What's on the Economic Horizon

Japan prints slowest industrial production in 18 months
China prints positive manufacturing PMIs
ADP and ISM manufacturing PMI due today

U.S. Dollar (USD)

Just like the first day of a new semester, the dollar went in different directions yesterday as traders came back from the Hurricane Sandy holidays. While USD/JPY jumped by 22 pips, GBP/USD also rocketed by 61 pips. What went on in the U.S. anyway? Read more...

Euro (EUR)

Aaack! The euro was so close to ending the day above the major 1.3000 handle against the dollar yesterday when all of a sudden, it lost its footing. By the New York session close, EUR/USD was back down to 1.2962, just 2 measly pips above its opening price. Read more...

British Pound (GBP)

For the second straight day yesterday, Cable was able to trade positively. The pair, which opened the day at 1.6077, consolidated for the most part of the Asian session and then surged higher during the European and U.S. trading session. Read more...

Japanese Yen (JPY)

Ooomph! The yen was deep in the red zone yesterday after a worse-than-expected report from Japan made the yen unattractive. USD/JPY inched 22 pips higher while EUR/JPY registered a 30-pip increase. Some report, eh? Read more...

Canadian Dollar (CAD)

During the Tokyo and London sessions, the Loonie was on its way towards establishing a new high for the week against the dollar. However, due to a shocking GDP reading, USD/CAD quikly skyrocketed above parity after tapping an intraday low at .9960. Read more...

Australian Dollar (AUD)

Back-to-back, baby! Thanks to stronger-than-expected Australian data, the Aussie was able to sidestep the cloudy risk sentiment that had loomed over the markets yesterday. AUD/USD finished the day with a 15-pip gain after hitting an intraday high at 1.0400. Read more...

New Zealand Dollar (NZD)

If you're a range trader, then the Kiwi was probably one of the currencies that you traded yesterday. After opening the day at .8207, the Kiwi simply trade within a relatively tight 29-pip range, finding resistance at the .8230 level and support at the .8200 major psychological handle. Read more...

Swiss Franc (CHF)

The Swiss franc traded in an almost perfect "U" pattern against the safe haven U.S. dollar yesterday. USD/CHF started the day at .9326, fell as low as .9276, and then recovered all of its losses to close the day barely changed at .9314. 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!