FX Weekly Recap: October 28 – November 1, 2024
Data points from Uncle Sam were front and center for the most part of the week, as market watchers paid close attention to jobs-related reports ahead of the NFP release.
Read MoreData points from Uncle Sam were front and center for the most part of the week, as market watchers paid close attention to jobs-related reports ahead of the NFP release.
Read MoreThere’s nothing wrong with setting high expectations, but problems could arise when you set unrealistic ones.
Read MoreA recovery in oil prices just pushed WTI crude oil higher from a key technical support zone. Will this lead to USOIL revisiting higher areas of interest?
Read MoreThe U.S. dollar pulled back some of its weekly gains after an advance GDP reading disappointed. Are we looking at an opportunity to buy the dollar at lower levels?
Read MoreUncle Sam is about to drop its October labor market numbers! Will the results inspire repricings of interest rate cut expectations for the Fed?
Read MoreFor forex traders, there are three general types of self-talk that we usually engage in, each of which has both positive and negative implications to it.
Read MoreIs there a chance the Bank of Japan (BOJ) can sound more upbeat in this week’s policy statement? Check out these potential breakouts setups I’m watching on NZD/JPY and CHF/JPY!
Read MoreIf Japan’s recent data are any clue, BOJ members may have less room to maintain their hawkish biases in October. Will this lead to more yen weakness?
Read MoreWill the BOJ sit on its hands for yet another meeting? Here’s what markets are expecting for the upcoming central bank announcement!
Read MoreDo you think Australia could post another hotter-than-expected CPI report and keep hawkish RBA expectations in play? Check out these potential support zones on AUD/NZD and AUD/CHF!
Read MoreUSD/CHF can’t seem to bust through a key technical resistance zone! Is it time to short the Greenback against its fellow safe haven?
Read MoreIf Australia’s inflation eases as the markets expect, RBA members may be convinced to shift to a more dovish stance which could weigh on the Aussie.
Read MoreWill the upcoming Australian CPI release reinforce the RBA’s monetary policy stance? Or will the inflation numbers convince policymakers to change their bias in their next meeting?
Read MoreThe tech-heavy Nasdaq 100 ETF finds itself at a critical juncture just as tech giants prepare to release earnings! Will earnings fuel a sustained breakout above the rising wedge?
Read MoreMost home-based traders face more kinds of distractions that can take their eyes and mind off trading. Here are some tips on staying focused.
Read MoreCable has just halted a downswing around a potential technical support zone! Will GBP/USD find enough demand at the level to extend a long-term trend?
Read MoreAs the BOJ, global data releases, and U.S. jobs take the stage, traders will be sizing up each report for clues on future rate paths and growth momentum.
Read MoreThis week our currency strategists focused on the Bank of Canada interest rate statement and the Euro Area PMI survey updates for potential high-quality setups.
Read MoreRising U.S. yields and geopolitical tensions dominated this week, driving safe-haven flows and broad dollar strength. We’re detailing how the major currencies moved around!
Read MoreWe saw a tug-of-war between rising bond yields and safe haven flows, as investors digested mixed data, inflation and geopolitical concerns, and election-related uncertainties.
Read MoreWinners never quit and quitters never win!Vince Lombardi