Recap

It was a busy week for repricing monetary policy expectations, as central bank meeting minutes and top-tier data prints supported a longer period of high-interest rates for the major economies. Meanwhile, concerns over China’s growth…

Stronger-than-expected U.S. and U.K. data releases supported hawkish biases for the Fed and BOE, boosting both the U.S. dollar and British pound to the top of this week’s rankings. Meanwhile, China’s growth concerns kept a lid on the…

The market spotlight shifted to U.S. inflation data this week, as traders were keen to find out if the latest CPI figures would further support the peak rate hike cycle narrative. A couple of top-tier data points from China managed to…

Forex market players zoned in on Chinese data and U.S. inflation figures this week as these tend to strongly affect monetary policy expectations and sentiment.  These reports signaled potential slowing inflation and growth conditions on…

Global growth concerns and the prospect of “higher for longer” global interest rates got traders selling the comdolls and buying safe haven currencies this week. USD the most gains, helped along with higher bond yields from the U.S.,…

Just when we thought that a brand spankin’ new trading month would bring more asset-buying, high interest rate and global growth jitters dragged “risky” assets lower this week. That also meant that safe havens like USD and JPY dominated…

The spotlight was on the FOMC decision this week, but the ECB and BOJ policy shifts did their part to spark wild rides, along with a few other market surprises from China and Australia. A busy earnings calendar also allowed U.S. equities…

Another major central bank shifted its policy bias and spurred big moves this week! I’m talking about the ECB and its more dovish than usual announcement. This contrasted with the Fed’s stubbornly hawkish decision, which was later on…

Global growth and high interest rate concerns dragged the New Zealand dollar to the bottom of the forex heap this week. Meanwhile, strong U.S. data inspired hawkish Fed bets and pushed the U.S. dollar higher across the board. Missed the…

Escalating tensions in Ukraine and resilient economic data from the major economies got traders pricing in higher interest rates and risk aversion. No wonder commodity-related currencies like NZD tanked while safe havens like the Swiss…