Market News

We’ve got a major political catalyst that could stir up big moves among GBP pairs this week. Here’s what you need to know about the U.K. general elections and what’s expected for the event.

France’s weekend elections helped start Q3 2024 trading on a strong note on Monday. Which assets saw notable moves at the start of the week?

ISM’s manufacturing PMI surprisingly contracted at a faster rate in June. So why did the U.S. dollar rise after the report’s release?

Better brace yourselves for the top-tier catalysts lined up, including a couple of major inflation updates, the FOMC meeting minutes, and the U.S. non-farm payrolls report.

This trading week was relatively light in terms of catalysts, but that didn’t stop some major currencies from making MAJOR moves. Check out these headlines to see what went down!

Market correlations looked shaky during the first half of the week, before risk sentiment grabbed the reins and traders booked profits at the end of the week, month, and quarter.

USD alternatives like spot gold, crude oil, and bitcoin gained at weak U.S. reports. Luckily, the dollar regained its losses against its FX counterparts.

U.S. reports released yesterday pointed to weaknesses in the U.S. economy. So why did the U.S. dollar end the day unchanged against its counterparts?

Dollar domination was the name of the game, as risk-off vibes lifted the safe-haven currency across the board while dragging commodities south. Take a look!

Australia’s May CPI report blew market expectations out of the water, as headline inflation surged from 3.6% to 4.0% year-over-year in May. How did AUD pairs react?

Asset classes still seemed to be marching to the beat of their own drums on Tuesday, as equities rebounded while commodities were in the red. What’s driving the markets these days?

Inflation figures from Canada surpassed market estimates, as headline inflation came in at 2.9% year-on-year in May. How did the Loonie react?

Market correlations seem to be off so far this week, as commodities edged higher while stocks and bitcoin tumbled. What’s up with that?!

Thanks to the Bank of Canada’s (BOC) shift to a more dovish stance this month, traders are paying extra close attention to Canada’s CPI figures to gauge if another cut is due soon.

Traders are in for a relatively less busy economic calendar with the spotlight on inflation updates from Japan, Canada, and Australia.

The Aussie and Loonie dominated FX price action while the Japanese yen saw downtrends despite rate hike talks from the BOJ. What’s up with that?!

The markets were trading on headlines-specific price action before top-tier reports later in the week inspired adjustments to central bank biases.

The market spotlight was focused on a couple of major central bank announcements, with one delivering a surprise rate cut. How did the rest of the asset classes fare?

As expected, the Bank of England (BOE) kept interest rates on hold at 5.25% in a 7-2 MPC vote this June. However, the central bank had some hints about their future policy moves.

Contrary to consensus expectations of no change in policy, the Swiss National Bank (SNB) delivered another surprise rate cut of 25 basis points in this week’s announcement.