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		<title>Daily Economic Roundup &#8211; May 11, 2011</title>
		<link>http://www.forexsignals.info/daily-economic-roundup-may-11-2011.html</link>
		<comments>http://www.forexsignals.info/daily-economic-roundup-may-11-2011.html#comments</comments>
		<pubDate>Thu, 12 May 2011 01:28:10 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Currency Charts]]></category>
		<category><![CDATA[2011]]></category>
		<category><![CDATA[Daily]]></category>
		<category><![CDATA[Economic]]></category>
		<category><![CDATA[Roundup]]></category>

		<guid isPermaLink="false">http://www.forexsignals.info/daily-economic-roundup-may-11-2011.html</guid>
		<description><![CDATA[<img src="http://www.forexsignals.info//wp-content/uploads/1269732303_line_chart.png" width="16" height="16" alt="" title="Currency Charts" /><br/>
What&#8217;s on the Economic Horizon
BOE to Downplay Rising Prices in Inflation Report
U.S. Continues Trade Deficit
CAD Trade Figures On Tap
United States
With forex markets mostly in consolidation mode yesterday, the dollar found itself on the losing end against most of its major counterparts. European currency pairs like EUR/USD and GBP/USD edged slightly higher, while the comdolls made [...]]]></description>
			<content:encoded><![CDATA[<img src="http://www.forexsignals.info//wp-content/uploads/1269732303_line_chart.png" width="16" height="16" alt="" title="Currency Charts" /><br/><div class="post_content">
<p><strong>What&#8217;s on the Economic Horizon</strong></p>
<p>BOE to Downplay Rising Prices in Inflation Report<br />
U.S. Continues Trade Deficit<br />
CAD Trade Figures On Tap</p>
<p><strong>United States</strong></p>
<p>With forex markets mostly in consolidation mode yesterday, the dollar found itself on the losing end against most of its major counterparts. European currency pairs like EUR/USD and GBP/USD edged slightly higher, while the comdolls made a run for it. AUD/USD closed above the 1.0800 handle, while USD/CAD closed 57 pips lower to end at .9579. More&#8230;</p>
<p><strong>Euro zone</strong></p>
<p>The euro managed to sneak in some gains against the Greenback and the yen amidst the resurfacing Greek debt concerns. EUR/USD ended almost 50 pips higher than its 1.4352 open price while EUR/JPY closed 40 pips above the 116.00 handle. Can the euro hold on to its gains today? More&#8230;</p>
<p><strong>United Kingdom</strong></p>
<p>Proving that Monday&#8217;s price action was no fluke, pound bears took control over the pound and held it down again yesterday. The pound was one of the few currencies that weakened against the Greenback, as Cable slid 36 pips down to 1.6358. More&#8230;</p>
<p><strong>Japan</strong></p>
<p>Were those BOJ officials I saw drinking shots of sake with Big Pippin last night? After all, the yen was the biggest loser in yesterday&#8217;s trading action, which is exactly what the BOJ wants! USD/JPY made a nice run up the charts, gaining 63 pips on the day to finish at 80.83. Meanwhile, EUR/JPY soared higher by 128 pips before ending at 116.39. More&#8230;</p>
<p><strong>Canada</strong></p>
<p>The Loonie scored its third consecutive day of wins against the Greenback as USD/CAD closed almost 60 pips below its open price of .9636. Let&#8217;s take a look at the upcoming data from Canada to find out whether the Loonie can keep up its winning streak. More&#8230;</p>
<p><strong>Australia</strong></p>
<p>Thanks to some positive data and stronger commodities trading, the Aussie got a nice boost up the charts, with AUD/USD gaining a decent 48 pips to finish at 1.0836. For those of you counting at home, that makes three consecutive days of gains. Will today make it four? More&#8230;</p>
<p><strong>New Zealand</strong></p>
<p>Talk about dodging a bullet! The Kiwi narrowly escaped defeat against the Greenback as NZD/USD bounced back up from an intraday low of .7889 to end the day 2 pips higher at .7947. More&#8230;</p>
<p><strong>Switzerland</strong></p>
<p>There she goes again! After posting nice gains on Monday, the Swissy went back to sliding down the charts on bad data and improved risk appetite. It lost out against its two biggest counterparts as USD/CHF rose 89 pips and EUR/CHF leapt 168 pips. More&#8230;</p>
<p><strong>Bonnie and Clyde, peanut butter and jelly, Justin Bieber and his hair. Some things just go well together. In forex trading, you get better odds at securing pips when your fundamental analysis is complemented by technical analysis. Head on to Big Pippin&#8217;s Daily Chart Art for some pip-locking technical setups!</strong>
</p>
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		<title>Daily Economic Roundup &#8211; May 10, 2011</title>
		<link>http://www.forexsignals.info/daily-economic-roundup-may-10-2011.html</link>
		<comments>http://www.forexsignals.info/daily-economic-roundup-may-10-2011.html#comments</comments>
		<pubDate>Wed, 11 May 2011 01:34:33 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Currency Charts]]></category>
		<category><![CDATA[2011]]></category>
		<category><![CDATA[Daily]]></category>
		<category><![CDATA[Economic]]></category>
		<category><![CDATA[Roundup]]></category>

		<guid isPermaLink="false">http://www.forexsignals.info/daily-economic-roundup-may-10-2011.html</guid>
		<description><![CDATA[<img src="http://www.forexsignals.info//wp-content/uploads/1269732303_line_chart.png" width="16" height="16" alt="" title="Currency Charts" /><br/>
What&#8217;s on the Economic Horizon?
Greek debt gets downgraded
Australian trade surplus exceeds forecasts
Swiss CPI on deck

United States
The dollar may have ended last week with a grand finale, but the way it started this week was anything but amazing! Except against the euro, it retreated against ALL of its counterparts! How weak sauce is that?? EUR/USD slipped [...]]]></description>
			<content:encoded><![CDATA[<img src="http://www.forexsignals.info//wp-content/uploads/1269732303_line_chart.png" width="16" height="16" alt="" title="Currency Charts" /><br/><div class="post_content">
<p><strong>What&#8217;s on the Economic Horizon?</strong><br />
Greek debt gets downgraded<br />
Australian trade surplus exceeds forecasts<br />
Swiss CPI on deck</p>
<p>
<strong>United States</strong></p>
<p>The dollar may have ended last week with a grand finale, but the way it started this week was anything but amazing! Except against the euro, it retreated against ALL of its counterparts! How weak sauce is that?? EUR/USD slipped 14 pips to 1.4351 while USD/JPY fell 40 pips to 80.21. More&#8230;</p>
<p><strong>Euro Zone</strong></p>
<p>As my mama always said, everything can change on a whim! After it looked like the euro was heading to new lows, good data helped give the currency a nice boost. After trading as low as 1.4255, EUR/USD bounced back up to close at 1.4351, marking just a 14-pip loss for the day. More&#8230;</p>
<p><strong>United Kingdom</strong></p>
<p>Traders showed no mercy for the pound as they pushed the currency lower against its counterparts despite the risk rallies yesterday. GBP/USD dipped to a low of 1.6270 before recovering to close at 1.6394 while GBP/JPY struggled to stay above the 131.50 area. More&#8230;</p>
<p><strong>Japan</strong></p>
<p>Someone&#8217;s been pumping iron! The yen was downright monstrous on the charts as it demolished its two biggest rivals yesterday. It rose 40 pips against the dollar while posting a 73-pip win against the euro. More&#8230;</p>
<p><strong>Canada</strong></p>
<p>Just like its comdoll siblings, the Loonie came out on top in yesterday&#8217;s rumble. After opening at .9670, USD/CAD crawled slowly down the charts, ending the day at .9633, down 37 pips for the day. More&#8230;</p>
<p><strong>Australia</strong></p>
<p>Make that back-to-back, baby! The Aussie followed up its awesome performance last Friday with an equally impressive performance yesterday. After gapping up to start the week, AUD/USD continued to rally, eventually ending the day 69 pips higher at 1.0788. More&#8230;</p>
<p><strong>New Zealand</strong></p>
<p>Not bad! The Kiwi put up a good fight against the Greenback yesterday as risk aversion started to ease. Although NZD/USD ended the day 20 pips lower than its open price, it was able to find support at the .7900 handle. More&#8230;</p>
<p><strong>Switzerland</strong></p>
<p>And the Swissy&#8217;s back in the game! After a couple of days of losing against the Greenback, the Swiss franc got back on its feet and erased some of its recent losses. USD/CHF opened at .8791, dropped to a low of .8717, then closed at .8719. More&#8230;</p>
<p><strong>Bonnie and Clyde, peanut butter and jelly, Justin Bieber and his hair. Some things just go well together. In forex trading, you get better odds at securing pips when your fundamental analysis is complemented by technical analysis. Head on to Big Pippin&#8217;s Daily Chart Art for some pip-locking technical setups!</strong></p>
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		<title>Daily Economic Roundup &#8211; May 9, 2011</title>
		<link>http://www.forexsignals.info/daily-economic-roundup-may-9-2011.html</link>
		<comments>http://www.forexsignals.info/daily-economic-roundup-may-9-2011.html#comments</comments>
		<pubDate>Tue, 10 May 2011 01:32:03 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Currency Charts]]></category>
		<category><![CDATA[2011]]></category>
		<category><![CDATA[Daily]]></category>
		<category><![CDATA[Economic]]></category>
		<category><![CDATA[Roundup]]></category>

		<guid isPermaLink="false">http://www.forexsignals.info/daily-economic-roundup-may-9-2011.html</guid>
		<description><![CDATA[<img src="http://www.forexsignals.info//wp-content/uploads/1269732303_line_chart.png" width="16" height="16" alt="" title="Currency Charts" /><br/>
What&#8217;s on the Economic Horizon?
NFP rose to 244,000, US jobless rate climbs to 9.0%
ANZ job ads due today
Germany&#8217;s trade balance seen at 14.4 billion EUR

United States
What a grand finale for the Greenback! The dollar capped its week of gains with fireworks last Friday when a surprisingly better-than-expected NFP report boosted the scrilla in the charts. [...]]]></description>
			<content:encoded><![CDATA[<img src="http://www.forexsignals.info//wp-content/uploads/1269732303_line_chart.png" width="16" height="16" alt="" title="Currency Charts" /><br/><div class="post_content">
<p><strong>What&#8217;s on the Economic Horizon?</strong><br />
NFP rose to 244,000, US jobless rate climbs to 9.0%<br />
ANZ job ads due today<br />
Germany&#8217;s trade balance seen at 14.4 billion EUR</p>
<p>
<strong>United States</strong></p>
<p>What a grand finale for the Greenback! The dollar capped its week of gains with fireworks last Friday when a surprisingly better-than-expected NFP report boosted the scrilla in the charts. Though the dollar pared back some of its gains against the comdolls, USD/JPY rose by 44 pips to 80.56 while EUR/USD dropped by another 174 pips to 1.4353. Boo yeah! More&#8230;</p>
<p><strong>Euro Zone</strong></p>
<p>Ouch! EUR/USD took another nasty fall last Friday despite the strong results of the German industrial production report. EUR/JPY suffered the same fate as it dropped from a high of 117.59 to a low of 115.21. How low can the euro pairs go? More&#8230;</p>
<p><strong>United Kingdom</strong></p>
<p>Oh, that&#8217;s gotta hurt! The pound took another beating from the Greenback and the yen yesterday as risk aversion gripped the markets once again. GBP/USD dipped to a low of 1.6359 while GBP/JPY dropped by almost 200 pips from its 132.94 open price. More&#8230;</p>
<p><strong>Japan</strong></p>
<p>With no economic report released from the Land of the Rising Sun, the yen&#8217;s price action was as mixed as Happy Pip&#8217;s margaritas last Friday. Though EUR/JPY dropped by another 76 pips to 115.62, USD/JPY also climbed 44 pips to 80.56 and GBP/JPY gained 89 pips to 132.09. More&#8230;</p>
<p><strong>Canada</strong></p>
<p>Good news for Canada! Their jobs market did much better than expected in April, allowing USD/CAD to dip below the .9600 handle. However, the U.S. NFP erased some of the Loonie&#8217;s gains, leaving USD/CAD to close at .9671.More&#8230;</p>
<p><strong>Australia</strong></p>
<p>Aussie bulls unite! After days of dropping in the charts, AUD/USD finally caught a break and edged higher on Friday. The pair even hit an intraday high of 1.0803 before capping the week 140 pips above its open price at 1.0693. More&#8230;</p>
<p><strong>New Zealand</strong></p>
<p>Who says size matters?? In the same way that my boy Manny Pacquiao gave Shane Mosley a beating yesterday, the Kiwi put the hurt on its larger counterpart last Friday. The Kiwi demolished the Greenback as it posted an 84-pip rise, bringing NZD/USD above the .7900 handle once again. More&#8230;</p>
<p><strong>Switzerland</strong></p>
<p>Switzerland may have posted awesome employment data of its own, but the Swissy was no match to the U.S.&#8217;s NFP report! Its rally was short-lived as the NFP pushed USD/CHF up the charts to close 59 pips higher for the day. More&#8230;</p>
<p><strong>Bonnie and Clyde, peanut butter and jelly, Justin Bieber and his hair. Some things just go well together. In forex trading, you get better odds at securing pips when your fundamental analysis is complemented by technical analysis. Head on to Big Pippin&#8217;s Daily Chart Art for some pip-locking technical setups!</strong></p>
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		<title>Daily Economic Roundup &#8211; May 6, 2011</title>
		<link>http://www.forexsignals.info/daily-economic-roundup-may-6-2011.html</link>
		<comments>http://www.forexsignals.info/daily-economic-roundup-may-6-2011.html#comments</comments>
		<pubDate>Sat, 07 May 2011 01:27:28 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Currency Charts]]></category>
		<category><![CDATA[2011]]></category>
		<category><![CDATA[Daily]]></category>
		<category><![CDATA[Economic]]></category>
		<category><![CDATA[Roundup]]></category>

		<guid isPermaLink="false">http://www.forexsignals.info/daily-economic-roundup-may-6-2011.html</guid>
		<description><![CDATA[<img src="http://www.forexsignals.info//wp-content/uploads/1269732303_line_chart.png" width="16" height="16" alt="" title="Currency Charts" /><br/>
What&#8217;s on the Economic Horizon
U.S. NFP to print softer figure?
Canadian employment slated to show increase
U.K. PPI due to show 1.7% rise?
United States
And just like that, the dollar&#8217;s back in style! Not-so-hawkish remarks from the ECB and a sharp slide in commodities saw the USDX climb from 73.53 to a one-week high of 74.59. Meanwhile, EUR/USD [...]]]></description>
			<content:encoded><![CDATA[<img src="http://www.forexsignals.info//wp-content/uploads/1269732303_line_chart.png" width="16" height="16" alt="" title="Currency Charts" /><br/><div class="post_content">
<p><strong>What&#8217;s on the Economic Horizon</strong><br />
U.S. NFP to print softer figure?<br />
Canadian employment slated to show increase<br />
U.K. PPI due to show 1.7% rise?</p>
<p><strong>United States</strong></p>
<p>And just like that, the dollar&#8217;s back in style! Not-so-hawkish remarks from the ECB and a sharp slide in commodities saw the USDX climb from 73.53 to a one-week high of 74.59. Meanwhile, EUR/USD finally broke out of consolidation, falling from its seven-month highs to post a 304-pip drop to 1.4527. More&#8230;</p>
<p><strong>Euro Zone</strong></p>
<p>KABOOM! After snoozing against its major counterparts for the past couple of days, the euro finally woke up&#8230;on the wrong side of the bed! EUR/USD plunged by a ginormous 304 pips to 1.4527, while EUR/JPY ended the day 308 pips lower at 116.39. More&#8230;</p>
<p><strong>United Kingdom</strong></p>
<p>Oh, that&#8217;s gotta hurt! The pound took another beating from the Greenback and the yen yesterday as risk aversion gripped the markets again. GBP/USD dipped to a low of 1.6359 while GBP/JPY dropped by almost 200 pips from its 132.94 open price. More&#8230;</p>
<p><strong>Japan</strong></p>
<p>And a-one, and a-two, and a-three! For the third straight day, the yen posted huge wins on the charts as risk aversion reared its ugly, Cyclopip-esque head once again. USD/JPY dropped 44 pips to 80.12 while EUR/JPY tumbled 308 pips to 116.39. More&#8230;</p>
<p><strong>Canada</strong></p>
<p>There&#8217;s just no stopping the Greenback! For the fourth day in a row the dollar crushed the Loonie down the chart as risk aversion continued to plague the markets. USD/CAD even tipped an intraday high of .9714 before ending the day with a 97-pip gain at .9682. Will the Loonie get a break today? More&#8230;
</p>
<p><strong>Australia</strong></p>
<p>Down she goes&#8230; again! The Aussie seems to have lost control over its legs as it just keeps falling day after day! Without support from commodities and economic data, AUD/USD posted its fourth consecutive slide, falling 174 pips to 1.0562. More&#8230;</p>
<p><strong>New Zealand</strong></p>
<p>Imagine the Kiwi&#8217;s disappointment when it found out that risk aversion extended its stay in the markets! NZD/USD fell 90 pips from its .7903 open price before ending the day at .7826. Will it be able to bounce back today? More&#8230;</p>
<p><strong>Switzerland</strong></p>
<p>It looks like the Swiss franc&#8217;s happy days are over as it gave way to Greenback strength yesterday. USD/CHF started the day at .8617, dipped to a low of .8557, only to jump back to the .8700 area. More&#8230;</p>
<p>I know you&#8217;re excited to grab some pips by trading the economic events on deck, but make sure you drop by my buddy Big Pippin&#8217;s Daily Chart Art exhibit first for a quick rundown of the technical setups worth playing. Always remember that fundamentals goes hand in hand with technical analysis!</p>
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		<title>Daily Economic Roundup &#8211; May 5, 2011</title>
		<link>http://www.forexsignals.info/daily-economic-roundup-may-5-2011.html</link>
		<comments>http://www.forexsignals.info/daily-economic-roundup-may-5-2011.html#comments</comments>
		<pubDate>Fri, 06 May 2011 01:29:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Currency Charts]]></category>
		<category><![CDATA[2011]]></category>
		<category><![CDATA[Daily]]></category>
		<category><![CDATA[Economic]]></category>
		<category><![CDATA[Roundup]]></category>

		<guid isPermaLink="false">http://www.forexsignals.info/daily-economic-roundup-may-5-2011.html</guid>
		<description><![CDATA[<img src="http://www.forexsignals.info//wp-content/uploads/1269732303_line_chart.png" width="16" height="16" alt="" title="Currency Charts" /><br/>
What&#8217;s on the Economic Horizon
BOE Interest Rate Decision Today
ECB to Keep Rates on Hold at 1.25%?
Fed Head Bernanke Set to Testify
Canadian Ivey PMI Dipped to 67.1 Last Month?
United States
Boo yeah! Despite the slight bump during the Asian session, the U.S. dollar managed to recoup some of its losses for the day and end higher against [...]]]></description>
			<content:encoded><![CDATA[<img src="http://www.forexsignals.info//wp-content/uploads/1269732303_line_chart.png" width="16" height="16" alt="" title="Currency Charts" /><br/><div class="post_content">
<p><strong>What&#8217;s on the Economic Horizon</strong><br />
BOE Interest Rate Decision Today<br />
ECB to Keep Rates on Hold at 1.25%?<br />
Fed Head Bernanke Set to Testify<br />
Canadian Ivey PMI Dipped to 67.1 Last Month?</p>
<p><strong>United States</strong></p>
<p>Boo yeah! Despite the slight bump during the Asian session, the U.S. dollar managed to recoup some of its losses for the day and end higher against most of its counterparts. USDX edged closer to the 73.00 level but managed to land back above the 73.50 mark by the end of the day. More&#8230;</p>
<p><strong>Euro Zone</strong></p>
<p>Another draw??? After dippin&#8217; down low during the Tokyo session and poppin&#8217; up high during the London session, the euro ended the day with a stalemate against its American counterpart. When all was said and done, EUR/USD formed ANOTHER solid doji on its daily chart as it ended the day just 2 pips lower at 1.4831. More&#8230;</p>
<p><strong>United Kingdom</strong></p>
<p>Oomph! Yesterday the pound received a one-two punch from markets when beat it down the currency for the second day in a row. GBP/USD might&#8217;ve risen to 1.6503 on dollar weakness, but EUR/GBP tapped a 13-month high at .9030 while GBP/JPY dropped to 132.94. More&#8230;</p>
<p><strong>Japan</strong></p>
<p>They got nothing on yen, baby! The Japanese currency outwit, outplayed, and outlasted its major counterparts yesterday as risk aversion gripped the markets. It&#8217;s biggest win was against the Aussie, as AUD/JPY fell by 175 pips from a high of 88.15 to a low of 88.40. More&#8230;</p>
<p><strong>Canada</strong></p>
<p>Down she goes&#8230; again! For three straight days now, the Loonie has lost out against its neighboring currency. Without the support of oil, it seems the comdoll has no groove! After a bit of sideways trading, USD/CAD popped up late in the New York session to end the day 59 pips higher at .9585. More&#8230;</p>
<p><strong>Australia</strong></p>
<p>The Aussie just couldn&#8217;t seem to catch a good wave yesterday as it sank against both the Greenback and the Japanese yen. Risk aversion wiped out AUD/USD&#8217;s recent gains, pushing the pair below the 1.0800 handle to a low of 1.0735. AUD/JPY fared even worse as it fell almost 200 pips from an intraday high of 88.15. More&#8230;</p>
<p><strong>New Zealand</strong></p>
<p>Kaboom! Despite a better-than-expected report from New Zealand, NZD/USD fell sharply for the third day in a row yesterday. The pair dropped to an intraday low of .7865 before capping the day with a 95-pip loss at .7903. More&#8230;</p>
<p><strong>Switzerland</strong></p>
<p>Even an episode of Gardening 101 is more exciting than franc&#8217;s price action yesterday! USD/CHF ended the day in a draw at .8616, while EUR/CHF also came back to its open price at 1.2780. Will today be another snoozer for the franc? More&#8230;</p>
<p>I know you&#8217;re excited to grab some pips by trading the economic events on deck, but make sure you drop by my buddy Big Pippin&#8217;s Daily Chart Art exhibit first for a quick rundown of the technical setups worth playing. Always remember that fundamentals goes hand in hand with technical analysis!</p>
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		<title>Daily Economic Roundup &#8211; May 4, 2011</title>
		<link>http://www.forexsignals.info/daily-economic-roundup-may-4-2011.html</link>
		<comments>http://www.forexsignals.info/daily-economic-roundup-may-4-2011.html#comments</comments>
		<pubDate>Thu, 05 May 2011 01:28:55 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Currency Charts]]></category>
		<category><![CDATA[2011]]></category>
		<category><![CDATA[Daily]]></category>
		<category><![CDATA[Economic]]></category>
		<category><![CDATA[Roundup]]></category>

		<guid isPermaLink="false">http://www.forexsignals.info/daily-economic-roundup-may-4-2011.html</guid>
		<description><![CDATA[<img src="http://www.forexsignals.info//wp-content/uploads/1269732303_line_chart.png" width="16" height="16" alt="" title="Currency Charts" /><br/>
What&#8217;s on the Economic Horizon
ADP Non-Farm Employment to Show a 200K Gain
Euro zone&#8217;s Retail Sales Seen at +0.2% for March
Australian Retail Sales Also on Deck
United States
The dollar&#8217;s performance yesterday was as mixed as fruit salad yesterday! The dollar staged a nice rally versus the pound and the comdolls, ended the day barely changed against the [...]]]></description>
			<content:encoded><![CDATA[<img src="http://www.forexsignals.info//wp-content/uploads/1269732303_line_chart.png" width="16" height="16" alt="" title="Currency Charts" /><br/><div class="post_content">
<p><strong>What&#8217;s on the Economic Horizon</strong></p>
<p>ADP Non-Farm Employment to Show a 200K Gain<br />
Euro zone&#8217;s Retail Sales Seen at +0.2% for March<br />
Australian Retail Sales Also on Deck</p>
<p><strong>United States</strong></p>
<p>The dollar&#8217;s performance yesterday was as mixed as fruit salad yesterday! The dollar staged a nice rally versus the pound and the comdolls, ended the day barely changed against the euro, but gave up ground to the Swissy and the yen. The U.S. dollar index closed the U.S. trading session at 73.58, up .08 from its open. More&#8230;</p>
<p><strong>Euro Zone</strong></p>
<p>Hang in there, buddy! Despite the round of risk aversion in markets yesterday, the euro held strong against its major counterparts. EUR/USD finished the day near its open price at 1.4833, while EUR/GBP rocketed by 101 pips to .9006. More&#8230;</p>
<p><strong>United Kingdom</strong></p>
<p>The pound took a beating yesterday after weak U.K. economic data, combined with risk aversion, erased GBP/USD&#8217;s recent gains. The pair fell from a high of 1.6656 to a low of 1.6464 before closing at 1.6470. GBP/JPY plummeted by almost 200 pips from its open price of 135.31 and ended the day at 133.33. More&#8230;</p>
<p><strong>Japan</strong></p>
<p>The yen was able to gain due to a slight case of risk aversion yesterday. Earnings were reportedly lower and there was speculation going around that global growth may decelerate due to intensified security measures after Osama Bin Laden&#8217;s death. EUR/JPY, for instance, fell to 120.07 after it had opened the Asian trading session at 120.47. More&#8230;</p>
<p><strong>Canada</strong></p>
<p>That&#8217;s strike two for the Loonie! The Greenback continued to strengthen in markets for the second day in a row, which took its toll on oil prices and the oil-related Loonie. As a result, USD/CAD ended the day 18 pips higher at .9527 after dropping to an intraday low of .9458. More&#8230;</p>
<p><strong>Australia</strong></p>
<p>No thank you RBA! The Aussie found itself losing ground across the board due to the not-as-hawkish-as-before interest rate statement of the RBA yesterday. AUD/USD fell to 1.0863 from its open at 1.0942 while AUD/JPY dropped to 87.30 from 87.69. More&#8230;</p>
<p><strong>New Zealand</strong></p>
<p>The Kiwi had its wings clipped by risk aversion yesterday, forcing NZD/USD to plummet from the week open price of .8067 to last week&#8217;s low of .7970. Will it have a chance to fly again today? More&#8230;</p>
<p><strong>Switzerland</strong></p>
<p>Let&#8217;s go, Swissy, let&#8217;s go! The Swiss franc chalked up another day of gains against the Greenback as USD/CHF reached the .8600 area. The pair opened at .8656, reached a low of .8596, before closing at .8616. Could the franc extend its winning streak today? More&#8230;</p>
<p>I know you&#8217;re excited to grab some pips by trading the economic events on deck, but make sure you drop by my buddy Big Pippin&#8217;s Daily Chart Art exhibit first for a quick rundown of the technical setups worth playing. Always remember that fundamentals goes hand in hand with technical analysis!</p>
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		<title>Daily Economic Roundup &#8211; May 3, 2011</title>
		<link>http://www.forexsignals.info/daily-economic-roundup-may-3-2011.html</link>
		<comments>http://www.forexsignals.info/daily-economic-roundup-may-3-2011.html#comments</comments>
		<pubDate>Wed, 04 May 2011 01:28:59 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Currency Charts]]></category>
		<category><![CDATA[2011]]></category>
		<category><![CDATA[Daily]]></category>
		<category><![CDATA[Economic]]></category>
		<category><![CDATA[Roundup]]></category>

		<guid isPermaLink="false">http://www.forexsignals.info/daily-economic-roundup-may-3-2011.html</guid>
		<description><![CDATA[<img src="http://www.forexsignals.info//wp-content/uploads/1269732303_line_chart.png" width="16" height="16" alt="" title="Currency Charts" /><br/>
What&#8217;s on the Economic Horizon
RBA to Keep Rates Steady at 4.75%?
U.K. Manufacturing PMI Due Today
U.S. Factory Orders Up by 1.9% in March?
United States
Did y&#8217;all see that huge comeback by the Greenback? The U.S. dollar partied along with the Americans on Ground Zero yesterday on news that U.S. forces were able to kill Al Qaeda leader [...]]]></description>
			<content:encoded><![CDATA[<img src="http://www.forexsignals.info//wp-content/uploads/1269732303_line_chart.png" width="16" height="16" alt="" title="Currency Charts" /><br/><div class="post_content">
<p><strong>What&#8217;s on the Economic Horizon</strong><br />
RBA to Keep Rates Steady at 4.75%?<br />
U.K. Manufacturing PMI Due Today<br />
U.S. Factory Orders Up by 1.9% in March?</p>
<p><strong>United States</strong></p>
<p>Did y&#8217;all see that huge comeback by the Greenback? The U.S. dollar partied along with the Americans on Ground Zero yesterday on news that U.S. forces were able to kill Al Qaeda leader Osama bin Laden. Because of that, USDX was able to keep its head above the 73.00 mark while the Greenback gained against most of its counterparts. More&#8230;</p>
<p><strong>Euro Zone</strong></p>
<p>What a crazy Monday it was for the euro! After it had dropped during the Asian session on the news that Osama Bin Laden had been killed, EUR/USD managed to stage a snapback rally and recuperate all of its losses during the U.S. trading session. The pair ended the day at 1.4832, 18 pips higher from its opening price. More&#8230;</p>
<p><strong>United Kingdom</strong></p>
<p>Too bad the Royal Wedding high didn&#8217;t last long! While my mates over in the U.K. were celebrating their May day holiday, the pound bears were hard at work. As a result, GBP/JPY fell by 42 pips to 135.30. The pound lost to the Greenback though, when Osama&#8217;s death gave the dollar support, and dragged GBP/USD 59 pips lower to 1.6656. More&#8230;</p>
<p><strong>Japan</strong></p>
<p>The yen&#8217;s performance yesterday was as mixed as the reviews for the movie Arthur. It was able to get two thumbs up for its moves against the Greenback, pound, and Aussie but it didn&#8217;t do so well against the euro. If you&#8217;re wondering what&#8217;s in store for the yen today, read on! More&#8230;</p>
<p><strong>Canada</strong></p>
<p>After its impressive rally last Friday, the Loonie&#8217;s performance yesterday was surprisingly lackluster. Despite posting a new low, USD/CAD ended the day 60 pips higher due to Canada&#8217;s uncertain political outlook. More&#8230;</p>
<p><strong>Australia</strong></p>
<p>&#8220;Man, that 1.1000 handle is tough to break!&#8221; complained AUD/USD yesterday after two failed attempts to rally past the major psychological resistance. It didn&#8217;t help that news of Osama bin Laden&#8217;s death spurred a U.S. dollar rally then. Australia will take center stage today so let&#8217;s see how the Aussie will fare. More&#8230;</p>
<p><strong>New Zealand</strong></p>
<p>The Kiwi took a hit against the Greenback yesterday as the world&#8217;s most wanted terrorist, Osama bin Laden, was also hit. Oh okay, bad joke, but you get the idea. Osama&#8217;s death sent a positive wave to the dollar bulls, which sent NZD/USD 28 pips lower at .8066. More&#8230;</p>
<p><strong>Switzerland</strong></p>
<p>Despite the worse-than-expected economic reports that came out from Switzerland, the franc managed to clock in mixed price action against its major counterparts. Though USD/CHF was almost unchanged at .8651, EUR/CHF rose by 10 pips to 1.2827. Meanwhile, GBP/CHF dropped by 64 pips to 1.4406. More&#8230;</p>
<p>
I know you&#8217;re excited to grab some pips by trading the economic events on deck, but make sure you drop by my buddy Big Pippin&#8217;s Daily Chart Art exhibit first for a quick rundown of the technical setups worth playing. Always remember that fundamentals goes hand in hand with technical analysis!</p>
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		<title>Daily Economic Roundup &#8211; May 2, 2011</title>
		<link>http://www.forexsignals.info/daily-economic-roundup-may-2-2011.html</link>
		<comments>http://www.forexsignals.info/daily-economic-roundup-may-2-2011.html#comments</comments>
		<pubDate>Tue, 03 May 2011 01:30:06 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Currency Charts]]></category>
		<category><![CDATA[2011]]></category>
		<category><![CDATA[Daily]]></category>
		<category><![CDATA[Economic]]></category>
		<category><![CDATA[Roundup]]></category>

		<guid isPermaLink="false">http://www.forexsignals.info/daily-economic-roundup-may-2-2011.html</guid>
		<description><![CDATA[<img src="http://www.forexsignals.info//wp-content/uploads/1269732303_line_chart.png" width="16" height="16" alt="" title="Currency Charts" /><br/>
What&#8217;s on the Economic Horizon
BOE Governor Mervyn King to Speak Today
Australia&#8217;s house price index declines by 1.7% in Q1
 Swiss Retail Sales Expected to Rise 2.5%
United States
Keep rollin&#8217; rollin&#8217; rollin&#8217; rollin&#8217;. The dollar bears danced to the tune of my brothas Limp Bizkit&#8217;s single last Friday as they continued to drag the Greenback lower against [...]]]></description>
			<content:encoded><![CDATA[<img src="http://www.forexsignals.info//wp-content/uploads/1269732303_line_chart.png" width="16" height="16" alt="" title="Currency Charts" /><br/><div class="post_content">
<p><strong>What&#8217;s on the Economic Horizon</strong></p>
<p>BOE Governor Mervyn King to Speak Today<br />
Australia&#8217;s house price index declines by 1.7% in Q1<br />
 Swiss Retail Sales Expected to Rise 2.5%</p>
<p><strong>United States</strong><br />
Keep rollin&#8217; rollin&#8217; rollin&#8217; rollin&#8217;. The dollar bears danced to the tune of my brothas Limp Bizkit&#8217;s single last Friday as they continued to drag the Greenback lower against its major counterparts. USD/JPY plunged by another 41 pips to 81.13, EUR/USD slipped 11 pips more to 1.4810, and USD/CHF dropped to a new low of .8650. More&#8230;</p>
<p><strong>Euro zone</strong></p>
<p>Whoa boy, slow down! After the EUR/USD&#8217;s strong movements on Wednesday, the currency decided to just chill in the charts yesterday and bounce around between a relatively tight 114-pip range. At the end of the day, EUR/USD found itself at 1.4824, a mere 29 pips higher from its day open price. More&#8230;</p>
<p><strong>United Kingdom</strong></p>
<p>&#8220;Success,&#8221; exclaimed the bulls last Friday as they took the pound back above the 1.6700 level versus the dollar last Friday. The bullish sentiment towards the pound seemed to be mainly due to the increasing interest rate hike expectation from the BOE now that the country was able to avoid a double-dip recession and actually grow 0.5% during the first quarter of this year. More&#8230;</p>
<p><strong>Japan</strong></p>
<p>Looks like the yen bulls were in a good mood last Friday! Despite the lack of economic reports in Japan, the yen gained against its major counterparts. USD/JPY ended up 41 pips lower at 81.13, while EUR/JPY closed 70 pips below its open price at 120.14. Was it because traders were gearing up for the Golden Week ahead? More&#8230;</p>
<p><strong>Canada</strong></p>
<p>Take that, Greenback! The U.S. dollar was no match to the Canadian dollar strength last Friday as USD/CAD slid back to its previous lows around the .9450 area. How much further can this pair drop this week?More&#8230;</p>
<p><strong>Australia</strong></p>
<p>Up, up, and away! Rising commodity prices and continued dollar weakness in markets pushed AUD/USD higher for the fourth day in a row last Friday, boosting the pair to a new high 34 pips higher than its open price at 1.0961. Looks like the Aussie bulls just can&#8217;t be tamed! Oh wait, I think that&#8217;s the teen pop idol Miley Cyrus that Happy Pip was talking about&#8230; More&#8230;</p>
<p><strong>New Zealand</strong></p>
<p>Friday turned out to be a very good day for NZD/USD as it was able to go beyond its highest level this year. The pair had climbed as high as .8109 intraday before it closed the week at .8093. More&#8230;</p>
<p><strong>Switzerland</strong></p>
<p>Thanks to hawkish comments from SNB President Philipp Hildebrand and a very positive KOF economic barometer, the Swissy was able to stage a magnificent rally versus the Greenback last Friday. USD/CHF dropped almost 90 pips from its open price and ended the day at a new all-time low at .8650 More&#8230;
</p>
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		<title>Daily Economic Roundup &#8211; April 29, 2011</title>
		<link>http://www.forexsignals.info/daily-economic-roundup-april-29-2011.html</link>
		<comments>http://www.forexsignals.info/daily-economic-roundup-april-29-2011.html#comments</comments>
		<pubDate>Sat, 30 Apr 2011 01:55:55 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Currency Charts]]></category>
		<category><![CDATA[2011]]></category>
		<category><![CDATA[April]]></category>
		<category><![CDATA[Daily]]></category>
		<category><![CDATA[Economic]]></category>
		<category><![CDATA[Roundup]]></category>

		<guid isPermaLink="false">http://www.forexsignals.info/daily-economic-roundup-april-29-2011.html</guid>
		<description><![CDATA[<img src="http://www.forexsignals.info//wp-content/uploads/1269732303_line_chart.png" width="16" height="16" alt="" title="Currency Charts" /><br/>
What&#8217;s on the Economic Horizon
PCE Index To Show Subdued Inflation
KOF Economic Barometer to Inch Lower
Canada: Did Not Grow in February?
United States
All you dollar bulls must be hurtin&#8217; right now! Once again, the dollar found itself on the losing end during yesterday&#8217;s trading, as it struggled against most of its major counterparts. EUR/USD edged 26 pips [...]]]></description>
			<content:encoded><![CDATA[<img src="http://www.forexsignals.info//wp-content/uploads/1269732303_line_chart.png" width="16" height="16" alt="" title="Currency Charts" /><br/><div class="post_content">
<p><strong>What&#8217;s on the Economic Horizon</strong></p>
<p>PCE Index To Show Subdued Inflation<br />
KOF Economic Barometer to Inch Lower<br />
Canada: Did Not Grow in February?</p>
<p><strong>United States</strong></p>
<p>All you dollar bulls must be hurtin&#8217; right now! Once again, the dollar found itself on the losing end during yesterday&#8217;s trading, as it struggled against most of its major counterparts. EUR/USD edged 26 pips higher to finish at 1.4821, while USD/JPY dropped 50 pips to end at 81.54. More&#8230;</p>
<p><strong>Euro zone</strong></p>
<p>Whoa boy, slow down! After the EUR/USD&#8217;s strong movements on Wednesday, the currency decided to just chill in the charts yesterday and bounce around between a relatively tight 114-pip range. At the end of the day, EUR/USD found itself at 1.4824, a mere 29 pips higher from its day open price. More&#8230;</p>
<p><strong>United Kingdom</strong></p>
<p>Cable&#8217;s price action yesterday was as sharp as a needle. Cable started the day very strong and rallied as high as high as 1.6747, but it made a hard U-turn and gave up all of its gains to end the day at 1.6638. All in all, Cable only gained 3 pips. If you look at the daily chart of Cable, you&#8217;ll see a very pointed pin-like candlestick!</p>
<p><strong>Japan</strong></p>
<p>With the markets mostly in consolidation, yen crosses gave back some of their recent gains, allowing the yen to come out on top yesterday. EUR/JPY and GBP/JPY dropped 51 and 78 pips respectively, ending the day at 120.84 and 135.68. More&#8230;</p>
<p><strong>Canada</strong></p>
<p>Due to the absence of high-profile economic reports from Canada, USD/CAD found itself right where it left off at the end of the U.S. trading session. It closed the day at .9508, just 5 pips higher from its opening price. More&#8230;</p>
<p><strong>Australia</strong></p>
<p>Is there no stopping the Aussie? For the 3rd consecutive day, AUD/USD rallied up the charts, breaking another psychological round figure (1.0900) along the way. The pair rose 56 pips to find itself closing at 1.0927. Is 1.1000 out of the question? More&#8230;</p>
<p><strong>New Zealand</strong><br />
Yesterday, the Kiwi showed us all why it was named after a flightless bird. Without any support from economic data, NZD/USD dropped 62 pips to .8015, forming a bearish daily candlestick after Wednesday&#8217;s spinning top. Is the Kiwi really destined to fall? More&#8230;</p>
<p><strong>Switzerland</strong></p>
<p>The Swissy looked just like a crab the way it traded sideways yesterday! Even with the U.S.&#8217;s GDP release, USD/CHF stayed in consolidation, closing just 6 pips lower at the end of the day. More&#8230;
</p>
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		<title>Daily Economic Roundup &#8211; April 28, 2011</title>
		<link>http://www.forexsignals.info/daily-economic-roundup-april-28-2011.html</link>
		<comments>http://www.forexsignals.info/daily-economic-roundup-april-28-2011.html#comments</comments>
		<pubDate>Fri, 29 Apr 2011 01:27:58 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Currency Charts]]></category>
		<category><![CDATA[2011]]></category>
		<category><![CDATA[April]]></category>
		<category><![CDATA[Daily]]></category>
		<category><![CDATA[Economic]]></category>
		<category><![CDATA[Roundup]]></category>

		<guid isPermaLink="false">http://www.forexsignals.info/daily-economic-roundup-april-28-2011.html</guid>
		<description><![CDATA[<img src="http://www.forexsignals.info//wp-content/uploads/1269732303_line_chart.png" width="16" height="16" alt="" title="Currency Charts" /><br/>
What&#8217;s on the Economic Horizon
U.S. Fed decides to end QE2 on schedule
U.K. GDP in line with expectations
Australia&#8217;s CPI highest since 2008

United States
Guess who just came in and cheered the markets up like it was Christmas! Yesterday Fed Chairman Ben Bernanke announced the Fed&#8217;s decision to end its QE2 program as scheduled, which boosted risk appetite [...]]]></description>
			<content:encoded><![CDATA[<img src="http://www.forexsignals.info//wp-content/uploads/1269732303_line_chart.png" width="16" height="16" alt="" title="Currency Charts" /><br/><div class="post_content">
<p><strong>What&#8217;s on the Economic Horizon</strong></p>
<p>U.S. Fed decides to end QE2 on schedule<br />
U.K. GDP in line with expectations<br />
Australia&#8217;s CPI highest since 2008</p>
<p>
<strong>United States</strong></p>
<p>Guess who just came in and cheered the markets up like it was Christmas! Yesterday Fed Chairman Ben Bernanke announced the Fed&#8217;s decision to end its QE2 program as scheduled, which boosted risk appetite in markets. As a result, the low-yielding Greenback took major hits, with EUR/USD flying by 154 pips to 1.4794 and GBP/USD rocketing by 160 pips to 1.6635. More&#8230;</p>
<p><strong>Euro zone</strong></p>
<p>Can&#8217;t touch this! There was just no stopping the euro from closing at its new one year high against the dollar at 1.4795 yesterday. Against the yen, it rallied 198 pips to end the day at 121.35. Boo yeah! More&#8230;</p>
<p><strong>United Kingdom</strong></p>
<p>It&#8217;s all about the positives, baby! The pound was able to rally strongly against the dollar yesterday, thanks to the GDP report showing growth. GBP/USD, which started the day at 1.6475, closed the U.S. trading session a whopping 160 pips higher at 1.6635. More&#8230;</p>
<p><strong>Japan</strong></p>
<p>Ooomph! With the way the yen was clobbered in the charts yesterday, it looks as if its major counterparts did The Powerbomb on it many times over! Disappointing economic reports from Japan and a not-so-surprising downgrade of its credit rating outlook plunged the yen across the board, with USD/JPY tipping an intraday high of 82.79. EUR/JPY also rose by a whopping 198 pips to 121.35, while GBP/JPY climbed by as much as 213 pips to 136.46. More&#8230;</p>
<p><strong>Canada</strong></p>
<p>Geronimooo! Despite the lack of economic data to munch on, bears on USD/CAD still enjoyed the trip down from the pair&#8217;s intraday high of .9577 all the way to its closing price of .9503 yesterday. More&#8230;</p>
<p><strong>Australia</strong></p>
<p>Thanks to positive inflation reports from Australia and US Fed Chairman Ben Bernanke&#8217;s speech yesterday, AUD/USD blasted through possible resistance levels and went on to make new highs. Boo yeah! The pair started rising almost as soon as the day started, and closed 90 pips above its open price. At this rate, the Aussie will reach 1.0200 before you know it! More&#8230;</p>
<p><strong>New Zealand</strong></p>
<p>What a bore! Due to the absence of high-profile economic reports from New Zealand, NZD/USD ended the U.S. trading session barely changed from its day open price. NZD/USD closed at .8077, a mere 13 pips higher. More&#8230;</p>
<p><strong>Switzerland</strong></p>
<p>If you&#8217;re a fan of see-saws, then you must&#8217;ve enjoyed trading USD/CHF yesterday! The pair fell below .8700 major psychological handle early during the Asian session, but quickly recovered and rallied .8834. At the end of the day, USD/CHF was at .8738, just 21 pips lower from its opening price. More&#8230;</p>
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