Pip Diddy

Aussie traders are in for a busy week! With the RBA and GDP releases scheduled, you’ll definitely want to keep your eyes peeled for intraweek trends.

Risk-taking made Kiwi the top boss last week. Will the same economic themes move the comdoll this week?

USD closed lower for the week thanks to expectations, and ultimately the announcement, that the Fed would changes to inflation targeting policy.

With a light week of U.K. headlines & economic updates, GBP was mainly influenced by broad risk sentiment and counter currency flows to a net positive performance.

With a lack of major catalysts from Europe, both currencies were mainly influenced by broad risk sentiment and counter currency flows. 

It was a tough week for the Canadian dollar, likely falling on disappointing economic updates and central bank commentary from Canada.

NZD rode positive risk sentiment, counter currency weakness, & positive pandemic related headlines higher to be the top currency throughout this week.

AUD was able to beat nearly all challengers this week with the help of broad risk sentiment leaning positive and on counter currency flows.

The Japanese yen was under pressure from the start, likely on net negative updates from Japan and broad risk sentiment drifting positive all week. 

EUR/AUD made strong moves lower on the session thanks to fresh catalysts, but will the upcoming European data be enough to keep the momentum going?