Safe haven currencies took L’s this week as weaknesses for USD and JPY got mixed with strong data releases from major economies.
https://www.babypips.com/analysis/forex-weekly-recap-2024-04-26
A fresh batch of PMI releases and central bank member speeches have encouraged a repricing of interest rate expectations in the markets!
https://www.babypips.com/analysis/global-weekly-market-recap-2024-04-26
The Japanese central bank kept interest rates on hold at <0.10% as expected while maintaining forecasts for next year's growth and inflation figures.
https://www.babypips.com/news/boj-kept-rates-unchanged-april-decision-2024-04-26
The dollar shrugged off a lower than expected growth figure for the first quarter of the year and still managed to pop higher against its peers. What’s up with that?
https://www.babypips.com/news/daily-broad-market-recap-2024-04-25
A strong U.S. economic release brought back “higher for longer” bets for the Fed! We’re taking a closer look at how the major financial assets reacted.
https://www.babypips.com/news/daily-broad-market-recap-2024-04-24
Consumer prices in Australia rose by 3.6% y/y in Q1 2024, slower than Q4 2023’s 4.1% read but above the 3.4% forecast.
The financial markets traded with mixed results as the major assets reacted to individual catalysts. How did your favorite assets trade?
https://www.babypips.com/news/daily-broad-market-recap-2024-04-23
Major financial assets saw volatility as traders priced in easing geopolitical concerns in the Middle East and their optimism for this week’s data and earnings reports events.
https://www.babypips.com/news/daily-broad-market-recap-2024-04-22
It’s another busy trading week filled with top-tier U.S. data points, global PMIs, inflation data, and a central bank announcement!
https://www.babypips.com/analysis/forex-weekly-outlook-2024-04-22
Monetary policy biases were still front and center, with major currencies taking cues off fresh inflation updates and central bank rhetoric.
https://www.babypips.com/analysis/forex-weekly-recap-2024-04-19
The week started and ended with a strong focus on geopolitical tensions, but a whole lot of tossing and turning still happened in between. Read on to find out what went down!
https://www.babypips.com/analysis/global-weekly-market-recap-2024-04-19
Improved risk sentiment started the U.S. dollar on weak footing, but a few U.S. data releases soon turned the tide for the Greenback.
https://www.babypips.com/news/daily-broad-market-recap-2024-04-18
Markets were having a pretty chill time during the Asian market hours before all hell broke loose in the latter trading sessions. What’s up with that?!
https://www.babypips.com/news/daily-broad-market-recap-2024-04-17
Australia reported net 6.6K job losses in March 2024 instead of the estimated 7.2K increase in hiring. What else did the underlying figures reveal?
The dollar was the king of pips early in the day, but divergences soon emerged when central bank officials shared insights on monetary policy.
https://www.babypips.com/news/daily-broad-market-recap-2024-04-16
New Zealand just printed its Q1 2024 CPI figures, with the headline reading coming in line with expectations of a 0.6% quarterly uptick.
https://www.babypips.com/news/forex-news-new-zealand-cpi-sticky-inflation-2024-04-17
A combination of risk-off flows and upbeat U.S. retail sales data lifted the Greenback against its counterparts in the past trading sessions.
https://www.babypips.com/news/daily-broad-market-recap-2024-04-15
The spotlight is on inflation this week, as Canada, the U.K. and New Zealand will be releasing their latest CPI figures. Here’s what you need to know.
https://www.babypips.com/analysis/forex-weekly-outlook-2024-04-15
The dollar was king of pips thanks to a strong U.S. CPI report that supported a “higher for longer” interest rate environment for the Fed.
https://www.babypips.com/analysis/forex-weekly-recap-2024-04-12
It was another busy week as geopolitics, top-tier economic data releases and central bank events encouraged a repricing of interest rate cut bets.
https://www.babypips.com/analysis/global-weekly-market-recap-2024-04-12