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Will yen bulls get enough momentum to extend the yen’s gains from last week? Here are catalysts you might want to watch.
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The Aussie is on a winning streak! Will the bulls push it higher again this week? Here are some events you should watch out for.
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Will Kiwi extend its winning streak this week? Here are catalysts that might trip up the bulls over the next few days.
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AUD and NZD got another pounding, very likely because of the risk-off vibes. during the session. GBP, meanwhile, was bid higher, likely because of easing concerns regarding a leadership challenge against Theresa May.
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Not a lot of top-tier reports to rock the markets this time, but that didn’t stop currency playas from being all over the place with their bets.
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Sterling had a quick reprieve from its decline as PM May pledged to see Brexit through, but the selling resumed on increasing chances of a messy breakup.
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The pound was gutted during the session, mainly because of Brexit Secretary Raab’s resignation. And apparently, the pound wasn’t the only victim since the euro was also dragged lower.
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A labor market report boosted the Aussie across the board. Meanwhile the euro tracked the pound’s gains and was pushed higher over this week’s Brexit developments.
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All eyes and ears were still on Brexit throughout the most part of the U.S. session as some signs of progress were seen. Pound pairs were extra jumpy, though.
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The pound was under the spotlight ahead of Theresa May’s cabinet meeting. And thanks to Brexit-related news, the pound experienced some turbulence during the session.
Read MoreThe secret of living is to find people who will pay you money to do what you would pay to do if you had the money. Sarah Caldwell