Daily Economic Roundup - April 30, 2010
What's on the Economic Horizon
Canadian GDP to Post Upside Surprise?
US GDP Slows Down to 3.4%
Joblessness in Euro zone to Remain at 10.0%
BOJ Interest Rate Decision Today
United States
Looks like risk appetite came back, as even the euro and pound posted decent gains versus the dollar yesterday. With it being a Friday, could we see the dollar continue to fall? Or will it end the week with a bang? More...
Euro Zone
Despite better-than-expected results on economic data that came out of Germany, it seems that the euro is still having difficulty in finding buyers. We saw this yesterday, when the EURUSD failed to burst through Wednesday's highs at 1.3265. More...
United Kingdom
The pound booked a nice win over the yen and greenback in yesterday's trading. The cable (GBPUSD) rose to and closed at 1.5323 from 1.5190. The guppy (GBPJPY) also climbed to 144.15 from 142.96. More...
Japan
The yen incurred a loss against all of the major currencies excluding the dollar yesterday as risk appetite seemed to have made a comeback again. The US's S&P 500, for one, closed with a 1.63% gain, suggesting that traders could have funded their equity holdings with the cheaper yen. More...
Canada
After hitting a high of 1.0198 this week, the USDCAD fell closer and closer to the 1.0000 handle in the past couple of days. Canada didn't release any economic reports yesterday but the Loonie's recent rally suggests that traders could be anticipating some good news from Canada today. More...
Australia
Despite the dip in Australia's leading index, the Aussie was able to make headway against the greenback and the yen yesterday. The AUDUSD edged closer to the psychological 0.9300 handle while the AUDJPY landed above the 87.00 mark. More...
New Zealand
The Kiwi went on a wild ride yesterday, falling early on during the Asian session but bouncing up fiercely once the European and US trading sessions went underway. The NZDUSD eventually ended the day higher at 0.7233. More...
Switzerland
The Swissy gained for the second day in a row, as risk appetite helped boost the European currencies. The USDCHF finished by 33 pips, to end the day at 1.0826. More...
Related Posts:
- Daily Economic Roundup - April 21, 2010 21:41 20 April 2010
- Daily Economic Roundup - June 2, 2010 21:57 01 June 2010
- Daily Economic Roundup - March 4, 2010 20:29 03 March 2010
- Daily Economic Roundup - April 15, 2010 21:31 14 April 2010
- Daily Economic Roundup - April 8, 2010 21:49 07 April 2010
Forex Blog: Pipnoculars

Every day, I will present to you my findings and daily commentaries on what recently happened in the economic arena, possible shifts in sentiment, economic events to watch out for, and their effects on currencies. This blog, however, is not an economic crystal ball. I am not a fortune teller - I will simply try to piece together some economic updates so I can provide you with my scholarly opinions and analysis on the markets for a ‘sneak preview’ on what lies ahead.
