http://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/http://www.fxstreet.com/fundamental/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-10-17.htmlDespite plenty of macroeconomic publications, during the previous week revelead more news regarding the never-ending crisis of the banking sector. Stock markets began the week strongly which positively affetced the increasing eurodollar and weakening Japanese Yen against most currencies. That is a natural reaction of the market to decreasing risk aversion. On Tuesday, the Euro discontinued gaining and finished close to Monday’s close. The british pound also experienced low volatility despiteFri, 17 Oct 2008 14:37:45 GMThttp://www.fxstreet.com/fundamental/market-view/Robert.kosowski@xtb.pl (X-Trade Brokers, XTB)http://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-10-17.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-10-03.htmlMarkets have not been so nervous since a very long time. Volatility on many currencies increased to over 20% during one week! On Tuesday, the American Congress rejected Paulson’s plan, which was designed to lift American banks from the crisis. The Congress did not like the idea to use public money ($700 billion) in order to cure the current situation. On Thursday though, the re-designed plan was accepted by the Senate. Everybody is holding their breath to see if it is going to work and if theFri, 03 Oct 2008 14:00:08 GMThttp://www.fxstreet.com/fundamental/market-view/Robert.kosowski@xtb.pl (X-Trade Brokers, XTB)http://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-10-03.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-09-26.htmlThe main topic at the beginning of this past week was the electrifying news that the U.S government plans to spend $700 billion to save the tumbling financial market. After the information leaked to the public, the EUR/USD reached its weekly high at $1.4865, being at the same time an important resistance level. Not being able to brake this important level, the Eurodollar began its correction movement and finish the week at $1.4590, despite worse news from the American economy – GDP in the 2ndFri, 26 Sep 2008 14:35:43 GMThttp://www.fxstreet.com/fundamental/market-view/Robert.kosowski@xtb.pl (X-Trade Brokers, XTB)http://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-09-26.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-09-15.htmlThis past week currencies reacted to spectacular events instead of macroeconomic data. Last weekend, the U.S government announced that it will nationalize Fannie Mae and Freddie Mac, two of the largest institutions specializing in mortgages. The information was a positive kicker for the U.S dollar, which remained gaining till it reached $1.3881 against the euro. A correction movement on Friday, after lower than expected PPI inflation publication, lifted the Eurodollar to $1.4105. Also veryMon, 15 Sep 2008 07:54:07 GMThttp://www.fxstreet.com/fundamental/market-view/Robert.kosowski@xtb.pl (X-Trade Brokers, XTB)http://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-09-15.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-09-05.htmlThis past week volatility increased on currency markets. Investors were anxiously waiting for the European Central Bank’s (ECB) and Bank of England’s (BoE) decision regarding interest rates. To no surprise, both central bank’s kept interest rates unchanged at their current levels of 4.00% and 5.00% respectively. Markets did not react very strong since everybody was waiting for Friday’s U.S labor market report. Unemployment rate in the United States increased to 6.1% while nonfarm payrollsFri, 05 Sep 2008 15:07:42 GMThttp://www.fxstreet.com/fundamental/market-view/Robert.kosowski@xtb.pl (X-Trade Brokers, XTB)http://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-09-05.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-09-03.htmlThis past week brought hope that the situation on stock markets is stabilizing. Indices worldwide gained mostly after better than expected news from the U.S market. The whole world is watching what is going on in Georgia. The situation on financial markets is still pretty tough. The financial sector is still closely watched by investors. At the beginning of the week news spread that the another financial institution in the U.S went bankrupt – Columbia Bank and Trust. Also, the deal to acquireWed, 03 Sep 2008 10:13:08 GMThttp://www.fxstreet.com/fundamental/market-view/Robert.kosowski@xtb.pl (X-Trade Brokers, XTB)http://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-09-03.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-08-18.htmlWe have interesting things going on the currency market. The Eurodollar has not been quoted so low since the end of February. How low can it go? This week’s macro publications should not be decisive but some will bring attention of investors. Monday will lack important news so the week for investors will actually start on Tuesday. The Bank of Japan is expected to keep interest rates at 0.5%. Any other decision will be a surprise to the markets. News that the biggest European economy is slowingMon, 18 Aug 2008 10:22:07 GMThttp://www.fxstreet.com/fundamental/market-view/Robert.kosowski@xtb.pl (X-Trade Brokers, XTB)http://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-08-18.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-08-08.htmlLast week in spite of lots of significant fundamental data, the market was totally dominated by the ECB’s decision with regard to interest rates in the Euro Zone and the press conference of the ECB’s chairman - Jean-Claude Trichet. Interest rates remained unchanged at the level of 4.25%, but during the conference Trichet expressed his fear about the Euro Zone’s inflation and especially low economical growth. Investors did expect some information with regard to an eventual hike on rates in theFri, 08 Aug 2008 13:57:54 GMThttp://www.fxstreet.com/fundamental/market-view/Robert.kosowski@xtb.pl (X-Trade Brokers, XTB)http://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-08-08.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-07-28.v02.htmlIn terms of macroeconomic publications, the upcoming week is vacation time. Only till Thursday since on Friday investors are waiting for the bomb – U.S labor market reports. On Tuesday, worth attention will the Conference Board Consumer Confidence Index. Last Friday’s University of Michigan index was much better than expected. Will the Conference Board’s index also surprise investors? On Wednesday, I will pay attention to two reports. The first from the Euro zone – unemployment rate (no changeMon, 28 Jul 2008 14:37:17 GMThttp://www.fxstreet.com/fundamental/market-view/Robert.kosowski@xtb.pl (X-Trade Brokers, XTB)http://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-07-28.v02.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-07-28.htmlThis past week lacked important macroeconomic information so local currencies followed the Eurodollar market. What was decisive were quarterly reports published by American companies and those were mostly worse than expected (Wachovia, Apple, Texas Instruments). Surprisingly, U.S equities markets reacted with a strong increase, which was an impulse for the dollar to gain value. Sentiment towards the American currency came back and the EUR/USD tumbled all the way to $1.5690 on Friday while atMon, 28 Jul 2008 09:20:32 GMThttp://www.fxstreet.com/fundamental/market-view/Robert.kosowski@xtb.pl (X-Trade Brokers, XTB)http://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-07-28.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-07-21.v02.htmlAfter last week’s vast amount of information, this week investors can catch their breath. Still, some reports can move the markets, especially the U.S housing market publications. The beginning of the week should be slow. On Monday, no news bring my attention. On Tuesday, the most important report will be regarding Canadian retail sales. Also, speeches by Bank of England’s Governor King, U.S Treasury Secretary Paulson and FOMC Member, Plosser. I would focus on King’s speech, who is due toMon, 21 Jul 2008 14:46:08 GMThttp://www.fxstreet.com/fundamental/market-view/Robert.kosowski@xtb.pl (X-Trade Brokers, XTB)http://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-07-21.v02.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-07-21.htmlThe moment investors were waiting on finally happened. The Eurodollar reached a new all-time high at 1.6039 on Tuesday. There was no clear impulse for such strong action. What caused the depreciation of the American dollar was the worsening investment climate on global stock exchanges causing an exodus from assets denominated in U.S dollars. Macroeconomic news that were published later on during the week, caused the EURUSD to retreat all the way to 1.5850. The main reason for this correctionMon, 21 Jul 2008 08:48:01 GMThttp://www.fxstreet.com/fundamental/market-view/Robert.kosowski@xtb.pl (X-Trade Brokers, XTB)http://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-07-21.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-07-14.htmlIt is mid-summer and it is getting hot on the financial markets. The upcoming week is full of inflation reports. Those will decide on monetary policy of central banks so investors need to pay close attention to them. On Tuesday a bunch of important reports will be published. The GBP will certainly react to the CPI publication. This report will show how the British economy is doing (recently not so well) and maybe give another problem to the British Monetary Policy Council. The same day weMon, 14 Jul 2008 10:36:21 GMThttp://www.fxstreet.com/fundamental/market-view/Robert.kosowski@xtb.pl (X-Trade Brokers, XTB)http://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-07-14.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-07-07.htmlLast week ended strongly on Thursday with the ECB interest rate statement and the U.S labor market report. The upcoming week will be much calmer and should not cause heart attacks of investors although certain reports and publications will be followed very thoroughly. The more important reports will be revealed on Tuesday. Investors will be waiting for the U.S Pending home sales publication. No shocking news are expected since the economy is slowing down. Related to the housing market will beMon, 07 Jul 2008 10:19:55 GMThttp://www.fxstreet.com/fundamental/market-view/Robert.kosowski@xtb.pl (X-Trade Brokers, XTB)http://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-07-07.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-07-04.htmlGlobal equities markets are in a tough situation. Declining indices and session finishing in red are not the best advertisement for stocks recently. The mood of investors is not good and it seems that this situation can last for some time. This past week was no different. Declines were not spectacular but steady. The American economy is far from recovering, and investors are starting to get worried. The Dow Jones Industrial Average declined by 1.25% to 11,287 while the S&P 500 dropped byFri, 04 Jul 2008 13:43:29 GMThttp://www.fxstreet.com/fundamental/market-view/Robert.kosowski@xtb.pl (X-Trade Brokers, XTB)http://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-07-04.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-06-30.htmlThe upcoming week will decide on the direction of the main currency pair in the world – the Eurodollar. The news investors are waiting for will be published on Thursday. The European Central Bank (ECB) is expected to hike interest rates by 25 basis points to 4.25%. Such move would have been a big surprise a couple of weeks ago but recent reports revealed the inflation is increasing quickly in the Euro zone and the ECB needs to take steps to fight it. As important as the decision itself will beMon, 30 Jun 2008 10:03:52 GMThttp://www.fxstreet.com/fundamental/market-view/Robert.kosowski@xtb.pl (X-Trade Brokers, XTB)http://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-06-30.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-06-23.htmlInvestors were anxiously waiting for the upcoming week, especially for Wednesday’s decision of the Fed regarding interest rates. The market expects the American central bank to leave the federal funds rate unchanged at 2.00%. That would stop a series of interest rates decreases in the U.S. Inflation is a danger to the economy and it seems the Ben Bernanke finally noticed it. Also on Wednesday, the Polish Monetary Policy Council (MPC) will announce the new level of interest rates in Poland.Mon, 23 Jun 2008 12:07:09 GMThttp://www.fxstreet.com/fundamental/market-view/Robert.kosowski@xtb.pl (X-Trade Brokers, XTB)http://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-06-23.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-06-20.htmlDue to the lack of other important macroeconomic reports this past week, investors focused on inflation data and possible future monetary policy of major central banks – the ECB and the Fed. CPI in the Euro zone exceeded analysts’ forecasts and reached 3.7% on a yearly basis. Despite increasing inflation in the U.S (confirmed by Tuesday’s PPI publication), the market expects the ECB to make the first move and hike interest rates. The EUR/USD reacted to those speculations by increasing fromFri, 20 Jun 2008 14:31:23 GMThttp://www.fxstreet.com/fundamental/market-view/Robert.kosowski@xtb.pl (X-Trade Brokers, XTB)http://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-06-20.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-06-16.v02.htmlSummer is approaching and is getting hot on financial markets. The upcoming week will certainly be interesting and news from the U.S will not be on the spotlight as usual. On Monday, investors will be waiting for news from the American market with the TIC Net Long-Term Transactions publication being released. Later on all eyes will be on Ben Bernanke who is due to deliver a speech entitled "Challenges for Health-Care Reform" at the Senate Finance Committee Health Reform Summit in WashingtonMon, 16 Jun 2008 13:01:47 GMThttp://www.fxstreet.com/fundamental/market-view/Robert.kosowski@xtb.pl (X-Trade Brokers, XTB)http://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-06-16.v02.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-06-16.htmlLast week showed that sentiment towards the dollar is still strong. Speeches given by Fed’s Chairman, Ben Bernanke, were interpreted as “hawkish” causing the eurodollar to drop from $1.5825 all the way to $1.5320 throughout the course of the week. Bernanke mentioned that inflation can be dangerous for the American economy and that the Fed will “take all necessary steps” to fight it. Analysts already predict interest hikes in the U.S to 2.75% till the end of the year. The threat of inflationaryMon, 16 Jun 2008 10:01:06 GMThttp://www.fxstreet.com/fundamental/market-view/Robert.kosowski@xtb.pl (X-Trade Brokers, XTB)http://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-06-16.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-06-09.htmlAfter last Friday’s U.S labor market report, the fear of recession in America stroke back. Markets dropped and the dollar tumbled. How investors will react to the situation? The upcoming week can bring some answers since some interesting macroeconomic reports will be published. On Monday, investors will pay attention to the Pending Home Sales publication from the U.S and Jean Claude Trichet who is due to speak at the Forum for New Diplomacy in Paris. Tuesday will be much more exciting. We willMon, 09 Jun 2008 13:07:59 GMThttp://www.fxstreet.com/fundamental/market-view/Robert.kosowski@xtb.pl (X-Trade Brokers, XTB)http://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-06-09.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-05-30.htmlWe have not had such an exciting week ahead of us in a long time. We kick-off on Monday with the U.S ISM-Manufacturing report, which supposed to remain at the same level, still below 50 points (at 48.6) meaning a slowdown of the economy. Also, investors will pay attention to Jean-Claude Trichet, who is due to speak at the ECB's 10th Anniversary conference. On Tuesday, those who play on the AUD need to follow the RBA interest rate statement. The day though will be filled with speeches ofFri, 30 May 2008 15:38:43 GMThttp://www.fxstreet.com/fundamental/market-view/Robert.kosowski@xtb.pl (X-Trade Brokers, XTB)http://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-05-30.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-05-19.htmlLast week’s inflation reports moved currency and stock markets. The upcoming week should be as interesting as the previous one. The situation on financial markets seems to be stabilizing, which is really a good sign. There are couple of macroeconomic reports being published this week that can provide more insight into the global economic situation. On Tuesday, we will get the Producer’s Price Index (PPI) from the U.S. In Europe, Germany will publish its ZEW Economic Sentiment index. PolishMon, 19 May 2008 10:46:00 GMThttp://www.fxstreet.com/fundamental/market-view/Robert.kosowski@xtb.pl (X-Trade Brokers, XTB)http://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-05-19.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-05-16.htmlCurrency markets are pretty volatile recently and it was no different this past week. These big swings were caused by the inflation reports published in the United States, the Euro zone, the UK and Poland. In the Euro zone CPI inflation stayed unchanged at 3.3% (on a yearly basis), which is way above the 2.0% limit set by the European Central Bank (ECB). High inflation is a problem since the European economy is slowing down and an interest rate cut seems reasonable. Right now, the chances forFri, 16 May 2008 15:30:43 GMThttp://www.fxstreet.com/fundamental/market-view/Robert.kosowski@xtb.pl (X-Trade Brokers, XTB)http://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-05-16.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-05-14.htmlThe beginning of the week on stock equities markets can be described by one word - boring. Stock markets are in consolidation since the beginning of the week. There are no strong impulses that can move markets. Yesterday’s session on Wall Street ended at the levels it began. The Dow Jones Industrial Average lost 0.34% to 12,832 while the S&P 500 ended 0.04% lower at 1,403. More active were investors in Asia moving the Japanese Nikkei 225 up by 1.18% to 14,119. Little was going on in WarsawWed, 14 May 2008 10:34:31 GMThttp://www.fxstreet.com/fundamental/market-view/Robert.kosowski@xtb.pl (X-Trade Brokers, XTB)http://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-05-14.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-05-12.htmlNow, when markets are slowly rebounding investors are following macroeconomic news with great attention. The week ahead of us will bring a bunch of inflation reports. Are the bad times behind us? This question is being asked by many investors all around the world. This week inflation reports will be on the spotlight? Why are they so important? They determine the future monetary policy of central banks. On Tuesday, we are expecting a report from the UK, where both CPI and Core CPI areMon, 12 May 2008 14:03:57 GMThttp://www.fxstreet.com/fundamental/market-view/Robert.kosowski@xtb.pl (X-Trade Brokers, XTB)http://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-05-12.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-05-09.htmlLast week started in fairly upbeat moods. After slightly better than expected data from the US and overall decent results from the global companies, stock indices were moving up and the dollar gained versus the major currencies. At certain stage we even witnessed a break through the resistance level of 1,5350 at the EURUSD, which could lead to a further decline. This, however, didn’t happen partly because of hawkish comments from the ECB’s President and partly because of a rise in oil prices.Fri, 09 May 2008 15:28:05 GMThttp://www.fxstreet.com/fundamental/market-view/Robert.kosowski@xtb.pl (X-Trade Brokers, XTB)http://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-05-09.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-05-05.htmlComing days on financial markets should be considerably calmer than the last week, as the list of macroeconomic reports to be released is much shorter and the most crucial earnings reports are already behind us. The last week’s US data was a bit better than expected but not decisive and therefore the market is reverting big slide in the EURUSD (to around 1,55 from 1,5360, a crucial support level on Friday) and stock indices are far from rocketing despite conquering the resistance. This week,Mon, 05 May 2008 09:38:02 GMThttp://www.fxstreet.com/fundamental/market-view/Robert.kosowski@xtb.pl (X-Trade Brokers, XTB)http://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-05-05.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-04-29.htmlIn the last week we witnessed a major change in the sentiment on the forex. After numerous attempts the euro broke through the psychological 1,60 USD level, scoring the new record at 1,6018. However, the market clearly was not certain if yet another wave of the dollar depreciation could be possible and what how monetary authorities could respond to it. The EURUSD didn’t manage to stay above the 1,60 threshold and this was the major reason for the correction. Later in the week the US currencyTue, 29 Apr 2008 13:55:27 GMThttp://www.fxstreet.com/fundamental/market-view/Robert.kosowski@xtb.pl (X-Trade Brokers, XTB)http://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-04-29.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-04-21.htmlWhile on the macroeconomic front this week will be much more relaxed, investors still remain focused on earnings reports published by global corporations. Those include today’s Bank of America (expected eps 0,41 USD), tomorrow’s Yahoo (0,09 USD) and AT&T (0,74 USD), Glaxosmithkline and Boeing (1,35) on Wednesday, Microsoft (0,44) and Credit Suisse on Thursday and Ericsson (0,28) on Friday to name only the hottest. Among macroeconomic reports one should stay vigilant before the US homesMon, 21 Apr 2008 10:29:37 GMThttp://www.fxstreet.com/fundamental/market-view/Robert.kosowski@xtb.pl (X-Trade Brokers, XTB)http://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-04-21.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-04-18.htmlPresident Jean Claude Trichet would be inconsistent implementing a currency intervention shortly after another set of hawkish statements. Yet it seems hard to believe for financial markets that another wave of euro’s appreciation is possible any soon. On the last Wednesday, the EURUSD scored the new all time high at 1,5977 after “higher-than-expected” CPI in the euro zone. A previous resistance around 1,59 has been conquered and from a technical point of view, a rise to the 1,62 could haveFri, 18 Apr 2008 13:09:47 GMThttp://www.fxstreet.com/fundamental/market-view/Robert.kosowski@xtb.pl (X-Trade Brokers, XTB)http://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-04-18.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-04-14.v02.htmlRetail sales figures for March in the US open what is going to be a really hot week on the macroeconomic front. While the sales (expected to slide by 0,6% m/m) is stalling on the tighter personal budgets, the inflationary threat remains in place and market awaits a rise in both consumer and producer prices (by 0,3% m/m and 0,6% m/m respectively). The CPI will be released on Wednesday and the PPI on Tuesday. In Wednesday, on top of inflation data we will see the output data. In that caseMon, 14 Apr 2008 10:27:21 GMThttp://www.fxstreet.com/fundamental/market-view/Robert.kosowski@xtb.pl (X-Trade Brokers, XTB)http://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-04-14.v02.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-04-14.htmlIn the last week the US dollar lost to all major currencies except the British pound which was under pressure from the BoE’s cut in rates. The dollar lost 0,7% to the euro, 1,7% to the yen and almost 1,5% to the Swiss frank. The outlook – especially on the EURUSD, still remains unclear. Although we had a new record (at 1,5911), its was just a notch above the previous peak from the March 17th and the market clearly was not certain of another appreciation wave of the euro. The data was mixed –Mon, 14 Apr 2008 08:09:37 GMThttp://www.fxstreet.com/fundamental/market-view/Robert.kosowski@xtb.pl (X-Trade Brokers, XTB)http://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-04-14.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-04-10.htmlMarkets are relatively calm as we approach the second half of the week. Yesterday’s minutes did not influence nor stocks neither the forex in a significant way. On one hand, Fed’s members admitted that the GDP may actually contract but on the other they were still assuming a quite vital acceleration of the GDP dynamics in 2009. We are still awaiting two important rate decisions (ECB and BoE will decide on rates tomorrow), but apart from the GBPUSD currency pair, their impact should be moderateThu, 10 Apr 2008 07:37:33 GMThttp://www.fxstreet.com/fundamental/market-view/Robert.kosowski@xtb.pl (X-Trade Brokers, XTB)http://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-04-10.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-04-07.htmlAfter another set of the weak US macroeconomic data, investors are focusing on a rate outlook again. Although the Fed will not meet this week, market is awaiting minutes from the last meeting, which are about to be published on Tuesday. Investors are wondering, why the Fed – cutting the reference rate by 75 bp – failed to meet market expectations of 100 bp cut and if members of the Committee might be afraid of further easing because of inflationary threats. The minutes will be followed by theMon, 07 Apr 2008 10:45:00 GMThttp://www.fxstreet.com/fundamental/market-view/Robert.kosowski@xtb.pl (X-Trade Brokers, XTB)http://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-04-07.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-04-04.htmlThe situation on the EURUSD pair looks really interesting. One could expect that after reaching 1,59 on March 17th, it would be hard for the market to push the euro higher in a effortless manner. Indeed, on Monday 31st the market did try test the maximum and proved unsuccessful. Such an outcome spelled longer consolidation which we may observe for a while. The ceiling lays at 1,59, while a strong line of support is at 1,5350. The pair would be probably heading there if not the payrolls report,Fri, 04 Apr 2008 15:58:26 GMThttp://www.fxstreet.com/fundamental/market-view/Robert.kosowski@xtb.pl (X-Trade Brokers, XTB)http://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-04-04.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-03-28.htmlThe appreciation of the dollar did not last long. Higher than anticipated Ifo reading and better results from the German companies reflected a relative strength of the European economy and was a major cause for the appreciation of the euro within the last few days. Still, the resistance at 1,5865 on the EURUSD proved successful and at the end of the week we noticed consolidation instead of new records. There seem to be two options for future developments – both assuming a continuance of theFri, 28 Mar 2008 16:37:28 GMThttp://www.fxstreet.com/fundamental/market-view/Robert.kosowski@xtb.pl (X-Trade Brokers, XTB)http://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-03-28.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-03-25.v02.htmlThe US durable orders report is sometimes more important just like prices often change purely because of a sentiment on the market. Only because of a one-off surge in those orders in December, the 4th quarter GDP change was above the surface. While the GDP final estimate (due on Thursday) isn’t likely to have a major impact, the report on durables will indicate if we are about to see a drop in the GDP on April 30th when the advance data for the 2nd quarter is being released. The report isTue, 25 Mar 2008 10:36:52 GMThttp://www.fxstreet.com/fundamental/market-view/Robert.kosowski@xtb.pl (X-Trade Brokers, XTB)http://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-03-25.v02.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-03-25.htmlThe last week had a clear winner on the forex and it was the US dollar. The US currency gained almost 3% to the euro, 3,5% to the yen, nearly 2% to the British pound and almost 4% to the Swiss frank. There were generally two reasons behind this appreciation. Firstly, the previous appreciation wave of the euro reached 1,59 threshold matching the range of a similar wave in autumn 2007, so some technical correction seemed likely. Secondly, the Fed provided an excuse for such a correction loweringTue, 25 Mar 2008 09:55:04 GMThttp://www.fxstreet.com/fundamental/market-view/Robert.kosowski@xtb.pl (X-Trade Brokers, XTB)http://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-03-25.htmlhttp://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-03-07.htmlSentiment towards the American currency is still declining. Despite decent news from the U.S labor market and economy, the USD kept declining. The financial world was waiting was waiting mainly for two decisions today. Both did not surprise as the European Central Bank (ECB) kept interest rates at 4.00% while the Bank of England at 5.25%. More important for the market was the press conference held by ECB’s president, Jean Claude Trichet. Trichet indicated, as he did in his previousFri, 07 Mar 2008 08:05:48 GMThttp://www.fxstreet.com/fundamental/market-view/Robert.kosowski@xtb.pl (X-Trade Brokers, XTB)http://www.fxstreet.com/fundamental/market-view/currency-stock-markets-weekly-outlook/2008-03-07.html