Pip Diddy

Got the U.S. ISM manufacturing PMI due in a few! Will this trigger a bounce or break for USD/JPY?

Start your trading week right by prepping for these upcoming major events and checking out these potential trade setups!

It’s the return of king Dollar as broad risk sentiment soured on Thursday thanks to rapidly rising bond yields, driving away traders from risk assets in droves!

Choppy week for GBP, rising higher on net positive U.K. unemployment data, followed by global risk sentiment taking it down later in the week. 

EUR locked in gains against the major currencies, while the Swiss franc takes a dive as it lost some of its safe haven status among traders.

CAD was mixed against the majors currencies, mainly driven by broad risk sentiment, oil and counter currency flows. 

After a bullish reaction to the latest RBNZ headlines, NZD fell at the end of the week as risk assets fell thanks to rapidly rising bond yields.

AUD lost its status as the king of the majors this week, knocked lower as risk assets fell across the board thanks to rising bond yields. 

JPY was a net loser, likely driven lower by counter currency strength s rising interest rates around the world turned traders against this low-yielding currency. 

Got a couple of potential catalysts coming up for the franc today! Is USD/CHF about to bounce off this short-term area of interest?