Bear Market

Continued Brexit drama definitely puts Sterling on today’s watchlist, paired up with the Kiwi as top tier New Zealand economic data is right around the corner. 

Mixed week for the euro as it was driven by counter currency influences, while the Swiss franc takes the lead thanks to risk aversion sentiment and more intervention commentary from the SNB.

The pound got a lift from the get-go, thanks to easing Brexit-related jitters. However, the pound would later strap on and ignite its booster rockets when the U.K.’s retail sales report surprised to the upside.

The month will soon end and since most of the major central banks have already had their say, I thought that today would be a good day for a little central bank roundup.