Pip Diddy

The BOC is up this week! Will the event inspire one-directional moves for the Loonie? Or will the comdoll take cues from its counterparts again?

Pound pairs might be off to a slow start this week before the economic calendar action picks up later on. Here’s what’s coming up!

The ECB will be making its monetary policy decision this week ahead of the release of January flash PMIs. How might the euro react?

Can this week’s BOJ decision and Japan’s data releases extend the yen’s uptrend from last week?

Aussie traders are in for a busy week as Australia prints top-tier and closely watched data while China releases a data dump. Which potential catalysts should you focus on?

Kiwi bears got some pips in last week after a bit of risk aversion and profit-taking. Can the comdoll recover its losses this week?

Choppy week for USD, but overall, it was able to finish as a net winner as risk aversion sentiment remains elevated on the COVID resurgence & weakening economic updates.

Comments from BOE Governor Bailey sparked a GBP rally, which was able to hold despite negative economic updates from the U.K.

The euro was a big loser on the week as expectations of further lockdowns grew, sparked by news accelerating case counts across Europe, as well as signs that the coronavirus has mutated.

Another mixed week for the Loonie, and based on its relative performance, it’s likely the main driver was risk sentiment and counter currency flows. Oil was likely a driver as well as it lead the Loonie higher mid-week after news of Saudi Arabia’s plans to cut production likely brought in more bulls for both assets. …