Pip Diddy

Risk aversion was the name of the game during the Asian session, as forex traders took cues from the previous session and worried over the timeline of Trump’s tax and fiscal policy plans.

Not even upbeat medium-tier data and a few hawkish remarks from Fed officials were enough to keep the Greenback afloat as U.S. equities tumbled as well.

The pound, the euro, and the Loonie battled for supremacy during today’s morning London session. But in the end, there can be only one, and that happened to be the pound.

Forex price action was a mixed bag of nuts, as a lack of economic catalysts pushed major currencies in different directions during the Asian session.

A couple of not-so-hawkish FOMC members gave testimonies during the U.S. session but traders still seem to be more focused on the goings-on in Europe.

The Greenback was in recovery mode during today’s morning London session while the Loonie got pulled down by sliding oil prices. Meanwhile, there was decent two-way action on the pound, as the pound’s rise got cut short after it was announced that the Brexit Process will start on March 29.

The dollar continued to lose pips against its major counterparts as Asian session forex traders caught up to last Friday’s price action. Here’s what’s up!

Everybody probably already knows that the Greenback got whupped this week. But did you know that the Aussie was this week’s top winner? What drove the Aussie higher? And how about the other currencies? How did they fare? Well, time to find out!

The Kiwi was the one currency to rule them all during the session, thanks to rallying commodities and the risk-on vibes. The euro, meanwhile, got whupped after a poll showed Le Pen taking more ground.

Ho-hum. Asian session forex traders took a chill pill today, as a lack of major catalysts inspired some to take profits ahead of the weekend.