Market News

Saying that this week was an eventful one would still be an understatement, as market correlations were in flux and there was no shortage of big moves.

CAD/CHF’s pullback seems to have found a short-term bottom! Will it lead to the pair hitting new weekly highs in the next trading sessions?

The Bank of England (BOE) delivered a dose of tough love to the U.K. economy today, choosing to maintain interest rates at a lofty 5.25%.

The Swiss National Bank (SNB) surprised market observers on Thursday by cutting its main interest rate by 25 basis points to 1.50%.

This sterling pair is closing in on a strong support zone ahead of the BOE decision. Will it bounce or break?

The Federal Reserve Open Market Committee gave their latest monetary policy statement today, holding the target range at 5.25% to 5.5%, as widely expected.

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?