Pip Diddy

Another net negative week for the British pound after early U.K. economic data disappoints and another round of unfavorable Brexit developments

The Swiss franc and euro were net losers on the week, likely suffering from positive global vibes and negative headlines and from the Euro area.

The Canadian dollar comes out as a net winner on the week, likely supported by positive risk sentiment vibes and a bullish move in oil.

Thanks to the Reserve Bank of New Zealand not fulfilling traders’ dovish expectations, the Kiwi comes out as the biggest mover and winner this week!

The Aussie takes second place on the week as risk-on sentiment dominates price action, with a little bit of help from net positive Aussie economic data. 

Rough, rough week for the Japanese yen, likely suffering at the hands of positive global risk sentiment and possibly on a string of weak economic data from Japan.

Global risk sentiment shifts negative after weak North American economic data, making the drop in CAD/JPY one to watch for the rest of the session. 

Traders shifted into risk-on mode this week, and with fresh Chinese data coming within the next session, the Aussie versus the ‘safe haven’ franc is a pair to watch today.

Busy day for the Aussie combined with the big pop in volatility coming soon for the New Zealand dollar makes this range on AUD/NZD one to watch!

Cable  makes it back to the watchlist, this time after a heavy economic calendar from the U.K. and a trend friendly setup on the charts. Check it out!