Pip Diddy

A few more tense episodes in the Italian budget drama dampened the euro’s spirits last week while the franc had a mixed run. The ECB decision might steal the forex show this week. 

The yen just clocked in positive pips for a third week in a row! Will this week’s catalysts push it up for another week?

No top-tier data from Australia this week! Which catalysts can move the comdoll, then? Here’s a (very) short list.

Dollar weakness and a cocktail of other catalysts boosted the Kiwi last week. Will this week’s market events extend or reverse the comdoll’s fate?

Demand for the comdolls (AUD, NZD, CAD) was sustained during the morning London session, thanks to the steady rise in commodity prices and a broadly weaker Greenback.

Commodity-related currencies shrugged off China’s weaker-than-expected GDP report while equities picked up the risk-averse vibe from the U.S. session.

The U.S. dollar made quite a comeback during the New York session when risk-off flows returned and pulled higher-yielders back down.

The Greenback pared its gains from earlier and was the worst-performing currency of the session. And the main beneficiaries of the Greenback’s weakness were apparently the Aussie and the Kiwi.

A pretty busy session for the forex bulls and bears, as they priced in several data releases and a not-so-fruitful EU Summit.

The Greenback widened its lead against its peers as the minutes of the latest FOMC meeting highlighted further tightening prospects.