Market News

With a very light economic calendar from Canada, it was oil prices and counter currency flows that lead CAD to a mixed but net positive week. 

Great week for Kiwi bulls with a surprise rally after a dovish RBNZ statement, and possibly on growing positive global sentiment as major central banks are expected to ease interest rates.

Early week comments from the RBA boss gave the Aussie a positive start, and the bulls didn’t seem to look back as expectations of global central bank easing helped support risk-on sentiment

The Japanese yen was a big loser this week as we saw more signals that the Bank of Japan may enact further stimulus as global economic uncertainties grow

The USD/CAD bear train continues to chug along, and could get one last push into the weekend with one final round of U.S. & Canadian data on the way. 

The RBNZ’s latest monetary policy decision is right around the corner and we’ve got another Fibonacci setup on NZD/CAD to potentially play any potential pickup in Kiwi volatility. 

Will the RBNZ signal another rate cut in the foreseeable future? Here’s what you need to know if you’re trading the central bank’s decision!

A very light calendar to start the week, but we do have low-to-mid tier events from New Zealand and Japan to potentially add some life to the Fibonacci resistance pattern forming on NZD/JPY. 

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.

A pretty busy week for the dollar, which will see a bunch of Fed members’ speeches AND a much-awaited meeting between Trump and Xi.

Weak domestic data rained on the Loonie’s parade this week. Which catalysts can affect the comdoll this week?

Sterling spent another week mostly in the red as the BOE didn’t sound too chipper about economic prospects. Can this week’s events change the pound’s mood?

The euro and the franc had one of their better weeks, with the latter scoring gains across the board. Here’s what to look out for next.

Which catalysts can affect the yen crosses this week? Here’s a short list!

No major data release this week, which means the Aussie will likely take cues from risk sentiment and countercurrency price action.

Anti-dollar sentiment might have boosted NZD/USD, but risk aversion still dragged the Kiwi lower. Will we see the same themes this week?

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

The latest FOMC monetary policy meeting & weak economic updates easily takes down the U.S. dollar against the majors as the event further spurred rate cut speculation

A net negative week for the British pound on continued net weak economic updates from the U.K. and a gloomy outlook from the Bank of England

The latest European PMI updates saved the euro from having a terrible week, while the franc benefited from counter currency weakness & geopolitical tensions