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Lots of action in today’s morning London session, with the pound getting slapped lower after the U.K.’s Q1 GDP got downgraded and the Loonie getting dragged down by slumping oil prices. The Loonie was the weakest currency of the session, though.

Hello, forex friends! In case you missed them yesterday, the BOC gave its latest monetary policy statement and the minutes of the May FOMC huddle got released. And here are the main takeaways from those two top-tier central bank events that you need to know about.

With not a lot of major data on the docket, forex traders paid close attention to the yuan’s movements. Meanwhile, NZD saw a buy-the-rumor, sell-the-news scenario after an optimistic budget report release.

The FOMC minutes cast some doubts on a June interest rate hike due to the slowdown in Q1 while the BOC whistled a more upbeat tune during their policy statement.

Price action during today’s morning London session was rather wonky since the Aussie and the Kiwi outperformed despite the risk-off vibes and the commodities rout. The pound’s price action was a bit wonky as well, given that it got slapped broadly lower, even though there were no direct catalysts.

The dollar stayed pinned near 6-1/2-month lows on Wednesday, investors’ focus shifting from U.S. politics to monetary policy.

Many traders were surprised when they learned that the Swissy outperformed last week. But did you know that the Swissy is now the third best-performing currency of the year (so far)? So, what’s up with the Swissy lately? Well, here are the likely reasons for the Swissy’s recent ninja-like strength.

The Aussie took hits across the board after Moody’s downgraded China’s credit rating. Meanwhile, the pound gained pips even as the terror threat in the U.K. is raised.

It seems that no news is good news for the Greenback as the U.S. currency got back on its feet to wait for the FOMC minutes coming up.

When the spread between the 2-year and 10-year note contracts, it is generally indicative of slowing economic conditions.

The euro initially surged when positive soft data got released, but lost traction and began to slip as the morning London session progressed. The yen, meanwhile, was under bearish pressure, likely because of the returning risk-on vibes.

The pound has been under the spotlight lately, and it’s not just because of the upcoming elections. Here are Brexit-related updates you need to know about.

Risk appetite started on shaky footing on the back of an explosion in the U.K., but the tides soon turned in favor of higher-yielding currencies despite a lack of economic catalysts.

Large players finally boosted the value of their net longs bets on the Greenback. However, the latest COT report shows that positioning activity is still a mixed bag of nuts. Also, the Greenback advanced mainly at the expense of the Aussie and the yen.

The lack of top-tier U.S. reports and the bank holiday in Canada led to a relatively quiet trading session, with the dollar slowly inching lower and the Kiwi outperforming the rest.

The forex calendar for today’s morning London session was empty. Even so, there was price action aplenty since the euro and the Swissy strapped on some booster rockets and soared over their peers. The Greenback, meanwhile, gave back its gains from earlier.

Gather ’round, Loonie traders! This week could be a particularly volatile one for the Canadian currency with the Bank of Canada’s interest rate decision lined up. Here’s what you need to know if you’re trading this top-tier event.

The Asia-Pacific region is starting the new trading week on an upbeat note after last week’s intense bout of risk aversion. And this risk-friendly environment apparently gave the higher-yielding Kiwi a boost. The safe-haven yen, meanwhile, groaned in pain.

Howdy, forex buddies! We’ve got another BOC monetary policy statement coming up this Wednesday. And if you’re wondering how Canada’s economy has been faring lately, then today’s Economic Snapshot is just for you.

Everybody probably already knows that the U.S. dollar got a major smack-down this week. And I’m sure almost everybody already knows why, too. But can you guess which currency ended up as this week’s top dog?