United States

USD price action had no clear direction for the first two days of this week mostly because the US economic calendar was free from high-impact reports. Yesterday, USD trading was mixed as it closed lower against the EUR and GBP but higher against the commodity currencies. Today, brace yourselves as the action heats up with a bunch of highly anticipated releases on tap. More...

Euro zone

The euro continued to make mince meat out of the USD, as it hit a near yearly high at 1.4876. The EURUSD pair did however, give up some of its gains and closed at 1.4828. The question is, with all the economic data coming out this week, can the pair stay above the 1.4800 handle? More...

Japan

The yen traded mixed yesterday as it rallied early during Asia against most major currencies but its gains eventually faded once the US session came rolling along. For today, all eyes will be on the BOJ as they are set to announce their decision on the country's benchmark interest rates. More...

United Kingdom

The GBP/USD took a dive on poor inflation numbers yesterday but managed to pick up the pace and rallied furiously once the initial selling frenzy was over. The GBP/USD pair ended the US session at 1.5889. More...

Canada

The Loonie marked a fresh yearly high against the greenback in yesterday's trading. The pair, though, ended mixed as investors anticipate the earnings reports of some giant firms in the US today. The USDCAD fell to 1.0267 before closing higher at 1.0378. More...

Australia

The AUDUSD pair closed lower at 0.9054 after tagging a new high at 0.9127. The pair may be poising itself for its next big move as it just traded quietly between the 0.9100 and 0.9050 range yesterday. The Aussie could bust out of the 0.9100 resistance if risk appetite surfaces again today. More...

New Zealand

Up and down movement on the Kiwi front, as the NZDUSD pair traded within a range of 100 pips. Ultimately, the pair closed near it's opening price and finished the day at 0.7382. Seems like there is a lot of hesitance to bring the pair higher after it hitting yearly highs... More...

Switzerland

After a slow warm-up during the Asian session, the USDCHF took a dive and hit an intraday low of 1.0193. Traders let go of the USD as FOMC member Donald Kohn hinted that the Fed is not ready to tighten their monetary policy just yet. More...

Pipnoculars: What's on the Economic Horizon

US Retail Sales and FOMC Minutes Both Bearish?
Claimant Count Change on the Deck in the UK
Industrial Production Due in the Euro Zone