EUR & CHF Weekly Forecast (April 9 – 13)
The minutes of the latest ECB minutes are up for release this week, but could this really push the shared currency in a strong direction? Or will sentiment still be king?
Read MoreThe minutes of the latest ECB minutes are up for release this week, but could this really push the shared currency in a strong direction? Or will sentiment still be king?
Read MoreThere were plenty of weekend geopolitical news for Asian session traders to chew on, but they were mostly ignored in favor of cautious risk appetite.
Read MoreSterling was able to pocket a few gains against some of its peers last week, and a few major releases from the U.K. could determine whether it could keep winning or not.
Read MoreOil stabilized after slumping around 2% last Friday over an intensifying trade dispute between the U.S. and China, as well as increased U.S. drilling activity.
Read MoreShares crept higher as a bounce in U.S. stock futures soothed sentiment even as Trump kept up his twitter war with China days before Xi Jinping’s keynote speech.
Read MoreThe yen marked its second week of losses last week despite the additional tariffs announced by China and the U.S. Will the low-yielding currency continue to take cues from bond yields this week?
Read MoreAussie traders shrugged off top-tier data last week in favor of pricing in global trade war updates. Will we see the same themes this week?
Read MoreIt was mostly risk sentiment that moved the Kiwi around last week. Will this week’s set of catalysts extend its trends?
Read MoreThe U.S., Mexico & Canada still have to resolve major issues around NAFTA, Canadian Foreign Minister Freeland said on Friday, casting doubt on a quick deal.
Read MoreThe U.S. economy created the fewest jobs in six months in March, but a pickup in wage gains pointed to a tightening labor market.
Read MoreThe Canadian economy added more jobs than expected last month, though economists still expect the central bank to take its time raising interest rates again.
Read MoreOil prices fell on Friday after U.S. President Donald Trump’s threat of new tariffs on China reignited fears of a trade war between the world’s two biggest economies.
Read MoreThere wasn’t a lot of action during today’s morning London session, likely because traders were keeping their heads down ahead of the NFP report. Oddly enough, however, the Aussie managed to close higher against all its peers.
Read MoreNo data? No problem…or not! Thanks to fresh trade war concerns, Asian session forex traders flocked to safe havens like the franc and the yen.
Read MoreStock markets slipped on Friday after Trump proposed tariffs on more Chinese products, while the dollar steadied before the US NFP report.
Read MoreThe dollar was supported by a bit of recovery and risk-taking from the previous sessions. Meanwhile, the Loonie also got a nice boost after Trudeau shared that NAFTA negotiations are “moving forward.”
Read MoreThe dollar rose on Thursday, bolstered by a rebound on Wall Street and signs the united States is looking to resolve a trade dispute with China.
Read MoreOil prices rose on Thursday, helped by gains in U.S. equities and Saudi Arabia’s unexpected hike in crude prices.
Read MoreThe U.S. trade deficit increased to a near 9-1/2-year high in February, with both exports and imports rising to record highs.
Read MoreCanada’s trade deficit unexpectedly rose to C$2.69 billion in February as imports grew much faster than exports.
Read MoreIt’s OK to be wrong; it’s unforgivable to stay wrong.Martin Zweig