http://www.fxstreet.com/fundamental/market-view/daily-forex-overview/http://www.fxstreet.com/fundamental/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-02-10.htmlFundamental Analysis EUR “Europe may soon have defused the Greek issue for a while” - Holger Schmieding, chief economist at Berenberg Bank Greece leaders Thursday agreed a deal on reforms and austerity measures in return for a 130 billion euro bailout from international lenders which will help the country to avoid a messy default. “The financial survival of the country in the coming years depends on the new program ... It is a time of responsibility for everyone,” said Finance MinisterFri, 10 Feb 2012 09:33:41 GMThttp://www.fxstreet.com/fundamental/market-view/info@dukascopy.com (Dukascopy Swiss FX Group)http://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-02-10.htmlhttp://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-02-09.htmlFundamental Analysis EUR “The situation is getting more problematic for Greece day by day” - Michael Meister, the deputy floor leader and finance spokesman in parliament for Chancellor Angela Merkel’s party Greece leaders gathered on Wednesday to agree on a reform deal in return for a 130 billion euro bailout from the European Union and the International Monetary Fund. “The situation is getting more problematic for Greece day by day,” said Michael Meister, the deputy floor leader and financeThu, 09 Feb 2012 08:57:50 GMThttp://www.fxstreet.com/fundamental/market-view/info@dukascopy.com (Dukascopy Swiss FX Group)http://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-02-09.htmlhttp://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-02-08.htmlFundamental Analysis EUR "The salvation of the country, remaining in the euro, means great sacrifices" - Evangelos Venizelos, Greek finance minister Greece’s government is preparing a final version of an agreement on budget and structural measures required for a 130 billion euro bailout, said a Greek government official. USD "Markets would love to see some certainty, and we don't have any of that at the moment" - Frank Lesh, a futures analyst and broker at FuturePath Trading LLC U.S. stocksWed, 08 Feb 2012 09:02:19 GMThttp://www.fxstreet.com/fundamental/market-view/info@dukascopy.com (Dukascopy Swiss FX Group)http://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-02-08.htmlhttp://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-02-07.htmlFundamental Analysis EUR "There is at least still sufficient demand for goods ‘made in Germany’ to keep the industrial engine running in 2012" - Carsten Brzeski, senior economist at ING Group German factory orders increased more than expected in December as demand from overseas helped the euro zone’s largest economy to weather the debt crisis. Orders rose 1.7 per cent, after declining 4.9 per cent in November, said the Economy Ministry on Monday. USD "You wonder when people are going to lookTue, 07 Feb 2012 09:30:37 GMThttp://www.fxstreet.com/fundamental/market-view/info@dukascopy.com (Dukascopy Swiss FX Group)http://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-02-07.htmlhttp://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-02-06.htmlFundamental Analysis EUR "The decline in euro-area December retail sales confirms our view that private consumption is likely to have fallen in the fourth quarter" - James Ashley, senior European economist at RBC Capital Markets Euro zone retail sales declined unexpectedly in December, said the European Union's statistics office Eurostat on Friday. Retail sales fell 0.4 per cent from November after declining by the same amount in October. USD "The [payroll] report was much better than expectedMon, 06 Feb 2012 08:48:05 GMThttp://www.fxstreet.com/fundamental/market-view/info@dukascopy.com (Dukascopy Swiss FX Group)http://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-02-06.htmlhttp://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-02-03.htmlFundamental Analysis EUR “With the [Spanish] economy now expected to be in recession over the next few quarters, employment is set to shrink for a fifth straight year” - Raj Badiani, an economist at IHS Global Insight Inc. Spanish unemployment claims rose by the most since 2009 in January as the country entered its second recession in three years. The number of people claiming unemployment benefits jumped by 177,470 to 4.6 million, the Labor Ministry said on Thursday. “For countries like SpainFri, 03 Feb 2012 07:54:21 GMThttp://www.fxstreet.com/fundamental/market-view/info@dukascopy.com (Dukascopy Swiss FX Group)http://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-02-03.htmlhttp://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-02-02.htmlFundamental Analysis EUR "The merger between Deutsche Boerse and NYSE Euronext would have led to a near-monopoly in European financial derivatives worldwide" - Joaquin Almunia, competition commissioner The European Commission has blocked a 9 billion dollar merger between Deutsche Börse and NYSE Euronext stock exchanges, saying that it would have stifled competition and created a monopoly in derivatives trading. USD "The job market continues to grow at a moderate pace" - Jonathan Basile, seniorThu, 02 Feb 2012 09:52:02 GMThttp://www.fxstreet.com/fundamental/market-view/info@dukascopy.com (Dukascopy Swiss FX Group)http://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-02-02.htmlhttp://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-02-01.htmlFundamental Analysis EUR "The debt swap agreement is ready, but it will not be announced before the end of the week" - A senior Greek banker The leaders of 25 European Union member countries Monday signed a German-inspired pact for stricter budget discipline which will impose sanctions on countries that run excessive deficits and rack up unsustainable debts. USD "Consumer confidence appears to have leveled off, as job growth isn’t quite as good and gasoline prices have moved back up" - StuartWed, 01 Feb 2012 08:32:09 GMThttp://www.fxstreet.com/fundamental/market-view/info@dukascopy.com (Dukascopy Swiss FX Group)http://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-02-01.htmlhttp://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-01-31.htmlFundamental Analysis EUR "[Confidence] figures seem to indicate that the euro zone recession is bottoming out" - Peter Vanden Houte, an economist at ING Group in Brussels Euro-area economic confidence improved less than expected in January as the region’s economy is moving toward a recession despite leaders’ efforts to revive growth. USD "Despite the healthy gains in income, U.S. consumers appear to have rediscovered a new sense of frugality" - Millan Mulraine, an economist at TD SecuritiesTue, 31 Jan 2012 08:31:53 GMThttp://www.fxstreet.com/fundamental/market-view/info@dukascopy.com (Dukascopy Swiss FX Group)http://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-01-31.htmlhttp://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-01-30.htmlFundamental Analysis EUR "[Unemployment] is the main source of vulnerability of the Spanish economy" - Luis de Guindos, Economy Minister Spain’s unemployment increased to 22.8 per cent in the last three months of 2011 from 21.5 per cent the previous quarter and surpassed five million mark, said the National Statistics Institute on Friday. USD "The economy ended 2011 on a fairly positive note" - Ryan Sweet, a senior economist at Moody's Analytics The U.S. gross domestic product rose 2.8 perMon, 30 Jan 2012 09:38:47 GMThttp://www.fxstreet.com/fundamental/market-view/info@dukascopy.com (Dukascopy Swiss FX Group)http://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-01-30.htmlhttp://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-01-27.htmlFundamental Analysis EUR "The cost of postponing a solution [debt swap] is extremely high for Europe, but especially for the future of the euro" - Giovanni Bossi, chief executive officer of Banca Ifis SpA Talks on Greek debt swap resumed on Thursday as European finance ministers pressure private bondholders to take bigger losses on their Greek holdings. USD "Improving economic momentum and diminished angst surrounding the financial crisis has encouraged businesses to take on more risk" -Fri, 27 Jan 2012 09:15:13 GMThttp://www.fxstreet.com/fundamental/market-view/info@dukascopy.com (Dukascopy Swiss FX Group)http://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-01-27.htmlhttp://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-01-26.htmlFundamental Analysis EUR "The widely-spread fear that the euro zone's biggest economy could now also be caught by the crisis virus has been soothed" - Carsten Brzeski, an economist at ING in Brussels German business confidence improved for a third consecutive month in January, a sign Europe’s largest economy may avoid a recession. The Ifo institute’s business climate index, based on a survey of 7,000 businesses, rose to 108.3 from 107.3 in December. USD "We’ve had a clear turn toward positiveThu, 26 Jan 2012 08:28:00 GMThttp://www.fxstreet.com/fundamental/market-view/info@dukascopy.com (Dukascopy Swiss FX Group)http://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-01-26.htmlhttp://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-01-25.htmlFundamental Analysis EUR "We consider that French banks will be able to maintain their lending activity in their core businesses" - Standard & Poor’s Standard & Poor's cut credit ratings of four French banks, a move expected by markets after the credit agency downgraded France's top notch sovereign credit rating on January 13. USD "It’s all about the negotiations of Greek debt" - Mike Ryan, chief investment strategist at UBS Wealth Management America U.S. stocks fell on Tuesday asWed, 25 Jan 2012 08:47:30 GMThttp://www.fxstreet.com/fundamental/market-view/info@dukascopy.com (Dukascopy Swiss FX Group)http://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-01-25.htmlhttp://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-01-24.htmlFundamental Analysis EUR "The world needs a strong leadership role from Germany today, and it is Germany’s core interest to provide such a role" - Christine Lagarde, IMF managing director International Monetary Fund managing director Christine Lagarde warned on Monday that the global economy could slide into a “1930s moment” if Europe does not solve its fiscal problems, and said Europe’s largest economy must contribute more money to avert financial collapse. USD "It’s been a brisk run in riskTue, 24 Jan 2012 08:17:13 GMThttp://www.fxstreet.com/fundamental/market-view/info@dukascopy.com (Dukascopy Swiss FX Group)http://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-01-24.htmlhttp://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-01-23.htmlFundamental Analysis EUR "[Greek] orderly default in the short term is the most likely scenario" - Marc Ostwald, senior strategist at Monument Securities The euro zone’s debt crisis will remain unresolved, even if Greece defaults in the forthcoming months, believes Marc Ostwald, senior strategist at Monument Securities. USD "We’re starting to see improvement in some of the key leading housing indicators" - Carl Riccadonna, a senior U.S. economist at Deutsche Bank Securities Inc. Sales ofMon, 23 Jan 2012 09:05:28 GMThttp://www.fxstreet.com/fundamental/market-view/info@dukascopy.com (Dukascopy Swiss FX Group)http://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-01-23.htmlhttp://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-01-20.htmlFundamental Analysis EUR "Spain is showing the market there’s ample demand for their paper" - Padhraic Garvey, head of developed markets debt strategy at ING Bank NV France and Spain, both downgraded by Standard & Poor’s last week, paid lower borrowing costs on Thursday, compared to their previous auctions, a sign the ECB’s refinancing operation alleviated market concern over the Europe’s debt crisis. USD "You’ve got a gradual improvement in the labor market" - Brian Jones, a senior U.S.Fri, 20 Jan 2012 07:25:53 GMThttp://www.fxstreet.com/fundamental/market-view/info@dukascopy.com (Dukascopy Swiss FX Group)http://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-01-20.htmlhttp://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-01-19.htmlFundamental Analysis EUR "The biggest challenge is to respond to the crisis in an adequate manner" - Christine Lagarde, the IMF Managing Director The International Monetary Fund is aiming to increase its lending capacity by 500 billion dollars to protect economies from the escalating euro zone debt crisis. GBP "Unemployment could become one of the main economic and political issues this year" - Peter Dixon, an economist at Commerzbank AG The number of people claiming unemployment benefits roseThu, 19 Jan 2012 08:42:34 GMThttp://www.fxstreet.com/fundamental/market-view/info@dukascopy.com (Dukascopy Swiss FX Group)http://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-01-19.htmlhttp://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-01-18.htmlFundamental Analysis EUR "We think the ECB could bring rates as low as 0.5 percent in March" - Fabio Fois, an economist at Barclay's Capital Eurozone inflation eased more than expected in December, giving the European Central Bank more room to lower borrowing costs as the economy heads toward a recession. USD "The pace of [manufacturing sector] recovery has accelerated" - Millan Mulraine, a senior U.S. strategist at TD Securities New York region’s manufacturing sector grew in January at theWed, 18 Jan 2012 08:42:11 GMThttp://www.fxstreet.com/fundamental/market-view/info@dukascopy.com (Dukascopy Swiss FX Group)http://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-01-18.htmlhttp://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-01-16.htmlTechnical Analysis EUR "In this sort of environment it does not take much to knock the euro, it is in an extremely vulnerable position" - Rabobank (based on Reuters) The outlook for EUR/USD will remain negative as long as a cluster of resistances at 1.2913/20 (downtrend and 20 day ma) stays in place. Currently the pair is moving toward 1.2530/88, while a long-term target is 1.2083 (200 month ma). USD "The Greek situation is quite dire. If they don’t reach some sort of agreement by the end ofMon, 16 Jan 2012 08:50:00 GMThttp://www.fxstreet.com/fundamental/market-view/info@dukascopy.com (Dukascopy Swiss FX Group)http://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-01-16.htmlhttp://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-01-13.htmlFundamental Analysis EUR "According to some recent survey indicators, there are tentative signs of stabilization of economic activity at low levels" - Mario Draghi, the ECB president The European Central Bank kept its benchmark rate at record low of 1 per cent on Thursday, a move widely expected by economists, and noted a “significant, if not substantial,” decrease in interest rates across markets. USD "The retail sales [data] suggests that spending isn't really picking up any momentum" - SeanFri, 13 Jan 2012 08:21:12 GMThttp://www.fxstreet.com/fundamental/market-view/info@dukascopy.com (Dukascopy Swiss FX Group)http://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-01-13.htmlhttp://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-01-12.htmlFundamental Analysis EUR "Can the euro be saved without more active engagement from the ECB? Quite frankly we think no" - David Riley, the head of sovereign ratings at Fitch The European Central Bank should boost its bond purchasing programme to support the third largest euro zone economy, Italy, and avert a “cataclysmic” collapse of the euro, said David Riley, the head of sovereign ratings at Fitch, on Wednesday. USD "There is a natural tendency for policymakers to pull back on accommodationThu, 12 Jan 2012 08:37:44 GMThttp://www.fxstreet.com/fundamental/market-view/info@dukascopy.com (Dukascopy Swiss FX Group)http://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-01-12.htmlhttp://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-01-11.htmlFundamental Analysis EUR "On the basis of some current economic and fiscal trends in France... we wouldn't expect to downgrade France this year" - Ed Parker, head of EMEA sovereign ratings Fitch Raings does not plan to downgrade France's top notch AAA credit raing in 2012, while raings of Spain and Italy as well as other countries under review could be cut by one or two notches this year, said Ed Parker, head of EMEA sovereign raings at Fitch on Tuesday. USD "Demand has been pretty good in theWed, 11 Jan 2012 08:06:44 GMThttp://www.fxstreet.com/fundamental/market-view/info@dukascopy.com (Dukascopy Swiss FX Group)http://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-01-11.htmlhttp://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-01-10.htmlFundamental Analysis EUR "Reaching a functional [fiscal] agreement already by the next [EU] meeting on Thursday is not out of the question" - Elmar Brok, a German member of the European parliament German chancellor Angela Merkel and French president Nicolas Sarkozy met on Monday to discuss how to promote Europe’s economic growth and to finalize a deal on deeper fiscal union. USD "I’m growing more optimistic that the economic activity in the U.S. is firming to the point that it’s durable" -Tue, 10 Jan 2012 08:21:40 GMThttp://www.fxstreet.com/fundamental/market-view/info@dukascopy.com (Dukascopy Swiss FX Group)http://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-01-10.htmlhttp://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-01-09.htmlFundamental Analysis EUR "It’s quite clear that we’re heading into a pretty sharp downturn even in Germany" - Jennifer McKeown, an economist at Capital Economics Ltd. German factory orders tumbled the most since 2009 in November as the euro area economy headed toward a recession and global demand cooled. Orders declined 4.8 percent from October, when they rose 5 percent, said the Economy Ministry on Friday. USD "The economy is still pushing forward, but many hurdles to further accelerationMon, 09 Jan 2012 08:52:17 GMThttp://www.fxstreet.com/fundamental/market-view/info@dukascopy.com (Dukascopy Swiss FX Group)http://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-01-09.htmlhttp://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-01-06.htmlFundamental Analysis EUR "It’s the first French auction of the year and it has broadly gone as expected" - Peter Goves, a fixed-income strategist at Citigroup Inc French long-term bond yields rose on Thursday at its first auction in 2012 as investors are worried the country may lose its top notch AAA credit rating. France sold 4.02 and 2.165 billion euros of 10-year and 30-year bonds at an average rate of 3.29 and 3.97 per cent, respectively. USD "Claims are moving in the right direction" -Fri, 06 Jan 2012 08:30:26 GMThttp://www.fxstreet.com/fundamental/market-view/info@dukascopy.com (Dukascopy Swiss FX Group)http://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-01-06.htmlhttp://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-01-05.htmlFundamental Analysis EUR "Euro-zone inflation has now passed its peak and is likely to fall further in the coming months" - Nick Kounis, head of macro research at ABN Amro Inflation in the euro zone declined for the first time since summer 2011, giving the European Central Bank room for more action. The inflation rate fell to 2.8 per cent in December from 3 per cent in November, said the European Statistical Office on Wednesday. USD "The last few weeks of December helped to lift the full-Thu, 05 Jan 2012 08:34:23 GMThttp://www.fxstreet.com/fundamental/market-view/info@dukascopy.com (Dukascopy Swiss FX Group)http://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-01-05.htmlhttp://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-01-04.htmlFundamental Analysis EUR "Germany's manufacturing and export-driven economy finished the year strongly - piling on another 22,000 jobs in December" - Anthony Cheung, market analyst at RANsquaw Unemployment in Europe’s largest economy decreased by 22 thousand people in December to a seasonally adjusted rate of 6.8 per cent, the lowest since 1991, said the Federal Statistical Office of Germany on Tuesday. USD "It’s good to know that purchasing managers are feeling a bit better about the economicWed, 04 Jan 2012 08:01:51 GMThttp://www.fxstreet.com/fundamental/market-view/info@dukascopy.com (Dukascopy Swiss FX Group)http://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-01-04.htmlhttp://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-01-03.htmlFundamental Analysis EUR "We'll need to see, but it's possible that we have gone over the 8 percent mark" - Luis de Guindos, Economy Minister Spain’s public deficit for 2012 may exceed iniial esimate of 8 per cent of the gross domesic product, said the economy minister on Monday, fuelling concerns the economy faces a prolonged period of contracion. USD "It’s the year I’d like to forget because of all the tumult in the markets" - Brian Jacobsen, chief porfolio strategist at Wells FargoTue, 03 Jan 2012 09:25:10 GMThttp://www.fxstreet.com/fundamental/market-view/info@dukascopy.com (Dukascopy Swiss FX Group)http://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-01-03.htmlhttp://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-01-02.htmlFundamental Analysis EUR "Spain is currently benefiting from the perception among investors that its problems are less severe than Italy’s" - Nicholas Spiro, managing director of Spiro Sovereign Strategy Spain’s new conservaive government announced Friday 8.9 billion euros ($11.54 billion) in austerity measures in 2012, with the budget shorfall of 8 per cent of gross domesic product, well above a target of 6 per cent. USD "We can still have a decent year here in the U.S. even with the rest ofMon, 02 Jan 2012 08:42:33 GMThttp://www.fxstreet.com/fundamental/market-view/info@dukascopy.com (Dukascopy Swiss FX Group)http://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2012-01-02.htmlhttp://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2011-12-30.htmlFundamental Analysis EUR "Are we going to see in the next few weeks a significant rally in Italian bond yields? The answer is probably not" - Bob Parker, a senior advisor at Credit Suisse Italy sold almost 20 billion of debt during this week, pushing yields on government securities lower but failing to reassure investors over the nation’s ability to raise finance in the markets next year. USD "The unemployment claims data continue to signal that the pace of improvement in the labor market mayFri, 30 Dec 2011 09:53:44 GMThttp://www.fxstreet.com/fundamental/market-view/info@dukascopy.com (Dukascopy Swiss FX Group)http://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2011-12-30.htmlhttp://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2011-12-29.htmlFundamental Analysis EUR "This [recent auction] is an encouraging development, suggesting that the Italian sovereign debt market has pulled back from the dangerous situation in late November" - Raj Badiani, a senior economist at IHS Global Insight Italy raised 9 billion euros in an auction on Wednesday, more than expected, benefiting from lower yields as Rome’s recent austerity measures and the ECB long-term refinancing operation have helped to ease strains in the market. USD "December [sales]Thu, 29 Dec 2011 09:36:21 GMThttp://www.fxstreet.com/fundamental/market-view/info@dukascopy.com (Dukascopy Swiss FX Group)http://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2011-12-29.htmlhttp://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2011-12-28.htmlFundamental Analysis EUR "I expect further cheapening of [Italian] bonds" - Alessandro Giansanti, rate strategist at ING Italian government bonds fell on Tuesday, pushing three-year and ten-year yields higher before an auction on Thursday, where Rome plans to sell 8.5 billion of debt, as investors are worried the euro zone’s third-largest economy may lose access to financial markets. USD "Consumers are more optimistic that business conditions, employment prospects and their financialWed, 28 Dec 2011 08:48:16 GMThttp://www.fxstreet.com/fundamental/market-view/info@dukascopy.com (Dukascopy Swiss FX Group)http://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2011-12-28.htmlhttp://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2011-12-27.htmlFundamental Analysis EUR "We have got an informal signal from Standard & Poor's that they [European ratings] will come only in January" - Anonymous government source Standard & Poor’s is expected to release its verdict on credit ratings for 15 euro zone countries in January, after putting them on credit watch December 6 for a possible cut in the absence of decisive action from European leaders. USD "We’ll continue to see [house] prices drop" - Mark Vitner, a senior economist at WellsTue, 27 Dec 2011 09:20:08 GMThttp://www.fxstreet.com/fundamental/market-view/info@dukascopy.com (Dukascopy Swiss FX Group)http://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2011-12-27.htmlhttp://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2011-12-26.htmlFundamental Analysis EUR "The move [by the ECB] in itself will not lead to any improvement in [banks'] credit ratings" - Scott Bugie, S&P's Managing Director S&P top official warned Friday that record 489 billion euros allotted between 523 European banks by the ECB will not protect them from threatened rating downgrades. USD "All of the housing numbers have looked a lot better recently" - Mark Vitner, a senior economist at Wells Fargo Securities LLC Sales of new U.S. homes advanced toMon, 26 Dec 2011 08:19:19 GMThttp://www.fxstreet.com/fundamental/market-view/info@dukascopy.com (Dukascopy Swiss FX Group)http://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2011-12-26.htmlhttp://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2011-12-23.htmlFundamental Analysis EUR "The austerity package will be sufficient to bring [Italy’s] deficit-to-GDP ratio down to zero" - Chiara Corsa and Loredana Federico, economists at UniCredit SpA Italy’s senate passed a vote of confidence 257 to 41 on Prime Minister Mario Monti’s emergency budget plan on Thursday as the government struggles to restore investor confidence in the euro zone’s third largest economy. USD "The employment situation continues to show strong signs of a recovery" - AndrewFri, 23 Dec 2011 08:14:02 GMThttp://www.fxstreet.com/fundamental/market-view/info@dukascopy.com (Dukascopy Swiss FX Group)http://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2011-12-23.htmlhttp://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2011-12-22.htmlFundamental Analysis EUR "Liquidity on the banking system has now increased considerably" - Annalisa Piazza, market economist at Newedge Strategy The European Central Bank allotted 489 billion euros in three year loans to 523 European banks at an average rate of 1 percent on Wednesday, exceeding forecast of 300 billion euros. USD "The housing market is finding its bottom, and that will translate into more growth in GDP and less of a drag on consumer confidence" - Robert Dye, chief economist atThu, 22 Dec 2011 08:18:01 GMThttp://www.fxstreet.com/fundamental/market-view/info@dukascopy.com (Dukascopy Swiss FX Group)http://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2011-12-22.htmlhttp://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2011-12-21.htmlFundamental Analysis EUR "The German economy seems to be successfully countering the downturn in Western Europe" - Hans-Werner Sinn, Ifo President German business sentiment improved in December, indicating the largest economy in the European Union remains resilient to regional debt crisis. Ifo business climate index rose to 107.2 points from 106.6 points in November, said the Ifo Institute for Economic Research. USD "Demand [on the housing market] is coming off the lows" - Sean Incremona, anWed, 21 Dec 2011 08:36:49 GMThttp://www.fxstreet.com/fundamental/market-view/info@dukascopy.com (Dukascopy Swiss FX Group)http://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2011-12-21.htmlhttp://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2011-12-20.htmlFundamental Analysis EUR "The first half of 2012 will be the time when we will get a better feel if the euro is going to survive" - Thomas Mayer, chief economist at Deutsche Bank Economists suggest that the future of the European Union and the fate of the single currency will become clear in the first half of the year 2012, highlighing importance of structural reforms to be implemented by Italy, the euro area’s third largest economy. USD "This is the first time that builder confidence hasTue, 20 Dec 2011 08:28:20 GMThttp://www.fxstreet.com/fundamental/market-view/info@dukascopy.com (Dukascopy Swiss FX Group)http://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2011-12-20.htmlhttp://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2011-12-19.htmlFundamental Analysis EUR "The [Credit Agricole SA] losses are enormous" - Jacques-Pascal Porta, fund manager at Ofi Gestion Privee Credit Agricole SA, France’s second largest bank by assets, will make losses in 2011, write of 2.5 billion euros worth of assets and cut approximately 2,350 jobs as European debt crisis looms. Fitch and Moody’s downgraded the company’s credit rating this month. USD "Inflation will crest around here. This will give the Fed more comfort in terms of implementingMon, 19 Dec 2011 08:45:18 GMThttp://www.fxstreet.com/fundamental/market-view/info@dukascopy.com (Dukascopy Swiss FX Group)http://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2011-12-19.htmlhttp://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2011-12-16.htmlFundamental Analysis EUR "Spain is considered a far more attractive credit than Italy" - Michael Leister, rate strategist at WestLB Spain sold €6.03 billion of debt on Thursday, more than initially expected and at a lower rate compared to Italy, easing concerns the country may lose access to financial markets next year. USD "We’re seeing improvement in labor-market conditions" - Julia Coronado, chief economist at BNP Paribas The number of Americans claiming for unemployment benefits tumbled toFri, 16 Dec 2011 08:02:51 GMThttp://www.fxstreet.com/fundamental/market-view/info@dukascopy.com (Dukascopy Swiss FX Group)http://www.fxstreet.com/fundamental/market-view/daily-forex-overview/2011-12-16.html