What's on the Economic Horizon
U.K. Nationwide confidence index down from 40 to 38
U.S. inflation data and Philly Fed index due today
Canadian manufacturing sales to increase by 1%?

U.S. Dollar (USD)

Risk on, baby! The higher-yielding currencies enjoyed strong rallies yesterday but, unfortunately for the safe-haven Greenback, it turned out to be a day of losses. Will risk appetite stay in the markets today or will the Greenback bounce back? Read more...

Euro (EUR)

You gotta admire the euro's resiliency! It's been shrugging off the bad vibes of the debt crisis and has been climbing up the charts like cray-cray! It posted its third straight victory over the dollar yesterday as EUR/USD climbed about 130 pips to close at 1.2860. But now that the pair is facing the top of a falling trend line, will it finally turn down? Read more...

British Pound (GBP)

What bad data?! The pound continued to climb against its counterparts yesterday despite the release of disappointing economic reports from the U.K. GBP/USD closed 110 pips above its open price, while GBP/JPY also shot up by 79 pips to 118.58. Read more...

Japanese Yen (JPY)

The Japanese yen took a beating from the higher-yielding currencies yesterday as risk appetite improved. EUR/JPY jumped back above the 98.50 minor psychological level while GBP/JPY closed at 118.58. Will the yen have a fighting chance today? Read more...

Canadian Dollar (CAD)

Yesterday was another good day to be siding with the Loonie as it pocketed a few more pips to add to its recent collection. USD/CAD dropped 40 pips to close at 1.0113, recording its third straight daily slide. Will it make it four in a row today? Read more...

Australian Dollar (AUD)

Thanks to the surge in risk appetite, the Aussie was able to score gains against the lower-yielding Japanese yen and U.S. dollar yesterday. AUD/USD ended the day 29 pips up from the 1.0400 handle while AUD/JPY edged even closer to the 80.00 handle. Read more...

New Zealand Dollar (NZD)

Strike three for the Kiwi! Thanks to a risk-friendly market environment, NZD/USD shot up for a third day and pocketed another 83 pips at .8074. Who says economic data is all you need? Read more...

Swiss Franc (CHF)

Score a big one for the franc! Despite a risk-friendly market environment yesterday, the low-yielding franc managed to rocket against its major counterparts yesterday. USD/CHF plunged by 109 pips to .9393, while EUR/CHF dropped from its 1.2133 intraday high and closed at 1.2079. Read more...

Bonnie and Clyde, peanut butter and jelly, Justin Bieber and his hair. Some things just go well together.

Head on to Big Pippin's Daily Chart Art for some pip-locking technical setups!