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
All eyes and ears were on the European Central Bank (ECB) decision, plus another batch of U.S. inflation data. How did the markets react to these catalysts?
https://www.babypips.com/news/daily-broad-market-recap-2024-04-12
Greetings forex friends! It looks like the European Central Bank held interest rates as-is & signaled June as the first cut month if data warrants it.
https://www.babypips.com/news/forex-news-ecb-holds-june-cut-possibility-2024-04-11
It was a BUSY trading day for traders, who saw RBNZ and BOC’s policy decisions AND priced in a hotter-than-expected U.S. inflation read.
https://www.babypips.com/news/daily-broad-market-recap-2024-04-11
As expected, BOC kept its rates at 5.00% in April. Gov Macklem also hinted of a June rate cut. So why did CAD trade higher?
https://www.babypips.com/news/forex-news-boc-june-cut-in-the-realm-of-possibilities-2024-04-10
The U.S. Consumer Price Index (CPI) rose by 0.4% m/m in March, inline with February’s inflation rate but a tick above the 0.3% m/m forecast.
https://www.babypips.com/news/forex-news-us-cpi-hot-2024-04-10
The RBNZ kept its interest rates at 5.50% as the markets had expected! How is the New Zealand reacting to the news so far? We have the deets!
https://www.babypips.com/news/forex-news-rbnz-restrictive-stance-remains-necessary-2024-04-10
Gold prices rose for another day while oil, bitcoin, and U.S. bond yields traded lower despite a lack of major data releases. What’s up with that?!
https://www.babypips.com/news/daily-broad-market-recap-2024-04-10
Gold, crude oil, U.S. bond yields, bitcoin, and USD/JPY all made notable highs despite the lack of economic data releases. What’s up with that?!
https://www.babypips.com/news/daily-broad-market-recap-2024-04-09
Central banks are back under the spotlight with the RBNZ, BOC, and ECB sharing their April decisions while the Fed prints its March meeting minutes.
https://www.babypips.com/analysis/forex-weekly-outlook-2024-04-08
The U.S. calendar was action packed with top tier events, including jobs & business sentiment data that influenced price action across the major currencies!
https://www.babypips.com/analysis/forex-weekly-recap-2024-04-05
Geopolitical tensions made for big gains in oil and gold, while U.S. jobs data gave traders less reasons to price in Fed cuts. What happened and how did it all play out!
https://www.babypips.com/analysis/global-weekly-market-recap-2024-04-05
Safe haven assets rose near the end of the U.S. session as traders worried about Iran possibly making retaliatory strikes against Israel.
https://www.babypips.com/news/daily-broad-market-recap-2024-04-05