Pip Diddy

U.S. session traders reacted to news of additional economic stimulus in Japan and moved some funds back to the safe-haven U.S. dollar.

Risk appetite persisted so the higher-yielding comdolls got supported during the morning London session, especially the Aussie , while the yen got the boot. The pound, meanwhile, got a bullish infusion, thanks to easing political uncertainty.

Risk appetite was the name of the game during the Asian session as Asian session forex traders caught up to the NFP-related volatility from last week.

The main theme for this trading week was pound weakness (yet again). Pound weakness wasn’t the only major theme, though, since we’ve also got yen and Kiwi strength. So, what was driving forex price action this week?

Today’s another NFP Friday so volatility got sapped a bit. That doesn’t mean there was no action whatsoever, though, since the risk-on mood enticed some traders to load up on the comdolls at the expense of the safe-havens.

It was a topsy-turvy session for forex traders, as risk appetite got mixed in with a bit of dollar strength ahead of the NFP report.

Forex junkies seem to be pricing in a positive surprise for today’s NFP release, thanks to stronger-than-expected leading employment indicators.

Risk appetite made a comeback on the back of easing Brexit fears during today’s morning London session, so the pound and the higher-yielding comdolls got a boost while the safe-havens got dumped, especially the yen.

Forex trading was a mixed bag of nuts, as traders priced in the Fed’s cautious stance as well as some bearish news from the Asian economies. Here’s what’s up!

What’s up with that dollar selloff?! The Greenback and the yen gave back their recent gains as risk appetite appeared to improve.