http://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/http://www.fxstreet.com/fundamental/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-02-10.v02.htmlThe sentiment remained mixed in the market as this week comes to an end, where after finance ministers announced that Greece will reach a final agreement next week, markets reversed to the downside as Greek officials disappointed investors more than once, where they failed to meet any deadline so far and postponed debt-talks several times, which added stress and tension to the markets, which are still waiting for more details over the Greek situation. The European common currency declinedFri, 10 Feb 2012 10:21:45 GMThttp://www.fxstreet.com/fundamental/analysis-reports/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-02-10.v02.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-02-10.htmlThe Greek government comes under mounting pressure after reaching a deal with political party leaders, as euro area finance ministers asked for Parliamentary consent and further austerity measures to grant Greece a second bailout worth 130 billion euros. Greek Prime Minister Office in Athens stated that a 300 million-euro gap was approved by both troika and political party leaders.   Many predicted that the agreement among political party leaders is the end, yet it is actually theFri, 10 Feb 2012 07:54:07 GMThttp://www.fxstreet.com/fundamental/analysis-reports/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-02-10.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-02-09.v04.htmlThe European Central Bank after responding to mounting market pressure and speculation of a rate cut the past two meetings, decided this meeting to maintain the benchmark interest rates at 1.0%, the marginal lending facility at 1.75% and the deposit facility at 0.25%, where the bank was not projected to lower rates below the 1.0% level unless it was forced into quantitative easing. The European Central Bank is expected to provide more tools to fight the debt crisis with more liquidity measuresThu, 09 Feb 2012 12:48:17 GMThttp://www.fxstreet.com/fundamental/analysis-reports/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-02-09.v04.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-02-09.v03.htmlThe BoE opted to leave interest rates unchanged at 0.50%, while boosting stimulus by 50 billion pounds to 325 billion pounds in February, to bolster the economy to avoid relapsing into recession. The BoE clarified that the new program will be financed by the issuance of central bank reserves. The Committee expects the program to take three months to complete, where the scale of the program will be kept under review. The monetary policy committee moved in line with analysts' forecasts ofThu, 09 Feb 2012 12:36:46 GMThttp://www.fxstreet.com/fundamental/analysis-reports/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-02-09.v03.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-02-09.v02.htmlAfter markets were mixed and fluctuating heavily, the United Kingdom released the trade balance and the industrial and manufacturing production figures for December, which added positivity to the market and supported the sentiment to improve slightly, yet cautiousness is still seen as markets are waiting for the European Central Bank and the Bank of England rate decisions. Optimism dominated the market after the data showed that the U.K trade deficit narrowed beyond expectations in December,Thu, 09 Feb 2012 10:14:28 GMThttp://www.fxstreet.com/fundamental/analysis-reports/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-02-09.v02.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-02-09.htmlToday, the main focus will be on rate decisions by the two big European Central Banks, the ECB and BoE, as monetary changes could take place this month. Starting with the ECB, although expectations refer that the ECB will keep interest rate at 1.00% in February, important notices may be given by ECB President Mario Draghi regarding the changes in the collateral that the bank will accept in its liquidity operations, in addition to other possible talks about the fiscal compact.  Thu, 09 Feb 2012 07:24:32 GMThttp://www.fxstreet.com/fundamental/analysis-reports/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-02-09.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-02-07.htmlGreece remains under the spotlight on concerns political leaders may not reach consensus regarding the further spending cuts needed to receive a second bailout worth 130 billion euros announced in October, thus tumbling into default as early as March as the government has to repay 14.5 billion euros of debt maturing. Greek Prime Minister Lucas Papademos managed to reach a tentative agreement with three of political party leaders after talks over the weekend.  Yesterday, Papademos andTue, 07 Feb 2012 07:21:13 GMThttp://www.fxstreet.com/fundamental/analysis-reports/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-02-07.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-02-03.v02.htmlAs this busy week comes to an end, the sentiment returns once again to advance in the market after the confirmed improvement in the performance of the European services sectors, which spread optimism in the market ahead of the critical jobs report from the world's largest economy. The purchasing managers' final indexes for services from the euro-area region, Germany and France confirmed the improvement in the services sectors in January, as we can see the French sector advanced to 52.3 fromFri, 03 Feb 2012 10:37:01 GMThttp://www.fxstreet.com/fundamental/analysis-reports/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-02-03.v02.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-02-03.htmlAnother week has passed without seeing an agreement between Greece and private sector bondholders over the size of losses to be bared by creditors and interest on the new loans. Athens is struggling to reach a debt-swap deal, raising concerns the debt-mired nation may face default as early as in March when 14.5 billion euros of debt matures.   A report by Bloomberg on Wednesday said Greece and its creditors may reach an agreement with a loss of 70% for a lower borrowing cost of 3.6%Fri, 03 Feb 2012 07:12:08 GMThttp://www.fxstreet.com/fundamental/analysis-reports/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-02-03.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-02-02.htmlStill, the market is showing bullishness after the release of better-than-estimated manufacturing data from major economies which provided hopes global growth will pick up in the first quarter of 2012.  Today, major economies lack important fundamentals where tomorrow the main highlight will be the U.S. jobs report. Meanwhile, the U.S. dollar is still traded near 3-month low versus the yen as the improvement in the sentiment damped safety demand on the dollar. The USD/JPY is currentlyThu, 02 Feb 2012 07:35:47 GMThttp://www.fxstreet.com/fundamental/analysis-reports/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-02-02.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-02-01.v02.htmlWith the start of the session today the sentiment was negative, while markets were pessimistic as the flow of downbeat fundamentals from Asia spread negativity in the market; however, the Chinese manufacturing sector started the optimism in the market today. Furthermore, the European manufacturing sectors improved beyond expectations in January, raising optimism in the market that the euro-area region is on the right track to avoid slipping back into another phase of deep recession despite theWed, 01 Feb 2012 10:26:46 GMThttp://www.fxstreet.com/fundamental/analysis-reports/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-02-01.v02.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-02-01.htmlStill, the main focus is on the Greek talks with private sector bondholders waiting to see an agreement regarding the size of losses to be bared by creditors and the interest on the new loans. After the EU Summit which concluded talks on Monday evening with an agreement on tougher budget rules and speed-up of introduction of the European permanent rescue fund, people are waiting to see the beginning of negotiations with international lenders for the 130-billon-euro second bailout announced inWed, 01 Feb 2012 07:15:05 GMThttp://www.fxstreet.com/fundamental/analysis-reports/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-02-01.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-31.v02.htmlToday, the sentiment improved in the market as investors are weighing the results of the European summit positively, where all eyes were focused on Europe to solve the debt crisis, which could support growth and the pace of recovery to return on the right track, especially when the debt crisis triggered the global slowdown and still threatening the global economy. The euro inclined today to recover most of the losses incurred yesterday, supported by the results of the European summit, whereTue, 31 Jan 2012 10:41:59 GMThttp://www.fxstreet.com/fundamental/analysis-reports/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-31.v02.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-31.htmlEyes are focusing on the EU Summit in Brussels which is expected to be a crucial step towards resolving the two-year-old European debt crisis which forced governments to adopt severe austerity measures to trim the huge budget deficit, thereby posing a risk of relapsing into recession, especially amid the current slowdown in global growth. Yesterday, the first-day meeting between the EU 27 leaders saw an agreement on tougher budget rules, where only Britain and Czech Republic refused to signTue, 31 Jan 2012 07:40:55 GMThttp://www.fxstreet.com/fundamental/analysis-reports/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-31.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-30.htmlWith the start of this new week, the countdown has ended as markets were tracking this day since the start of the month, awaiting the critical European summit for more details regarding the plan to launch the permanent rescue fund and to present the new budget laws in attempts to fight back the debt crisis; however, the focus shifted temporary to the business climate data, which showed some improvement in the European confidence in January. The European confidence data showed that the businessMon, 30 Jan 2012 10:56:52 GMThttp://www.fxstreet.com/fundamental/analysis-reports/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-30.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-27.htmlBoth Greek and private-sector bondholders sides said negotiations showed progress on Thursday and talks will continue on Friday, where they expect a deal to be reached within a couple of days. A report by a Greek newspaper Ethnos on Wednesday stated that private-sector creditors will accept a debt swap deal with the Greek government with an interest rate of 3.75% for new loans after Charles Dallara, who represents private-sector bondholders in the negotiations, met with bankers in Paris onFri, 27 Jan 2012 07:46:15 GMThttp://www.fxstreet.com/fundamental/analysis-reports/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-27.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-26.htmlEyes return once again on the Greek talks with private sector bondholders as Charles Dallara and Jean Lemierre, representatives of private-sector creditors, come back to Athens today to resume negotiations after the rejection of the offer introduced by the IIF by both Greece and European finance ministers. Finance Chiefs joined the Greek government in rejecting the offer proposed by private-sector bondholders which includes accepting 50% of losses in return for 4% interest rate on new loans,Thu, 26 Jan 2012 07:29:58 GMThttp://www.fxstreet.com/fundamental/analysis-reports/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-26.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-25.htmlFollowing the two-day meeting by euro area Finance Chiefs in Brussels, they joined the Greek government in rejecting the offer proposed by private-sector bondholders which includes accepting 50% of losses in return for 4% interest rate on new loans.  A senior euro zone official said there will be further negotiations despite Dallara, who represents private-sector bondholders, announcement that they made their "final offer" and their position was already clear. Worries return once again toWed, 25 Jan 2012 07:14:25 GMThttp://www.fxstreet.com/fundamental/analysis-reports/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-25.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-22.v03.htmlMarkets will be closely watching the world's biggest economy, current earnings season and a major step for the Federal Reserve. On the market watch, Federal Reserve Chairman press conference, FOMC meeting announcements, durable goods orders and fourth-quarter advanced estimate of the GDP, along with other critical economic fundamentals will be due out next week.  A new week of corporate results will be in focus actually, following a week that was strongly dominated by a batch of mixedSun, 22 Jan 2012 16:06:22 GMThttp://www.fxstreet.com/fundamental/analysis-reports/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-22.v03.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-22.v02.htmlThe European debt crisis will become the center of discussions in this week's important meetings since it is the first defendant of the slowdown in global growth and main threat for global growth prospects. As European leaders aim to resolve the debt crisis, euro area and EU finance chiefs will gather this week in Brussels to discuss methods to ease the debt woes before the EU summit on January 30. Also, policy makers and business leaders will meet at the annual meeting for the WorldSun, 22 Jan 2012 16:04:18 GMThttp://www.fxstreet.com/fundamental/analysis-reports/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-22.v02.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-22.htmlThe Asian region is queued to release significant economic data. Eyes will be on the HSBC PMI from China alongside the Bank of Japan and RBNZ interest rate decisions. Starting with the PMI by the HSBC for January, where the prior reading recorded retreated reading of 49, yet it is not positive because it still below 50. The Chinese economy is currently facing various challenges especially in economic growth, where the GDP recorded the slowest quarterly expansion in 10 due to the drop in globalSun, 22 Jan 2012 16:02:09 GMThttp://www.fxstreet.com/fundamental/analysis-reports/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-22.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-21.v03.htmlUnlike the past weeks since a new year began this week was filled with data regarding the superpower's business, labor and housing conditions along with important inflation reports all in all confirming that the revival is on track regardless of the global economic pressures and high unending jobless levels while that Canada had its prices pressures released as well and its bank; Bank of Canada, also releasing its benchmark rate. Now starting with the prices pressures, they remain well subduedSat, 21 Jan 2012 17:49:19 GMThttp://www.fxstreet.com/fundamental/analysis-reports/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-21.v03.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-21.v02.htmlThe sentiment improved this week in the market, while optimism dominated our sessions, where the flow of upbeat fundamentals and bond auctions supported the positivity to remain evident in the market through the week and the euro to rebound from the lowest record seen since August 2010. The positivity returned to the market with the start of this week, where on Monday all markets were tracking the French bond sale, especially after Standard and Poor's rating agency on Friday downgraded the topSat, 21 Jan 2012 17:47:13 GMThttp://www.fxstreet.com/fundamental/analysis-reports/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-21.v02.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-21.htmlThe Asian region contributed to restore confidence in the financial market last week after it announced a number of important economic data. The data helped in supporting the overall positive sentiment last week alongside the cheerful economic data from the U.S. economy and eased fears over Europe’s outlook. Japanese machine orders massively rebounded in November, indicating that Japanese companies are ready to invest even as the yen remains strong and the global economy remains expanding at aSat, 21 Jan 2012 17:42:10 GMThttp://www.fxstreet.com/fundamental/analysis-reports/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-21.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-20.v02.htmlThe United Kingdom released the retails sales index for December, which measures the consumption level in the economy; however, as this week comes to an end markets are still biased to the downside despite the improvement seen in the levels of spending in the United Kingdom, as some investors tend to close their positions ahead of the coming week which triggered volatility and a downside bias as markets are correcting some of the huge gain recorded during the week. The U.K. total retail salesFri, 20 Jan 2012 10:45:22 GMThttp://www.fxstreet.com/fundamental/analysis-reports/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-20.v02.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-20.htmlGreece will resume talks for a third day on Friday with private sector debt holders, after the halt of the negotiations on January 13, to reach an agreement over the size of losses to be bared by creditors, where the government has to repay 14.5 billion euro debt in March to avert bankruptcy. One finance ministry official said on Wednesday a deal could be reached with creditors by the end of the current week. Whether an agreement is reached or not, it will not solve the Greek debt problem asFri, 20 Jan 2012 07:27:40 GMThttp://www.fxstreet.com/fundamental/analysis-reports/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-20.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-19.v02.htmlThe sentiment improved in the market today after the Spanish and French bond auctions, as we can see the euro extended the gains recorded yesterday against the U.S. dollar; however, the pair is fluctuating heavily ahead of the results of the Greek debt-talk. The relief rally seen in the market was triggered by the successful bond auctions made by Spain followed by France, where both auctions witnessed lower average yields and stronger demand. Spain sold 3.009 billion euros of 5.85% 2022 bonds,Thu, 19 Jan 2012 11:30:38 GMThttp://www.fxstreet.com/fundamental/analysis-reports/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-19.v02.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-19.htmlGreece will resume talks for the second day with private sector debt holders after the halt of the negotiations on January 13, to reach an agreement over the size of losses to be bared by creditors to avert a possible default as early as in March. One finance ministry official said yesterday a deal could be reached with creditors by the end of the current week. Greece has to first convince private sector debt holders to accept 50% "haircut" of the debt then secondly it has to start a 4-yearThu, 19 Jan 2012 07:23:56 GMThttp://www.fxstreet.com/fundamental/analysis-reports/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-19.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-18.v02.htmlThe United Kingdom's unemployment climbed to the highest level in sixteen year in the quarter ended in November, raising concerns that the escalating debt crisis is still damping recovery in the United Kingdom. The United Kingdom released the unemployment rate for the three months ending in November, where the ILO unemployment rate climbed unexpectedly to 8.4%, the highest since January 1996, compared with the previous and the expected 8.3%. Unemployment as measured in the ILO methods inclinedWed, 18 Jan 2012 10:59:39 GMThttp://www.fxstreet.com/fundamental/analysis-reports/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-18.v02.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-18.htmlStill, the main focus today would remain on the debt selling by Portugal and talks between Greece and debt creditors, while the U.K. will release high-relevance unemployment data. Today, Portugal is going to sell debt maturing in 91, 182 and 336 days, where so far the bond selling this week by euro area nations is showing a remarkable improvement in terms of the decline in yield and rise in demand. The general sentiment improved yesterday after successful bond selling by Spain, Greece and theWed, 18 Jan 2012 07:35:23 GMThttp://www.fxstreet.com/fundamental/analysis-reports/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-18.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-17.v03.htmlMarkets continued the sharp rebound today after the upbeat European economic sentiment and the slowdown in inflation in addition to the Spanish bond sale, where optimism dominated the market since the start of the session today after China grew better than expected in the fourth quarter; however, the upbeat fundamentals and events in Europe supported markets to extend the gains and recover the losses incurred on Friday after S&P downgraded several euro area nations. The euro zone andTue, 17 Jan 2012 12:34:36 GMThttp://www.fxstreet.com/fundamental/analysis-reports/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-17.v03.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-17.v02.htmlThe sentiment remained positive after the release of the United Kingdom's inflation data, which showed that inflation retreated to the lowest level recorded in six months, adding positivity to the market that the Bank of England could expand the Asset Purchasing Program again, which is to end in February, as inflationary threats started to ease. The United Kingdom released the Consumer Price Index for December, where the monthly CPI index expanded by 0.4% from 0.2% as expected, while theTue, 17 Jan 2012 12:31:58 GMThttp://www.fxstreet.com/fundamental/analysis-reports/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-17.v02.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-17.htmlStill the main focus today would remain on the debt selling by euro area debt-trapped nations amid concerns the European debt crisis may intensify, especially after the S&P downgrade to France and the EFSF. After a successful bond selling in France, which managed to overshadow the S&P downgrade to a number of euro area economies, including the top-rated France and Austria, the focus remains today on auctions from a number of euro area economies, including Spain and Greece.  FranceTue, 17 Jan 2012 07:13:56 GMThttp://www.fxstreet.com/fundamental/analysis-reports/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-17.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-13.v02.htmlMarkets extended the gains recorded yesterday during the European session today as optimism dominated the market on speculation Italy will run another successful bond sale today; however, downside pressures led markets to surrender the gains after the Bank of Spain reported that Spanish banks borrowed more in December from the European Central Bank. Yesterday markets were inspired by the Italian and the Spanish bond sales, which spread positivity in the market after yields dropped sharply inFri, 13 Jan 2012 11:17:00 GMThttp://www.fxstreet.com/fundamental/analysis-reports/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-13.v02.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-13.htmlThe sentiment improved in the market yesterday after the upbeat bond auctions from Italy and Spain; however, the euro extended the gains after the European Central Bank Governing Council and the Bank of England Monetary Policy Committee opted to leave rates unchanged at 1.0% and 0.5%. The improvement seen in the market yesterday was triggered by the Spanish and the Italian bond sale, where both auctions witnessed strong demand and lower yields, which led the Spanish government to allot doubleFri, 13 Jan 2012 08:40:46 GMThttp://www.fxstreet.com/fundamental/analysis-reports/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-13.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-12.v04.htmlAfter the ECB halted its interest rate cuts seen in the past two meetings, the ECB opted to leave the rate steady at 1.00% after a unanimous vote, probably to assess the impact of its stimulus measures. Draghi sees "tentative signs of stabilization of economic activity at low levels,” despite some survey data showing low level of stabilization. He expects growth to recover gradually, where domestic demand and growth in general may be hurt by bond and financial markets tensions. However, theThu, 12 Jan 2012 14:53:21 GMThttp://www.fxstreet.com/fundamental/analysis-reports/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-12.v04.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-12.v03.htmlThe European Central Bank after responding to mounting market pressure and speculation of a rate cut last meeting, decided this meeting to maintain the benchmark interest rates at 1.0%, the marginal lending facility at 1.75% and the deposit facility at 0.25%, where the bank was not projected to lower rates below the 1.0% level unless it was forced into quantitative easing. The European Central Bank is expected to provide more tools to fight the debt crisis with more liquidity measures for theThu, 12 Jan 2012 12:39:00 GMThttp://www.fxstreet.com/fundamental/analysis-reports/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-12.v03.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-12.v02.htmlThe BoE opted to leave interest rate unchanged at 0.50% and stimulus at 275 billion pounds in January, to assess the impact of the 75 billion pounds announced in October.  As of 02:05 GMT, the pound showed slight advance against the dollar to trade around 1.5354 compared with the day's opening level of 1.5326.  After the increase the Asset Purchase Facility (APF) by 75 billion pounds in October, the BoE decided to hold their monetary policy this month probably to see the impact ofThu, 12 Jan 2012 12:10:14 GMThttp://www.fxstreet.com/fundamental/analysis-reports/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-12.v02.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-12.htmlEyes today remain on the euro area to see the latest developments and policy makers' monetary actions at the beginning of 2012 amid concerns the European debt crisis would push global economies into another recession. Still, the main focus will remain on auctions by euro area nations, yet today more attention will be given as Italy and Spain will sell 17 billion euros of bonds to repay their huge debt. Italy plans to auction 12 billion euros of notes today and 4.75 billion euroThu, 12 Jan 2012 07:22:52 GMThttp://www.fxstreet.com/fundamental/analysis-reports/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-12.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-11.v02.htmlThe sentiment is still mixed after the United Kingdom's trade deficit widened, while uncertainty is rising in the market ahead of the major events awaited during the session today, where Germany will sell 4-billion euros of 5-year bonds, while the German Chancellor is to meet the Italian premier and finally Legarde, the International Monetary Fund (IMF) chief will meet the French president, Sarkozy. The United Kingdom released the trade figures for November, where the visible trade deficit,Wed, 11 Jan 2012 10:37:12 GMThttp://www.fxstreet.com/fundamental/analysis-reports/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/2012-01-11.v02.html