Pip Diddy

Both the euro and Swiss franc had relatively quiet weeks, mostly driven by counter currency flows for a mixed performance all around.

With a very light economic calendar from Canada, it was oil prices and counter currency flows that lead CAD to a mixed but net positive week. 

Great week for Kiwi bulls with a surprise rally after a dovish RBNZ statement, and possibly on growing positive global sentiment as major central banks are expected to ease interest rates.

Early week comments from the RBA boss gave the Aussie a positive start, and the bulls didn’t seem to look back as expectations of global central bank easing helped support risk-on sentiment

The Japanese yen was a big loser this week as we saw more signals that the Bank of Japan may enact further stimulus as global economic uncertainties grow

The USD/CAD bear train continues to chug along, and could get one last push into the weekend with one final round of U.S. & Canadian data on the way. 

The RBNZ’s latest monetary policy decision is right around the corner and we’ve got another Fibonacci setup on NZD/CAD to potentially play any potential pickup in Kiwi volatility. 

A very light calendar to start the week, but we do have low-to-mid tier events from New Zealand and Japan to potentially add some life to the Fibonacci resistance pattern forming on NZD/JPY. 

A pretty busy week for the dollar, which will see a bunch of Fed members’ speeches AND a much-awaited meeting between Trump and Xi.

Weak domestic data rained on the Loonie’s parade this week. Which catalysts can affect the comdoll this week?