What's on the Economic Horizon

Canada's Current Account Deficit to Fall to 8 billion CAD
Core PCE- Inflation Remains Subdued
Swiss KOF: Improving Economic Conditions?

United States

Ka-ching! Sorry folks, but that wasn't dollar cash registers that were ringing all day! A mini-return of risk appetite helped boost higher yielding currencies like the euro and pound. The question is, will this be just a one-day sale? Or will jumpers jump at the chance to buy the dollar at a cheaper price? More...

Euro zone

Woah! This caught me by surprise... The euro enjoyed a strong rally yesterday as the latest developments on the euro zone debt situation turned out to be good news. Did you see how the EURUSD jumped from the 1.2200 area to a high of 1.2385? More...

United Kingdom

Risk off, risk on... Thanks to improved risk appetite, the Cable was finally able to bust out of its range. The Cable spiked above 1.4600 temporarily before settling at the 1.4550 region at the end of the US trading session. The Guppy, too, followed suit and finished the day more than 300 pips higher at 132.70. More...

Japan

Due to a rally in global equity markets and increased appetite for risk, the yen found itself dumped by currency traders in favor of higher-yielding currencies. The yen ended the US trading session lower against the pound, the euro, the Aussie, and yes, even the Greenback. More...

Canada

Amongst all the major currencies, the Loonie turned out to be the best performer in yesterday's trading session. The combination of risk appetite, the speculation of a BOC rate hike, and the rise in crude oil prices pushed the Loonie higher across the board. More...

Australia

Surf's up! The AUDUSD pair was feeling pretty stoked yesterday as it caught a huge wave of risk appetite and rode it all the way to the 0.8500 shoreline. The AUDJPY was also getting amped as it took a pipeline towards the 78.00 mark. More...

New Zealand

"Whee!" yelled the Kiwi as it soared higher and higher against the greenback yesterday, propelled by an improvement in risk sentiment. New Zealand's stronger than expected trade balance figures even gave the Kiwi an additional boost. More...

Switzerland

With the dollar bulls taking a day off, the franc was able to post some decent gains versus the dollar as the USDCHF closed at 1.1565. Can the franc keep up its good fortune? We shall have to wait and see! More...