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FX Weekly Recap: July 10 – 14, 2023

This has not been the best of weeks for the dollar bulls as the greenback found itself lagging behind the forex pack after seeing downbeat inflation data from the US. Not only have these hopes of a future rate hike by the Fed been…

FX Weekly Recap: July 3 – 7, 2023

It was an unfortunate week to be a comdoll buyer as global growth concerns got mixed in with hawkish Fed expectations to create a generally risk-averse trading environment, lifting the yen to the top spot for the week. We also saw the…

Weekly Market Outlook (03-07 July)

Upcoming events:Monday: Early Close for US Holidays, Swiss CPI and US ISM Manufacturing PMI.Tuesday: US Independence Day, RBA policy decision.Wednesday: China services PMIs, FOMC meeting minutes.Thursday: EZ Retail Sales, US ADP, US…

FX Weekly Recap: June 26 – 30, 2023

Traders balanced the really heavy economic calendar, focusing on global inflation figures and central bank rhetoric in the first half of the week, while US updates sparked rapid bouts of extreme volatility throughout. The central bank's