Pip Diddy

The Greenback was all over the place as U.S. session traders weren’t around to give it any clear direction while most pairs sat quietly in their ranges.

Despite the prevalence of risk appetite, the yen’s ascent continued during the morning London session. The pound meanwhile, got a boost from the upbeat services PMI report, but found sellers along the way.

Dollar weakness was the name of the game during the Asian trading session, as forex traders priced in dwindling chances of a Fed rate hike in September.

Out of the top 10 movers this week, 7 are yen pairs, with the yen losing badly, so it’s pretty clear that yen weakness was the dominant theme this week. What was driving the yen’s weakness and how did the other currencies fare?

Volatility was in short supply during the morning London session, as forex traders hunkered down for the upcoming NFP report.

True to NFP Friday tradition, forex volatility during the Asian session was as eventful as watching paint dry. Read on to see how the major currencies fared in the past couple of hours!

Retreat, dollar bulls, retreat! Weaker than expected U.S. reports forced traders to consider how these might affect the NFP report and the Fed’s policy bias.

The spotlight was on the pound yet again during today’s morning London session, thanks to easing Brexit-related fears after the U.K. printed a better-than-expected manufacturing PMI reading.

It was all about the yen and the comdolls today, as China, Japan, and Australia all had major economic releases today. Which reports were the biggest forex movers during the session?

The Greenback wasn’t exactly off to a strong start for the month as U.S. economic data came in mixed while the yen continued to sink.