AUD / CHF was the largest transaction
The Australian dollar led the way last week, fully due to a strong rally on Friday as it rose 1% against the US dollar.
Commodity currencies struggled to gain traction for most of the week, even as stocks and commodities rose. That eventually changed on Friday, as they all made decent moves upwards.
At the bottom of the list is the Swiss franc, closely followed by the euro. Both look like the long-term funding currencies in the post-pandemic cycle. Europe is struggling to secure vaccines and tax incentives are much more difficult with a shared currency.
Invest in yourself. See our forex education hub.