Hawkish

With all that hoopla about the Greenback, some of you probably thought that the Greenback was this week’s main winner. Nope! This week’s champ is clearly the euro. Also, did you know that the Kiwi got whupped this week? How about the other currencies? How did they fare? Well, time to find out!

If you somehow missed yesterday’s RBA statement, or if you’re just interested in some of the details that convinced forex traders to send the Aussie higher, then here are a few things you need to know about the RBA Governor Glenn Stevens’ June statement.

Hi, forex friends! If you somehow missed it, the Fed released its official FOMC press statement yesterday, and the Greenback tanked pretty much across the board. Wait, what? Yep, let’s take a closer look, shall we?

The yen triumphed over all this week, with the Greenback coming in second place. The Aussie, meanwhile, get beaten to a pulp. So, what was driving price action on these currencies? And how did the other currencies fare? Read on to find out!