Pip Diddy

The euro and franc saw nothing but red as another fresh round of horrific business sentiment & economic updates from Europe had traders running.

The Canadian dollar saw a lot of green this week despite awful Canadian economic updates, likely riding higher on oil’s recovery and improving global risk sentiment. 

The Kiwi nearly takes the top spot, riding the net positive risk sentiment wave higher at the end of the week.

The Aussie takes the top spot on positive Australian economic updates, and positive global risk sentiment as global lockdown restrictions begin to ease. 

With Japan on holiday for most of the week, yen price action was mainly influenced by counter currency flows and global risk sentiment. 

Looking to steer clear of the Greenback during the NFP release? Here’s a non-dollar pair you might wanna trade instead!

Top tier catalysts and volatility may hit USD/CAD ahead of the weekend, making the recent momentum lower & minor area of interest retest one to watch for the next session. 

In the next few hours we’ll have not one, but TWO closely watched data releases on tap. How will they affect Cable’s prices? Here’s a setup that I’m looking at.

We’ve got AUD/USD at the top of the watchlist today as it consolidates ahead of potential catalysts from Australia and China!

With a leading jobs indicator due from the U.S. later in the day, traders could start pricing in expectations for this major release.