Part 1: Weekly Performance Recap

Last week was productive, but the headline win rate needs to be read with some balance. The desk closed 40 trades across SOLUSD, USDCHF, NAS100, USDJPY, GBPUSD, GBPJPY, EURUSD, EURGBP, AUDUSD and US30, finishing with 34 wins, 5 losses and a net gain of 13.8 pips.

The main positive was consistency: losses were contained and the team avoided forcing size into choppy conditions. The modest net pip total also tells the real story. This was not a week of large directional follow-through; it was a week where execution, patience and quick risk reduction mattered more than conviction.

FX majors remained sensitive to rate expectations, while indices continued to react sharply around data and yield moves. Crypto exposure through SOLUSD required extra discipline, especially around thinner liquidity windows. Overall, the week was a controlled grind rather than an aggressive trend capture, which is often the right posture when macro markets are waiting for heavier data.

Part 2: Global Macro Weekly Outlook

Today is Sunday, so the focus shifts to preparation. The week ahead carries several high-impact catalysts, with Friday’s US labor market data likely to be the main volatility event. Traders should expect liquidity to become uneven around the major releases, particularly in USD pairs, yen crosses, gold proxies, indices and USD/CAD.

Monday: The week opens with US ISM Manufacturing PMI at 10:00 UTC. Manufacturing has not been the dominant driver compared with services, but it still matters for the dollar because it gives a read on demand, new orders and price pressures. A stronger print can support yields and the USD, while a weak print may revive growth concerns.

Tuesday: BOE Governor Bailey speaks at 10:00 UTC, putting GBPUSD, EURGBP and GBPJPY on watch. Markets will listen for any shift in tone around inflation persistence, wage growth and the timing of future policy adjustments. Later, Australian GDP q/q at 21:30 UTC will be important for AUDUSD and AUD crosses, especially if the growth number challenges current RBA expectations.

Wednesday: BOJ Governor Ueda speaks at 04:30 UTC. USDJPY and GBPJPY remain vulnerable to sharp repricing whenever the market senses a change in the Bank of Japan’s normalization path. In the US session, ADP Non-Farm Employment Change at 08:15 UTC and ISM Services PMI at 10:00 UTC will set the tone before Friday’s payrolls. ISM Services is likely to carry more weight than ADP because services inflation and employment remain central to the Federal Reserve outlook.

Thursday: RBA Governor Bullock speaks at 01:00 UTC, followed by another appearance from BOE Governor Bailey at 11:40 UTC. This keeps AUD and GBP exposed to headline risk. The key is not only what policymakers say, but whether their tone confirms or challenges current market pricing.

Friday: The major event cluster arrives at 08:30 UTC. Canada releases Employment Change and Unemployment Rate at the same time the US releases Average Hourly Earnings, Non-Farm Employment Change and Unemployment Rate. This creates a high-risk window for USD/CAD because both sides of the pair will receive labor data simultaneously. For the broader market, payrolls and wages will drive the first reaction. Strong jobs and firm wages would likely support the dollar and yields, while a softer report may pressure the USD, though equity reaction could depend on whether traders read weakness as rate-friendly or growth-negative.

Execution matters this week. The cleanest trades may come after the first spike, once spreads normalize and the market shows whether the initial move is being accepted or faded. Chasing the first candle into NFP or central bank headlines is usually poor risk unless the position is pre-planned and tightly controlled.

Weekend Crypto Commentary: Crypto remains open, but weekend moves should be treated carefully. Liquidity is thinner, order books can be easier to push around, and breakouts often need confirmation once Asia and Europe return. SOLUSD remains tradable, but it should be framed within the broader risk tone. If the dollar firms and yields rise into US data, crypto may struggle to sustain rallies. If risk appetite improves and liquidity returns, higher-beta names can recover quickly, but position size should reflect the wider macro calendar ahead.