Australia’s upcoming quarterly GDP release could make or break RBA policy expectations, as another strong print could support their hawkish views. Our Event Guide for the Australian Q3 GDP noted a…
Category: Forex
Week Ahead in FX (Dec. 2 – 6): Australian GDP, Canada’s Jobs Data & NFP Report Due
Only a handful of top-tier catalysts is on this week’s docket, but these major reports could still spark big moves in the forex market. The main focus could be the…
Event Guide: Australia’s GDP Report (Q3 2024)
The Land Down Under is about to print its economic report card for Q3 2024! Did growth improve slightly as the Reserve Bank of Australia (RBA) expected? Or were there weak…
Premium Watchlist Recap: Nov. 25 – 26, 2024
This week our currency strategists focused on the Australian CPI update and the RBNZ Monetary Policy Statement for potential high-quality setups. Out of the six scenario/price outlook discussions this week, two discussions…
FX Weekly Recap: November 25 – 29, 2024
JPY led majors while CAD struggled amid trade uncertainty & falling oil prices, highlighting how policy shifts and external factors shaped forex markets this week.
Global Market Weekly Recap: November 25 – 29, 2024
The final week of November delivered a mix of significant market developments, despite the shortened U.S. trading week due to a major U.S. holiday. From Scott Bessent’s surprise nomination as…
3 Tips for Developing Good “Atomic Habits” in Trading
If you’re a fan of self-improvement books like I am, then I’m sure you’ve heard of the book “Atomic Habits” by James Clear. In case you haven’t or if you’re not sure…
Chart Art: Resistance Zone Threatens Bitcoin’s (BTC/USD) Momentum
Bitcoin’s journey to $100,000 is hitting a snag as an area of interest limits bullish demand. Here’s a level you can watch if you’re waiting for bitcoin to moon (some more): Bitcoin…
Chart Art: Is AUD/USD Ready to Extend Its Downtrend?
End-of-month flows and a lack of fresh catalysts helped push AUD/USD back up from its November lows. We’ve spotted a potential resistance zone that might kickstart another downswing for the comdoll pair!…
Daily Broad Market Recap – November 28, 2024
The major assets took a chill pill on Thursday as traders priced in a lack of top-tier data releases and the U.S. markets out on Thanksgiving holiday. Some popular U.S. dollar counterparts…