Pip Diddy

The Greenback staged a broad-based retreat during the morning London session, with the comdolls being the main beneficiaries. However, the pound later got a bullish boost that allowed it to outpace the comdolls.

With not a lot of top-tier reports on tap, Asian session traders focused on the impact of rising U.S. Treasury yields and reactions to Trump’s Iran deal decision.

Safe-haven flows dominated during the U.S. session after Trump announced his decision to dump the Iran deal, allowing the franc to rake in more risk-off gains.

USD strength was still a major theme in Europe, although it’s worth noting that the safe-havens JPY and CHF managed to (barely) overpower the Greenback, likely because of the risk-off vibes in Europe.

A flat retail sales reading spelled trouble for the Aussie during the Asian session. Volatility remained muted, though, as traders wait for Trump’s decision on Iran’s nuclear deal.

The dollar continued its ascent from the earlier trading session as geopolitical risks remained in play. Crude oil also took advantage of this phenomenon to test the $70 per barrel level during the session.

Greenback domination and Swissy weakness were the main themes during today’s morning London session. Although euro weakness is also a notable theme.

The dollar was top boss in last week’s trading. Will this week’s list of potential catalysts knock it down from its spot?

A hawkish speech and higher oil prices propelled the Loonie to the third top spot last week. Let’s see if this week’s set of catalysts push it back up to top 1.

It was a mixed day for Asian session traders, as they priced in last Friday’s NFP, U.S.-China trade, Iran’s nuclear deal deadline on a relatively quiet session.