Market News

JPY is still on shaky ground, as it continued to slide against its peers. But will the upcoming New Zealand GDP report spur a pullback for NZD/JPY?

Hey forex fam! The Reserve Bank of Australia (RBA) finally gave traders something to chew with a shift in tone, sending AUD quickly lower on the session!

The BOJ has officially exited its negative interest rates era! But why did USD/JPY pop up and just how high can it go?

China’s economic reports came in mostly upbeat today. Can these push AUD/JPY above this current ceiling?

Who’s ready for SIX central bank events this week?! And did I mention we’ve also got China’s data dump, top-tier inflation reports, Australia’s jobs data, and global flash PMIs?

The U.S. dollar got its shine back this week, leveling up off of fresh U.S. inflation data pointing inflation rates picking up the pace in February.

With a relatively light economic calendar, traders seemed to only make moves around U.S. inflation updates, which pointed to lower odds of rate cuts ahead.

Uncle Sam is about to release a preliminary gauge of consumer sentiment! After yesterday’s retail sales miss, how could the UoM index influence dollar pairs today?

EUR/USD looks ready to extend a downswing ahead of the U.S. CPI report! How will the pair react to the news?

The U.K. is about to print its February labor market data! Will the report help extend GBP/CHF’s short-term uptrend?

Traders are in for a relatively chill week as we get consumer and business activity and prices and the U.K.’s labor and monthly GDP,

It was an odd week of outcomes in FX, including big losses for USD and the Japanese yen surprisingly taking the top spot among the majors out of the blue!

It was a busy calendar once again, so lots of volatility bursts & a big Dollar bearish vibe overall that helped gold, bitcoin and equities hit new all-time highs this week. 

USD/JPY looks ready to bust out of its consolidation ahead of the anticipated U.S. NFP release! Will the pair see a breakout today?

Can the U.S. initial jobless claims report spur big intraday moves for USD pairs today? Check out this potential breakout I’m watching on USD/CHF.

The BOC is gearing up to make its monetary policy decision in a few! What might this mean for USD/CAD and its triangle pattern?

I’m watching this Aussie pair closing in on a key support level ahead of Australia’s quarterly GDP release. Can we see a bounce soon?

Downbeat data points from Australia seem to have AUD traders bracing for a weak Q4 2023 GDP reading. What’s next for GBP/AUD then?

Market players have a lot to watch out for this NFP week, including a couple of major central bank decisions and Australia’s quarterly GDP.

NZD was the biggest mover & loser this week, dropping big as the RBNZ shifted its policy bias, while JPY took the top spot on hawkish BOJ rhetoric.