Pip Diddy

USD and JPY fought for the top-spot during the session. GBP, meanwhile, was mauled by bears because of poor CPI data. GBP is not the only major loser of the session, however, since NZD was also feeling the pain.

With no fresh catalyst to price in, Asian session market players were happy to take their cues from all the risk-taking in the previous trading session.

Higher-yielders got back on their feet as New York session traders were in a much better mood thanks to upbeat earnings and economic data.

The pound claimed the top spot during the morning London session. The Greenback, meanwhile, was at the very bottom of the forex heap. Other than those two, the euro is also worth highlighting.

A surprisingly strong CPI report boosted the Kiwi across the board. Meanwhile, potential easing tensions between the U.S. and Saudi Arabia and a bit of risk-taking dragged safe havens lower.

The Greenback slowed from its earlier slide despite weaker than expected retail sales figures and another drop in U.S. equities.

The risk-off vibes persisted so the Swissy continued to attract buyers. The Greenback, meanwhile, was weaker across the board. Other than those two, the pound is also worth noting since it staged a broad-based recovery.

Which economic themes can move the Greenback around this week? Here’s a short list.

Falling oil prices and weak global growth prospects dragged the Loonie lower last week. Which catalysts will move the comdoll around this week?

It’s only the first trading session of the week and already traders are busy pricing in a couple of market themes. Here’s what happened so far.