Forex Previews

US jobs data and Powell’s speech eyed as dollar rally stalls – Forex News Preview

There’s a storm of critical events this week that will shape the US dollar’s trajectory, including a speech by the Fed boss on Wednesday and the latest employment report on Friday.

Will Eurozone inflation alter ECB policy expectations? – Forex News Preview

With Eurozone inflation surging to 10.6% year-on-year in October, investors have shifted their bets to another 75bps hike when the ECB meets on December 15, and last week’s meeting minutes added credence to that view.

Week Ahead – Decisive week for the dollar as PCE inflation and NFP reports coming up

After the Thanksgiving downtime that generated some further weakness for the greenback, investors will be looking for fresh direction from the barrage of US economic data that will be dominating the agenda in the coming week.

Eurozone business surveys: Is the recession here? – Forex News Preview

The latest PMI business surveys from the euro area will hit the markets early on Wednesday, starting with the French numbers at 08:00 GMT.

Will the Fed minutes shed light on rates’ coming path? – Forex News Preview

Despite the latest efforts by several Fed officials to douse market speculation with regards to an imminent pivot, investors are still pricing in almost two quarter-point rate cuts by the end of 2023.

RBNZ might need to slam the brakes in November as economy heats up – Forex News Preview

The Reserve Bank of New Zealand will hold its last policy meeting of the year on Wednesday (01:00 GMT) and another rate hike is on the cards.

Week Ahead – Fed minutes, RBNZ decision, and business surveys on tap

Another busy week is coming up for FX markets, featuring the minutes of the latest FOMC meeting and a rate decision in New Zealand that investors are split on.

Will Japan’s CPI inflation help the yen's recovery? – Forex News Preview

Japan will update its CPI inflation data on Thursday at 23:30 GMT, with investors projecting a bold acceleration in the pace of price increases.

Will Australian jobs report justify the RBA’s need for caution? – Forex News Preview

Employment numbers out of Australia will be watched on Thursday (00:30 GMT) as the country’s central bank ponders how much further to tighten policy.

Wounded US dollar turns to retail sales for direction – Forex News Preview

Hopes that inflation is finally cooling down led traders to unwind bets that the Fed will raise rates beyond 5%, dealing a heavy blow to the US dollar last week.

The Canadian CPI report is coming out on Wednesday at 13:30 GMT and if it is strong, the Bank of Canada is more likely to increase rates by 50 bps than 25 bps at its meeting on December 7.

Pound traders turn gaze to UK inflation data and budget announcement – Forex News Preview

Despite the UK economy contracting by less than expected in Q3, investors continued to scale back their BoE rate-hike bets.

Week Ahead – Spotlight turns to pound and non-US data after dollar bruising

After another US inflation surprise, CPI data will be dominating the agenda in most other markets in the coming week, shifting the focus away somewhat from the greenback.

Is the UK economy one step closer to recession? – Forex News Preview

Following last week’s dovish triple hike by the Bank of England, pound traders are now likely to turn their attention to the first estimate of the UK GDP for Q3 due out on Friday at 07:00 GMT.

Dollar gears up for another crucial US inflation report – Forex News Preview

The latest batch of US inflation data will be released at 13:30 GMT Thursday, and will be absolutely crucial for the dollar’s fortunes.

Week Ahead – Brace for US midterm elections and inflation data

There are only a handful of events next week but they will be crucial for markets. A divided Congress is the most likely outcome when Americans go to the ballots, setting the stage for two years of political deadlock.

Can nonfarm payrolls add momentum to the US dollar? – Forex News Preview

With the Fed meeting out of the way, investors will turn to the latest US employment report that is out at 12:30 GMT Friday.

Bank of England might disappoint amid uncertainties about the budget – Forex News Preview

The Bank of England will announce its latest policy decision on Thursday at 12:00 GMT in what will be its first gathering since the mini-budget debacle that sparked turmoil in global financial markets.

The Canadian employment data will be released on Friday at 12:30 GMT and will be the main focus for the loonie.

Will the Fed confirm hopes of slower tightening? – Forex News Preview

Although the dollar ended last week on a positive note, it’s been trading in a corrective fashion overall for more than a week now, due to growing speculation that the Fed may soon need to start reducing the pace of its rate increases.

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