Market News

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.

The major assets traded in ranges as traders stayed on the sidelines during a U.S. bank holiday and ahead of this week’s anticipated reports.

The U.K. saw easing inflation in May but the British pound gained pips on its counterparts. What’s up with that?!

With U.K. annual inflation reaching the central bank’s target, will the Bank of England (BOE) finally cut interest rates? Or will they still opt to keep policy unchanged for now?

Weak retail activity in the U.S. drew in growth concerns and lowkey weighed on the U.S. dollar. So why did U.S. stocks extend their gains?

RBA kept its interest rates at 4.35% as expected. However, the Board considered a rate hike while members saw increased inflation risks.

This week’s U.K. CPI release might be a big mover since it comes just a day ahead of the Bank of England’s (BOE) policy decision.

A lack of fresh catalysts sent financial assets all over the charts yesterday. Which headlines influenced your closely watched charts?

It’s shaping up to be another hectic week in the forex market with THREE major central bank announcements on deck!

Major forex pairs drifted mostly sideways throughout the week, as dollar traders seemed inclined to wait for the U.S. CPI and FOMC statement to set the direction later on.

Major asset classes marched to the beat of their own drum, even as the highly anticipated U.S. CPI and FOMC statement events came to shake up the markets.

The BOJ voted to keep its policies steady but also delayed discussions regarding the reduction of its long-term bond purchases. What’s up with that?!

How did the major assets trade following the U.S. CPI data and the Fed’s June decision? We have the deets that you need to know!

The market spotlight was focused on U.S. top-tier events for the day, namely the CPI release and Fed statement, and these catalysts did not disappoint when it came to volatility.

The FOMC kept interest rates on hold as expected in their latest statement but surprised the markets by scaling down their easing expectations significantly.