Pip Diddy

Dollar pairs were chillin’ like ice cream fillin’ on Monday’s New York trading session with the Donald out on vacay and U.S. equity indices hitting record highs.

Trading conditions were a bit subdued during Monday’s morning London session but there was still enough action to keep the session interesting.

The Greenback managed to hold on to its post-NFP gains while the Aussie also tracked higher on a strong construction report.

CAD weakness appears to be the main theme this week. But what drove price action? And how did the other currencies fare?

Today is another NFP Friday so trading conditions were tight. NZD was broadly higher, though, very likely because of the commodities rally and cautious risk-taking.

Aussie traders shrugged off the RBA’s jawboning and growth forecast adjustments against Australia’s strong retail sales data.

Dollar traders must be feeling the jitters ahead of the NFP release as they refrained from taking huge bets on the currency, leaving the yen to take its share of risk-off flows.

All eyes were on the pound today, thanks to the BOE Statement. And unfortunately for the pound, the BOE statement triggered wave after wave of selling pressure.

The Aussie was dragged by weak Australian and Chinese data as well as overall risk aversion. Meanwhile, the dollar recovered some of its losses across the board.

The Greenback’s performance was as mixed as a bag of nuts as several currency-specific factors came into play, including commentary from Fed officials.