Pip Diddy

Forex price action was pretty choppy across the board, as Asian session traders brace themselves for Yellen and Draghi’s speeches scheduled later today.

Major currencies traded carefully for the most part of the session and gold moved sideways as traders were sitting on their hands while waiting for Draghi and Yellen’s Jackson Hole speeches.

Choppy price action today, but JPY was on the move since it got trounced across the board. USD was frisky as well, since it returned its gains from earlier.

The Greenback gained a few pips against its counterparts while some Asian session equities traders caught up to yesterday’s risk aversion.

The dollar carried on with its slide from the previous trading sessions as investors began to take Trump’s government shutdown threats seriously.

EUR across the board, thanks to the latest batch of Euro Zone PMI reports. Meanwhile, GBP extended its losses, as Brexit-related jitters dampened demand.

The yen gained across the board after Trump’s hints of a government shutdown weighed on USD/JPY and the yen crosses.

The Greenback extended its climb from the previous trading session, taking advantage of the risk-off moves stemming from persistent geopolitical risks.

USD was the one currency to rule them all during the session. Meanwhile, AUD and NZD got no love, even though risk-taking returned in Europe.

The yen lost pips to its major counterparts as a lack of fresh catalysts inspired a bit of risk appetite in the markets.