Analysis

This week proved to be rough for risk assets as market players had to price in top tier less optimistic news & data, most notably jobs updates from the U.S.

After BOC’s event, Canada’s jobs data could cause increased volatility among CAD pairs. What are the markets expecting from the event anyway?

We’ve got another NFP report comin’ up before the FOMC announces its September rate decision. Can this still influence their policy bias?

GBP/CAD has been in a downtrend after hitting a previous resistance area. Will the pair extend its downtrend after the BOC publishes its policy decision?

This Loonie pair is testing a long-term area of interest and is forming a short-term reversal pattern ahead of the Bank of Canada’s (BOC) rate decision. Can EUR/CAD gain traction on its potential uptrend?

The BOC is expected to cut its rates for a third meeting in a row this week! How can the decision affect CAD’s performance against its counterparts?

USD/CHF is fast approaching a potential resistance zone ahead of the release of closely watched U.S. labor data. Can dollar bulls maintain their momentum?

This dollar pair seems to have hit a bottom after last week’s somewhat positive U.S. data releases. Can it keep climbing during the release of the August ISM manufacturing PMI?

Traders are in for a busy week with the BOC’s policy decision and global PMI updates adding to the usual U.S. NFP drama.

The highly-anticipated NFP report may be the main event on everyone’s radars this week, but the upcoming ISM manufacturing PMI could generate a strong reaction from USD early on.

This week our Forex strategists focused on inflation & GDP data, specifically from Australia & the U.S. for potential high quality setups & likely net positive outcomes

Forex price action was all over the place, with traders looking to individual catalysts for direction in the first half of the week.

The major assets were everywhere as they took their cues a bit more from individual asset catalysts over broad risk sentiment narratives. Which headlines made the biggest waves?

USD/JPY has been trading lower since mid-August when the pair turned lower from the 149.50 levels. Is the pair ready to reverse its downtrend?

I’m seeing a steady uptrend on the hourly chart of AUD/USD, but it looks like the pair is stalling at its August highs. Could it go for a pullback or a break higher?

Who’s ready for the first round of revisions on the U.S. Q2 2024 GDP? Better read up on what markets are expecting for the event and how the dollar could react.

AUD/CAD looks ready to reverse its August trend! Will Australia’s monthly inflation report help turn the tides for Aussie and Loonie traders?

I’ve got this simple GBP/AUD range setup on my radar ahead of Australia’s inflation report. Will we see a bounce or a break?

Heads up, Aussie traders!

We’ve got the Land Down Under’s latest inflation report comin’ right up and potentially setting the tone for RBA policy expectations ahead.

The market spotlight is on inflation updates from major economies this week, with the U.S. core PCE price index potentially being the star of the show.