Daily Broad Market Recap – July 3, 2024
The major assets traded in tight ranges until the U.S. session when a bunch of data releases encouraged volatility across the charts.
Read MoreThe major assets traded in tight ranges until the U.S. session when a bunch of data releases encouraged volatility across the charts.
Read MoreA parade of net weak U.S. jobs reports accelerated the U.S. dollar’s losses across the board. Which reports did the markets react to the most?
Read MoreCanada is scheduled to print its June jobs report later this week, and a bit of a slowdown in hiring is eyed. Will the actual figures highlight the Bank of Canada’s (BOC) downbeat outlook?
Read MoreMajor assets were trading their individual headlines until the U.S. session when top-tier calendar events influenced broader market themes.
Read MoreEuro Area’s June inflation generally met market estimates, which is likely why the euro saw a short-term reaction to the report.
Read MoreThe big news today in FX came from Sintra, Portugal. What happened and how did this affect the FX market today?
Read MoreWe’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.
Read MoreFrance’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?
Read MoreISM’s manufacturing PMI surprisingly contracted at a faster rate in June. So why did the U.S. dollar rise after the report’s release?
Read MoreBetter 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.
Read MoreThis 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!
Read MoreMarket 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.
Read MoreUSD alternatives like spot gold, crude oil, and bitcoin gained at weak U.S. reports. Luckily, the dollar regained its losses against its FX counterparts.
Read MoreU.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?
Read MoreDollar 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!
Read MoreAustralia’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?
Read MoreAsset 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?
Read MoreInflation figures from Canada surpassed market estimates, as headline inflation came in at 2.9% year-on-year in May. How did the Loonie react?
Read MoreMarket correlations seem to be off so far this week, as commodities edged higher while stocks and bitcoin tumbled. What’s up with that?!
Read MoreThanks 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.
Read MoreKnowing is not enough, we must apply. Willing is not enough, we must do.Johann Wolfgang von Goethe