Pip Diddy

Another bout of risk aversion sent forex traders scurrying to the safe-haven yen. The pound, meanwhile, plunged near the end, even though there were no apparent catalysts.

With not a lot of data on the docket, Asian session traders merely extended themes from the U.S. session. Here’s how the major currencies traded!

The Greenback was once again the king of pips, thanks to hawkish remarks from Fed head honcho Janet Yellen. What did she have to say?

Price action was rather choppy, but the surge in U.K. retail sales gave the pound a bullish boost. Other than that, the prevalence of risk aversion likely supported the euro while dampening demand for the higher-yielding Kiwi.

Ho-hum. Price action was a mixed bag of nuts during the Asian session, as forex traders prepare for Yellen’s testimony scheduled later today.

You win some, you lose some! Economic data from the U.S. failed to impress, but that didn’t stop the dollar from chalking up some gains against its peers.

Risk aversion made a comeback during the morning London, so the yen and the Greenback were in demand while the higher-yielding Aussie and Kiwi got the boot.

Risk-taking was on like Donkey Kong today, as Asian session forex traders tracked the overall risk-friendly vibe from the U.S. session.

Stronger than expected data from Uncle Sam meant another day of dollar domination in the forex arena while the Loonie got a boost from higher crude oil.

Trading conditions were rather choppy during today’s morning London session, with many pairs trading sideways. The pound was clearly under bearish pressure, though, supposedly because of a leaked memo related to Brexit.