Pip Diddy

Will Kiwi climb from the bottom of the forex heap and gain pips against its counterparts this week? Here are the potential catalysts you should watch out for.

Strong showing for the Greenback thanks to counter currency weakness and easing U.S.-China trade tensions to lift it to the number two spot for the week!

It was a busy week for Sterling traders with Brexit events in full focus, sparking volatility and eventually net wins against the major currencies. 

Both the euro and Swiss franc were slaves to opposing currency price action and global risk sentiment resulting in net losses for both on the week.

Australian data economic data was light and global risk sentiment risk sentiment was on the rise to lead the Aussie on mixed paths versus the major currencies. 

Light on Canadian economic data and flowing with global risk sentiment, the Loonie managed with mostly wins on subdued volatility. 

U.S.-China trade developments were a big influence on the Kiwi this week, that is until we saw a strong mid-week move on New Zealand housing data.

The yen was once again a net loser on the week, thanks to positive global risk sentiment and possibly on some not-so-stellar Japanese economic data.

Several U.S. and Canadian fundie catalysts make the intraday rally in USD/CAD one to watch for the session.

The Kiwi spiked lower against the majors on the session. Is it still a sell after the U.S. session bounce?