Pip Diddy

Traders continued to price in catalysts from the previous session even though Japan and China both printed top-tier reports in the last couple of hours.

High hopes for a Brexit deal in the earlier session were met as EU and U.K. negotiators agreed on a draft text to be presented by PM May soon.

The pound and the euro were the top-performing currencies of the session, very likely because of growing hopes for a Brexit deal. The Aussie and the Kiwi, meanwhile, were off their highs despite the risk-on vibes.

Asian markets had a gloomy start to the day, but news about high-level meetings between U.S. and Chinese reps renewed optimism for global trade prospects.

Traders from the U.S. and Canada were off on market holidays but that didn’t stop the Greenback from chalking up gains against its peers as the newest Fed member signaled room for more hikes.

The safe-haven yen was in demand during the session, thanks to the risk-off vibes. The yen only finished in second place, however, since the yen was easily outclassed by the Kiwi.

Will the dollar extend its post-FOMC rallies? Or will this week’s data releases turn the tides against the currency? Here are catalysts you should watch out for.

Dragged lower by oil prices! Will the Loonie get a reprieve this week?

A mix of counter currency price action, dollar strength, and downgraded EU forecasts pushed euro pairs around last week while the franc was also on the losing end.

Equities and high-yielding currencies had a strong start to the week on a bout of risk-taking. The pound missed the bus, though, thanks to Brexit uncertainty.