What's on the Economic Horizon

Swiss KOF Economic Barometer to Rise?
Thin Liquidity and High Volatility on a Black Friday

United States

And a happy Thanksgiving it was for the greenback! With most traders out enjoying their turkey dinners, liquidity thinned out and gave way to a strong one-way move yesterday. The greenback stayed on top of its game against most major currencies, except for the Yen - its safe-haven rival. More...

Euro zone

It was a long, long day for the EUR, as it got trampled on by risk averse traders. News of a potential debt default in Dubai sparked risk aversion, with European stocks dropping 3% . Thi left higher yielders like the EUR down in the dirt. The EURUSD closed much lower at 1.5013. More...

United Kingdom

The pound wasn't having such a good day yesterday since it was pounded during the greenback's strong rally. Britain did enjoy an improvement in consumer activity but it wasn't enough to carry the pound higher. More...

Japan

The yen was having a Thanksgiving party of its own yesterday as it celebrated with huge gains against the major currencies. In fact, the yen stole the thunder from the greenback, its safe-haven rival, as the USDJPY broke through several support levels. More...

Canada

Looks like Canadians didn't have too much to be thankful for yesterday, as they saw their currency simply melt away against the USD. The CAD lost all it's gains and more from the previous day, as the USDCAD pair closed above the 1.0600 handle. Oh well, there's always Black Friday... More...

Australia

A day after busting up the dollar, the Aussie took one on the lip yesterday, as it got shredded by all the haymakers thrown by USD bulls in yesterday's trading round. The AUDUSD fell and hit the canvas, barely making the 8 count to stand at 0.9128. Will the AUD survive the last round of the week? Or will we see a last second TKO? More...

New Zealand

Much like it's com-doll siblings, the kiwi dropped in yesterdays trading action. The NZDUSD pair fell all the way down to close at 0.7157. With the pair be able to keep some of the gains it made this month? More...

Switzerland

Yikes, the Swissy just got kicked out of the parity yesterday! Heightened risk aversion and thin liquidity joined forces and threw the USDCHF out of the 1.0000 area. More...