http://www.fxstreet.com/fundamental/market-view/european-us-summary/http://www.fxstreet.com/fundamental/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-11-08.html11/6/2009 2:30 PM: EUR/$..1.4840 $/JPY..89.82 GBP/$..1.6604 $/CHF..1.0176 AUD/$..0.9154 $/CAD..1.0764 Jobs Data Disappoints, USD Edges Up   ***Please note there will be no US FX Trading Summary between 11/9-11/27.*** The major currency pairs teetered within a close range in the Friday session, whipsawing sharply following the release of the October US unemployment report. The euro slid from above the 1.49-level to a session low at 1.4814 while the yen jumped to 89.62 against theSun, 08 Nov 2009 21:58:00 GMThttp://www.fxstreet.com/fundamental/market-view/service@mgforex.com (Forexnews.com)http://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-11-08.htmlhttp://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-11-05.html11/5/2009 2:45 PM: EUR/$..1.4863 $/JPY..90.64 GBP/$..1.6575 $/CHF..1.0167 AUD/$..0.9096 $/CAD..1.0646 USD Edges Up Ahead of Jobs The dollar was higher by the afternoon Thursday session as traders took to the sidelines ahead of tomorrow’s key US labor report. The greenback rebounded from a near one-week low against the euro around 1.4917 to bounce toward the 1.48-figure. The economic reports released this morning included weekly jobless claims, Q3 productivity and Q3 labor costs. The weeklyThu, 05 Nov 2009 22:39:48 GMThttp://www.fxstreet.com/fundamental/market-view/service@mgforex.com (Forexnews.com)http://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-11-05.htmlhttp://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-11-03.html11/3/2009 1:57 PM: EUR/$..1.4703 $/JPY..90.33 GBP/$..1.6415 $/CHF..1.0268 AUD/$..0.9009 $/CAD..1.0677 Dollar Edges Higher The dollar was mixed against the majors, climbing higher against the euro to 1.4628 but sliding versus the British pound past the 1.64-level to 1.6419. Spot gold rose to a new record high above the $1,080-mark to $1,083.50 per ounce while crude oil continued to trade beneath $80-per barrel. The US economic reports released earlier today saw September durable goods andTue, 03 Nov 2009 22:26:11 GMThttp://www.fxstreet.com/fundamental/market-view/service@mgforex.com (Forexnews.com)http://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-11-03.htmlhttp://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-11-02.html11/2/2009 3:22 PM: EUR/$..1.4748 $/JPY..90.34 GBP/$..1.6376 $/CHF..1.0231 AUD/$..0.9008 $/CAD..1.0797 USD Recovers from Losses The dollar recovered from its losses earlier in the morning following a stronger than expected US manufacturing and housing reports that prompted traders to send the riskier currencies higher. US equities were unable to sustain earlier gains, teetering between positive and negative territory throughout the session. The October manufacturing ISM report sharply beatMon, 02 Nov 2009 22:37:55 GMThttp://www.fxstreet.com/fundamental/market-view/service@mgforex.com (Forexnews.com)http://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-11-02.htmlhttp://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-10-29.html10/29/2009 2:00 PM: EUR/$..1.4832 $/JPY..91.51 GBP/$..1.6547 $/CHF..1.0183 AUD/$..0.9169 $/CAD..1.0671 US GDP Surges, EUR Advances The dollar relinquished its previous session’s strength against the majors, falling toward the 1.4850-level against the euro and the 1.6602-handle versus the British pound. The US equity bourses rebounded with the Dow Jones advancing by 1.65%, the S&P 500 advancing by 1.84% and the Nasdaq up by nearly 1.7% by the afternoon session. Crude oil also climbed backThu, 29 Oct 2009 21:57:19 GMThttp://www.fxstreet.com/fundamental/market-view/service@mgforex.com (Forexnews.com)http://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-10-29.htmlhttp://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-10-27.html10/27/2009 2:00 PM: EUR/$..1.4782 $/JPY..91.79 GBP/$..1.6340 $/CHF..1.0231 AUD/$..0.9122 $/CAD..1.0666 Weak Confidence Props USD The dollar surged against the majors in early Tuesday trading, rallying to 1.4789 against the euro and 1.6287 versus the British pound. The catalyst for the greenback’s advance was earlier weaker-than-expected US economic data, prompting heightened risk aversion and a shift from riskier assets. Spot gold and crude oil both traded lower, easing to $1,036 per ounce andTue, 27 Oct 2009 21:53:09 GMThttp://www.fxstreet.com/fundamental/market-view/service@mgforex.com (Forexnews.com)http://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-10-27.htmlhttp://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-10-22.html10/22/2009 2:30 PM: EUR/$..1.5023 $/JPY..91.28 GBP/$..1.6620 $/CHF..1.0049 AUD/$..0.9264 $/CAD..1.0478 EUR & GBP Buoyed The dollar relinquished its earlier gains against the majors, slipping back beneath the1.50-level versus the euro and remaining mired past the 1.66-handle against the British pound. The Dow Jones and S&P 500 were higher on the session, while crude oil held steady above the $80 per barrel mark. The initial catalyst for the greenback’s reprieve was speculation overnightThu, 22 Oct 2009 22:00:03 GMThttp://www.fxstreet.com/fundamental/market-view/service@mgforex.com (Forexnews.com)http://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-10-22.htmlhttp://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-10-21.html10/21/2009 2:10 PM: EUR/$..1.5042 $/JPY..91.03 GBP/$..1.6622 $/CHF..1.0040 AUD/$..0.9312 $/CAD..1.0395 Dollar Tumbles to Fresh 14-mth Lows The dollar sold off sharply across the board in the Wednesday session despite a dearth of US economic data earlier in the morning. The greenback plunged to a fresh 14-month low against the euro past the psychologically key 1.50-level to 1.5040, a new 15-month low versus the Swiss franc at 1.0038 and 14-month low against the Australian dollar at 0.9326. AWed, 21 Oct 2009 21:55:36 GMThttp://www.fxstreet.com/fundamental/market-view/service@mgforex.com (Forexnews.com)http://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-10-21.htmlhttp://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-10-20.html10/20/2009 2:40 PM: EUR/$..1.4928 $/JPY..90.71 GBP/$..1.6366 $/CHF..1.0124 AUD/$..0.9221 $/CAD..1.0488 CAD Slumps on BoC The dollar was mixed in the Tuesday session, climbing sharply higher against the Canadian dollar past the 1.05-figure while sliding versus the euro just shy of the 1.50-level. The US economic reports released earlier today were largely disappointing. The September housing starts figure missed consensus estimates for an increase to 610k units from 598k units, instead droppingTue, 20 Oct 2009 22:05:01 GMThttp://www.fxstreet.com/fundamental/market-view/service@mgforex.com (Forexnews.com)http://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-10-20.htmlhttp://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-10-14.html10/14/2009 2:29 PM: EUR/$..1.4917 $/JPY..89.35 GBP/$..1.5990 $/CHF..1.0149 AUD/$..0.9138 $/CAD..1.0271 USD Slumps on Blockbuster JPM Earnings The beleaguered dollar found no reprieve in the Wednesday session, extending its losses to fresh 14-month lows against the euro and Australian dollar to 1.4934 and 0.9156, respectively. A shift to riskier assets was triggered by a stronger than expected earnings report from JP Morgan Chase, prompting advances in the US equity bourses with the Dow Jones,Wed, 14 Oct 2009 22:14:28 GMThttp://www.fxstreet.com/fundamental/market-view/service@mgforex.com (Forexnews.com)http://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-10-14.htmlhttp://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-10-13.html10/13/2009 1:40 PM: EUR/$..1.4846 $/JPY..89.61 GBP/$..1.5918 $/CHF..1.0217 AUD/$..0.9060 $/CAD..1.0319 Greenback Slides to 14-mth Low The dollar resumed its sell-off in the Tuesday session, falling to its lowest level since August 2008 against the euro at 1.4874 and the Australian dollar at 0.9124. Spot gold continued to extend its gains, touching a fresh all-time high just shy of the $1,070 level at $1,069.70, while crude oil edged up higher to $73.87 per barrel. US equities were largelyTue, 13 Oct 2009 22:11:28 GMThttp://www.fxstreet.com/fundamental/market-view/service@mgforex.com (Forexnews.com)http://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-10-13.htmlhttp://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-10-08.html10/8/2009 3:25 PM: EUR/$..1.4790 $/JPY..88.37 GBP/$..1.6082 $/CHF..1.0258 AUD/$..0.9062 $/CAD..1.0508 Greenback Slumps on Shift to Riskier Assets The dollar’s respite proved short-lived as traders resumed selling the currency in the Thursday session, pushing it to a fresh one-year low against the Australian dollar at 0.9088 and two-week low against the euro at 1.4816. The equity, commodity and energy markets were in lockstep as spot gold touch record high for its third consecutive session pastThu, 08 Oct 2009 22:28:57 GMThttp://www.fxstreet.com/fundamental/market-view/service@mgforex.com (Forexnews.com)http://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-10-08.htmlhttp://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-10-07.html10/7/2009 3:25 PM: EUR/$..1.4677 $/JPY..88.57 GBP/$..1.5939 $/CHF..1.0338 AUD/$..0.8885 $/CAD..1.0627 Greenback Recovers, Eyes ECB, BoE The greenback stabilized following yesterday’s steep declines against the major currencies, pushing the euro beneath the 1.47-level to 1.4660 while holding the Aussie below the 0.89-figure. There was a dearth of US economic reports in the Wednesday session prompting foreign exchange traders to take their cues from the equity and commodities markets. Spot goldWed, 07 Oct 2009 22:12:55 GMThttp://www.fxstreet.com/fundamental/market-view/service@mgforex.com (Forexnews.com)http://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-10-07.htmlhttp://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-10-06.html10/6/2009 2:10 PM: EUR/$..1.4716 $/JPY..88.80 GBP/$..1.5909 $/CHF..1.0264 AUD/$..0.8887 $/CAD..1.0600 Aussie Spikes on Surprise RBA Move The dollar sold off sharply in the Tuesday session, tumbling to its lowest level against the Aussie since August 2008 at 0.8917 and slumping versus the Canadian dollar to its lowest level since September 2008 at 1.0549. Commodities climbed higher, with spot gold touching a fresh record high beyond the $1,040 per ounce level and crude oil edging up past theTue, 06 Oct 2009 22:10:34 GMThttp://www.fxstreet.com/fundamental/market-view/service@mgforex.com (Forexnews.com)http://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-10-06.htmlhttp://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-10-04.html10/2/2009 3:15 PM: EUR/$..1.4582 $/JPY..89.64 GBP/$..1.5906 $/CHF..1.0348 AUD/$..0.8647 $/CAD..1.0828 Jobs Disappoints, FX Whipsaws The dollar was initially higher following the September labor report, rallying to 1.4481 against the euro and 1.5806 versus the pound sterling before relinquishing its earlier gains by the New York afternoon. US equities also recovered from its losses in the morning session, clawing their way back into positive territory, with the Dow Jones and Nasdaq upSun, 04 Oct 2009 21:54:11 GMThttp://www.fxstreet.com/fundamental/market-view/service@mgforex.com (Forexnews.com)http://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-10-04.htmlhttp://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-09-30.html9/30/2009 2:50 PM: EUR/$..1.4656 $/JPY..89.56 GBP/$..1.6010 $/CHF..1.0348 AUD/$..0.8832 $/CAD..1.0675 USD Rallies on Soft Manufacturing Data The greenback advanced against its major rivals in the Wednesday trading session, edging higher against the euro toward the 1.46-level, while pushing the pound sterling to beneath the 1.60-figure and briefly dragging the Swiss franc to a 3-week low at 1.0447. The catalyst for the dollar’s gains was a sharply weaker than forecast report on Chicago PMI.Wed, 30 Sep 2009 21:58:32 GMThttp://www.fxstreet.com/fundamental/market-view/service@mgforex.com (Forexnews.com)http://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-09-30.htmlhttp://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-09-24.html9/24/2009 3:46 PM: EUR/$..1.4663 $/JPY..91.18 GBP/$..1.6068 $/CHF..1.0292 AUD/$..0.8657 $/CAD..1.0886 Pound Gets Hammered by King The greenback climbed higher against the majors amid weaker US data and a pullback in commodities prices. The major stock indexes drifted lower, with the Nasdaq and S&P 500 sliding by over 1% and the Dow Jones drifting lower by 0.5%. Weekly jobless claims improved from the previous week, declining to 530k from 545k. However, August home sales eased up, slippingThu, 24 Sep 2009 22:14:01 GMThttp://www.fxstreet.com/fundamental/market-view/service@mgforex.com (Forexnews.com)http://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-09-24.htmlhttp://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-09-21.html9/21/2009 3:15 PM: EUR/$..1.4678 $/JPY..92.08 GBP/$..1.6195 $/CHF..1.0322 AUD/$..0.8627 $/CAD..1.0774 Greenback Edges Higher The dollar edged higher against the majors at the start of the week, pushing the euro to 1.4612 and the British pound to 1.6136. With the FOMC meeting this week, traders will closely scrutinize the Fed’s assessment of the economy in the accompanying policy statement. While interest rates are widely expected to remain on hold at 0.0%-0.25%, it will be interesting to noteMon, 21 Sep 2009 22:16:51 GMThttp://www.fxstreet.com/fundamental/market-view/service@mgforex.com (Forexnews.com)http://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-09-21.htmlhttp://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-09-15.html9/15/2009 12:30 PM: EUR/$..1.4613 $/JPY..91.04 GBP/$..1.6432 $/CHF..1.0374 AUD/$..0.8593 $/CAD..1.0765 Pound Hit on BoE Easing Talk The greenback was higher against the pound, rising to 1.64-figure and pushing the euro back towards the 1.46-level. Several key US economic reports were released this morning, including retail sales, producer price index and the New York Fed manufacturing survey. Retail sales in August were sharply higher than expected, with the headline figure jumping by 2.7%Tue, 15 Sep 2009 22:14:49 GMThttp://www.fxstreet.com/fundamental/market-view/service@mgforex.com (Forexnews.com)http://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-09-15.htmlhttp://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-09-14.html9/14/2009 3:00 PM: EUR/$..1.4614 $/JPY..90.88 GBP/$..1.6574 $/CHF..1.0347 AUD/$..0.8607 $/CAD..1.0835 USD Edges Higher The dollar edged up higher against the euro and sterling, while sliding against the yen at the start of the week. Oil and gold eased early in the session, slipping to $68.22 per barrel and $992.9 per ounce, while the US equity bourses were marginally higher. The US economic calendar kicks off with several releases tomorrow, including August PPI, retail sales, July businessMon, 14 Sep 2009 22:23:15 GMThttp://www.fxstreet.com/fundamental/market-view/service@mgforex.com (Forexnews.com)http://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-09-14.htmlhttp://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-09-10.html9/10/2009 1:50 PM: EUR/$..1.4597 $/JPY..91.62 GBP/$..1.6666 $/CHF..1.0368 AUD/$..0.8638 $/CAD..1.0786 USD Slides vs GBP, CHF The greenback was weaker against the British pound, falling to its lowest level in a month to 1.6676 and tumbling to its lowest level since December 2008 versus the Swiss franc at 1.0367. The US economic releases saw weekly jobless claims, which improved to 550k from 570k and the July trade deficit. The deficit figures revealed an increase in July to $31.96 billionThu, 10 Sep 2009 21:55:10 GMThttp://www.fxstreet.com/fundamental/market-view/service@mgforex.com (Forexnews.com)http://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-09-10.htmlhttp://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-09-08.html9/3/2009 3:20 PM: EUR/$..1.4247 $/JPY..92.58 GBP/$..1.6319 $/CHF..1.0622 AUD/$..0.8392 $/CAD..1.1034 USD Edges Higher, Eyes Jobs The dollar climbed higher against the majors on softer US economic reports, pushing the euro to 1.4245 and the Loonie toward 1.1072. Weekly jobless claims were unchanged from the previous week, missing forecasts for a decline to 560k, instead holding steady at 570k. Meanwhile, the August non-manufacturing ISM figure improved by more than forecast, edging up to 48.4Tue, 08 Sep 2009 22:03:40 GMThttp://www.fxstreet.com/fundamental/market-view/service@mgforex.com (Forexnews.com)http://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-09-08.htmlhttp://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-09-03.html9/3/2009 3:20 PM: EUR/$..1.4247 $/JPY..92.58 GBP/$..1.6319 $/CHF..1.0622 AUD/$..0.8392 $/CAD..1.1034 USD Edges Higher, Eyes Jobs The dollar climbed higher against the majors on softer US economic reports, pushing the euro to 1.4245 and the Loonie toward 1.1072. Weekly jobless claims were unchanged from the previous week, missing forecasts for a decline to 560k, instead holding steady at 570k. Meanwhile, the August non-manufacturing ISM figure improved by more than forecast, edging up to 48.4Thu, 03 Sep 2009 22:16:01 GMThttp://www.fxstreet.com/fundamental/market-view/service@mgforex.com (Forexnews.com)http://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-09-03.htmlhttp://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-08-26.html8/26/2009 2:50 PM: EUR/$..1.4242 $/JPY..94.22 GBP/$..1.6238 $/CHF..1.0683 AUD/$..0.8288 $/CAD..1.0972 Upbeat US Data amid Lackluster FX The dollar was mixed against the majors in the Wednesday session, largely confined within recent ranges in lackluster trading. The greenback recovered from its session lows versus the euro at 1.4350 to hover near the 1.4230-level, while pushing the Canadian dollar just shy of the 1.10-figure. New home sales posted a strong reading in July, surging by itsWed, 26 Aug 2009 22:13:11 GMThttp://www.fxstreet.com/fundamental/market-view/service@mgforex.com (Forexnews.com)http://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-08-26.htmlhttp://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-08-24.html8/24/2009 1:30 PM: EUR/$..1.4304 $/JPY..94.41 GBP/$..1.6397 $/CHF..1.0609 AUD/$..0.8378 $/CAD..1.0762 FX Drifts, Focus on Central Banks With little economic data released at the start of the week, the focus in the currency market has shifted to Central Bank rhetoric, with the key highlights attributed to commentary from Fed Chairman Ben Bernanke and ECB President Jean-Claude Trichet. Speaking from the Fed’s annual symposium in Jackson Hole, Wyoming, Bernanke offered an optimistic assessmentMon, 24 Aug 2009 22:15:09 GMThttp://www.fxstreet.com/fundamental/market-view/service@mgforex.com (Forexnews.com)http://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-08-24.htmlhttp://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-08-20.html8/20/2009 2:00 PM: EUR/$..1.4248 $/JPY..94.06 GBP/$..1.6504 $/CHF..1.0634 AUD/$..0.8313 $/CAD..1.0878 USD Drifts Lower on Mixed Data The major currencies were mixed in the Thursday session as US equities edged up marginally into positive territory, following a sharp rebound in the Shanghai Composite – which rallied by 4.52% overnight. The dollar eased lower against the euro and pound but largely remained confined within its recent range while the yen also relinquished some of its recentThu, 20 Aug 2009 21:58:35 GMThttp://www.fxstreet.com/fundamental/market-view/service@mgforex.com (Forexnews.com)http://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-08-20.htmlhttp://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-08-18.html8/18/2009 1:50 PM: EUR/$..1.4116 $/JPY..94.67 GBP/$..1.6556 $/CHF..1.0764 AUD/$..0.8240 $/CAD..1.1036 US Equities Stabilize, USD Drifts Lower The dollar was lower in the Tuesday session, relinquishing previous session’s gains against the euro and sterling to slip to 1.4154 and 1.6572, respectively. The major US equity indexes stabilized following yesterday’s sell-off, with the Nasdaq recovering by over 1% and the Dow Jones and S&P 500 up by around 0.8% in afternoon trading. EconomicTue, 18 Aug 2009 22:17:28 GMThttp://www.fxstreet.com/fundamental/market-view/service@mgforex.com (Forexnews.com)http://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-08-18.htmlhttp://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-08-17.html8/17/2009 3:15 PM: EUR/$..1.4076 $/JPY..94.44 GBP/$..1.6333 $/CHF..1.0781 AUD/$..0.8224 $/CAD..1.1050 Global Equity Slump Hits FX Fears over the sustainability of the global economic recovery hit the major equity indexes, with the Shanghai Composite index being pummeled by nearly 6% and Tokyo’s Nikkei index plunging by over 3%. Risk aversion was the key driver in the foreign exchange market on Monday, prompting a rally in both the dollar and yen. The greenback pushed the pound to its lowestMon, 17 Aug 2009 22:01:38 GMThttp://www.fxstreet.com/fundamental/market-view/service@mgforex.com (Forexnews.com)http://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-08-17.htmlhttp://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-08-16.html8/14/2009 2:40 PM: EUR/$..1.4168 $/JPY..94.82 GBP/$..1.6489 $/CHF..1.0744 AUD/$..0.8281 $/CAD..1.1010 Confidence Drags Stocks, Props USD The dollar and the yen climbed higher at the end of the week against the major currencies as the US equity bourses post steep losses. The greenback pushed the euro below the 1.42-handle and the pound beneath the 1.65-figure. Meanwhile, the yen pushed the euro to 134.22 and the pound to 156.06. By afternoon trading the Nasdaq was lower by over 1.8%, while bothSun, 16 Aug 2009 21:54:39 GMThttp://www.fxstreet.com/fundamental/market-view/service@mgforex.com (Forexnews.com)http://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-08-16.htmlhttp://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-08-12.html8/12/2009 2:50 PM: EUR/$..1.4176 $/JPY..96.00 GBP/$..1.6476 $/CHF..1.0788 AUD/$..0.8304 $/CAD..1.0901 FOMC Extends Asset Purchase Plan The Federal Reserve left interest rates unchanged as largely anticipated at 0%-0.25%, announcing that the decision was unanimous and deems current economic conditions to likely warrant exceptionally low levels of the federal funds rate for an extended period. The Fed said that “information received since the FOMC met in June suggests that economic activity isWed, 12 Aug 2009 22:01:22 GMThttp://www.fxstreet.com/fundamental/market-view/service@mgforex.com (Forexnews.com)http://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-08-12.htmlhttp://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-08-11.html8/11/2009 3:20 PM: EUR/$..1.4146 $/JPY..96.00 GBP/$..1.6478 $/CHF..1.0816 AUD/$..0.8296 $/CAD..1.1012 USD Edges Up, Eyes FOMC The dollar and yen were higher in Tuesday trading amid renewed declines in the equity bourses. The Nasdaq and the S&P 500 were lower by 1% and the Dow Jones softer by 0.75% in afternoon trading. Earlier US economic reports were mixed with Q2 labor costs falling by more than expected to -5.8%, compared with a negative revised Q1 figure at -2.7% and a sharply higherTue, 11 Aug 2009 22:03:20 GMThttp://www.fxstreet.com/fundamental/market-view/service@mgforex.com (Forexnews.com)http://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-08-11.htmlhttp://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-08-09.html8/7/2009 3:50 PM: EUR/$..1.4166 $/JPY..97.46 GBP/$..1.6669 $/CHF..1.0824 AUD/$..0.8354 $/CAD..1.0832 Jobs Sparks USD, Stock Rally The dollar surged against the majors on the Friday session, rallying sharply against the euro from 1.4412 to 1.4156 and pushing the sterling to 1.6655. The catalyst for the steep move was the closely anticipated July jobs data. In sharp contrast to recent market behavior, the greenback’s strength coincided with a rally in the US equity markets. The major boursesSun, 09 Aug 2009 22:01:11 GMThttp://www.fxstreet.com/fundamental/market-view/service@mgforex.com (Forexnews.com)http://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-08-09.htmlhttp://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-08-06.html8/6/2009 2:05 PM: EUR/$..1.4332 $/JPY..95.50 GBP/$..1.6754 $/CHF..1.0663 AUD/$..0.8370 $/CAD..1.0788 GBP Tanks on BoE, Mkt Eyes NFP The dollar rallied sharply against the sterling, advancing by over 270-pips to 1.6759 while pushing the euro lower to 1.4336. Weekly jobless claims improved by more than expected, falling to 550k and larger than the expected drop to 580k from 584k a week earlier. Traders will closely scrutinize tomorrow’s July labor report, due out at 8:30 AM. The unemploymentThu, 06 Aug 2009 22:03:44 GMThttp://www.fxstreet.com/fundamental/market-view/service@mgforex.com (Forexnews.com)http://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-08-06.htmlhttp://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-08-05.html8/5/2009 3:10 PM: EUR/$..1.4426 $/JPY..94.95 GBP/$..1.7016 $/CHF..1.0601 AUD/$..0.8416 $/CAD..1.0692 US Data Disappoints The greenback edged higher against the majors in the Wednesday session, pushing the euro beneath the 1.44-level and the sterling below the 1.70-figure as US equities drifted into negative territory. The economic reports released earlier in the session were largely worst than expected, with July ADP private sector payrolls and non-manufacturing ISM falling short of consensusWed, 05 Aug 2009 21:59:02 GMThttp://www.fxstreet.com/fundamental/market-view/service@mgforex.com (Forexnews.com)http://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-08-05.htmlhttp://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-08-03.html8/3/2009 3:20 PM: EUR/$..1.4410 $/JPY..95.30 GBP/$..1.6922 $/CHF..1.0595 AUD/$..0.8412 $/CAD..1.0670 USD Plunges to Multi-Month Lows The greenback tumbled to fresh multi-month lows against the euro at 1.4443 and the sterling at 1.6934 as traders move to break the major pairs out of recent ranges. With equities extending recent gains and commodities edging higher, the dollar remains under pressure amid a shift toward riskier assets. Optimism over a global economic rebound continues to improve,Mon, 03 Aug 2009 21:59:53 GMThttp://www.fxstreet.com/fundamental/market-view/service@mgforex.com (Forexnews.com)http://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-08-03.htmlhttp://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-07-29.html7/29/2009 3:15 PM: EUR/$..1.4026 $/JPY..94.97 GBP/$..1.6366 $/CHF..1.0878 AUD/$..0.8144 $/CAD..1.0910 Global Equity Slump Props USD Risk aversion propped the dollar higher against the majors in Wednesday trading amid a retreat in the global equity markets – with Shanghai’s Composite Index plummeting by 5% overnight. Commodities also slumped with gold falling to its lowest level in 2-weeks just above the $927 per ounce level and crude oil sliding to below $64 per barrel. The greenback pushedWed, 29 Jul 2009 21:56:30 GMThttp://www.fxstreet.com/fundamental/market-view/service@mgforex.com (Forexnews.com)http://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-07-29.htmlhttp://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-07-27.html7/27/2009 2:40 PM: EUR/$..1.4238 $/JPY..95.10 GBP/$..1.6494 $/CHF..1.0696 AUD/$..0.8224 $/CAD..1.0812 USD Edges up as Stocks Drift The greenback recovered from its earlier losses against the majors as the US equity bourses slipped into negative territory by afternoon trading. The dollar bounced off its near 2-month lows versus the euro near the 1.43-level and recovered slightly after touching a new 10-month low against the Canadian dollar at 1.0781. The June new home sales report blew awayMon, 27 Jul 2009 22:03:48 GMThttp://www.fxstreet.com/fundamental/market-view/service@mgforex.com (Forexnews.com)http://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-07-27.htmlhttp://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-07-20.html7/20/2009 2:59 PM: EUR/$..1.4218 $/JPY..94.18 GBP/$..1.6531 $/CHF..1.0691 AUD/$..0.8150 $/CAD..1.1070 Greenback Drifts Lower on Shift to Risk The dollar fell against the majors at the start of the week, sliding to a 6-week low against the euro at 1.4248 and a one-month low versus the Canadian dollar at 1.1023. The greenback came under pressure amid gains in the US stock market, which was prompted by news that troubled lender CIT would be bailed out by bond holders and thus avert bankruptcy.Mon, 20 Jul 2009 21:57:04 GMThttp://www.fxstreet.com/fundamental/market-view/service@mgforex.com (Forexnews.com)http://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-07-20.htmlhttp://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-07-14.html7/14/2009 11:30 AM: EUR/$..1.3964 $/JPY..93.11 GBP/$..1.6293 $/CHF..1.0866 AUD/$..0.7899 $/CAD..1.1360 USD Holds Steady on Data The greenback recovered from earlier session lows against the majors at the start of Tuesday trading, pushing the euro off from above the 1.40-level to 1.3940 and the pound beneath the 1.63-figure. US economic reports released earlier in the session were mixed, with both retail sales and producer prices higher than expected for June. The headline retail sales figureTue, 14 Jul 2009 22:17:10 GMThttp://www.fxstreet.com/fundamental/market-view/service@mgforex.com (Forexnews.com)http://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-07-14.htmlhttp://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-07-13.html7/13/2009 2:40 PM: EUR/$..1.3971 $/JPY..92.80 GBP/$..1.6208 $/CHF..1.0830 AUD/$..0.7808 $/CAD..1.1530 USD Drifts Lower, Eyes Bank Earnings The greenback was mixed in the New York session as the US equity bourses dipped into negative territory in morning trading. With earnings season kicking off in earnest this week, the equity market is seen setting the tone for foreign exchange movements, as traders will likely push the dollar and yen higher on any dips in stocks. The financial sector willMon, 13 Jul 2009 21:54:08 GMThttp://www.fxstreet.com/fundamental/market-view/service@mgforex.com (Forexnews.com)http://www.fxstreet.com/fundamental/market-view/european-us-summary/2009-07-13.html