Pip Diddy

The upcoming ECB statement could make or break the euro’s climb as market watchers may be expecting more hawkish remarks. Does this mean more room for disappointment, though?

Pound traders could hold out until the preliminary GDP release by the end of this week, but earlier downbeat reports could keep bears in play.

Three straight weeks of yen-bashing is about to end since the yen is presently the third best-performing currency of the week (as of 8 am GMT).

The Aussie tossed and turned to the rhythm of gold and risk sentiment last week. Will Australia have any major reports to add to the mix this time?

Risk aversion finally broke the Kiwi’s winning streak last week. Will it regain its bullish momentum this week? Here are the potential catalysts.

There wasn’t much on the docket. Even so, today’s morning London was rather lively, with Loonie strength and euro weakness being the main themes.

It was a pretty light session data-wise, so forex traders mostly focused on extending yesterday’s price action.

Sterling may have survived the U.K. retail sales miss in the previous session, but it fell victim to BOE head Carney’s less hawkish remarks this time.

The pound had an early wobble when the U.K.’s retail sales report failed to impress. However, pound bulls returned in force later. The Kiwi, meanwhile, was likely getting swamped by sellers because of the risk-off vibes in Europe.

Market players shrugged off Australia’s weak jobs reports in favor of pricing in waning threats geopolitical AND trade tensions involving the U.S.