Pip Diddy

Weekend gap alert! Is this as a sign that pound pairs are in for more losses throughout the week? Here’s what you should look out for.

Market risk appetite dragged the yen to the bottom last week. Will the bulls step up their game this week?

It’s jobs week for Australia this week! What are traders expecting this time? More importantly, how can markets react to the release?

The Kiwi clocked in back-to-back gains last week. Will this week’s catalysts push it to its third strong week?

The European currencies were the top-performers of the morning London session, with the safe-haven Swissy in the lead, the pound in second place, and the euro in third place.

Concerns over higher borrowing rates for businesses and the impact of the U.S.-China trade war dragged on higher-yielding bets and pushed safe havens higher during the Asian session.

As expected, Fed policymakers decided to stay put for now but shared enough optimistic views to fuel December hike expectations. The dollar steadied after a mixed start.

Trading conditions were relatively tight ahead of the FOMC statement. Some themes were playing out, though, namely soft demand for the yen and the pound’s weakness.

Asian session traders mostly stuck to the sidelines ahead of today’s much-awaited FOMC statement, though that didn’t stop Aussie traders from pricing in China’s positive trade data.

The Greenback was able to shrug off post-election jitters, likely on profit-taking from the earlier slide and positioning ahead of the FOMC decision.