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United States

It was just another manic Monday for the USD despite (or probably because of) the drought in economic data. The Yen and the comdolls and flexed their muscles and showed strength against the greenback while the GBP and CHF bowed down to the USD. The EURUSD, well… it just bounced up and down the charts yesterday…More…

Euro zone

With little economic data being released everywhere, we pretty much just saw range bound motion across the board, making for a pretty boring Monday. The EURUSD bounced between a tight 80 pip range, closing the trading day at 1.4304. More…

Japan

Range bound was the theme for the JPY yesterday as the currency lost ground early during Asia but managed to fight back as the European trading session went underway. It seems the light economic calendar for the day kept volatility in the foreign exchange market low. More…

United Kingdom

The GBP gave up a bit of ground versus the USD as equities traded a few notches lower yesterday. With today’s market environment, developments in the GBPUSD pair would probably remain to be strongly influenced by trends in risk sentiment. More…

Canada

The CAD took last week by a landslide and it looks like it is set-up to take this week’s round once more. Yesterday, it got a push yet again vis-a-vis the JPY and the USD. Can the CAD keep this up? Let us see. More…

Australia

Despite having an empty economic calendar, the Aussie was able to follow through with its huge gains last week yesterday. The broad markets were flat but the AUD managed to extend its score against the greenback and the yen. More…

New Zealand

Range bound motion brought the NZDUSD up and down yesterday, although it did test the yearly high at .6887. Resistance was strong however, as the pair could not make a new high. The pair eventually closed at .6852, just a few pips above its opening price. More…

Switzerland

The USD/CHF tested the resistance at 1.0630 several times yesterday. There just wasn’t any economic data fueling the pair to make any strong moves. A little more action is in the cards for today as Switzerland unloads a set of economic reports later on. More…

Pipnoculars: What’s on the Economic Horizon

USD: Gearing Up for Consumer Confidence Data
Japan’s Trade Balance Probably Narrowed to 290B Yen
Swiss Consumption Indicator On Tap

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