Pip Diddy

Not a lot of data on the docket, so Asian session forex traders concentrated on pricing in yesterday’s headlines. Here’s what’s up!

The surprise moves by the BOJ earlier in the day kept the Japanese yen supported until the U.S. session while the dollar got back on its feet thanks to higher bond yields.

JPY just shrugged off the risk-on vibes and resumed its onslaught against its forex rivals. However, CHF wasn’t as lucky and ended up as the worst-performing currency of today’s morning London session.

Reduced bond-buying from the BOJ turned out to be bullish for the yen, while better-than-expected data kept the Aussie and Kiwi supported throughout the session.

Euro bears extended their stay in the markets while the Greenback managed to pare its losses during the New York session. Loonie strength was also in play as BOC rate hike expectations picked up.

JPY rule over all during the morning London session, likely because of the slide in global bond yields, as well as signs that risk appetite was fading away. Meanwhile, EUR extended its slide from the earlier Asian session.

Canada’s impressive employment reports saved the Loonie’s price action last week. What catalysts could move the comdoll this week?

The Greenback has been on a topsy-turvy ride and we’re only just beginning the year. What’s in store for the dollar this week?

With not a lot of data on the docket, Asian session forex players caught up to their U.S. counterparts and priced in a not-so-worrying NFP report.

It might be a slow week for sterling as the U.K. manufacturing production report is the only piece of data on the docket. Brexit updates could still steal the spotlight, though!