Pip Diddy

It’s 2-0 for Asian session dollar bulls this week, as forex traders extended their parties across the board ahead of this week’s major market movers.

Down but not out! The dollar staged a strong, much-needed rebound against its counterparts but market watchers remain wary that it’s merely a pullback or profit-taking ahead of the FOMC.

The Swissy caught a bid, apparently because of the risk-off vibes in Europe. The pound, meanwhile, got swamped by sellers, supposedly because of renewed Brexit-related jitters.

The Greenback one big loser last week as dovish statements from Mnuchin, weak U.S. data, and global trade protectionism concerns all contributed to a bearish run for the currency.

Top-tier reports were mostly shrugged off last week as traders focused on NAFTA-related concerns. Will the Loonie react to more catalysts this week?

There were no major economic releases during the Asian trading session, so traders focused on catching up to their U.S. counterparts and this week’s catalysts.

Brexit-related updates kept the pound afloat in the previous week, and the relatively light U.K. economic calendar could keep the focus on these headlines. 

German coalition updates barely sustained the euro’s climb last week as the focus shifted to the mixed signals from the ECB statement. What’s coming up next?

New Zealand’s weak CPI and risk aversion did a number on Kiwi’s strength last week. Will the comdoll recover this week?

The combo of falling iron ore prices and global trade war concerns weighed on the Aussie early last week. Will this week’s set of economic reports provide any lift this week?