Pip Diddy

Price action was rather muted but the session wasn’t devoid of action since CAD was broadly higher while EUR continued to slide ahead of tomorrow’s ECB statement.

The dollar’s price action was mixed, as a lack of economic catalysts discouraged single directional trading from forex players.

The Trump administration is hogging the forex spotlight in the U.S. session once more, and not in a good way. Here’s what happened.

Today’s morning London session was a repeat performance of yesterday’s European session since GBP got dumped (again) and CHF outperformed (again).

The dollar took hits across the board as two GOP Senators announced their opposition to support the current version of the Obamacare replacement.

Risk-taking took a step back during the latter part of the U.S. session, allowing the dollar and yen to edge higher while the comdolls returned some gains.

Wonky day in Europe today since CHF outperformed despite signs of risk-taking while GBP tumbled, even though there were no apparent catalysts.

Major currencies were all over the place as forex traders priced in mixed risk sentiment ahead of a potentially volatile week.

Care to guess which currency was the one currency to rule them all this week? (Hint: It’s not the Loonie)

JPY was the best-performing currency of the session, even though there were signs that risk appetite was beginning to win out near the end.