Pip Diddy

Increased risk appetite pushed the Aussie near the top of the forex heap last week. Check out this week’s catalysts too see if it can maintain its uptrends!

Stimulus from authorities and overall dollar weakness propelled the Kiwi to positive territory last week. Can the bulls maintain their momentum with this week’s catalysts?

Historic stimulus measures from the U.S. & other countries around the globe sink the dollar for big losses, taking the crown as biggest loser of the week!

Bad economic data was no problem for the GBP as risk sentiment & counter currency weakness were likely the reasons for Sterling’s out performance.

Global risk sentiment and counter currency flows were the name of the game for euro & franc traders this week, resulting in a mixed performance for both.

CAD spent most of the week in the red on weak oil prices, unemployment fears, & a surprise rate cut from the BOC on Friday.

The Kiwi rides this week’s risk-on wave to a net positive performance, triggered by receding fears of an economic meltdown thanks to pledges of massive support from central banks and governments.  

The Aussie nearly takes the top spot this week as risk sentiment swung positive on massive stimulus measures from the world’s governments & central banks. 

A round of bad luck for the JPY bulls this week as global risk sentiment comes back from the extreme negative levels thanks to global stimulative actions.

The yen seems to be overtaking the dollar in the safe-haven rally these days, and persistent crude oil weakness has me looking at this setup on CAD/JPY.