Tag: Weekly Market Wrap Up

It was another positive week for the U.S. Dollar (USD) as retail sales surprised to the upside, and the Fed continued its hawkish tone after the FOMC minutes.

The week started on a nervous note with more downgrades of US banks. The USD lifted on the news, and stock indices mainly traded lower.

The U.S. downgrade rattled confidence in stock markets. Selling continued into Thursday, but U.S. indexes found some reprieve after positive earnings data.

It was a surprising week with the USD making a fightback against risk, ending the week weaker with Gold and lots of action coming from the JPY this Friday.

The dollar found demand this week after being hammered in the previous week. Retail Sales data or next week's rate rise expectations? Whatever it was, the USD found some stability and spent most of the week on the rise.

What a week we ended up seeing. Things got going on Wednesday after US CPI came in lower, and the core figure fell. This set off another round of selling on the USD that continued into Thursday after the PPI also came in lower.

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...