Pip Diddy

USD outpaced the risk currencies while taking a hit against the safe havens in another week dominated by Coronavirus headlines.

Mixed performance for GBP this week as global risk aversion continued its dominance, despite fresh headlines to put Brexit on shaky ground.

The Loonie comes out as a net loser this week, beating only the other comdolls as Coronavirus anxiety continues to dominate global risk sentiment.

EUR & CHF came out as a net winners this week, benefiting from counter currency weakness as rising global aversion sentiment took down the other major currencies.

Fears of the Coronavirus hurting the global economy picked up pace this week, taking down the Kiwi with it to virtually lose to all major currencies this week. 

The Aussie sees nothing but red against the majors as traders go into risk aversion overdrive this week thanks to the worsening Coronavirus story.

The Japanese yen easily takes the top spot this week against the majors as traders flocked to safe havens as Coronavirus fears intensify. 

A handful of medium-tier reports are due from the euro zone in the next session, so I’m looking out for a turnaround on this euro pair.

EUR/CAD has been on a rocket ride higher thanks to the Coronavirus outbreak and other factors, but will a major resistance area slow it down?

No top-tier reports scheduled in early London trading, but major U.S. data releases might attract pre-event positioning among dollar bulls and bears.