French Gross Domestic Product Quarterly

G’day, forex mates! Another RBA statement is heading our way this Tuesday, so get up to speed on how the Australian economy is faring by reading up on another edition of my Economic Snapshot.

Hello, forex chaps! The U.K. will be releasing its GDP report this Friday. There’s therefore a good chance that the pound mat get a volatility boost. And if you’re planning to trade this top-tier report, then you better gear up by reading up on today’s Forex Preview.

You probably already know that the euro performed very well this week, but did you also know that the pound did well and that the Kiwi and yen got crushed? Whoa! Four currencies were in play this week? Anyhow, what drove price action on these currencies? And how did the other currencies fare this week?

Risk sentiment switched to risk-off, so the higher-yielding currencies and the lower-yielders had a reversal of fortunes. This time, it’s the higher-yielding currencies that got whupped.