Pip Diddy

Dollar bulls charged on Monday’s New York trading session thanks to a huge jump in the ISM manufacturing PMI to its 13-month high.

GBP got a double kick from Brexit-related worries and a disappointing PMI report. EUR, meanwhile, extended its losses from the earlier session.

The euro was the biggest loser as investors worried about Catalan’s elections. Meanwhile, the dollar started 2017’s last trading quarter on a strong note.

NZD and AUD bashing were major themes this week. But did you also know that CHF strength was also a major theme as well?

There was decent enough price action during the morning London session, since the U.K.’s GDP downgrade sent GBP lower. EUR, meanwhile, somehow caught a bid.

Optimism in the U.S. markets and a warning about North Korea’s progress on its weapons program weighed on the comdolls and pushed the Greenback higher.

Dollar bulls weren’t in the mood to charge in today’s U.S. session as they chose to book some of their profits from the previous rallies. It’s almost the end of the week, month, and quarter after all!

Choppy price action today, but some themes were clearly playing out, namely the two-way action on GBP, JPY’s broad-based strength, USD’s retreat.  

A light trading day enabled the Greenback to extend its gains while a dip in commodity prices dragged commodity-related currencies lower across the board.

Putting the spotlight back on tax reform (and away from North Korea and the NFL) gave U.S. equities and the dollar a boost while the Canadian dollar retreated on a more cautious tone from BOC head Poloz.