Day

Earlier today, we found out that the unemployment rate in the U.K. ticked higher from 4.2% to 4.3% – the highest since late 2021 – in July even as the labor participation rate slipped from 79.1% to 78.9%. There were also 0.9K jobless…

Earlier today, we found out that the unemployment rate in the U.K. ticked higher from 4.2% to 4.3% – the highest since late 2021 – in July even as the labor participation rate slipped from 79.1% to 78.9%. There were also 0.9K jobless…

Looking for trade ideas to start the week?GBP/USD is trading around the 1.2500 major psychological handle ahead of the U.K.’s jobs report release. Will the report and this week’s market themes inspire traders to extend GBP/USD’s…

Our strategists leaned long on the Greenback this week as sentiment could refocus on potential hawkish Fed behavior if U.S. data came in strong. How did they do with a calendar filled with top tier events? Check it out! EUR/USD 30-min…

The coast is clear in terms of top-tier economic catalysts today, but can the U.S. jobless claims report spark some volatility like in the past weeks? Number crunchers are predicting a weak read this time, so the report might force the…

The BOC decision is comin’ right up, so I’ve got my eye on this major resistance test on USD/CAD. Which way might it go next? Check out the inflection points I’m watching on multiple time frames! USD/CAD: Daily & 15-min USD/CAD…

Gold, Retail Trader Positioning, Technical Analysis – IGCS UpdateGold prices fell the most in over one monthRetail traders turned less bearish on MondayDoes this bode ill for XAU/USD next? Recommended by Daniel…

And just like that, the RBA kept rates on hold for the THIRD statement in a row! Can this mean a reversal for GBP/AUD? On the short-term time frame, a double bottom formation can be seen, with the pair already testing the neckline…

This dollar pair had a strong bearish reaction to Friday’s NFP, so it might be in for more downside early this week. But could it go for a short-term pullback or a sustained break below the latest lows? Here’s what I’m watching on the…

Our FX strategists had a solid week with two out of two solid strategies moved in their favor, while the other two were quickly invalidated by fundamental data. Read on to see more of how they did in what was a very busy week,…