United States

Dollar weakness was in play yesterday, as we saw a major dollar sell off starting in the Euro session. In fact, we saw 4 majors - the EUR, CHF, AUD and NZD - all hit yearly highs against the USD! More...

Euro zone

Volatility made a huge comeback in the market yesterday as the EURUSD broke the 1.4400 and 1.4500 handles in just one day. Fundamentals remain weak but it looks like risk tolerance is here to stay. More...

United Kingdom

Zoom! The pound ran over the greenback during the euro session after the UK posted some impressive manufacturing and industrial production numbers in July. The cable surged by at most 230 pips. It, however, encountered resistance at the 1.6500 handle. More...

Japan

Nothing exciting for the JPY yesterday as it just closed mixed against the other majors. The Yen rallied against the USD but weakened against the EUR and the GBP. More...

Canada

USD weakness? Risk appetite? Rising oil prices? It seems like these weren't enough to boost the CAD. The drop in Canada's building permits took center stage and prevented the CAD from participating in the commodity rally yesterday. More...

Australia

Up, up, and away! Taking advantage of dollar weakness, strong economic data, and the rise in gold prices, the AUDUSD soared to its yearly high of 0.8658. The outlook for the Australian economy has been bullish as ever after a reported improvement in business confidence. More...

New Zealand

Another stellar performance from the Kiwi yesterday as it gained for the fourth day in a row. The trend is up and it seems like there's no stopping the currency's momentum if risk appetite continues to improve. In fact, the Kiwi has already risen almost 18% since the start of the year. More...

Switzerland

Go Swissy! Go Swissy! Go! The CHF set a new yearly high yesterday, riding on USD weakness. The USDCHF pair closed trading yesterday at 1.0462, dropping 130 pips from its opening price! More...

Pipnoculars: What's on the Economic Horizon

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