What's on the Economic Horizon
FOMC Meeting Minutes on the Clock
Canadian Current Account Figures on Tap
U.K. Net Lending to Individuals Seen at 1.1 Billion GBP

U.S. Dollar (USD)

Kaboom! With risk appetite picking up to start the week, the dollar found itself sinking against higher yielding currencies. EUR/USD finally broke above the 1.4500 handle, while AUD/USD rose nearly 80 pips to close at 1.0654. Read more...

Euro (EUR)

Ain't no talk of sovereign debt kept the euro from rallying on Monday. EUR/USD stayed well above the 1.4500 handle for the most part, reaching a high of 1.4550 before ending the day 16 pips above its opening price at 1.4511. Meanwhile, the euro closed with a 15-pip gain against the yen at 111.47. Read more...

British Pound (GBP)

Despite U.K. banks being on holiday, it looks like the pound is off to a good start this week as it plowed through other major currencies in yesterday's trading session. GBP/USD managed to close the day 43 pips higher while GBP/JPY rallied a respectable 43 pips. Read more...

Japanese Yen (JPY)

Yeouch! Traders were in the mood for risk taking yesterday, which left the yen lagging behind the higher yielding currencies. EUR/JPY edged higher by 15 pips to close at 111.47, but not after hitting an intraday high at 111.94. Meanwhile, AUD/JPY climbed 25 pips to finish at 82.09, the fourth day in a row that the pair has closed higher. Read more...

Canadian Dollar (CAD)

Just like Beyonce at the VMAs, the Loonie definitely felt the love during yesterday's trading. USD/CAD opened the week at .9799 and ended the day at .9772 after hitting its 3-week low at .9740. Read more...

Australian Dollar (AUD)

I said a bang, bang, bangity bang! The Aussie cruised to its highest level in a month, as risk appetite gave the comdoll a nice boost up the charts! AUD/USD closed 80 pips higher at to finish at 1.0654. Read more...

New Zealand Dollar (NZD)

It appears that leftover risk appetite from the optimistic Jackson Hole Symposium continued to dominate the market yesterday. As always, this proved beneficial for NZD/USD. By the end of the U.S. trading session, NZD/USD was trading at .8451, a good 54 pips higher from its day open price. Read more...

Swiss Franc (CHF)

The Swissy continued its losing streak yesterday as traders grew more optimistic about the global economy. Apparently, Greece's Alpha Bank agreed to purchase Eurobank Ergasis and helped the country's main equity market index surge 14%. This gave traders reason to believe that the worst of the debt crisis in Greece is over. EUR/CHF found itself trading at 1.1838 by the end of the U.S. trading session, 134 pips higher from its day open price. Read more...