Every day, I will present to you my findings and daily commentaries on what recently happened in the economic arena, possible shifts in sentiment, economic events to watch out for, and their effects on currencies.
Mixed week for the Aussie, first getting a steady beatdown on global geopolitical fears before a surprising positive Australia jobs update and a reversal in risk sentiment helped some Aussie pairs back into the green.
Geopolitics was once again the main financial markets driver of risk sentiment and currency action this week, once again rolling with positive vibes to send the Japanese yen to another losing week against the other major currencies.
AUD/JPY bulls are in firm control with geopolitics turning productive & from a positive reaction to Aussie jobs data. Looking forward, will those themes continue and will Chinese data keep volatility bid?