Market News

Dollar domination was the name of the game, as risk-off vibes lifted the safe-haven currency across the board while dragging commodities south. Take a look!

Australia’s May CPI report blew market expectations out of the water, as headline inflation surged from 3.6% to 4.0% year-over-year in May. How did AUD pairs react?

Asset classes still seemed to be marching to the beat of their own drums on Tuesday, as equities rebounded while commodities were in the red. What’s driving the markets these days?

Inflation figures from Canada surpassed market estimates, as headline inflation came in at 2.9% year-on-year in May. How did the Loonie react?

Market correlations seem to be off so far this week, as commodities edged higher while stocks and bitcoin tumbled. What’s up with that?!

Thanks to the Bank of Canada’s (BOC) shift to a more dovish stance this month, traders are paying extra close attention to Canada’s CPI figures to gauge if another cut is due soon.

Traders are in for a relatively less busy economic calendar with the spotlight on inflation updates from Japan, Canada, and Australia.

The Aussie and Loonie dominated FX price action while the Japanese yen saw downtrends despite rate hike talks from the BOJ. What’s up with that?!

The markets were trading on headlines-specific price action before top-tier reports later in the week inspired adjustments to central bank biases.

The market spotlight was focused on a couple of major central bank announcements, with one delivering a surprise rate cut. How did the rest of the asset classes fare?

As expected, the Bank of England (BOE) kept interest rates on hold at 5.25% in a 7-2 MPC vote this June. However, the central bank had some hints about their future policy moves.

Contrary to consensus expectations of no change in policy, the Swiss National Bank (SNB) delivered another surprise rate cut of 25 basis points in this week’s announcement.

The major assets traded in ranges as traders stayed on the sidelines during a U.S. bank holiday and ahead of this week’s anticipated reports.

The U.K. saw easing inflation in May but the British pound gained pips on its counterparts. What’s up with that?!

With U.K. annual inflation reaching the central bank’s target, will the Bank of England (BOE) finally cut interest rates? Or will they still opt to keep policy unchanged for now?

Weak retail activity in the U.S. drew in growth concerns and lowkey weighed on the U.S. dollar. So why did U.S. stocks extend their gains?

RBA kept its interest rates at 4.35% as expected. However, the Board considered a rate hike while members saw increased inflation risks.

This week’s U.K. CPI release might be a big mover since it comes just a day ahead of the Bank of England’s (BOE) policy decision.

A lack of fresh catalysts sent financial assets all over the charts yesterday. Which headlines influenced your closely watched charts?

It’s shaping up to be another hectic week in the forex market with THREE major central bank announcements on deck!