Pip Diddy

Australia is printing its labor market numbers this week! Here’s a list of the catalysts that can move the Aussie in the next few days.

Not a lot of top-tier data from New Zealand, which means that the Kiwi will most likely take its cues from risk sentiment and countercurrency price action.

Mixed week for the Greenback that initially benefitted from the swing into global risk-off mode, but weaker-than-expected core inflation reads had traders pulling back on dollar longs.

Sterling takes a pound for the week, once again on Brexit developments as the U.K. government and opposition fail to make progress on negotiations.

A positive week for both the euro and the Swiss franc on a combination of net positive economic updates for the euro area and on a rise in global risk aversion sentiment to help the low-yielders out perform the risk assets on net overall.

The Canadian dollar was a net loser on the week thanks to the persistent risk-off sentiment that was so tough, the monster jobs surprise couldn’t lift all Loonie pairs into the green.

Rough week for Kiwi bulls thanks to the classic combination of risk-off global sentiment and a dovish Reserve Bank of New Zealand.

After early week choppiness then bump higher from the RBA, Aussie pairs had trouble holding onto their gains as global risk aversion soured with the U.S.-China trade story.

Japanese news and headlines were non-factors for the yen this week as the U.S.-China trade story dominated this week, pushing risk sentiment in favor of the Japanese yen.

Textbook technical setup on USD/CAD forming with top tier events ahead from both the U.S. & Canada. Breakout or fakeout ahead?