Risk assets gained ground this week thanks to positive U.S. reports supporting “soft landing” bets and a less hawkish Fed. Commodity-related currencies were also boosted by China actively defending its local currency.  Meanwhile, European currencies like EUR, GBP, and CHF lost pips as disappointing data releases highlighted the growth concerns in the region. So, how exactly did the major global assets behave this week? I can explain, but lemme show you the biggest headlines first: