Pip Diddy

Risk appetite and positive jobs data pulled the Aussie from its lows last week. Which catalysts can affect the comdoll this week?

Positive risk sentiment boosted Kiwi from its intraweek lows last week. Can this week’s catalysts extend the bulls’ party?

USD turns in an all around weak performance on a combination of positive developing geopolitical themes & net weak U.S. economic updates. 

Another strong week for Sterling as Brexit optimism ramps up once again after the EU and U.K. finalize a new withdrawal deal. 

A relatively strong week for both the euro and the Swiss franc, benefitting from both early week global risk aversion sentiment and from positive Brexit headlines. 

It was positive updates from the Brexit & U.S.-China trade fronts had most of the majors strengthening, along with a terrible week of oil performances that took down the Loonie this week.

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.

NZ business sentiment & risk-off vibes took the Kiwi dollar down, & it was never able to recover despite the shift to positive global risk sentiment to end the week.

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?