Market News

Rising no-deal Brexit odds & a call for General elections by U.K. PM Boris Johnson hurt the pound early, but Sterling bulls took back control on successful efforts by Parliament to block a no-deal Brexit. 

The Euro & Swiss Franc were net under performers this week on positive global risk sentiment & net weak economic updates from the Euro area.

Global risk sentiment was the main factor driving the Loonie’s mixed but net positive performance this week as geopolitical risks faded.

The Kiwi was the currency to rule them all thanks to a steady flow of positive geopolitical & economic developments throughout the week. 

A “no cut” meeting from the RBA was the catalyst to get Aussie bulls going, but it was the positive shift in geopolitical themes that kept the bull party going.

Weak Japanese economic updates & easing fears on the geopolitical front had traders hitting the sell button on the yen to put it into last place among the majors!

Big day ahead for the U.S. dollar with the monthly U.S. employment update & we’ve got textbook technical setups on EUR/USD to play any short-term moves on the Greenback that will likely occur. 

Can’t get enough of forex volatility this week? Here’s what you can expect from Uncle Sam’s NFP release!

USD/CAD hits the top of today’s watchlist after the latest BOC statement, and later will see important updates from the U.S. jobs sector.

Checking out AUD/USD today as the traders push the pair to potentially retest a major falling trendline pattern ahead of top tier data from Australia. 

Start your trading prep with a quick review of last week’s forex action from my buddy Pip Diddy, an overview of catalysts lined up for the major currencies, and the charts to watch this week.

It’s NFP week, forex friends! Here are the top-tier events you should be preparing for if you’re trading the dollar in the next couple of days.

Canada is sporting a busy data calendar this week! How can these events affect the Loonie’s price action?

The spotlight could stay on political goings-on in the euro zone as there are no top-tier economic reports due. Meanwhile, the franc has a big speech to watch out for.

On this week’s docket are the PMI figures and BOE Inflation Report hearings, but pound traders would likely pay closer attention to the prorogation. What’s that about?

The yen just managed to end the week in positive territory last week. Can this week’s catalysts extend the yen’s gains?

Australia is printing a bunch of top tier reports this week! Which events can affect the Aussie’s intraweek action?

Trade war updates continued to influence Kiwi’s price action last week. Which catalysts can affect the comdoll this week?

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

The Greenback takes the top spot this week thanks to a positive turn in the U.S.-China trade story, calming last week’s extreme fears of a full out war between the two countries.