Although the U.S. Commerce Department reported that the number of building permits issued in December declined by 1.9%, the data also showed that U.S. housing starts increased by 4.4% last month. Thanks to these mixed numbers, the greenback moved lower, which pushed EUR/USD to the previously-broken 2005 low. Is this a verification of the breakdown or rather the first step to higher values?

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Earlier today, Statistics Canada reported that manufacturing sales declined 1.4% in November, missing expectations for a 0.5% drop. Thanks to these disappointing numbers, USD/CAD extended gains and climbed to a fresh 2015 high. How high could the exchange rate go?

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Although yesterday’s data from the U.S. Department of Labor, the Commerce Department and the Federal Reserve Bank of Philadelphia disappointed market’s participants and pushed the greenback little lower, the USD Index rebounded and came back above 92.50 earlier today. What impact did this move have on major currency pairs? Did it change their outlooks?

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Earlier today, Switzerland's central bank decided to scrap its policy of capping the Swiss franc at 1.20 to the euro, which boosted the Swiss franc against other currencies. As a result, EUR/CHF dropped under a very important support level, which triggered a sharp decline that approached the exchange rate to the levels that we saw in 2011. How much more room to decline does the pair have?

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Earlier today, the U.S. Commerce Department reported that retail sales declined by 0.9% in Dec, missing expectations for a drop of 0.1%. Additionally, core retail sales (without automobile sales) dropped by 1.0% in the previous month, disappointing forecasts for a 0.1% increase. Thanks to these numbers, USD/JPY declined below the recent lows. Where will the pair head next?

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