Market News

Financial markets saw lots of catalysts, including Trump’s doubling of steel tariffs, the ECB’s eighth rate cut, and volatile U.S. jobs data swung from disaster to victory.

EUR surged to six-week highs despite ECB’s rate cut as talks about nearing the “end of monetary policy cycle” surprised the market bulls.

Markets opened strong on trade progress and an ECB cut but flipped risk off after a Trump-Musk feud weighed on risk sentiment.

Markets are bracing for Friday’s May jobs report, with the weak ADP print casting doubt on the current consensus. Here are points to know if you’re trading the U.S. NFP report!

Markets swung wildly on Wednesday as weak U.S. data fueled Fed rate cut hopes, sinking bond yields while boosting gold.

As expected, the Bank of Canada (BOC) kept interest rates unchanged at 2.75% in June, citing trade uncertainty and mixed economic signals. Here’s how CAD pairs reacted.

AUD tried to rally after a softer-than-expected GDP release, but quickly reversed as traders dug into the report’s weak details.

Market risk sentiment showed resilience as better-than-expected U.S. job data offset trade war concerns, while central banks hinted at policy shifts.

With the cut likely priced in, markets are focused on whether or not policymakers hint at a pause amid rising trade tensions and weak inflation. Here’s what you need to know if you’re trading the ECB event.

Trade tensions heated up after Trump doubled steel and aluminum tariffs to 50%, and China fired back, accusing the U.S. of breaking their agreement.

The BoC is expected to hold rates steady in June as officials tread carefully amid soft growth and sticky inflation. How might the Canadian dollar react to the event?

This week’s upcoming U.S. ISM manufacturing PMI report can provide early hints for Friday’s NFP report. Will we see indications of stronger jobs growth that could fuel positive expectations?

Major central bank decisions, trade tensions, and a high-stakes U.S. jobs report are setting the stage for heightened volatility and shifting FX trends heading into the new week!

This week our currency strategists focused on the RBNZ Monetary Policy Statement for potential high-quality setups. So, how did our technical and fundamental analysis play out?

Trump tariffs sparked court battles, appeals delays. Dollar volatility, Fed minutes, Canadian GDP surprises created intense currency market turbulence this week.

Trade developments continued to dominate as Trump’s EU tariff delays & federal court rulings on trade policy created volatility across global assets.

The big news for the day was a U.S. federal court ruling against the legitimacy of Trump’s tariffs, causing major waves among risk assets. Here are the headlines you need to know!

A bit of calm was seen in the financial markets before volatility picked up around the OPEC announcement and the release of the FOMC meeting minutes.

The Fed warned of recession and sticky inflation from Trump’s tariffs, but the dollar held steady as markets had already priced in the uncertainty.

As expected, the RBNZ lowered interest rates from 3.50% to 3.25% in their May decision, with the Kiwi extending its initial bullish reaction during the press conference.