Pip Diddy

It was a mixed session for the major currencies, as this week’s major themes got mixed in with a bit of profit-taking.

The Greenback barely got a boost from yet another upgrade to the Q1 GDP figure as Fed official Bullard seemed unimpressed and Wall Street ended the day in the red.

Trading conditions were a bit tight but AUD did end up broadly higher against its peers while JPY got slapped broadly lower.

The Fed’s not the only hawkish central bank in town and traders made it known by selling the dollar.

The lack of top-tier reports left major currencies sensitive to central banker remarks. Risk-taking also came into play as crude oil and U.S. equity indices closed in the green.

Today’s morning London session was much more subdued. Even so, the Loonie was clearly on the move as it easily steamrolled all its forex rivals.

With no fresh report to price in, Asian session traders focused on themes from the previous sessions.

The Greenback shrugged off better than expected data and Yellen’s remarks as traders were disappointed about the delay in the healthcare bill vote.

EUR and CHF soared during and after ECB Overlord Draghi gave his speech. Meanwhile, JPY got crushed even though risk aversion prevailed.

Risk appetite carried over from yesterday thanks to a lack of market-moving catalysts during the Asian session.