Market News

It was a choppy and relatively low volatility week for the Japanese yen, with most intra-week moves mainly driven by counter currency moves, especially the U.S. dollar. 

NZD/USD makes it to our final watchlist post of the week as USD volatility stays bid and a fresh catalyst from New Zealand may spark a short-term Kiwi move. 

After a strong bearish run in the past couple of weeks, EUR/CAD seems to have finally run out of steam. Is the bounce an opportunity to short once again?

Despite some top tier events on the session for both the Loonie and Greenback, traders kept the range intact on USD/CAD. Will it continue to hold? 

AUD is on the move after disappointing business sentiment data. Are there enough catalysts ahead for the recent fall in AUD/USD to still have legs?

We’re about to see Uncle Sam’s consumer price situation! What are traders expecting? More importantly, how might the dollar react to the report?

Kicking off the new week by taking another look at EUR/AUD. It looks like major support wins again, but could it be set to break soon? 

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

What better way to gauge how the Fed feels post-NFP than a bunch of FOMC-related events? Here’s what you need to watch out for this week.

The BOC is up this week! What are traders expecting from the central bank? More importantly, how might the Loonie react?

Sterling was still down in the dumps for the previous week as there were hardly any reports that lifted its spirits. Will this continue?

We’ve got a bunch of medium-tier reports coming in from the euro zone this week, along with the ECB meeting minutes. Here’s what to expect. 

Global growth uncertainty and rate cut speculations kept the yen strong against its counterparts. Can this week’s releases change its trends?

The Aussie enjoyed an uptrend last week despite the RBA’s rate cut. Can the bulls maintain their momentum this week?

No top-tier data from New Zealand this week, which means that y’all gotta pay attention to countercurrency moves!

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

USD bulls were all smiles by the end of the week thanks to the U.S. and China restarting trade talks and the positive U.S. jobs update

No lover for the British pound this week as a combination of weak PMI updates, dovish commentary from Carney and no-deal Brexit talk beats Sterling bulls down. 

Both the euro and Swiss franc fall on the week, likely on another round of weak economic updates from Europe, as well as rising speculation the new potential ECB President will stay on the dovish course.

The Loonie takes the top spot despite oil’s mid-week fall & the late week Canadian employment update showing a pullback from this years monster gains so far.