http://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/http://www.fxstreet.com/fundamental/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2012-02-09.htmlThe euro rose to eight-week high versus the U.S. dollar on hopes Greece is very close to securing a second bailout that would prevent the debt-mired nation from defaulting as early as March as it has to repay 14.5 billion euros of debt.   Talks between Greek Prime Minister Lucas Papademos and three political party leaders on measures demanded by lenders to receive the bailout did not come up with full agreement as they agreed upon all points except for pension cuts which they saidThu, 09 Feb 2012 11:24:33 GMThttp://www.fxstreet.com/fundamental/market-view/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2012-02-09.htmlhttp://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2012-02-07.htmlThe euro showed some decline against majors on concerns Greek political leaders may not reach consensus regarding the further spending cuts needed to receive a second bailout worth 130 billion euros announced in October, thus tumbling into default as early as March as the government has to repay 14.5 billion euros of debt maturing. Yesterday, Papademos and political leaders of three parties agreed to make further budget-cutting measures equal to 1.5% of GDP, yet they will continue talks todayTue, 07 Feb 2012 12:40:49 GMThttp://www.fxstreet.com/fundamental/market-view/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2012-02-07.htmlhttp://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2012-02-06.htmlThe euro slipped against majors before deadline set by international lenders for Greek political party leaders to respond to the austerity proposal needed to grant Greece a second bailout worth 130 billion euros. Greece remains under the spot on concerns political leaders may not reach consensus regarding further spending cuts needed to receive the aid, thus tumbling into default as early as March as the government has to repay 14.5 billion euros of debt maturing. Greek Prime Minister LucasMon, 06 Feb 2012 11:24:33 GMThttp://www.fxstreet.com/fundamental/market-view/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2012-02-06.htmlhttp://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2012-02-03.htmlThe euro rose against the U.S. dollar on Friday trading, yet probably heading for a weekly decline, on expectations U.S. jobs report will show rise in non-farm payrolls, thereby enhancing risk taking. The main highlight of the day will be the awaited non-farm payrolls report from the U.S. due at 13:30 GMT. The change in non-farm payrolls is predicted to retreat to 140,000 in January from 200,000 in December, while unemployment could linger at 8.5%. However, the euro will probably record aFri, 03 Feb 2012 11:46:52 GMThttp://www.fxstreet.com/fundamental/market-view/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2012-02-03.htmlhttp://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2012-02-02.htmlThe euro slipped against the U.S. dollar on concerns the negotiations between the Greek government and private-sector bondholders didn't make any progress. Currently, Greek Prime Minister Lucas Papademos is looking for support from political leaders to launch further austerity and reforms needed to convince international lenders to give Greece a second bailout worth 130-billon-euro announced in October amid concerns Greece may fail to repay as much as 14.5 billion euros of debt maturing onThu, 02 Feb 2012 11:47:11 GMThttp://www.fxstreet.com/fundamental/market-view/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2012-02-02.htmlhttp://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2012-01-31.v02.htmlThe EUR/USD pair fluctuated below the key resistance at 1.3200 today, on mixed but slightly negative macroeconomic data from the euro zone, where the German retail sales slumped 1.4% in December which came way off expectations of 0.9% growth. French consumer spending contracted as well; printing a 0.7% decline in December. As for labor data; change in the number of unemployed people in Germany during December decreased by 34,000 which was an upside surprise, on the other hand theTue, 31 Jan 2012 14:42:53 GMThttp://www.fxstreet.com/fundamental/market-view/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2012-01-31.v02.htmlhttp://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2012-01-31.htmlThe European common currency continued its rally after taking a breather yesterday on hopes Greek debt-swap talks with private sector creditors are showing progress. Eyes has turned once again on the Greek negotiations to see what will be the result of the discussions after yesterday's EU summit had a saw a signing of stricter budget rule agreement and the launch of the permanent European fund one year earlier. The first-day meeting between the EU 27 leaders on Monday saw an agreement onTue, 31 Jan 2012 12:44:31 GMThttp://www.fxstreet.com/fundamental/market-view/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2012-01-31.htmlhttp://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2012-01-27.htmlThe European common currency continued its advance for the fifth day against the greenback, trading around five-week high on Friday trading, amid Greek-creditors talks, after another successful bond selling in Italy. Still, there is optimism in markets after the Fed's pledge to keep borrowing cost at its low level through late 2014 and said policy makers are considering more asset purchases to bolster the economy.  After the successful bond selling yesterday by the Italian governmentFri, 27 Jan 2012 11:44:40 GMThttp://www.fxstreet.com/fundamental/market-view/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2012-01-27.htmlhttp://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2012-01-26.htmlThe European common currency continued the advance against the greenback, trading around five-week high on Thursday trading on a report Greece is close to reach a deal with the private-sector bondholders and after successful Italian bond auction. Optimism increased in markets after yesterday's Fed's pledge to keep borrowing cost at its low level through late 2014 and said policy makers are considering more asset purchases to bolster the economy. Greek newspaper Ethnos reported on Wednesday thatThu, 26 Jan 2012 11:49:12 GMThttp://www.fxstreet.com/fundamental/market-view/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2012-01-26.htmlhttp://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2012-01-25.htmlThe dollar advanced against majors amid worries in markets as the negotiations between the Greek government and creditors reached an impasse as Greece rejected 4% interest rate on new loans, claiming that the maximum is 3.5% which was also supported by euro area finance ministers. The U.S. dollar is gaining ground amid concerns of not reaching a debt restructuring deal or witnessing an orderly default for Greece, which has to repay as much as 14.5 billion euros of debt maturing in March. Also,Wed, 25 Jan 2012 12:33:45 GMThttp://www.fxstreet.com/fundamental/market-view/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2012-01-25.htmlhttp://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2012-01-24.htmlThe European common currency pared its earlier advance, falling from three-week high versus the U.S. dollar, as Greek officials struggled to struck a deal with creditors, raising concerns the Greek government may default in March as it has to repay 14.5 billion euros of maturing bonds. The negotiations reached an impasse as the Greek government rejected 4% interest rate on new loans, claiming that the maximum is 3.5% which was also supported by euro area finance ministers and the InternationalTue, 24 Jan 2012 11:43:44 GMThttp://www.fxstreet.com/fundamental/market-view/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2012-01-24.htmlhttp://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2012-01-23.htmlIn anticipation for the Greek issue’s developments, the Euro/Dollar pair rallied this morning as traders printing a new high at 1.3007(Market Price) after surpassing yesterday’s high at 1.2985. The pair opened the trading session with a bearish gap at 1.2877 after closing last week at 1.2929; however it quickly recovered the losses. The current rally is an extension of the relief rally that was trigger after bottoming at 1.2625 which was trigger by the series of encouraging data from auctionsMon, 23 Jan 2012 12:34:49 GMThttp://www.fxstreet.com/fundamental/market-view/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2012-01-23.htmlhttp://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2012-01-20.htmlThe European common currency pared its earlier advance, falling from two-week high versus the U.S. dollar, as Greek officials struggle to struck a deal with creditors, after three consecutive days of negotiations, over the size of losses to be bared by creditors. Now, there are fears that another break in talks may make Greece prone to a disorderly default as in early as in March since the government has to repay 14.5 billion euro of debt in March to avert bankruptcy. After seeing successfulFri, 20 Jan 2012 11:55:13 GMThttp://www.fxstreet.com/fundamental/market-view/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2012-01-20.htmlhttp://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2012-01-18.htmlThe European common currency advanced against majors after the International Monetary Fund (IMF) said that it is planning to expand the lending capacity to $1 trillion from the current $385 billion to protect the global economy from the negative consequences of the European debt crisis, according to an official at a Group of 20 nation. The announcement supported the sucessful bond auctions made by Germany and Portugal to improve the sentiment in the market, and the euro to extend the gainsWed, 18 Jan 2012 11:55:37 GMThttp://www.fxstreet.com/fundamental/market-view/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2012-01-18.htmlhttp://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2012-01-17.htmlThe European common currency advanced against majors after a successful bond selling by euro area debt-laden economies and upbeat German report, which boosted hopes after the S&P downgraded a number of euro area economies and the EFSF. Spain auctioned today a total of 4.88 billion euros of bonds in 12 and 18 months maturity, where despite the strong drop in yields and high demand and they sold near the maximum target as the Treasury aimed to raise between 4.0 and 5.0 billion euros. Also,Tue, 17 Jan 2012 13:10:36 GMThttp://www.fxstreet.com/fundamental/market-view/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2012-01-17.htmlhttp://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2012-01-16.htmlEuro rebounds against majors, except the yen, with some hopes in markets, following successful bonds selling in Italy and Spain last week, before France auctions debt. Meanwhile, there are some hopes that an improvement in the French auction would overshadow the bearishness after S&P cut to several euro area economies, including the AAA-rated France and Austria. France aims to auction 8.7 billion euros at 3 p.m. Paris time today, yet the euro remains under pressure as the European FinancialMon, 16 Jan 2012 12:12:26 GMThttp://www.fxstreet.com/fundamental/market-view/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2012-01-16.htmlhttp://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2012-01-12.htmlMarkets witnessed improvement in the sentiment on Thursday trading, after the bearishness seen yesterday, following successful bonds sale in Italy and Spain that recorded strong demand and drop in yields which boosted risk appetite. The euro came under pressure yesterday after Fitch dovish comments and Destatis German growth expectations, yet it managed to rebound today after the debt selling. Spain sold 4.27 billion euros of three-year bonds which saw strong demand as the bid-to-cover ratioThu, 12 Jan 2012 12:36:54 GMThttp://www.fxstreet.com/fundamental/market-view/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2012-01-12.htmlhttp://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2012-01-11.htmlThe 17-nation currency fell against majors after dovish comments from Fitch and expectations of slowdown in Germany by Destatis. The euro once again came under pressure after Fitch Ratings said on Tuesday Italy is in the brink of having its credit rating cut. Also, it said a number of euro-area economies, including France and Spain, are under review for a possible downgrade at the end of the current month. Furthermore, Fitch predicts the euro area to relapse into a "shallow recession" this yearWed, 11 Jan 2012 12:34:18 GMThttp://www.fxstreet.com/fundamental/market-view/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2012-01-11.htmlhttp://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2012-01-10.htmlThe 17-nation currency rose for the second day as Chancellor Angela Merkel meets today with the President of the International Monetary Fund Lagarde to discuss methods to help in alleviating European debt crisis. The meeting comes after Merkel-Sarkozy meeting yesterday in Berlin which tackled a rulebook for closer fiscal compact in the euro zone. Meanwhile, there is slight optimism that European leaders are on their way to resolve the crisis before they meet in the EU summit on January 30. AlsoTue, 10 Jan 2012 13:15:07 GMThttp://www.fxstreet.com/fundamental/market-view/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2012-01-10.htmlhttp://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2012-01-09.htmlThe 17-nation currency rebounded from 16-month low versus the U.S. dollar and 11-year low against the Japanese yen as leaders of the largest euro area economies meet today in Berlin to conduct talks before the EU summit at the end of the current month. The leaders will discuss creating a strong and decisive plan to continue the efforts done on December 9 summit that aimed at creating a “fiscal compact” for the euro region. The meeting may also include discussions about the expansion of theMon, 09 Jan 2012 12:16:58 GMThttp://www.fxstreet.com/fundamental/market-view/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2012-01-09.htmlhttp://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2012-01-06.htmlThe greenback snapped its earlier advance as investor's attention turned quickly to the NFP report which is expected to show that the world's no.1 economy added the largest number of jobs in three months in December. The jobs report will show that the economy added 155,000 jobs in December, the largest addition, compared with the prior addition of 120,000, while unemployment will rise to 8.7% from 8.6%. Investor's attention shifted quickly from the euro zone after the drop in EuropeanFri, 06 Jan 2012 11:53:08 GMThttp://www.fxstreet.com/fundamental/market-view/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2012-01-06.htmlhttp://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2012-01-04.htmlThe euro plunged from one-week high against the green currency after German bond auction and inflation data. Germany auctioned 4.06 billion euros of government bonds out of 5 billon euros offered, where bids were 1.3 times compared with 1.1% at the previous auction. The yield on the 10-year bonds retreated to 1.93%, the lowest over the past five years, from 1.98% in November's auction. Portugal also sold as much as 1 billion euros of three-month notes today on lower yields, which have droppedWed, 04 Jan 2012 13:03:54 GMThttp://www.fxstreet.com/fundamental/market-view/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2012-01-04.htmlhttp://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2012-01-03.htmlThe U.S. dollar fell against majors as the sentiment improved, following the release of upbeat data from major economies and before the release of U.S. ISM manufacturing, which damped demand on the green currency as a refuge. The main focus in the market today remain on manufacturing data from major economies, where yesterday Chinese, Indian and Australian manufacturing showed progress in December offsetting the contraction for the fifth month in European manufacturing. Today, Swiss and U.K.Tue, 03 Jan 2012 12:56:43 GMThttp://www.fxstreet.com/fundamental/market-view/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2012-01-03.htmlhttp://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2011-12-30.htmlThe European common currency is set to end 2011 with worries, as it is currently hovering around the lowest level in 10 years versus the yen and 15-month low against the green currency. With the absence of data from major economies, the volume of trading is low before the new year holiday. The only data released today showed Chinese manufacturing recorded a contraction of 48.7 in December compared with the prior reading of 49.0, where a reading above 50 indicates expansion. Investors' focusFri, 30 Dec 2011 13:27:37 GMThttp://www.fxstreet.com/fundamental/market-view/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2011-12-30.htmlhttp://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2011-12-22.htmlMajor currencies closed the session in New York yesterday with losses against the U.S. dollar, where after the European Central Bank offered more than expected liquidity to the euro-area banks, the sentiment deteriorated on speculation the debt crisis is worsening and the financial sector is hurt significantly from the two-year crisis. However, today the sentiment is mixed as investors are still assessing the European Central Bank move, where the ECB when offered unlimited liquidity to banksThu, 22 Dec 2011 12:40:05 GMThttp://www.fxstreet.com/fundamental/market-view/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2011-12-22.htmlhttp://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2011-12-13.htmlMarkets rebounded to the upside after the successful Spanish bond auction, which witnessed strong demand and lower yields, and also after the improved confidence in Germany, where investor’s appetite for risk improved and tension eased in the market, supported by the details provided by European finance ministers regarding the International Monetary Fund role in fighting the crisis. The Spanish Treasury sold 3-month and 6-month bills today on strong demand and lower yields, where Spain sold asTue, 13 Dec 2011 13:38:00 GMThttp://www.fxstreet.com/fundamental/market-view/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2011-12-13.htmlhttp://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2011-12-09.htmlUntil now, leaders where able to cover most of the subjects awaited by investors, yet markets rebounded on the news that European leaders agreed to drop the private-sector involvement in bailouts for European indebted nations, while China supported the optimism to prevail as Reuters reported that China’s Central Bank is to create a new vehicle to manage investment funds of $300 billion in European and U.S. markets. European leaders agreed to drop the private-sector involvement in bailouts forFri, 09 Dec 2011 13:34:52 GMThttp://www.fxstreet.com/fundamental/market-view/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2011-12-09.htmlhttp://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2011-12-08.htmlThe sentiment improved in the market after the Bank of England and the European Central Bank rate decisions, where the BoE left rates at record low in order to spur growth, while the European Central Bank responded to mounting market pressures and speculations of a rate cut. The Bank of England’s Monetary Policy Committee voted on today to leave the official Bank Rate paid on commercial bank reserves unchanged at 0.5%. The Committee also voted to hold the quantity of asset purchases program,Thu, 08 Dec 2011 13:27:57 GMThttp://www.fxstreet.com/fundamental/market-view/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2011-12-08.htmlhttp://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2011-12-07.htmlEyes are surely still centered on the European continent with the mixed sentiment over what to expect from the ECB and the EU till the end of the week, the risk of failing again to come through to markets is indeed at its highest especially as we can sense some hope that something big is on the way! Volatility is evident in the market and that is reflecting on the euro with cautious and choppy trading. We can surely see the mixed news from across the region that reflect the tension and theWed, 07 Dec 2011 12:21:35 GMThttp://www.fxstreet.com/fundamental/market-view/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2011-12-07.htmlhttp://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2011-12-06.htmlCurrencies fluctuated heavily with the start of the session today amid the high level of uncertainty, where pessimism spread in the market and the sentiment deteriorated further after S&P placed 15 euro-zone nations under “credit watch negative” including Germany and France; however, the euro zone GDP figures confirmed the 0.2% growth in the third quarter, which eased the tension slightly especially when all eyes are still looking forward to the European Central Bank and the European summitTue, 06 Dec 2011 12:58:50 GMThttp://www.fxstreet.com/fundamental/market-view/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2011-12-06.htmlhttp://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2011-12-01.htmlThe euro rebounded slightly to the upside today as slight wave of optimism spread in the market after Spain and France were able to sell bonds with yields declining from records, which eased jitters and rising debt concerns in the market, and pressured the U.S. dollar to decline slightly. Yesterday, major central banks intervened and supported markets to rebound after they cut the cost of borrowing U.S. dollar, which in result supported banks to avoid a credit crunch as European banks wereThu, 01 Dec 2011 13:05:08 GMThttp://www.fxstreet.com/fundamental/market-view/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2011-12-01.htmlhttp://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2011-11-29.htmlCurrencies rebounded to the upside during the European session today, despite the record Italian bond sale and the flow of downbeat fundamentals and news from Europe, where all eyes are focused on the finance ministers to quell jitters and restore confidence. Europe remains the main focus in the market, while pessimism is still evident ahead of the finance minister meeting’s results today, where investors are looking forward with hopeful eyes that policy makers will finally implement theTue, 29 Nov 2011 11:44:52 GMThttp://www.fxstreet.com/fundamental/market-view/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2011-11-29.htmlhttp://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2011-11-28.htmlWith the start of this week, Currencies provided an opening gap and now the improvement seen in the market is only an upside correctional move for currencies to cover the opening gap seen, where the sentiment is still jittery, while fears and rising debt concerns are still evident in the market ahead of the euro-zone finance chiefs’ meeting tomorrow. The opening gap seen in currencies markets was led by the Italian newspaper (La Stampa), which explained that the International Monetary FundMon, 28 Nov 2011 13:51:59 GMThttp://www.fxstreet.com/fundamental/market-view/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2011-11-28.htmlhttp://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2011-11-24.htmlMarket pared some of yesterday’s sharp losses with the start of the day, supported by the steady German growth at quarterly rate of 0.5% compared to 0.3% in the second quarter, while thin trading is expected today due to U.S. Thanksgiving holiday amid the ongoing concerns over the European dept crises. The risk aversion sentiment hit the markets sharply yesterday, where the results of the German Bund Auction dominated the scene, intensifying the ongoing contagion fears. Germany sold a 3.65Thu, 24 Nov 2011 11:43:23 GMThttp://www.fxstreet.com/fundamental/market-view/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2011-11-24.htmlhttp://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2011-11-21.htmlPessimism returned to the market with the start of this week as one of the Greek unity government’s leaders refused to provide a written acceptance for the second bailout deal, while the U.S. Supercommittee members are still split over the budget-cut plan, at the time Moody’s threatened the French top credit rating. The U.S. dollar gained the most today, as investors tend to avert as much risk as possible, which reflected negative demand for the high yielding currencies including the euro, theMon, 21 Nov 2011 13:29:30 GMThttp://www.fxstreet.com/fundamental/market-view/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2011-11-21.htmlhttp://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2011-11-17.htmlAfter the slight relief seen earlier today, the U.S. dollar returned to gain strength against other major currencies, where the euro gave up all the gains recorded earlier today after France and Spain sold bonds on higher than expected yields, which brought pessimism back to markets, ahead of the Italian vote of confidence on the new technocratic government, and some critical fundamentals from the world’s largest economy. The U.S. dollar index (USDIX) opened the session in Asia at 78.28, andThu, 17 Nov 2011 13:16:32 GMThttp://www.fxstreet.com/fundamental/market-view/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2011-11-17.htmlhttp://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2011-11-16.htmlCurrencies are mixed and fluctuating heavily ahead of major political decisions from Italy and Greece and also ahead of the inflation data from the world’s largest economy, where the Italian Premier is to announce his new government, while the Greek parliament is to vote on the new government formation made by Lucas Papademos. Markets rebounded to the upside after the European Central Bank bought Italian and Spanish 10-year bonds according to unidentified sources, which in result supported theWed, 16 Nov 2011 13:18:04 GMThttp://www.fxstreet.com/fundamental/market-view/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2011-11-16.htmlhttp://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2011-11-15.htmlThe U.S. dollar extended the gains recorded in the past session after the heavy fundamentals from Europe, which sent the euro further to the downside, and supported demand for low yielding currencies as we can see the U.S. dollar and the Japanese yen gained strength against other major currencies ahead of the retail sales and inflation date from the world’s largest economy. The U.S. dollar index (USDIX) extended the huge gains recorded in the past session, where investors are demandingTue, 15 Nov 2011 12:52:39 GMThttp://www.fxstreet.com/fundamental/market-view/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2011-11-15.htmlhttp://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2011-11-14.htmlThe euro retreated sharply with the start of this week, despite the steps taken by Italy and Greece to control the two-year old debt crisis and prevent it from spreading further within the zone. Both nations were able to end the political instability and accelerated the implementation of the required austerity measures; however, these steps are insufficient to quell jitters and rising debt concerns, especially when all eyes are focused on Italy and rising yields, which hit the highest recordMon, 14 Nov 2011 12:27:34 GMThttp://www.fxstreet.com/fundamental/market-view/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2011-11-14.htmlhttp://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2011-11-10.htmlMajor currencies rebounded to the upside, after the huge losses incurred yesterday against the U.S. dollar, where investors are demanding high yielding currencies after Italy eased pressures and market tension by accelerating the implementation process of the austerity measures; in addition, talks are taking place to replace Berlusconi with the former European commissioner Mario Monti as well as early elections. On the other hand, the U.S. dollar reversed to the downside cutting some of theThu, 10 Nov 2011 13:24:01 GMThttp://www.fxstreet.com/fundamental/market-view/support@ecpulse.com (ecPulse.com)http://www.fxstreet.com/fundamental/market-view/fundamental-currenciescomments/2011-11-10.html