Earlier today, official data showed that Japanese second quarter GDP (a year-on-year and also a quarter-on-quarter basis) rose less-than-expected, missing analysts’ forecasts. In this environment, the yen moved little lower against the greenback, but did this move change anything in the short-term picture of the exchange rate?

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Earlier today, the Australian dollar moved lower against its U.S. counterpart after official data showed that Chinese fixed-asset investment for July rose less-than-expected. Additionally, industrial production and retail sales numbers also disappointed market participants, which approached AUD/USD to the Wednesday’s low. What happened at the same time with our other currency pairs?

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Although the Labor Department reported that the number of initial jobless claims dropped by 1,000 to 266,000, the data missed analysts’ expectation for a decrease by 4,000, which pushed the USD Index lower. What impact did this drop have on the euro, pound and yen?

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Earlier today, the U.S. dollar declined sharply against its Canadian counterpart as crude oil’s futures bounced off session’s lows and came back to around $43. As a result, USD/CAD dropped under the lower border of the rising wedge once again. Will this time currency bears manage to push the exchange rate lower?

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Earlier today, official data showed that Chinese exports dropped by 4.4% and imports declined by 12.5% (both year-on-year basis), which affected negatively investors’ sentiment and pushed the Australian dollar lower against the greenback. As a result, currency bulls didn't manage to break above the major short-term resistance zone once again. What does it mean for AUD/USD?

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