Daily Economic Roundup - March 26, 2010
What's on the Economic Horizon
EU Summit to Determine EURUSD Direction
US Final GDP Due Today
UK Could Post 5.6% Decline in Business Investment
United States
Once again, the dollar cleaned up in yesterdays poker game... err trading sessions! The dollar rose against almost other majors. Will the winning streak continue as we end the week? Or will we some profit taking take place? More...
Euro Zone
The euro struggled to stay afloat in yesterday's trading session. The EURUSD, after hitting an intraday high 1.3386, found itself dropping again to close the US trading session at 1.3286. For the entire week, the pair has lost a grand total 244 pips. All this euro zone debt drama is really weighing down heavily on the EURUSD. More...
United Kingdom
Put another mark at the pound's lose column. The pound suffered another defeat against the greenback in yesterday's foreign exchange tug-of-war. The GBPUSD fell to and settled at 1.4813 after touching a high of 1.5003 from 1.4866. More...
Japan
Nothing went right for the JPY yesterday as it went through another broad-based beating. The only people who were partying were the yen-bears. Will we see another round of yen whipping today or will the bears cash in their profits to end the month? More...
Canada
Even though Canada didn't release any economic reports yesterday, the Loonie was able to edge higher against the greenback. The USDCAD dipped from the 1.0250 area to a low of 1.0171 during the US session. More...
Australia
The Aussie's rally was short-lived yesterday since it was unable to hold on to its latest gains. The AUDUSD climbed to a high of 0.9141 before dropping back below the 0.9100 handle during the US session. More...
New Zealand
The NZDUSD went for a wild ride in yesterday, rallying strongly during the European session but eventually giving up its gains once the US trading session went underway. The pair closed the US trading session at 0.7042, hardly changed from its Asian open price of 0.7020. More...
Switzerland
After it looked like the Swissy was going to make a comeback, it lost track and ended up once again on the losing side versus the dollar. The USDCHF closed slightly higher at 1.0743. More...
Related Posts:
- Daily Economic Roundup - April 9, 2010 22:09 08 April 2010
- Daily Economic Roundup - April 16, 2010 21:59 15 April 2010
- Daily Economic Roundup - February 11, 2010 20:42 10 February 2010
- Daily Economic Roundup - March 23, 2010 21:36 22 March 2010
- Daily Economic Roundup - March 16, 2010 21:29 15 March 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.
