Recap

Geopolitical and economic news flow stayed elevated this week, with both good and bad developments keeping price action mostly in a range. The War premium faded a bit early on as major escalation from Israel was pushed back through…

The Aussie dollar took the top spot this week, closely followed by the Japanese yen, both likely bid higher after strong inflation updates hit the wires from their respective countries. And unfortunately for Loonie bulls, the Canadian…

Middle East conflict developments, inflation updates and interest rate expectations continued to dominate the markets this week. These themes and other drivers prompted no sight of the usual risk behaviors and correlations between the…

Inflation expectations, bond yields, and the Israel-Hamas war dominated headlines once again. But we also saw plenty of other headlines from around the globe shake up how traders were pricing in forex sentiment this week. What were the…

Along with continued speculation of future interest rates and economic growth outlooks, traders had to balance the terrible geopolitical news of terrorist attacks and war in the Middle East, prompting unusual behavior between the FX…

Geopolitical news came to the forefront of traders’ focus, sparking big financial market moves to start the week. From there, traders had to balance geopolitical drivers with a heavy dose of central bank speak from around the globe, and…

For most of the week, the U.S. dollar dominated the majors, but after the highly anticipated U.S. employment update on Friday, the Greenback finally gave up its crown to the European currencies with the Swiss franc taking the top spot.…

October is here, and you know what that means: another round of top tier events to start the month, including the monthly monster U.S. employment update! Traders patiently awaited the event before making big moves, patience that was…

Currency performance was pretty mixed this week, likely the result of traders balancing U.S. dollar dominance & individual currency narratives. But after a big Dollar pullback on Thursday that it couldn’t fully recover from, the…

The U.S. dollar and surging bond yields stole the show this week, staying in positive territory throughout, supported by hawkish central bank rhetoric.  Unfortunately this was the worst environment for gold bulls. Not caught up on the…