United States
It was like the opening of a Christmas season sale yesterday when investors flocked New York’s street. The US capital markets, particularly the stock market, spiked after better-than-expected CB consumer confidence results. Investors quickly jumped on the high yielders’ train and left the USD down a steep ditch. More…
Eurozone
Ho hum, what a slow day for the EUR… Both EURUSD and EURJPY rocked back and forth within their respective ranges, chalking up a few gains at the end of the day. Only a couple of economic reports were released yesterday, namely the German final GDP and Belgium NBB business climate. More…
Japan
Yen pairs stayed within range yesterday, although the yen finished the trading higher once again. The USDJPY and EURJPY pairs ended the day at 94.13 and 134.68. More…
United Kingdom
The pound continued its woes against the USD yesterday, falling for the 5th consecutive day! The pair closed trading at 1.6356. Will the GBP be able to recuperate today and hold ground? More...
Canada
The CAD attempted to rally against the USD early during the Asian session yesterday but the move failed to follow through when the US session came rolling along. Also, better-than-expected data that came out of the US initially caused some CAD buying but that too fizzled out. More…
Australia
The AUD/USD remains directionless for the second consecutive day as it simply drifted in a tight 90-pip range all throughout yesterday. Still, looking at the bigger picture, it seems that the AUD is holding its ground pretty well at its highest price levels this year. More…
New Zealand
The Kiwi ended the day virtually unchanged yesterday as it was unable to pocket its earlier gains. Inflation expectations posted a tiny uptick, showing that price levels are foreseen to stay more or less the same for the next months. More…
Switzerland
The CHF scored one against the USD during the US session. Thanks to the better-than-expected consumer confidence reading which prompted investors to move their money in higher-yielding assets like the CHF. More…
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