Weekly Market Wrap

Welcome to this week's Market Wrap. We appreciate you taking the time to join us. It was a week of mixed outcomes, with some notable events shaping the market. The unexpected rate hike by the RBA provided a boost to the AUD, while the Bank of Canada also made a decision to...

Welcome to this week's wrap-up. Unsurprisingly, the U.S. debt ceiling agreement took center stage as the primary concern in the market. Throughout the week, the bill made its way through the legislative process and ultimately passed, triggering notable reactions in risk...

We appreciate your presence as we conclude another eventful trading week. Thank you for joining us. The USD was a top gainer this week, pushing higher and knocking risk majors lower. The AUD was the hardest hit, while the JPY took a mini breather and did try to push at a...

Interesting week, the USD breakout continued, and USDJPY joined in with a break above key resistance. That level had stood since December 2022. Due to the USD strength and JPY weakness, we saw a mixed week from the risk majors to the safe havens.

Mainly risk markets took a breather this week, despite CPI and PPI data coming in lower than expected. CPI Year-on-year dropped to 4.9% and while high, continues the trend of better figures. Traders are speculating if we might now see a hold from the Fed in the next meeting.

Hi, and welcome to this week’s wrap traders. Our weekly report examines some of the moves and news as we get set to close the trading week. This week was far from boring, as we saw plenty of volatility. The RBA got the AUDUSD going with a surprise rate hike. The AUDJPY...

This week has been marred by ranges and low volatility across multiple classes, with sellers continuing to take control from yesterday. Oil and Cryptos started the slump earlier in the week with solid moves lower. Oil dropped over 6%, Bitcoin over 7%, and Ethereum over 8%.

US inflation was in focus this week, with US CPI and PPI being released. The data came in lower than expected and combined with fed comments suggesting the banking crisis might not be over yet and could also be a US recession risk, this did the USD no favors, and it continues...

The banking saga deepened this week and looked like all hell could have been about to break out after Credit Suisse was added to the list.