Pip Diddy

Sterling was pushed around by counter currency flows last week, but can it find some direction this time with the jobs report coming up?

Bulls and bears played tug-o-pips and caused wide ranges on a lot of yen crosses last week. Can this week’s catalysts encourage one-directional moves?

Weak retail activity erased most of the Aussie’s gains last week. Can the bulls prop up the comdoll with this week’s potential catalysts?

Not a lot going on in New Zealand’s data calendar this week, which means risk sentiment will likely factor a lot in the Kiwi’s intraweek trends.

After a Monday pop traders went sour on the Greenback once again, likely pushed lower on positive risk sentiment fueled by improving economic data and expectations of more stimulus coming.

Counter currency weakness, risk sentiment and better-than-expected U.K. inflation numbers were likely the main drivers for Sterling net positive week.

EUR & CHF closed net positive this week, likely on the better-than-expected economic & sentiment data from Europe, as well as positive rhetoric from the ECB.

The BOC gave CAD a boost mid-week, but disappointing employment data from Canada was able to deflate bullish sentiment ahead of the weekend. 

After gains mid-week on positive broad risk sentiment the Aussie was sent lower on disappointing retail sales data from Australia to close as a net loser.

Positive global risk sentiment and better-than-expected consumer inflation data from NZ were the likely drivers for the bullish move in the Kiwi this week.