Markets served up headline-driven chaos this week, ultimately ending with the dollar claiming victory despite multiple personality changes along the way. Japan’s Sanae Takaichi election sent the yen plummeting on looser policy expectations, and French political drama weighed on the euro. The Kiwi face-planted after the RBNZ delivered a surprise 50bp rate cut, it all ended with a bang on Friday, after fresh tariff threats from U.S. President Trump to China, triggering risk-off flows that flipped the script and left traders scrambling into the weekend. Let’s try to break the madness down to see how each major currency navigated this wild week.
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