Pip Diddy

As of Friday midnight, the U.S. government has run out of federal funds for the second time in three weeks. However, that didn’t stop higher-yielding currencies from gaining ground across the board.

The spotlight shifted back to Wall Street as traders saw a lot of red once again. Data was light during the New York session so risk sentiment took the forex wheel, but the dollar barely took advantage of safe-haven flows.

The pound found later buyers when the BOE’s meeting minutes revealed that the BOE may have to hike “somewhat earlier.” The Aussie, meanwhile, was dragged lower by RBA Guv’nah Lowe’s comments.

It was a mixed trading day for Asian session traders, as equities and risk sentiment saw a bit of recovery while commodities and comdolls continued to take hits

Finally some green for the Greenback! The dollar flashed its safe-haven badge as risk-off flows returned to the markets while the yen carried on with its ascent.

The safe-haven Swissy had a tough time during the session, likely because of the returning risk-on vibes in Europe. The Greenback, meanwhile, edged out the Loonie to emerge as the top-performing currency of the morning London session.

Turnaround Tuesday for the U.S. markets translated to Whatever Wednesday for Asian session traders, who saw mixed price action across the board.

Down but not out! The Greenback staged quite the comeback in the early part of the New York session but had trouble holding on to most of its winnings.

The Greenback outpaced its peers during the morning London session, supposedly because the equities sell-off boosted demand for the Greenback. The pound, meanwhile, resumed its broad-based slide after recovering earlier.

Risk aversion was the name of the game during the Asian session, as a lack of fresh catalysts kept the pressure on higher-yielding investments.