January ended with an exceptionally volatility week. While GME occupied a lot of headlines, there were other important developments like vaccines, US stimulus, and central bank expectations. Sterling ended as the strongest one with traders paring bets on negative interest rate of BoE. The same went for New Zealand Dollar too, which ended as second strongest. Dollar did closed up against most major currencies but the upside was capped, thanks to the resilient Euro. Australian Dollar ended as worst performing while Canadian Dollar was saved by stronger than expected GDP data. Yen was surprisingly the second worst performing, despite late risk aversion. Overall, it will take a little more time to see if the selloff in stocks could turn into a larger scale correction. Dollar would also need to break through some key levels to solidify its bullish reversal. | 