What's on the Economic Horizon

US Retail Sales on Tap
Inflation in UK Expected to Cool to 2.9%
German ZEW seen at 10.7

United States

The dollar seemed more out of place in yesterday's trading than Russell Brand was in hosting the VMAs. It lost against all of its major counterparts giving up the most against the euro with 144 pips and the Swissy with 124 pips. USDJPY also closed 66 pips lower at 83.66. Tsk, tsk. More...

Euro zone

"Pip victory! Take it! It's yours!" The currency bulls charged the euro to a victory across the charts yesterday after positive reports in the markets brought back risk appetite with a vengeance. EURUSD rocketed by a whopping 144 pips and closed at1.2876, while EURJPY capped the day off with a 34-pip win at 107.72. More...

United Kingdom

"Pick me! Pick me!" Like a wimpy kid in gym class, the pound missed out on the risk rally yesterday because of lingering doubts on the UK economy. GBPUSD gained the least among the major dollar pairs with a 40-pip win at 1.5421. Meanwhile, GBPJPY dropped by 68 pips to its 109.02 closing price, and EURGBP rocketed by 70 pips to close at .8350. More...

Japan

Ha! I told you so! Didn't I say traders will just see Friday's move as a chance to buy the yen at a cheaper price? After reaching an intraday high of 84.37, USDJPY sold-off like iPADs on opening day to close the US trading session at 83.71. More...

Canada

The Loonie, along with its commdoll homies, strut its swagger on the charts yesterday. Holler! After opening the week at 1.0326, USDCAD went on a downtrend all the way to the day's close at 1.0274. More...

Australia

Oh Aussie, how traders love thee! Thanks to another the risk appetite pill, the Aussie was able to mark its fourth consecutive day of gains in yesterday's trading session. After gapping up to kick off the week, AUDUSD continued to trek higher throughout the day to end the US trading session at its highest level since May at .9358. More...

New Zealand

Score another one for Kiwi! Despite releasing a disappointing food price report yesterday, the Kiwi managed to rally against the dollar on a surge of risk appetite in markets. NZDUSD ended the day 26 above its open price at .7344. More...

Switzerland

Do you smell what the Swissy's cookin'? The currency was finally able to break its three-day losing streak against the euro when EURCHF closed 14 pips lower at 1.2969. Boo yeah! Against the dollar, it claimed another day of piptory as USDCHF closed 124 pips lower yesterday. More...