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FX Weekly Recap: May 1 – 5, 2023

It was a crazy busy week for forex traders as they had to balance the release of a cornucopia of top-tier economic indicators, including the latest U.S. employment update and THREE major central bank policy statements. AUD and NZD took…

FX Weekly Recap: Apr. 24 – 28, 2023

Resurfacing banking sector woes, US recession fears, and debt ceiling concerns kept risk-off flows in for the better part of the week, weighing on higher-yielding currencies. Despite their safe-haven appeal, the dollar and the yen are…

FX Weekly Recap: Apr. 17 – 21, 2023

Forex volatility rose this week thanks to high-profile economic releases, prompting traders to re-price their monetary policy expectations. The US dollar was all over the charts as traders priced in higher Fed rates simultaneously and…