http://www.fxstreet.com/fundamental/market-view/fx-weekly/http://www.fxstreet.com/fundamental/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/fundamental/market-view/fx-weekly/2009-11-18.htmlMarket Focus •AUD home Loans rise (m/m) to 5.1% [vs. -1.9% previous and the 3.1% forecast.] •German Industrial Production (m/m) rises 2.7%. The Zew Survey fell however, with sentiment dropping to 51.1. •Chinese Industrial Production for the year increased significantly, printing nearly a full point higher than expected at 16.1%. China’s trade balance also widened to $24B. •Fitch states that the UK could be the first of the major developed economies to suffer a downgrade from AAA, sendingWed, 18 Nov 2009 17:00:26 GMThttp://www.fxstreet.com/fundamental/market-view/cs@alpari-us.com (Alpari (US), LLC)http://www.fxstreet.com/fundamental/market-view/fx-weekly/2009-11-18.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-weekly/2009-11-11.htmlMarket Focus •No change from the Fed reverses momentum in US equity markets with the DJIA gaining 3.1% through Fridays close •IMF gold sale to India to the tune of 200 metric tons (valued at $6.7B, or 4.2 billion SDR) •Berkshire Hathaway acquires the 77% of Burlington Northern it hadn’t already owned in a deal purportedly worth $44B. Buffet calls it “a bet on America”. •USD struggles early in the week, but key levels in EUR and GBP hold steady with dollar selling steady into week’s end •ECBWed, 11 Nov 2009 17:05:22 GMThttp://www.fxstreet.com/fundamental/market-view/cs@alpari-us.com (Alpari (US), LLC)http://www.fxstreet.com/fundamental/market-view/fx-weekly/2009-11-11.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-weekly/2009-11-04.htmlMarket Focus •Risk aversion played a key role early in last week’s trading as market participants reacted to falling equity and commodity prices. •Australian PPI lower than expected (0.1% vs. 0.3% forecast) •RBNZ keeps rates steady at 2.50% after a slight drop in business confidence. •Continued declines in consumer confidence (47.7% vs. 53.4 previous) weigh on equities in spite of an increase in the Case Shiller House Index (1.2% vs. 0.7% forecast) •New Home sales fall to 402k vs. theWed, 04 Nov 2009 20:02:31 GMThttp://www.fxstreet.com/fundamental/market-view/cs@alpari-us.com (Alpari (US), LLC)http://www.fxstreet.com/fundamental/market-view/fx-weekly/2009-11-04.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-weekly/2009-10-27.htmlMarket Focus •Existing Home Sales (5.57 vs 5.37 exp.) and Beige Book point to gradual recovery in the US; Dow ends the week lower on profit taking and mixed bag of earnings. •ECB Members re-iterate the need for action in regards to the US’s strong dollar policy •European PMI figures show growth in manufacturing and services •MPC votes 9-0 to keep rates unchanged; UK Retail Sales weaker (0.0% vs. 0.6%) •UK GDP substantially lower (%-0.4 vs. 0.2% exp.); Sterling crushed in the aftermath The DowTue, 27 Oct 2009 15:52:39 GMThttp://www.fxstreet.com/fundamental/market-view/cs@alpari-us.com (Alpari (US), LLC)http://www.fxstreet.com/fundamental/market-view/fx-weekly/2009-10-27.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-weekly/2009-10-23.htmlMarket Focus •Dow breaches 10,000 on the back of better than expected earnings •Gold and Oil surge higher with Gold touching 1,070 per troy ounce •USD broadly lower vs. most pairs but manages to post a small gain against the JPY as the pair rebounds from the 88 level The dollar continued its move lower against its major rivals on the back of stronger than expected earnings from those who finished reporting last week. On the tech side, Google reported $5.94 billion in revenue. This is 7% surgeFri, 23 Oct 2009 15:55:23 GMThttp://www.fxstreet.com/fundamental/market-view/cs@alpari-us.com (Alpari (US), LLC)http://www.fxstreet.com/fundamental/market-view/fx-weekly/2009-10-23.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-weekly/2009-10-15.htmlMarket Focus •Inflation fears push Gold to record highs as the Dollar Index clings to fresh lows. •High yielders and commodity currencies continue to outperform as investors seek to scale back exposure to the Dollar and look for higher returns in AUD, CAD, and NZD. •RBA sparks massive move higher in AUD/USD by raising interest rates. The AUD should expect more gains to the upside, particularly versus the Dollar. Arab oil producers had been linked with China, Japan, France, Russia, and BrazilThu, 15 Oct 2009 16:49:42 GMThttp://www.fxstreet.com/fundamental/market-view/cs@alpari-us.com (Alpari (US), LLC)http://www.fxstreet.com/fundamental/market-view/fx-weekly/2009-10-15.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-weekly/2009-10-08.htmlMarket Focus •The Dollar finished the week with decent gains against most pairs, but failed to push higher as weaker unemployment (-263k) offsets a higher than expected GDP number (-0.7% vs. -1.2% exp). ADP also lower (-254k vs. -200k exp.) •Members of the G-7 fail to deliver anything close to support for a broad strengthening of the dollar in their final communiqué, further stifling any chance for a USD rally in the near term. •Japanese shares shoulder the burden of a strengthening yen. TheThu, 08 Oct 2009 16:16:05 GMThttp://www.fxstreet.com/fundamental/market-view/cs@alpari-us.com (Alpari (US), LLC)http://www.fxstreet.com/fundamental/market-view/fx-weekly/2009-10-08.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-weekly/2009-09-23.htmlMarket Focus •U.S. Dollar continued to struggle against major currencies; Yen has grown weaker •U.S. Federal Reserve Chairman Bernanke said that the recession has probably ended; however, he warns that the economy will still be very weak for some time •President Obama said that his administration is working on an overhaul of the regulatory system; this includes giving the Fed new powers over financial firms and creating a new watchdog for mortgages, car loans and credit cards •In the UK, RICSWed, 23 Sep 2009 13:02:28 GMThttp://www.fxstreet.com/fundamental/market-view/cs@alpari-us.com (Alpari (US), LLC)http://www.fxstreet.com/fundamental/market-view/fx-weekly/2009-09-23.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-weekly/2009-09-16.htmlMarket Focus •Gold broke above $1,000 per ounce •U.S. consumer credit fell by a record $21.6 billion for the sixth consecutive month •USD showed signs of weakness; trade deficit widens to -$32.0 billion •Chicago Federal Reserve Bank President Evans said that economic deflation in the U.S. has been averted •Treasury Secretary Geithner agrees that the U.S. economy is no longer heading towards disaster; however, he also believes that the economy still has a “long way to go” to recover •Royal BankWed, 16 Sep 2009 13:22:01 GMThttp://www.fxstreet.com/fundamental/market-view/cs@alpari-us.com (Alpari (US), LLC)http://www.fxstreet.com/fundamental/market-view/fx-weekly/2009-09-16.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-weekly/2009-09-03.htmlMarket Focus •Obama reappointed Fed Chairman Ben Bernanke •Consumer Confidence Index spiked to 54.1 in August from 47.4 in July •The Case-Shiller Home Composite also came in better than expected, even though it showed a -15.4% yr/yr decline (vs. -16.3% consensus) •US Q2 GDP second revision came out unchanged at -1.0% vs. -1.4% expected •Canadian retail sales data came in much stronger than expected, showing a 1% rise in Canadian store sales in June •SNB's Jordan stated that he "won't acceptThu, 03 Sep 2009 15:34:08 GMThttp://www.fxstreet.com/fundamental/market-view/cs@alpari-us.com (Alpari (US), LLC)http://www.fxstreet.com/fundamental/market-view/fx-weekly/2009-09-03.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-weekly/2009-08-31.htmlMarket Focus ·         US dollar continued to be under pressure ·         University of Michigan Confidence Index fell to 63.2 from 66.0 previously ·         German ZEW business sentiment index rose to 56.1 in August from 39.5 ·         BoE left interest rates on hold at 0.5% and voted for a GBP 50 bn expansion of quantitative easingMon, 31 Aug 2009 13:45:08 GMThttp://www.fxstreet.com/fundamental/market-view/cs@alpari-us.com (Alpari (US), LLC)http://www.fxstreet.com/fundamental/market-view/fx-weekly/2009-08-31.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-weekly/2009-08-19.htmlMarket Focus Fed kept interest rates on hold in a 0.00 – 0.25% range; they reconfirmed that interest rates would stay at very low levels for an extended period BoE’s Governor Mervyn King stated that inflation will likely slow below 1.0% this year and stay below the bank’s 2.0% goal until at least the end of 2012 Chinese stock market jittery over concerns about possible tightening Crude declined by almost 5% The Foreign Exchange market struggled to find direction as most of the major currencyWed, 19 Aug 2009 18:56:21 GMThttp://www.fxstreet.com/fundamental/market-view/cs@alpari-us.com (Alpari (US), LLC)http://www.fxstreet.com/fundamental/market-view/fx-weekly/2009-08-19.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-weekly/2009-08-11.htmlMarket Focus US equity markets continued to rally fueled by technology as the Nasdaq Index is up over 60% from the March lows US Treasury announced it will sell $75 bn of treasury debt; the 10-year benchmark yield is at 3.75% BoE left rates unchanged at 0.50%, but surprised by expanding its Quantitative Easing program by another GBP 50 bn taking the total to GBP 175 bn ECB left rates unchanged at 1.0%; EURUSD implied volatility dropped to pre-Lehman levels RBA left the Cash Target rateTue, 11 Aug 2009 16:07:12 GMThttp://www.fxstreet.com/fundamental/market-view/cs@alpari-us.com (Alpari (US), LLC)http://www.fxstreet.com/fundamental/market-view/fx-weekly/2009-08-11.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-weekly/2009-07-31.htmlMarket Focus  ·         US second Quarter GDP contracted to 1.0% after a revised 6.4% decline the previous month ·         New Home sales posted a sharp increase of 11.0% in June ·         US Treasury auctions disappointed when the 2-year auction showed a reduction in demand ·         Chinese stock market pulled back sharply afterFri, 31 Jul 2009 13:37:05 GMThttp://www.fxstreet.com/fundamental/market-view/cs@alpari-us.com (Alpari (US), LLC)http://www.fxstreet.com/fundamental/market-view/fx-weekly/2009-07-31.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-weekly/2009-07-22.htmlMarket Focus US dollar continued to be under pressure  Positive second quarter earnings out of GS, JPM, IBM, INTC, GOOG CIT Group, the 101-year old commercial lender, came under pressure and could face bankruptcy; they must repay a scheduled $1 bn of debt maturing in August FOMC minutes for June saw growth forecasts for 2009 revised slightly upwards, but members still remain cautious about the future Stronger than expected Chinese GDP data with a 7.9% annual growth figure for the secondWed, 22 Jul 2009 18:13:07 GMThttp://www.fxstreet.com/fundamental/market-view/cs@alpari-us.com (Alpari (US), LLC)http://www.fxstreet.com/fundamental/market-view/fx-weekly/2009-07-22.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-weekly/2009-07-16.htmlMarket Focus US dollar continued to be under pressure and the US dollar index may test the lows reached in early June at the 78 level Risk tolerance lessened due to skepticism over economic recoveries and possible supplementary stimulus action by central bankers California budget situation remains a large concern Alcoa kicked off 2nd Quarter US earnings with upbeat numbers and their liquidity situation under control.  The following week will provide more insight on earningsThu, 16 Jul 2009 14:09:49 GMThttp://www.fxstreet.com/fundamental/market-view/cs@alpari-us.com (Alpari (US), LLC)http://www.fxstreet.com/fundamental/market-view/fx-weekly/2009-07-16.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-weekly/2009-07-01.htmlMarket Focus FED left interest rates on hold and reiterated that rates would remain low for an extended period of time. Final 1st Quarter US GDP was revised slightly higher to -5.5%, from its previous -5.7. The ECB injected liquidity in which over EUR 440 bn was lent in 1-year funds. The BIS’ annual meeting was held over the weekend.  China and Brazil discussed how to bypass the US dollar for trade. UBS, the world’s largest wealth manager raised $3.5 bn to strengthen its capital base. SNBWed, 01 Jul 2009 16:23:17 GMThttp://www.fxstreet.com/fundamental/market-view/cs@alpari-us.com (Alpari (US), LLC)http://www.fxstreet.com/fundamental/market-view/fx-weekly/2009-07-01.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-weekly/2009-06-24.v02.htmlMarket Focus US Dollar was range-bound while all eyes will be awaiting FOMC comments and the Treasury auction results. President Obama laid out his plan to reshape the US financial regulation. German ZEW business confidence index rose to 44.8 in June from 31.1 the previous month, which marked the highest reading in three years.. The BOJ left interest rates at 0.10% and upgraded their view on the economy.  The Yen continued to strengthen. SNB kept interest rates on hold at 0.25% andWed, 24 Jun 2009 13:47:52 GMThttp://www.fxstreet.com/fundamental/market-view/cs@alpari-us.com (Alpari (US), LLC)http://www.fxstreet.com/fundamental/market-view/fx-weekly/2009-06-24.v02.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-weekly/2009-06-17.htmlMarket Focus Successful US Treasury Auction Results in 3-yr, 10-yr, and 30-yr offerings recorded strong bid-cover ratios. The Fed has purchased $156.5 bn of government bonds and is expected to buy more to maintain low rates. US April Trade Balance stabilized at -$29.2 bn vs -$29.0 bn as expected TARP repayments are expected to start as early as next Wednesday for J.P. Morgan Chase, Morgan Stanley, and American Express. China’s May Trade Balance was $13.39 bn vs $14.9 bn as expected. China’sWed, 17 Jun 2009 10:52:40 GMThttp://www.fxstreet.com/fundamental/market-view/cs@alpari-us.com (Alpari (US), LLC)http://www.fxstreet.com/fundamental/market-view/fx-weekly/2009-06-17.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-weekly/2009-06-12.v02.htmlMarket Focus The BOE, ECB and Bank of Canada all left rates unchanged at their respective levels, but there were minor differences in regards to quantitative easing policies. 10-year US Treasury yield jumped to 3.85% Non-farm payroll data came in better than expected with a decline of 345,000 for May UK economic data continued to improve because of rising housing prices The Foreign Exchange market experienced a volatile week as the headlines were dominated by central bank meetings alongsideFri, 12 Jun 2009 13:17:48 GMThttp://www.fxstreet.com/fundamental/market-view/cs@alpari-us.com (Alpari (US), LLC)http://www.fxstreet.com/fundamental/market-view/fx-weekly/2009-06-12.v02.html