FX Weekly Recap: July 17 – 21, 2023
Risk aversion dragged NZD to the bottom of the forex heap this week. Meanwhile, strong U.S. data inspired hawkish Fed bets and pushed USD higher.
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Risk aversion dragged NZD to the bottom of the forex heap this week. Meanwhile, strong U.S. data inspired hawkish Fed bets and pushed USD higher.
Read MoreEscalating tensions in Ukraine and resilient economic data from the major economies got traders pricing in higher interest rates and risk aversion.
Read MoreWe’ve got Canada’s retail sales figures comin’ right up, so I’m looking at this potential trend play on USD/CAD.
Read MoreSurprisingly strong Australian labor data and lowkey Chinese government stimulus measures boosted AUD earlier today. Will the AUD-buying lead to AUD/CAD breaking its downtrend?
Read MoreLooking for more opportunities to trade the news this week? Here’s another potential catalyst for GBP pairs!
Read MorePersistently high inflation data from New Zealand boosted NZD earlier today. Does this mean that AUD/NZD’s short-term rally is over?
Read MoreCan the RBNZ resume its tightening cycle anytime soon? The upcoming New Zealand quarterly CPI release might have some clues!
Read MoreYooo CAD/CHF is knocking on a short-term resistance level ahead of Canada’s CPI report! Will bears rush to sell CAD today?
Read MoreReady for another round of U.K. CPI data? Here’s what the upcoming release might mean for the BOE’s policy path and GBP price action.
Read MoreThe RBA is about to drop its latest meeting minutes! Will the event extend AUD/JPY’s downswing?
Read MoreThis week is filled to the brim with top-tier data releases, so make sure you’ve prepped for these potential profit opportunities!
Read MoreIt wasn’t the best of weeks for dollar bulls as the U.S. currency found itself trailing behind the forex pack after seeing downbeat inflation data.
Read MoreBusy week for traders as U.S. inflation rates continue to slow & downbeat Chinese data spurred stimulus hopes, all lifting risk assets higher along the way.
Read MoreCanada is printing its June inflation numbers a week after the BOC updated its monetary policies. How can the CPI release affect the Loonie’s prices?
Read MoreMarkets are in anti-JPY, pro-risk mood today! Will today’s trends be enough to inspire a short-term reversal for CAD/JPY?
Read MoreSlightly stronger than expected U.K. GDP is keeping GBP/USD afloat so far, but can it hold on to its gains when the U.S. PPI report is released?
Read MoreThe Kiwi tossed and turned after the RBNZ announced its policy decision today. Can NZD/USD sustain its climb?
Read MoreThe U.K. is about to drop its May GDP figures! Will growth figures encourage more rate hikes or a higher-for-longer stance from the BOE?
Read MoreWill the Fed resume tightening in July or will policymakers keep sitting on their hands? The upcoming U.S. CPI release might have some clues!
Read MoreYen pairs are on the move today! Can GBP/JPY go for another leg lower when the U.K. jobs figures are released?
Read MoreKeep your face to the sunshine and you cannot see the shadow.Helen Keller