Pip Diddy

The U.S. dollar continued its ascent from the earlier trading session while the Aussie lagged far behind as risk aversion and profit-taking took hold of financial markets.

The pound and the euro were in a race to the bottom during the morning London session, with the pound being the bigger loser of the two. As for other currencies of note, there’s the Greenback since it was in recovery mode and even outperformed its peers.

Risk appetite was the name of the game during the Asian session, as a lack of fresh catalysts inspired investors to extend the risk-friendly vibe from the previous session.

Risk appetite made quite a comeback on speculations that the U.S. could ease its protectionist moves against China, thereby lowering the risk of a full-blown trade war. 

The pound and the euro fought for the top spot during the morning London session. There can be only one champ, however. And in the end, it was the pound that came out on top. While all that was happening, the Loonie quietly dipped across the board.

So the Greenback didn’t get any support from the FOMC statement last week. Will this week’s catalysts provide reprieve for the battered currency?

Trade and oil updates helped propel the Loonie to the top of the charts last week. Think this week’s catalysts can extend its bullish run?

Trade war fears continued to grip the markets, but a lack of fresh catalysts produced mixed price action across different assets during the Asian session.

The euro was on shaky footing in the previous week as medium-tier leading indicators started showing some cracks. Can it stay afloat in this shortened trading week?

Sterling fought to hold on to its gains for the most part of the week as a hawkish BOE and the Brexit deal announcement combined forces to lift the UK currency even with a couple of data misses. What’s next?