London Session Recap: Kiwi Soars on Risk-On Vibes, Euro Falls on ECB Rumors
The Kiwi got a broad-based lift, thanks to the risk-on vibes. Meanwhile, the euro got swamped by sellers when ECB rumors made the rounds.
Read MoreThe Kiwi got a broad-based lift, thanks to the risk-on vibes. Meanwhile, the euro got swamped by sellers when ECB rumors made the rounds.
Read MoreThe dollar regained some of its losses from the previous session while a better-than-expected GDP report boosted the Aussie.
Read MoreThe Greenback failed to join the flight to safety as other lower-yielding currencies like the yen and franc grabbed most of the risk-off gains.
Read MoreThe yen was the one currency to rule them all, thanks to the risk-off vibes during the session that sent bond yields plunging hard.
Read MoreThe Aussie seesawed between the Australian current account and RBA releases, while the dollar was haunted by weak U.S. reports.
Read MoreEven though the latest batch of medium-tier data from Uncle Sam didn’t turn out so impressive, the Greenback still managed to squeeze out some gains against its peers.
Read MoreThe pound shrugged off the tragic terror attacks in London and continued to claw its way higher. The euro, meanwhile, was under bearish pressure throughout the session.
Read MoreAn eventful session for forex traders, as AUD jumps, GBP fills weekend gaps, and trouble brews between some major oil producers.
Read MoreCan you guess which currency got the boot and which currency was the top dog last week?
Read MoreThe Kiwi just plowed through its forex rivals ahead of the NFP report, even though commodities were in retreat.
Read MoreAll you need is one pattern to make a living. Linda Raschke