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A lighter week for economic events, but markets will still be watching closely.

What’s on your FX radar this week? Comment below 👇

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@redbullnewyork

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Markets expect the Fed to keep rates unchanged today, but traders remain focused on guidance for the rest of 2026.

Which market do you think reacts most after the FOMC decision?
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Markets are gearing up for another busy week, with the G7 meeting, UK inflation data, FOMC minutes, flash PMIs, and retail sales all on the radar.

What’s your main focus?

As week 20 ends,

Let's have a look at how major FX pairs performed.

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US inflation came in hotter than expected, with CPI rising to 3.8% YoY vs 3.7% forecast.

Markets now reassess the path for Fed rate cuts.

Key inflation data, retail sales and GDP figures are in focus this week, alongside comments from ECB President Lagarde.

Which event do you think could drive the biggest FX move?

Let us know below.

The yen swung sharply as intervention fears, BoJ signals, and the US-Japan rate gap rattled USD/JPY.

USD/JPY dropped 2.52% from April 30 to May 5.

Comment below: More yen strength ahead?

The Aussie surged 3.52% in April as stronger commodity prices, upbeat China data, and RBA rate expectations boosted demand for AUD.

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