It’s the third week of the month, which means it’s time for a fresh batch of global PMI readings! We’ll also get word from Australia’s and Switzerland’s central banks on…
Category: Forex
Event Guide: RBA Monetary Policy Statement (September 2024)
RBA members are feeling pressured as they continue to keep interest rates high despite cooling price pressures and slowing economic growth. What are the markets expecting from the event and how…
Premium Forex Watch Recaps: Sept. 16 – 18, 2024
This week our currency strategists focused on the Canadian CPI update and the Australian employment update for potential high-quality setups. Out of the four scenario/price outlook discussions this week, two discussions arguably…
4 Questions To Ask Yourself When Chasing A Big Move
Financial markets are off to a pretty good start this year, as we’re seeing sizable rallies left and right. It can be tempting to hop in those huge price swings while they’re…
FX Weekly Recap: September 16 – 20, 2024
Although the FOMC decision was the main event on everyone’s radars, there was no shortage of top-tier economic updates that pushed major currencies around throughout the week.
Global Market Weekly Recap: September 16 – 20, 2024
It was a hectic week in the global financial markets, as the FOMC decision took center stage while crude oil made some big moves of its own. This Article Is For Premium…
Chart Art: Bitcoin (BTC/USD) Is Approaching a Major Resistance Area!
Risk-taking and anti-USD sentiment are extending bitcoin’s gains against the U.S. dollar! How high will BTC/USD fly before the OG crypto goes back to its longer-term downtrend? If the downtrend picks up,…
Daily Broad Market Recap – September 19, 2024
It was another busy day as traders digested the Fed’s latest rate cut, BOE’s decision to stand pat, better-than-expected U.S. data, and developing stories in the Middle East. Which assets took advantage…
BOE Kept Rates at 5.00% and Emphasized Its ”Gradual” Approach to Easing
In an 8-1 vote, Bank of England (BOE) members voted to keep their official bank rate at 5.00% in September. Swati Dhingra, a known dovish member, voted for another 25bps rate cut…
Daily Broad Market Recap – September 18, 2024
With the Fed announcing a larger 0.50% interest rate cut and suggesting more easing to come, how did financial markets react to the news? Did we see a uniform reaction among major…