What's on the Economic Horizon?

German Industrial Production on Deck
Canadian Building Permits Expected to Decline
Swiss Retail Sales to Improve 0.6%

U.S. Dollar (USD)

The safe haven Greenback continued its domination last Friday thanks to a strong employment report. The U.S. dollar index, which tracks the performance of the currency versus other major currencies, ended the week at its highest level in almost a year at 81.85. Read more...

Euro (EUR)

Once again, the euro found itself falling face first to the mat, as it suffered multiple injuries versus its major counterparts last Friday. EUR/USD got with a nice dollar rally haymaker, sending the most traded currency pair to 1.2722, down 62 pips on the day. Meanwhile, EUR/JPY closed below the 98.00 handle, down 86 pips from its opening price. Read more...

British Pound (GBP)

Pound bulls only watched in awe as the dollar owned the charts like the fourth of July in Friday's trading. After consolidating for the most part of the day at 1.5500, GBP/USD plunged to a low of 1.5376 following the positive U.S. jobs data. The pair then closed 77 pips below its opening price at 1.5424. Read more...

Japanese Yen (JPY)

The yen proved one of the strongest currencies last Friday as it was able to rally against most major currencies. Here are some numbers: the yen gained 83 pips versus the euro, 24 pips over the dollar, and 94 pips against the pound. Pretty impressive, yeah? Read more...

Canadian Dollar (CAD)

I guess people aren't that looney for the Loonie eh? The Canadian dollar was one of the biggest losers last Friday, as poor economic data sent it much lower. USD/CAD rose 88 pips from its opening price to finish at 1.0270. Can the Candian dollar make a comeback, or will it take more hits this week? Read more...

Australian Dollar (AUD)

For the second straight day last Friday, the Aussie suffered under the might of the Greenback. AUD/USD fell to 1.0228, 38 pips lower from its opening price that day. This time around, however, the Aussie fell not because of risk aversion, but from stronger-than-expected fundamental reports from U.S. Read more...

New Zealand Dollar (NZD)

Without any economic data on tap from New Zealand, NZD/USD was just chillin' like a villain around the .7800 handle on Friday. By the end of the week's trading, the pair was at .7812, 4 pips below where it started the day at .7816. Read more...

Swiss Franc (CHF)

The franc's scorecard for Friday was as mixed as a margarita. While it posted a 37-pip win against the euro, it gave up 24 pips to the dollar when USD/CHF closed at .9550. 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!