Recap

The market spotlight was mostly on the U.S. inflation updates this week as interest rate expectations continue to strongly affect overall risk sentiment. Confirmation that U.S. inflation rates continue to slow from high inflation levels,…

It wasn’t the best of weeks for dollar bulls as the U.S. currency found itself trailing behind the forex pack after seeing downbeat inflation data from the U.S. Not only did these dampen hopes for future Fed rate hikes, but the weak CPI…

A lack of non-U.S. top-tier economic releases sure didn’t stop traders from moving the major currencies around this week! After all, they had growth concerns on their minds in the first half of the week and then had to price in a hawkish…

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…

The spotlight turned to China and the U.S. for the most part of the week, as updated Chinese GDP forecasts and net better-than-expected U.S. economic updates stole the show. Hawkish central bank rhetoric during the ECB Forum on Central…

Traders balanced a really heavy economic calendar, with global inflation figures and central bank rhetoric taking focus in the front half of the week, while U.S. updates sparked quick bouts of heavy volatility throughout. Central bank…

Risk-takers took a chill pill this week, as persistently high inflation got central banks planning more interest rates, which got traders worrying about lower growth. It didn’t stop bitcoin bulls from pushing BTC/USD to a key technical…

A busy week for central banks means forex playas had a lot of repricing to do!Less-hawkish-than-expected meeting minutes from the BOJ and RBA dragged the Australian dollar and the yen throughout the week, while growth concerns also…

Central bank developments, particularly the FOMC statement, hogged the spotlight for most traders the majority of the week. Downbeat data from China also garnered some attention, lifting expectations for more policy stimulus, keeping…

It was a slow start to the trading week before market players started placing their bets ahead of the major catalysts, particularly the U.S. CPI report and three central bank decisions. Top-tier U.S. events turned out to be a bit of a…