Australia’s October inflation report is due and if last week’s data is any indicator, we may see stronger consumer price pressures for the month. Our Event to the October CPI release…
Month: November 2024
FX Watch: AUD/JPY and AUD/CAD Inflection Points if Australia’s CPI Reflects Sticky Inflation
Australia has its CPI report lined up this week, and traders are keen to find out if sticky price pressures are still likely to keep the RBA hawkish. Our Event Guide…
Event Guide: Australia’s CPI Report (October 2024)
Heads up, Aussie traders! The Land Down Under has its October CPI report up for release soon, likely influencing RBA monetary policy expectations. Here are the points you need to…
Week Ahead in FX (Nov. 25 – 29): RBNZ, FOMC, and Global Inflation in Focus
Get ready for a jam-packed week of central bank action and economic releases that could shake up the markets’ rate cut expectations! From the RBNZ’s bold easing move to a slew…
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.
Global Market Weekly Recap: November 18 – 22, 2024
It was a crazy week in the global markets that saw safe haven assets rally on escalating Russia-Ukraine tensions, with gold surging from $2,580 to $2,670 and oil climbing toward $70.40. Bitcoin…
Why You Should Constantly Question the Market
Forex traders always harp about maintaining discipline and always following the trading plan. But while having discipline is a very important trait for a trader, we also have to be wary that if we’re…
Chart Art: EUR/NZD Testing Head and Shoulders Neckline
Is EUR/NZD in for a major trend reversal soon? I’m seeing a head and shoulders pattern on the 4-hour chart, with price currently testing the neckline support. Better not miss a potential…
Chart Art: Silver (XAG/USD) Still in Correction Mode?
While gold seems to have resumed its rally, silver is still struggling to attract buyers during its ongoing pullback. Could it be in for a reversal soon? Better keep your eyes peeled…
Daily Broad Market Recap – November 21, 2024
Geopolitical tensions between Russia and Ukraine were still front and center, driving safe-haven assets higher for yet another day. Bitcoin struck fresh record highs yet again, partly driven by increased ETF interest,…