Pip Diddy

A relatively quiet week from the U.K. in terms of economic data and headlines, so it’s likely Brexit uncertainty remained in effect to push Sterling pairs consistently lower the whole week.

Italian debt concerns & weak euro area data sinks the euro, while the Swiss franc rallies once again on geopolitical concerns from the U.S. trade issues with China & Mexico

After mixed price action on counter currency weakness, geopolitical issues in Europe and between the U.S.-China drives Loonie pairs and oil into the red. 

Rising geopolitical tensions, budget hackings, and weak economic sentiment had traders turn sour on the Kiwi after an early positive start.

Aussie bulls managed to stay resilient against a week of weak Australian economic updates, RBA rate cut speculation, and U.S.-China trade war fears. 

Yen bulls are winners once again thanks to global risk aversion sentiment dominating on negative U.S. trade developments with China and Mexico. 

AUD/USD hits the watchlist ahead of a busy calendar for both currencies, and on price action that looks like it is ready to breakout one way or another. 

AUD/CAD makes it to today’s watchlist thanks to a classic trend chart pattern in the works and some potential market movers from Australia coming soon. 

The BOC is set to release their latest monetary policy statement soon, making the Loonie the currency to watch for a potential spike in volatility & momentum/breakout plays. 

Will the bears continue to chomp on the Greenback? Or will this week’s catalysts bring the bulls back in the game?