FX Weekly Recap: November 18 – 22, 2024
Major currencies saw wild swings as Russia-Ukraine tensions escalated. Safe havens rallied on geopolitical fears while commodity currencies gained on rising oil prices.
Read MoreMajor currencies saw wild swings as Russia-Ukraine tensions escalated. Safe havens rallied on geopolitical fears while commodity currencies gained on rising oil prices.
Read MoreWe’re seeing the first readings of Euro Area business conditions in November! What trends should you watch out for and how does the euro usually react to the results?
Read MoreToday’s stronger-than-expected UK CPI print potentially sets up EUR/GBP for continued downside movement in the short-term. Will the bears step in for now?
Read MoreToday we saw a stronger-than-expected Canadian CPI print, potentially setting up CAD/CHF for a continued upside move in the short-term.
Read MoreWeak U.K. inflation readings would support BOE members’ expectations of “gradualism” and likely drag GBP lower against counterparts like NZD and JPY.
Read MoreWill the upcoming U.K. CPI report keep the BOE on track with its gradual easing approach? Here’s what I’m looking at on GBP/CHF and EUR/GBP if the actual figures meet or beat expectations.
Read MoreWill the CPI report support the Bank of England’s (BOE) gradual easing approach? Or will rate cut expectations pick up again on potentially weak results?
Read MoreCanadian CPI is expected to show persistent price pressures, all while CAD/CHF is testing trend line support and EUR/CAD is eyeing a key resistance.
Read MoreCan Canada’s upcoming CPI reports boost Bank of Canada (BOC) easing expectations? Here’s what I’m watching on GBP/CAD and CAD/JPY in case the inflation figures fall short again.
Read MoreThis week our currency strategists focused on the U.K. Employment Report & Australia’s Employment Report for potential high-quality setups. Let’s see how they played out!
Read MoreThe Land Down Under is gearing up to print its latest employment data, and a potential miss could be enough for traders to doubt the RBA’s hawkish stance. Here’s what I’m watching on AUD/NZD and EUR/AUD in this scenario.
Read MoreAustralia may added jobs in October, but at a slower pace compared to September. Here’s why we’re looking REALLY closely at AUD/CHF and AUD/CAD!
Read MoreAustralia is expected to add fewer jobs, which could fuel calls for an RBA interest rate cut. What are traders expecting from the event anyway?
Read MoreUnless the report’s components all point to a strong labor market and sticky high wage pressures, GBP traders could still price in further BOE rate cuts.
Read MoreWith the BOE emphasizing a “gradual approach” to easing, can the upcoming U.K. jobs release further dampen hopes of another interest rate cut soon? Here’s what I’m watching on GBP/CHF and GBP/CAD if that happens.
Read MoreThis week our currency strategists focused on the RBA Monetary Policy Statement and New Zealand Employment Report for potential high-quality setups & solid outcomes.
Read MoreNew Zealand’s Q3 2024 jobs report is coming up, and there’s buzz about a possible dip in hiring—fueling talk of an RBNZ rate cut!
Read MoreNew Zealand is expecting to see a dip in hiring for Q3 2024, but what if the actual figures surprise to the upside? Here’s what I’m looking at on NZD/CHF and NZD/CAD in case the jobs numbers beat market estimates.
Read MoreIs there a chance the RBA could shift to a less hawkish stance in their upcoming rate statement? Here are some trend continuation plays I’m watching on AUD/CAD and EUR/AUD in case that happens.
Read MoreThe RBA is kicking off this week’s central bank parade! If it stays committed to its inflation goals, AUD could gain an edge against some of its major counterparts.
Read MoreThe past does not equal the future.Anthony Robbins