Week Ahead: May NFP, Bank of Canada and ECB Rate Decisions

US consumer and producer prices to be main focal point. UK economic output data to be watched too. But Trump and tariff headlines might be a bigger market driver. Trump rattles markets with tariff games With the initial central bank decisions of 2025 out of the way, it will be somewhat of a quieter week. […]

The Australian dollar gained ground earlier but has reversed directions and has edged lower. In the European session, AUD/USD is trading at 0.6778, down 0.24% at the time of writing. RBA maintains cash rate at 4.35% The Reserve Bank of Australia held the cash rate at 4.35% for a seventh straight time today. The markets […]

USDJPY continues to trend lower within larger bear channel and fell to five-month low on Thursday as dollar remains under increased pressure from trade war uncertainty and Fed’s dovish shift. Fresh probe below important Fibo support at 149.22 (50% retracement of 139.57/158.87 ascend) looks for final weekly close below this level (after repeated failure in […]