Word on the street is that the RBNZ is about to cut its interest rates by as much as 50 basis points! How may NZD react to the news? We’re…
Category: Forex
Daily Broad Market Recap – November 25, 2024
Markets showed notable volatility on Monday, likely influenced by the announcement of Scott Bessent as the upcoming U.S. Treasury Secretary nominee, while traders also digested mixed economic data and geopolitical developments. What…
When Is It Okay to Trade Against The Trend?
Some days most forex pairs are just going in one particular direction and it makes no sense to go against the herd. However, if you’re a fan of picking tops or bottoms…
Premium Watchlist Recap: Nov. 18 – 19, 2024
This week our currency strategists focused on the Canada’s CPI Report (October 2024) and U.K. CPI Report (October 2024) for potential high-quality setups. Out of the eight scenario/price outlook discussions this week,…
FX Watch: GBP/AUD and AUD/CHF to Reflect AUD Weakness in Case of Cooler Australian CPI
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…
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…