Pip Diddy

New Zealand is set to print its GDP report! Will that be enough for the Kiwi to dance to its own beat this week?

The Greenback got hit by sellers ahead of Trump’s tariff announcement on Chinese goods. The euro and the pound. meanwhile, were broadly higher.

Euro traders continued to express their disappointment over the ECB statement, and Draghi’s presser did little to turn those frowns upside down.

The pound surged higher, thanks to a better-than-expected retail sales report. The pound did eventually cede ground to the Greenback, though. The euro, meanwhile, was gutted during the ECB Statement.

The pound staged a broad-based recovery during the previous session and continued to do so during the Asian session. The risk-off vibes and poor Chinese data, meanwhile, caused the Aussie to stumble a bit.

The Greenback spiked higher as the Fed signaled room for two more hikes later this year but quickly returned most of those gains as trade war jitters loomed.

The Greenback pared some of its earlier gains as the FOMC statement loomed. The pound was much weaker than the Greenback, though. The Kiwi, meanwhile, dominated its peers.

Ranges were tight across the board during the Asian session, with the low-yielding yen seeing the most action ahead of the Fed’s policy decision.

Commodity currencies continued to lag behind their forex peers for the most part of the session while the pound got a sharp boost from the “meaningful vote.”

The pound got an early boost and was able to maintain the lead until the end of the session. All the comdolls, meanwhile, were feeling some bearish pressure as commodities retreated.