Trade Ideas

We’ve got the U.S. core PCE price index (a.k.a the Fed’s preferred inflation measure) up for release this week! Will it support hawkish Fed bets or revive expectations for three interest rate cuts?

The U.S. is dropping its first revisions to the Q1 2024 GDP! Will it prompt Fed members to revisit their “higher for longer” stance?

Will the trend still be our friend on AUD/CAD once the Australian CPI report is released? The pair is closing in on its descending channel resistance on the hourly time frame.

AUD/JPY is testing a key technical resistance zone! Will Australia’s CPI figures convince Aussie bulls to extend the pair’s 2024 uptrend?

Will April’s CPI reports convince more members to reconsider the option? More importantly, how might AUD react to the news?

Central bank events and global PMIs were the top drivers, prompting our traders to cover a wide range of currencies, with a big focus on the U.S. dollar. 

Is Uncle Sam in for another round of disappointing PMI figures? If so, these might throw cold water on hawkish Fed bets and spur bigger moves for NZD/USD!

Last month’s U.S. PMIs caused quite a tumble for the Greenback. Will the May readings turn out any better and lift USD/CAD?

What are traders expecting and how can the U.S. manufacturing and services PMIs and how can they affect the dollar’s price action?

Will EUR/NZD extend its downtrend this week? Or will the RBNZ’s policy decision inspire an upside breakout for the Kiwi’s counterpart?

This Kiwi pair is still on a steady climb leading up to this week’s RBNZ announcement. Can it sustain its rally?

Kiwi traders, huddle up! We’ve got another RBNZ interest rate decision comin’ right up, so NZD pairs might be in for big moves. Read on to find out what to expect.

One of the first major economic releases during this busy trading week is Canada’s CPI report. Will we see a hotter inflation print that could dash BOC easing expectations?

GBP/USD is poised to make new May highs! Can headlines around this week’s U.K. CPI release propel the pair to new monthly highs?

Will EUR/GBP extend its short-term downtrend this week? Or will the U.K. CPI report provide the catalyst for a reversal?

Will the U.K.’s April inflation data support the BOE cutting its interest rates in the foreseeable future?

Global inflation updates and Fed speak were the top drivers this week, with a few country specific top tier economic events to create opportunities as well, including Aussie jobs data & U.S. CPI. 

This Aussie pair has been stuck in consolidation for a while and it looks like a big move is due soon. Can the Australian jobs report do the trick?

AUD/NZD is chillin’ inside a range pattern! Will the Aussie lose pips against the Kiwi when traders see this week’s anticipated reports?

Will this week’s labor market numbers convince traders (and RBA members) to look out for interest rate cuts in the foreseeable future?