Week Ahead in FX (July 22 – 26): Global PMI Updates, BOC Policy Decision, And Top-tier U.S. Data
The major economies are printing their PMI reports! BOC may also shake the markets with a rate cut while the U.S. prints a stronger GDP in Q2.
Read MoreThe major economies are printing their PMI reports! BOC may also shake the markets with a rate cut while the U.S. prints a stronger GDP in Q2.
Read MoreIncreased U.S.-China trade tensions and global growth concerns boosted the safe havens and dragged the comdolls lower. Let’s break down FX price action!
Read MoreEconomic data releases took a backseat to broader market themes and risk sentiment this week. Which headlines affected the major assets?
Read MoreHigher-yielding assets had a solid start but wound up in the red while the U.S. dollar and bond yields regained the upper hand. What went on in the markets recently?
Read MoreAs expected, the European Central Bank (ECB) kept interest rates unchanged in this week’s announcement and refrained from giving forward guidance. How did the euro react?
Read MoreThe U.S. dollar may have been the target of a currency intervention! We have headlines you need to know from yesterday’s trading.
Read MoreAustralia saw a higher unemployment rate in June, but was shrugged off as Aussie traders focused on strength seen in the underlying data.
Read MoreThe UK’s annual inflation growth rate decided to take it easy this summer, with the consumer prices index growth rate remaining unchanged at 2.0% y/y in June 2024
Read MoreAfter cutting interest rates last month, is the ECB about to follow up with another easing move this time? Here’s what market analysts are expecting for their upcoming policy decision.
Read MoreThe major assets traded with mixed results as the markets priced in a strong U.S. economy and increased chances of a Fed rate cut.
Read MoreNew Zealand’s Q2 consumer price increases supported the RBNZ’s shift to a less hawkish tone. So why did NZD spike up after the release?
Read MoreThe dollar is shoed some gains after a solid retail sales report excluding autos. Find out what else moved in the FX market today.
Read MoreThe latest advance estimates from the U.S. Census Bureau show that U.S. retail and food services sales decided to take a little break in June 2024
Read MoreAustralia is scheduled to release its latest employment figures this week, so AUD pairs might be in for big intraday moves soon!
Read MoreThe markets started the week by pricing in Trump’s assassination attempt, but price action soon took its cues from Fed interest rate cut talks.
Read MoreWho’s ready for a brand new trading week? This one’s filled with must-watch data releases from major economies and an interest rate statement from the ECB!
Read MoreWhile the spotlight was mainly on the U.S. CPI release, other major currencies like the Kiwi and Yen saw big reactions to central bank surprises this week.
Read MoreMarket correlations were all over the place early in the week, before sentiment finally found its stride later on. Which catalysts & themes brought risk appetite back in play?
Read MoreU.S. inflation was front and center, as the major assets traded mixed ahead of the release and took their cues from the report during the U.S. session.
Read MoreCooler-than-expected consumer price pressures in the U.S. inspired traders to price in not one, not two, but THREE Fed rate cuts in 2024.
Read MoreA ship in harbor is safe - but that is not what ships are for.John Shedd