Pip Diddy

It’s all about the polls! The lack of top-tier data during the U.S. trading session left traders focused on the Brexit surveys and overall market uncertainty.

There was literally nothing on the docket for today’s morning London session, so volatility got sapped and most currency pairs ended up trading sideways. There was some noticeable directional movement from Swissy and Kiwi pairs, though.

Risk aversion was the name of the game during the Asian session, as forex traders priced in China’s not-so-awesome data dump and a couple of bearish reports over the weekend.

Lots of themes played out during the trading week, but pound weakness and Kiwi strength were the dominant themes. Other than that, we’ve also got euro and yen weakness, as well as demand for the Loonie, and the Swissy. So, what was driving forex price action?

European traders were probably busy getting ready for the UEFA Euro 2016 because volatility was subdued during today’s morning London session. There was some movement from the safe-havens, though, likely because of prevailing risk aversion.

Back-to-back, baby! Thanks to a lack of major economic reports, Asian session forex traders mostly extended the themes from the previous session. Here’s what happened to your favorite currencies!

Is risk aversion back on? The lower-yielding currencies made a comeback in the U.S. trading session even though there were no major reports released.

There was weeping and gnashing of teeth during today’s morning London session, as risk aversion spread through the European markets like a plague. Quite naturally, forex traders were fleeing to the safe-haven currencies.

With China’s markets closed for a holiday, Asian session forex traders tracked Nikkei’s moves and the overall risk sentiment in the markets.

Comdolls were the stars of the forex show, thanks to rising crude oil prices and the RBNZ’s decision to keep interest rates unchanged.