Weekly

The week’s primary focus revolved around central bank actions in response to persistent inflation and economic slowdown signals. The New Zealand dollar emerged as the top-performing currency, while the British pound struggled to last…

UPCOMING EVENTS:Monday: NZ Services PMI, US NAHB Housing Market Index.Tuesday: RBA Meeting Minutes, Canada CPI, US Building Permits and Housing Starts.Wednesday: PBoC LPR, UK CPI, BoC Summary of Deliberations, FOMC Policy…

Risk currencies were strutting their stuff like they just won a Super Bowl thanks to positive economic updates from the U.S. and from China pulling out fresh ways to stimulate their economy. We guess that traders are all in for that…

Risk assets were generally on top this week thanks to net positive economic updates from the U.S. and stimulative efforts from China, supporting “soft landing” bets. Meanwhile, European currencies like EUR, GBP, and CHF lost pips as…

UPCOMING EVENTS:Tuesday: UK Labour Market report, German ZEW, US NFIB Small Business Optimism Index.Wednesday: Japan PPI, UK GDP, EZ Industrial Production, US CPI.Thursday: Australia Labour Market report, Japan…

Monday:ECB’s Wunsch (hawk – non voter) remains in favour of raising interest rates again:Underlying inflation remains persistent, may need more rate hikes.I’m inclined to say we maybe need to do a little bit more.The idea that…

It was another positive week for the U.S. dollar, which found support from speculations that the Fed will keep its interest rates higher for longer. But the same hawkish sentiments didn’t do the other major currencies favors, as weak…

The U.S. dollar had a stellar week thanks to updates showing the U.S.’s economic resiliency relative to the globe, building the case for another Fed rate hike ahead.The Loonie came in a close second thanks to a strong move higher in oil…

UPCOMING EVENTS:Monday: US and Canada Holiday.Tuesday: China Caixin Services PMI, RBA Policy Decision.Wednesday: Eurozone Retail Sales, US ISM Services PMI, BoC Policy Decision.Thursday: China Imports/Exports data,…

After a slow start, the major financial asset classes jumped into anti-Dollar mode thanks to a heavy U.S. calendar showing signs of economic growth cracking. This lifted prospects of the Fed nearing the end of its tightening cycle, which…