Pip Diddy

Not a lot of top-tier catalysts from Australia, so y’all make sure you keep your eyes on these events in the next few days!

Risk appetite and dollar sentiment dragged the Kiwi lower for last week. Which themes can move it around this time?

The Greenback and yen fought for supremacy during the session, with the yen ultimately coming out on top. The euro, meanwhile, was crushed by sellers after the latest batch of Euro Zone PMI reports failed to impress.

Traders were all over the charts today, as a combo of quiet trading environment and a busy trading session ahead both continuation and profit-taking from previous catalysts.

Consolidation was the name of the game for most dollar pairs as U.S. session traders were out celebrating Thanksgiving. Still, the Canadian dollar managed to score some gains.

The pound spiked higher across the board during the morning London session, thanks to a leaked draft of the future relationship between the U.K. and the E.U., which included plans for a free-trade deal.

Ho-hum. Thanks to a lack of fresh catalysts, Asian session market players extended their momentum from the previous sessions.

Risk appetite extended its stay in the financial markets, lifting higher-yielders like stocks and commodity currencies while sapping demand for the safe-haven dollar.

Risk-taking was the name of the game in Europe so the Kiwi and Aussie were able to extend their gains while the safe-haven yen was kicked even lower. The euro, meanwhile, was in demand despite the rejection of Italy’s budget.

There were no fresh economic themes during the Asian session, so traders focused on pricing in (and taking profits from) the previous sessions’ moves.