ZEW Survey

Ready to make pips this week? I hope you are, because the dollar is flirting with some VERY interesting levels against its major counterparts. Check out these charts!

If you find yourself dealing with the same set of problems for months (or even years), then it’s time to take a closer look at possible reasons why you can’t move on from them.

Forex traders went on a Kiwi hunting expedition this week (for the currency, not the bird). As a result, the Kiwi got taken down. Other than that, forex traders also bought up both the Greenback and the pound. So, what drove forex price action? And how did the other currencies fare?

The pound got a double boost from a good CPI reading and Theresa May’s speech. The Greenback, meanwhile, continued to slide lower against its peers, although it did beat back the yen in the end.