Pip Diddy

Choppy price action today, but GBP was clearly in demand since it closed higher against its peers. CHF, meanwhile, was under pressure, likely because of the risk-on vibes.

Not a lot of top-tier reports printed today, but that didn’t stop Asian session traders from making pips rain for the dollar bulls and Kiwi bears.

Dollar traders are sitting at the edge of their seats, waiting for Trump’s announcement on his Fed head pick, while the pound and Kiwi continued to tumble on earlier catalysts.

JPY and CHF fought it out as risk aversion rampaged during today’s morning London session. Meanwhile, NZD extended its losses because of politics and GBP got whupped by poor data.

The comdolls had a busy day with Australia and China printing top-tier reports while New Zealand welcome a new Prime Minister.

Dollar domination from the previous trading session carried on for the rest of the day as the currency shrugged off downbeat housing reports.

Lots and lots of action in today’s morning London session, with USD charging higher and JPY getting crushed underfoot. GBP, meanwhile, tossed and turned because of the U.K.’s jobs reports.

No major reports were printed today, so Asian session forex traders were all too happy to extend the previous session’s themes.

Central bankers continued to make waves during the New York session, and this time it was hawkish Fed rhetoric that traders paid attention to.

The pound got hit by bearish pressure during the morning London session, thanks to not-so-hawkish comments from a bunch of BOE officials, including BOE Guv’nah Carney.