Market News

Tough luck for both the euro & Swiss franc as Euro area data disappoints and an improving U.S.-China trade situation.

The Loonie turns in a strong week on a positive shift in the geopolitical landscape that also propped up prices in Canada’s top export: oil.  

After an early week bounce off of positive geopolitical comments, the Kiwi drifted lower all week, possibly off of comments from RBNZ Governor Adrian Orr.

Negative economic updates didn’t stop the Aussie from becoming a net winner, thanks a positive string of events from the U.S.-China trade war story. 

Yen price action settled down after a volatile start to the week & in the end, turned out to be a net winner on net positive economic updates from Japan.

Got a classic technical pattern on AUD/CAD to checkout ahead of top tier catalysts from both Canada & Australia into the weekend. 

Unless you’ve been living under a rock, you’ve probably heard of Taylor Swift’s new album and a thing or two about trade tensions between the U.S. and China.

Starting the new week of watchlist updates with a peek at GBP/USD. With surprise Brexit drama always lurking & U.S. housing data around the corner, will this simple setup on the one hour chart draw in Cable traders to make moves? 

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.

The Greenback crashed against its major counterparts last week. Can the bears maintain their momentum this week?

Canada is printing its GDP this week! What are traders expecting from the event? More importantly, how will the Loonie react?

Surprisingly enough, sterling surged to the top spot last week thanks to positive Brexit remarks from German Chancellor Merkel. What’s coming up next?

Can risk aversion extend its stay in the markets this week? If so, the euro and franc might be poised for yet another set of rallies! Here’s what’s up.

The yen’s tight ranges were disrupted by last Friday’s trade-related headlines. Will the theme continue to dominate price action this week?

Aussie’s quiet price action was rocked by trade-related headlines near the end of last week. Which themes will move the comdoll this week?

Strong data got nothing on rate cut speculations and risk aversion last week! Can the bulls take some of their pips back this week?

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

The Jackson Hole Summit was the main focus that kept Dollar traders at bay this week, but that all shifted last minute as the U.S.-China trade war intensified on Friday, resulting in a mixed performance for the Greenback.

Sterling was the currency to rule them all this week on comments from German Chancellor Merkel & off of U.S. dollar weakness sparked by a late week negative turn in the U.S.-China trade war story. 

Mixed but positive week for the euro on weak economic updates vs. semi-positive Brexit rhetoric, while the franc clawed back from negative territory after global geopolitical risk flares up on Friday!