/JPY’s low-key consolidation?

Volatility exploded on bitcoin to start the new week. Is this an opportunity for investors and traders or is the crypto crash finally here?

Start your trading prep with an overview of catalysts coming up. I’ve got some chart setups to keep tabs on, too!

My dude Powell is up this week! What are markets expecting? More importantly, can he influence the dollar’s broader trends?

Canada won’t be printing market-moving data this week, which means that the Loonie will likely dance to the tune of its counterparts.

There are no major reports due from the euro zone and Swiss economy this week, so traders could continue to keep close tabs on pandemic-related updates.

Sterling has been gaining ground on the success of the U.K. vaccine rollout, but will upcoming data shake things up? 

Not a lot of top-tier releases from Japan this week, which means that yen traders will likely take their cues from market risk sentiment.

We only have mid-tier data to look forward to in the Land Down Under, but that doesn’t mean we’ll see snoozers on the Aussie’s charts.

The RBNZ is up this week! Will the central bank’s sentiments extend the Kiwi’s rally?

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

USD was net red once again, despite a valiant effort from Dollar bulls on rising inflation/rates speculation, eventually falling on rising risk-on sentiment on pandemic recovery hopes.

GBP continued its rebound this week off of improving COVID numbers in the U.K. & comments from Bank of England members toning down negative rate speculation.

Traders were moving away from low-yielders/safe havens as the pandemic recovery trade continued, the likely main driver for net losses in both the euro & Swiss franc.

Loonie price action was mostly choppy as traders balanced a broad risk-on lean vs. mixed but arguably net negative Canadian economic updates. 

It was a mostly uneventful week for the Kiwi, but the bulls were able to manage solid gains against most of the majors going into the weekend.

The Aussie dollar takes the top spot once again, continuing its domination of the other majors during the pandemic recovery environment.

Yen bulls never stood a chance this week as the pandemic recovery themes drove traders away from the safe haven currency, despite arguably net positive economic updates from Japan.