Pip Diddy

The euro was a net loser last week. However, there are medium-tier Euro Zone data on the docket this week. And they may allow the euro to regain some poise.

Greenback strength and a couple of weak Australian data didn’t do the Aussie favors last week. Will the tides change with this week’s set of potential catalysts?

The yen’s price action was a mixed bag of nuts, as yen crosses were influenced by bond prices and overall risk sentiment. Will the yen get to set its pace this week?

The New Zealand dollar officially clocked in a losing streak last week. Will this week’s catalysts extend the party for the bears? Here are events you should take note of. Labour market numbers (May 1, 10:45 pm GMT) New Zealand’s unemployment rate edged lower from 4.6% to 4.5% in Q4 2017, which marks the fourth …

The pound was under the spotlight today since the pound got a massive pounding after the U.K.’s GDP report failed to meet expectations. The Aussie and the Kiwi, meanwhile, apparently benefited from the risk-friendly vibes in Europe.

BOJ Governor Kuroda started his second five-year term by scrapping hints of achieving 2.0% inflation anytime soon.

The euro took a beating across the board after ECB hinted that they’re not discussing QE exit anytime soon.

Lots of themes were playing out during the session. However the most notable one are NZD’s recovery, and weakness on the part of CHF and USD, as well as EUR’s anemic performance after the ECB statement.

No catalyst? No problem! Well, except for the Kiwi, which extended its losses even as other major currencies have taken a chill pill from their intraweek trends.

U.S. bond yields continued their ascent while equity indices rebounded, giving more support for the Greenback. The Loonie made a bit of a recovery on a bounce in crude oil.