http://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/http://www.fxstreet.com/technical/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2012-01-17.htmlLast week’s currency trading review The Dollar was strong on the back of fresh Eurozone concerns with any attempts to rally being sold into and more bad news emerging daily. On Friday night S&P downgraded multiple European countries including France which lost its AAA rating. Data wise we saw a few negative misses which hampered the US stocks attempt to rally even as the debt crisis rolled on. Weekly jobless claims spiked to 399k vs. 375k previously. Consumer Sentiment improved though toTue, 17 Jan 2012 07:30:00 GMThttp://www.fxstreet.com/technical/forex-forecasts/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2012-01-17.htmlhttp://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2012-01-10.htmlLast week’s currency trading review The Dollar the dollar enjoyed good gains with economic data improving and the Euro crisis continuing weigh on the biggest major. The market is still viewing the USD as a safe haven but if this correlation changes then a US recovery could lead to strong US data causing a strong Dollar. On Friday we saw glimpses of this with December Non Farm payrolls beating estimates at 200k vs. 150k forecast. The Unemployment rate also dropped to 8.5% vs. 8.7% forecast. TheTue, 10 Jan 2012 07:51:56 GMThttp://www.fxstreet.com/technical/forex-forecasts/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2012-01-10.htmlhttp://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-12-20.htmlLast week’s currency trading review The Dollar was the strongest currency in the market as the Euro fell heavily on concerns the EU summit had not done enough to address the EU Debt crisis. Downgrades of most of Europe to negative rating watch sent the Euro below 1.300 for the first time since January. Stocks were under heavy selling pressure and so was Crude Oil which collapsed when OPEC increased their production quota. Gold also fell heavy down over $100 an ounce as EU banks faced aTue, 20 Dec 2011 06:34:40 GMThttp://www.fxstreet.com/technical/forex-forecasts/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-12-20.htmlhttp://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-12-06.htmlLast week’s currency trading review The Dollar lost ground against all except the Yen with worldwide stock markets soaring on the back of global Central bank intervention and hopes that the EU leaders might be able to work out a new treaty that will allow them to better stave off the debt crisis. US November Unemployment data in good with 120k jobs and the Unemployment rate dropped to 8.6% vs. 9.0% previously. November ISM manufacturing up at 52.7 vs. 50.8 previously. The Euro was under heavyTue, 06 Dec 2011 09:53:20 GMThttp://www.fxstreet.com/technical/forex-forecasts/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-12-06.htmlhttp://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-11-15.htmlLast week’s currency trading review The Dollar did well on the week as the market turned its attention to Italy and sold off risk across the board. Italian Bond Yields broke above 7% and European markets crashed on Monday before staging a strong recovery over the rest of the week to end close to opening levels. Helping the recovery was improving consumer sentiment at 64 vs. 61 previously and Weekly Jobless Claims dropped below 400k last week. The Euro led the market lower on Monday fallingTue, 15 Nov 2011 07:32:53 GMThttp://www.fxstreet.com/technical/forex-forecasts/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-11-15.htmlhttp://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-11-07.htmlLast week’s currency trading review The Dollar a big week in the markets for the USD which finished significantly higher against it two largest majors as USD/JPY soared on BOJ intervention and EUR/USD plunged on Greece brinkmanship. October NonFarm payrolls up 80k vs. 95 forecast but the Unemployment Rate fell to 9.0% vs. 9.1% previously. The other big story in the market was talk the QE3 would be moving closer to reality although the FOMC meeting and statement was fairly neutral. The Euro wasMon, 07 Nov 2011 12:04:39 GMThttp://www.fxstreet.com/technical/forex-forecasts/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-11-07.htmlhttp://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-10-24.htmlLast week’s currency trading review The Dollar was under heavy selling pressure on Friday with the Dow up over 200 points on plenty of FED talk (Tarullo and Evans) supporting QE3. US data was minimal with the main other focus in the market on the continue turmoil in Europe. September CPI at 0.3% m/m. The Euro waxed and waned with headlines out of Europe showing the complexity of the EU bailout and the issues that the different parties have to deal with. German Political pressure not to expandMon, 24 Oct 2011 12:02:59 GMThttp://www.fxstreet.com/technical/forex-forecasts/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-10-24.htmlhttp://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-10-19.htmlLast week’s currency trading review The Dollar was very weak as risk came roaring back into the markets and the safe haven was dumped. The FOMC minutes suggested that more QE3 was possible in the Future as two members voted for extra stimulus. September Retail Sales surged 1.1% vs. 0.5% previously. US stocks rallied over 5% in one of the best weeks on record as confidence increased that European leaders would agree to a grand bailout plan. The Euro surged higher as more comments from EuropeanWed, 19 Oct 2011 06:52:33 GMThttp://www.fxstreet.com/technical/forex-forecasts/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-10-19.htmlhttp://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-10-12.htmlLast week’s currency trading review The Dollar hit multi-month highs on Monday and Tuesday but when the market reversed direction on late Tuesday and the USD was sold heavily back to opening levels. Economic data was better than expected and this added to the easing fears in the market. September Services PMI at 53.0 and Manufacturing PMI at 51.6 vs. 50.5. September Non Farm Payrolls at 103k vs. 55k forecast. The Euro was the major catalyst first for the downside and then the large rally laterWed, 12 Oct 2011 06:59:01 GMThttp://www.fxstreet.com/technical/forex-forecasts/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-10-12.htmlhttp://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-09-13.htmlLast week’s currency trading review The Dollar was the strongest currency in the market supported by the collapse in the Euro and intervention in the Swiss franc by the SNB earlier in the week. The drastic intervention in the Swiss Franc has left the USD the safe haven of choice with concerns the USD/JPY also has intervention risks and that gold’s rally was overdone. Economic data was mixed with September Services PMI stronger than expected at 53.3 vs. 51.2 and Weekly Jobless Claims slightlyTue, 13 Sep 2011 06:14:30 GMThttp://www.fxstreet.com/technical/forex-forecasts/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-09-13.htmlhttp://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-09-06.htmlLast week’s currency trading review The Dollar weak US data and fresh EU debt worries dominated the market last week and allowed the USD to gain against most currencies especially on Friday. The FOMC minutes surprised with some members unhappy with the easing language and this saw QE3 come into question. The case was helped on Friday though with August NFP at 0 vs. +75k forecast. Consumer Confidence also shocked last week falling to recession levels at 44.5 vs. 49.2 previously. The Euro wasTue, 06 Sep 2011 11:30:44 GMThttp://www.fxstreet.com/technical/forex-forecasts/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-09-06.htmlhttp://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-08-23.htmlLast week’s currency trading review The Dollar was under pressure as the relief rally extended gains early in the week but when stocks crashed on Thursday and Friday the safe haven demand for the USD saw losses pared back. The big gainer was gold which soared towards $1900 an ounce. CPI data was as expected at 0.2% in July m/m. A big shock was the Aug Philly FED Index dropping to -30 vs. 3.2 forecast. The Euro was contained in a 1.43-1.45 range with the market focused now on the idea thatTue, 23 Aug 2011 07:56:30 GMThttp://www.fxstreet.com/technical/forex-forecasts/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-08-23.htmlhttp://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-08-16.htmlLast week’s currency trading review The Dollar a major market sell off during the start of the week saw the USD gain against risk currencies but lose against other safe havens in Gold and CHF. The market was spooked by the US rating downgrade and concerns that the world was about to slip back into recession. The FOMC meeting on Tuesday tried to support the market by announcing that the US central bank will hold rates low until 2013 and that QE3 was possible. Stocks rebounded on the news andTue, 16 Aug 2011 10:46:21 GMThttp://www.fxstreet.com/technical/forex-forecasts/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-08-16.htmlhttp://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-08-02.htmlLast week’s currency trading review The Dollar sustained stock market weakness prompted by downgrade warning for the US and concerned the debt ceiling debt line may be breached. The lack of political progress allowed gold and the Swiss franc to trade at record highs as the preferred safe haven. Q2 GDP did not help surprising to the downside on Friday at 1.3% vs. 1.8% Q/Y forecast. The Euro was more volatile than most with its own debt crisis refusing to disappear and Spain put on negativeTue, 02 Aug 2011 06:30:06 GMThttp://www.fxstreet.com/technical/forex-forecasts/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-08-02.htmlhttp://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-07-26.htmlLast week’s currency trading review The Dollar was under heavy selling pressure after the EU summit was able to stabilize the Greece Debt crisis and lessen the chance of contagion. This combined on Friday and over the weekend with a break down in the US debt Ceiling negotiations and left the US with its own burgeoning Debt crisis. June Housing Starts showed a strong 0.63mn vs. 0.58mn previously but Existing Home Sales at 4.77mn vs. 4.92mn forecast. The Euro was under pressure at the start ofTue, 26 Jul 2011 11:36:39 GMThttp://www.fxstreet.com/technical/forex-forecasts/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-07-26.htmlhttp://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-07-19.htmlLast week’s currency trading review The Dollar finished mixed in a heavy news week with lots of intraday volatility. Negative watch from Moody’s and S&P on the US AAA Rating left traders unsure what to do in risk off trade with the clear winner the alternative safe havens of Gold, Yen and Swiss Franc. Bernanke helped support the markets with talk of QE3 if needed which allowed stocks to finish well off lows but also inspired Gold to break record highs. The Euro was under heavy sellingTue, 19 Jul 2011 07:14:00 GMThttp://www.fxstreet.com/technical/forex-forecasts/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-07-19.htmlhttp://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-07-04.htmlLast week’s currency trading review The Dollar was on the back foot against most risk assets in the market with a sharp reversal of global investor sentiment seeing Stock markets gain 5%+. Better than expected US economic data and a positive result in the Greece Debt saga put Bulls back firmly in control and shorts scrambling to cover in the second half of the week. June Manufacturing PMI surged to 55.3 vs. 51.9 forecast. The Euro competed with the more pure risk currencies in a major rallyMon, 04 Jul 2011 10:53:36 GMThttp://www.fxstreet.com/technical/forex-forecasts/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-07-04.htmlhttp://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-06-28.htmlLast week’s currency trading review The Dollar the main story in the markets continued to be the European debt situation with particular focus on Greece. The ongoing bouts of risk aversion pertain to fears that Greece will default if they don’t receive the next tranche of IMF/EU bailout money. The US Fed did meet and signaled the end of QE2 as scheduled and Bernanke downgraded the GDP outlooks for 2011 and 2012. The Euro was the eye of the storm very volatile with daily swings of 200-300 pipsTue, 28 Jun 2011 11:04:13 GMThttp://www.fxstreet.com/technical/forex-forecasts/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-06-28.htmlhttp://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-06-21.htmlLast week’s currency trading review The Dollar spent the first half of the week making solid gains on the back of fears Greece would default after rioters protested the Austerity measures needed to receive further aid from the IMF/ECB. US data was mixed with May CPI stronger than expected at 0.3% vs. 0.2% and Weekly Jobless Claims dropping top 414k vs. 430k previously. June UoM Consumer Confidence dropped to 71.3 vs. 74.3 previously. The Euro volatility continued with 1.4000 almost tested atTue, 21 Jun 2011 09:46:51 GMThttp://www.fxstreet.com/technical/forex-forecasts/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-06-21.htmlhttp://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-06-15.htmlLast week’s currency trading review The Dollar was able to gain widespread support on safe haven demand for the world’s reserve currency after stock markets continued to fall and Greece Debt remained an unresolved headache for the EU. The end of the QE2 program and the fear that China may be heading for a hard landing kept bears in control. The Euro was punished even as the ECB signaled a rate hike was coming in July with the uncertainty of Greece Debt restructuring boiling over into an openWed, 15 Jun 2011 06:06:59 GMThttp://www.fxstreet.com/technical/forex-forecasts/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-06-15.htmlhttp://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-06-07.htmlLast week’s currency trading review The Dollar data releases were mostly negative throughout the week and the investor sentiment gradually deteriorated. Usually the USD would perform well in such an environment but the US data was the main source of weakness and the positive Greece bailout news allowed the biggest pair in the EUR/USD to rally over 2%. May NonFarm Unemployment was +54k vs. +161k forecast. The Euro was the strongest currency in the market on the back of a positive outcome to aTue, 07 Jun 2011 12:21:10 GMThttp://www.fxstreet.com/technical/forex-forecasts/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-06-07.htmlhttp://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-06-01.htmlLast week’s currency trading review The Dollar was under pressure across the board with reports of China diversifying more reserves into Europe and New Zealand. Economic data missed with GDP remaining at 1.8% vs. 2.2% previously. Also concerning was the -3.6% m/m drop in durable goods orders in April. The Euro was able to rebound and overcome the concern about Greece Debt with tough talk from the IMF and EU seen rhetoric to speed up fresh austerity measures. German Business confidence remainedWed, 01 Jun 2011 11:08:09 GMThttp://www.fxstreet.com/technical/forex-forecasts/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-06-01.htmlhttp://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-05-25.htmlLast week’s currency trading review The Dollar e njoyed some support across the board with traders happy to sell into rallies and bad news continuing to flow through steadily. The main story continued to be the deepening European debt crisis with Greece again in the headlines. Weekly Jobless Claims improved to 409k vs. 438k previously. May Philly FED slumped however to 3.9 vs. 18.5 previously. The Euro the ratings downgrade of Greece to Junk sent the Euro plummeting on Friday after steadyWed, 25 May 2011 11:24:14 GMThttp://www.fxstreet.com/technical/forex-forecasts/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-05-25.htmlhttp://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-05-17.htmlLast week’s currency trading review The Dollar was well supported as the correction entered its second week. Stocks and Commodities all hit month lows and the brief rallies were sold into. CPI was at forecast 0.2%m/m in April, May Consumer Confidence increased to 72.4 as Oil fell. The end of Q2 in June is creating uncertainty in the currency markets and could lead to more USD strength as the US monetary policy normalizes. The Euro was under heavy selling pressure on the back of renewed focusTue, 17 May 2011 13:24:06 GMThttp://www.fxstreet.com/technical/forex-forecasts/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-05-17.htmlhttp://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-05-10.htmlLast week’s currency trading review The Dollar a major reversal of most markets occurred last week with commodities cleaned out and speculators forced to close long positions. Silver plunge 15% and Oil over $15 a barrel in a major rout. US Jobs where strong and help stock markets to bounce on Friday in a drama filled week which began with news Osama Bin laden had been killed. The Euro was the weakest currency with the strong USD combining with rumors on Friday that Greece was consideringTue, 10 May 2011 07:22:25 GMThttp://www.fxstreet.com/technical/forex-forecasts/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-05-10.htmlhttp://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-05-03.htmlLast week’s currency trading review The Dollar weakness last week was accelerated by the FED chief Bernanke who spoke at the press conference after the FOMC meeting. In the first Q&A session ever post a FOMC session we saw Bernanke temper expectations that the US would change monetary policy soon with low rates expected for an ‘extended period’ and the FED very concerned with the weak employment situation. The Euro led the market higher in a sharp move heading towards 1.5000, the nextTue, 03 May 2011 09:07:27 GMThttp://www.fxstreet.com/technical/forex-forecasts/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-05-03.htmlhttp://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-04-19.htmlLast week’s currency trading review The Dollar rout ended last week as the Eurozone Debt crisis resurfaced and traders focused on the possibility of higher oil prices slowing the global recovery. Most majors were unchanged with the exception of the Yen which gained across the board as the safe haven of choice. March US Retail Sales grew +0.4% vs. 1.1% previously. The Euro the Euro rallied stalled at the 1.4500 figure but was well supported on dips consolidating the recent move higher. TheTue, 19 Apr 2011 07:28:13 GMThttp://www.fxstreet.com/technical/forex-forecasts/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-04-19.htmlhttp://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-04-12.htmlLast week’s currency trading review The Dollar was under heavy selling pressure due to risk on trading and sharp moves higher in commodities. Gold broke to record highs and Oil surged above $110 a barrel. The FOMC minutes showed that most members still backed the finishing of QE2 and continued loose monetary policy. The Euro moved towards 1.4500 on the back on the widely expected ECB rate hike by 0.25% to 1.25%. ECB President Trichet did not indicate another rate hike in May but did leave theTue, 12 Apr 2011 09:15:01 GMThttp://www.fxstreet.com/technical/forex-forecasts/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-04-12.htmlhttp://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-04-06.htmlLast week’s currency trading review The Dollar mixed in a big week of moves with stock markets soaring and Oil hitting fresh year highs. Strong Economic Data helped equity markets move higher and kept risk sensitive currencies very strong. Ongoing Middle Eastern turmoil has led to substantial gains in Oil up over $4 a barrel. US Jobs Data was very strong with 216k jobs created in March and the Unemployment rate falling to 8.8%. The Euro was very strong moving higher on the back firming ECBWed, 06 Apr 2011 07:23:00 GMThttp://www.fxstreet.com/technical/forex-forecasts/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-04-06.htmlhttp://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-03-29.htmlLast week’s currency trading review The Dollar was under pressure against most pairs with ‘risk appetite’ firmly back on with major rallies in global stocks and commodities. The AUD/USD soared to fresh all time highs above 1.0250 and is a good gauge on investors risk appetite. Little economic data was released with weak housing data the highlight with February Existing home sales slumping to 4.88m vs. 5.4m previously. The Euro led the charge higher as ECB members continue to talk up theTue, 29 Mar 2011 06:36:23 GMThttp://www.fxstreet.com/technical/forex-forecasts/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-03-29.htmlhttp://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-03-17.htmlLast week’s currency trading review The Dollar was very strong against most pairs this week as the Japanese Earthquake/Tsunami caused widespread risk aversion and stock market liquidations. The crisis escalated on Tuesday with news of radiation leaking and high reading in Tokyo spooking markets into a 10% drop in the Nikkei. Wild volatility then dominated as oversold conditions inspired bargain hunting which prompted periods of short covering but traders are still very nervous. The FOMC metThu, 17 Mar 2011 11:56:54 GMThttp://www.fxstreet.com/technical/forex-forecasts/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-03-17.htmlhttp://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-03-08.htmlLast week’s currency trading review The Dollar was weak but volatile gaining some support from safe haven demand but being sold against the Euro on the widening interest rate differential outlook. Spiking Oil is sending stock markets down as investors fret the speed of the recovery will be affected by extended high petrol prices. February US Non Farm Payrolls gained 192k vs. 63k previously. The Unemployment Rate dropped to 8.9% vs. 9.1%. The Euro was the best performing currency on the back ofTue, 08 Mar 2011 10:57:50 GMThttp://www.fxstreet.com/technical/forex-forecasts/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-03-08.htmlhttp://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-03-01.htmlLast week’s currency trading review The Dollar was on the back foot for most of the week as currency traders ignored the risk aversion caused by middle east uprising with specific focus on the oil rich Libya. Attention was instead paid to the Central bank interest rate expectation with the US seen as one of the last to raise. Q4 GDP was revised lower to 2.8% vs. 3.2% q/q. The Euro continued to press higher as the market latched on to further comments from ECB officials regarding the need toTue, 01 Mar 2011 06:02:58 GMThttp://www.fxstreet.com/technical/forex-forecasts/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-03-01.htmlhttp://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-02-22.htmlLast week’s currency trading review The Dollar was on the back foot throughout the week as investors continued to push the rally higher. January Retail Sales dropped to 0.3% vs. 0.5% forecast and Weekly Jobless Claims jumped to 410k vs. 385k, both helping to keep Dollar pressured. The FOMC minutes did acknowledge an improving growth outlook but concerns still remained surrounding the weak employment situation. The Euro was helped to 1.3700 on hawkish comments from ECB members related to theTue, 22 Feb 2011 05:51:25 GMThttp://www.fxstreet.com/technical/forex-forecasts/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-02-22.htmlhttp://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-02-14.htmlLast week’s currency trading review The Dollar enjoyed widespread support throughout the market on a combination of strong US data and safe haven flows from Egypt. Friday night saw Egyptian President Mubarak step down and this allowed some dollar strength to be retraced. Weekly Jobless Claims dropped to 2 year lows at 383k vs. 419k previously. The Euro hurt by some weak German production data the major traded in a large range rallying early in the week before reversing aggressively. GermanMon, 14 Feb 2011 07:54:36 GMThttp://www.fxstreet.com/technical/forex-forecasts/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-02-14.htmlhttp://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-02-07.htmlLast week’s currency trading review The Dollar had a mixed week with Strong Economic data supporting both the currency and the stock markets. Manufacturing ISM improved to 60.8 vs. 57 previously and Services ISM at 59.4 vs. 57.1. On Weekly Jobless Claims are forecast at 415k vs. 457k. On Friday, Non Farm Employment Change was at 36k vs. 121k previously. The Euro was volatile with an early rally reversed aggressively after the ECB meeting on Thursday failed to deliver what traders expected.Mon, 07 Feb 2011 08:26:11 GMThttp://www.fxstreet.com/technical/forex-forecasts/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-02-07.htmlhttp://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-02-01.htmlLast week’s currency trading review The Dollar was mixed under pressure most of the week until a dramatic stock market fall on Friday sent the dollar higher on save haven flows. Concerns of a possible revolution in Egypt saw Oil soar on supply problems and stocks sink on contagion risk to other middle eastern countries. The FED’s FOMC met and held rates at 0.25% whilst also signaling QE2 would continue as planned. The Euro spent most of the 2week at the 1.3700 level before falling sharply onTue, 01 Feb 2011 09:58:32 GMThttp://www.fxstreet.com/technical/forex-forecasts/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-02-01.htmlhttp://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-01-25.htmlLast week’s currency trading review The Dollar struggled against a Euro led market with most pairs gaining on the major. Economic data is strong from the US lately but this not always translating to USD strength with stock markets the key director. Weekly Jobless Claims dropped to 404k vs. 441k previously. December Existing Home Sales are forecast 5.28m vs. 4.7m previously. The Euro pushed higher above 1.35000 for fresh multi-month highs on improving sentiment and confidence in the ECB.Tue, 25 Jan 2011 06:50:07 GMThttp://www.fxstreet.com/technical/forex-forecasts/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-01-25.htmlhttp://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-01-18.htmlLast week’s currency trading review The Dollar had a dramatic reversal of fortunes as the Euro led a major rebound against the USD last week and left the reserve currency venerable in the new Year. A solid Fed Beige book and very strong US stocks sent the market into ‘risk on’ mode and Oil rallied while Gold plummeted. December Retail Sales fell to 0.6% vs. 0.8% previously. The Euro was the best performer of the week on the back of a hawkish ECB President Trichet and strong showing in BondTue, 18 Jan 2011 07:07:06 GMThttp://www.fxstreet.com/technical/forex-forecasts/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-01-18.htmlhttp://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-01-10.htmlLast week’s currency trading review The Dollar was the strongest currency in the market along with its neighbor the Canadian Dollar as US Economic data continues to improve. December Services PMI improved to 57.1 vs. 55.6 forecast. December Manufacturing PMI improved to 57 vs. 56.6 previously. December US Non Farm Payrolls improved to 103k vs. 71k previously. The Euro was under heavy pressure falling through 1.3000 as Eurozone debt concerns resurface to hurt sentiment. Portugal is the newMon, 10 Jan 2011 11:23:15 GMThttp://www.fxstreet.com/technical/forex-forecasts/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/forex-forecasts/weekly-forex-outlook/2011-01-10.html