Missed the range breakdown on EUR/CAD? The pair seems to be in the middle of a correction to the area of interest, but will it keep holding? Take a look at these…
Category: Forex
FX Watch: Cooler UK CPI Could Trigger Bearish Moves in GBP/JPY and GBP/NZD
All eyes will be on the latest U.K. CPI reports that may hint at the Bank of England’s (BOE) policy decision in December. Our Event Guide for the U.K. October CPI…
FX Watch: GBP/CHF and EUR/GBP Approaching Inflection Points Before U.K. CPI Release
Will the upcoming U.K. CPI report keep the BOE on track with its gradual easing approach? Our Event Guide for the U.K. October inflation report points out a few leading indicators…
Daily Broad Market Recap – November 18, 2024
The dollar slipped on Monday as shifting Fed interest rate expectations weighed on the currency, while safe-haven flows into gold and oil picked up amid escalating Russia-Ukraine tensions. Despite the geopolitical jitters,…
How Fear Might Be Limiting Your Profitability
Experiencing fear while trading is normal, but it can get in the way of catching good market moves and being consistently profitable. Fear is considered as a basic survival mechanism. Without fear,…
Week Ahead in FX (Nov. 18 – 22): Global Flash PMIs Plus U.K. and Canadian CPI on Deck
We’ve got a fresh batch of leading economic indicators on this week’s docket! Apart from the global flash PMI readings, CPI reports from the U.K. and Canadian economy could also spur…
Chart Art: NZD/JPY Testing Long-Term Range Support
NZD/JPY has been cruising inside this range since last month, and it looks like another bounce off support is due. Or are we about to see a breakout soon? Check out these…
FX Watch: EUR/CAD and CAD/CHF Primed for Hot Canadian CPI Print
Canada may print sticky high or higher price pressures in October, which could ease the pressure on the Bank of Canada (BOC) to keep on cutting its interest rates. Our Event…
FX Watch: GBP/CAD and CAD/JPY Momentum Plays if Canada’s CPI Falls Short
Can Canada’s upcoming CPI figures boost Bank of Canada (BOC) easing expectations? Our Event Guide for Canada’s CPI Report listed a couple of underlying metrics pointing to weaker input price…
Event Guide: Canada’s CPI Report (October 2024)
With the Bank of Canada (BOC) still one of the more dovish central banks out there, can the upcoming Canadian CPI report boost their easing odds soon? Or are we about…