http://www.fxstreet.com/technical/market-view/fx-briefing/http://www.fxstreet.com/technical/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/technical/market-view/fx-briefing/2009-11-16.htmlHighlights Policymakers seek to reassure Eurozone growing again Start of exit strategy? EUR-USD: To exit or not to exit, that is the question As far as US monetary policy is concerned, the answer to this question became fairly clear this week. The weak labour market data had already prompted speculation that an exit from the ultraloose monetary policy was still a long way off. This week, comments from several US policymakers confirmed this impression, pushing the dollar down further. EUR-USDMon, 16 Nov 2009 05:54:21 GMThttp://www.fxstreet.com/technical/market-view/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/technical/market-view/fx-briefing/2009-11-16.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-briefing/2009-11-16.htmlHighlights Policymakers seek to reassure Eurozone growing again Start of exit strategy? EUR-USD: To exit or not to exit, that is the question As far as US monetary policy is concerned, the answer to this question became fairly clear this week. The weak labour market data had already prompted speculation that an exit from the ultraloose monetary policy was still a long way off. This week, comments from several US policymakers confirmed this impression, pushing the dollar down further. EUR-USDMon, 16 Nov 2009 05:54:21 GMThttp://www.fxstreet.com/fundamental/market-view/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/market-view/fx-briefing/2009-11-16.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-briefing/2009-11-09.htmlHighlights Fed: Interest rates to remain at exceptionally low levels for an extended period BoE: Asset purchase scheme extended again ECB: Less liquidity needed due to financial market recovery Central banks maintain expansionary stance During the course of the week, the euro firmed somewhat against the dollar. After the ECB had concluded the series of central bank meetings, EUR-USD was around 1.4870 on Friday lunchtime, marginally stronger than a week ago. This week, particularly importantMon, 09 Nov 2009 07:08:22 GMThttp://www.fxstreet.com/fundamental/market-view/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/market-view/fx-briefing/2009-11-09.htmlhttp://www.fxstreet.com/technical/market-view/fx-briefing/2009-11-09.htmlHighlights Fed: Interest rates to remain at exceptionally low levels for an extended period BoE: Asset purchase scheme extended again ECB: Less liquidity needed due to financial market recovery Central banks maintain expansionary stance During the course of the week, the euro firmed somewhat against the dollar. After the ECB had concluded the series of central bank meetings, EUR-USD was around 1.4870 on Friday lunchtime, marginally stronger than a week ago. This week, particularly importantMon, 09 Nov 2009 07:08:22 GMThttp://www.fxstreet.com/technical/market-view/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/technical/market-view/fx-briefing/2009-11-09.htmlhttp://www.fxstreet.com/technical/market-view/fx-briefing/2009-11-02.htmlHighlights EUR-USD retreats to below 1.50 US economy grows again in Q3 for the first time Buba president Weber unwilling to continue long-term tender “for too long” Some respite for the dollar After losing ground for the last three weeks, the dollar now seems to be getting some respite. EUR-USD, which was over 1.50 at the beginning of the week, slipped to below 1.47 temporarily, only to recover to around 1.48 towards the end of the week. Scandinavian and eastern European currencies and alsoMon, 02 Nov 2009 06:59:09 GMThttp://www.fxstreet.com/technical/market-view/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/technical/market-view/fx-briefing/2009-11-02.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-briefing/2009-11-02.htmlHighlights EUR-USD retreats to below 1.50 US economy grows again in Q3 for the first time Buba president Weber unwilling to continue long-term tender “for too long” Some respite for the dollar After losing ground for the last three weeks, the dollar now seems to be getting some respite. EUR-USD, which was over 1.50 at the beginning of the week, slipped to below 1.47 temporarily, only to recover to around 1.48 towards the end of the week. Scandinavian and eastern European currencies and alsoMon, 02 Nov 2009 06:59:09 GMThttp://www.fxstreet.com/fundamental/market-view/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/market-view/fx-briefing/2009-11-02.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-briefing/2009-10-26.htmlHighlights EUR-USD climbs over 1.50 Pound plunges on disappointing Q3 growth Intervention pushes up Asian currency reserves Dollar weakness persists Towards the middle of the week, EUR-USD breached the 1.50 level for the first time since August 2008. The final push came from US equity markets, which reacted very positively to Morgan Stanley’s quarterly earnings in particular. All in all, however, the euro only made moderate gains: towards the end of the week, the common European currency wasMon, 26 Oct 2009 06:08:18 GMThttp://www.fxstreet.com/fundamental/market-view/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/market-view/fx-briefing/2009-10-26.htmlhttp://www.fxstreet.com/technical/market-view/fx-briefing/2009-10-26.htmlHighlights EUR-USD climbs over 1.50 Pound plunges on disappointing Q3 growth Intervention pushes up Asian currency reserves Dollar weakness persists Towards the middle of the week, EUR-USD breached the 1.50 level for the first time since August 2008. The final push came from US equity markets, which reacted very positively to Morgan Stanley’s quarterly earnings in particular. All in all, however, the euro only made moderate gains: towards the end of the week, the common European currency wasMon, 26 Oct 2009 06:08:18 GMThttp://www.fxstreet.com/technical/market-view/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/technical/market-view/fx-briefing/2009-10-26.htmlhttp://www.fxstreet.com/technical/market-view/fx-briefing/2009-10-19.htmlHighlights Equities hit highs on recovery hopes, bond yields pick up Markets discuss the international role of the dollar ECB council member Mersch sees inflation expectations “edging up slightly” BoE signals pause in asset purchases, Sterling rebounds 1.50 mark within reach The dollar is continuing to tumble. This week too the US currency fell markedly against most major currencies. On Thursday morning, EUR-USD hit a new annual high of 1.4967, and was still around 1.49 towards the end of theMon, 19 Oct 2009 07:46:28 GMThttp://www.fxstreet.com/technical/market-view/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/technical/market-view/fx-briefing/2009-10-19.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-briefing/2009-10-19.htmlHighlights Equities hit highs on recovery hopes, bond yields pick up Markets discuss the international role of the dollar ECB council member Mersch sees inflation expectations “edging up slightly” BoE signals pause in asset purchases, Sterling rebounds 1.50 mark within reach The dollar is continuing to tumble. This week too the US currency fell markedly against most major currencies. On Thursday morning, EUR-USD hit a new annual high of 1.4967, and was still around 1.49 towards the end of theMon, 19 Oct 2009 07:46:28 GMThttp://www.fxstreet.com/fundamental/market-view/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/market-view/fx-briefing/2009-10-19.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-briefing/2009-10-12.htmlHighlights Commodity currencies strengthen on Australian central bank interest rate hike ECB still cautious about recovery prospects, only sees gradual improvement Fed begins discussion on when to start raising interest rates Dollar under pressure again The US currency remains under downward pressure. EUR-USD is now over 1.47 again; USDJPY around 89. The negative impact of last week’s disappointing labour market report on the markets was only short-lived. Some commentators were actually of theMon, 12 Oct 2009 05:39:42 GMThttp://www.fxstreet.com/fundamental/market-view/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/market-view/fx-briefing/2009-10-12.htmlhttp://www.fxstreet.com/technical/market-view/fx-briefing/2009-10-12.htmlHighlights Commodity currencies strengthen on Australian central bank interest rate hike ECB still cautious about recovery prospects, only sees gradual improvement Fed begins discussion on when to start raising interest rates Dollar under pressure again The US currency remains under downward pressure. EUR-USD is now over 1.47 again; USDJPY around 89. The negative impact of last week’s disappointing labour market report on the markets was only short-lived. Some commentators were actually of theMon, 12 Oct 2009 05:39:42 GMThttp://www.fxstreet.com/technical/market-view/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/technical/market-view/fx-briefing/2009-10-12.htmlhttp://www.fxstreet.com/technical/market-view/fx-briefing/2009-10-05.htmlHighlights  Weaker stock markets bring some relief to the dollar  US economic data disappoint; employment is cut further  Europeans resist appreciation of the euro Doubts about upswing scenario This week the dollar showed strength again. The losses of the past weeks were partly corrected as equity markets weakened and a more cautious assessment of the chances for an economic recovery diminished risk appetite. During the week, EUR-USD dropped close to 1.45 and most other EuropeanMon, 05 Oct 2009 07:45:59 GMThttp://www.fxstreet.com/technical/market-view/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/technical/market-view/fx-briefing/2009-10-05.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-briefing/2009-10-05.htmlHighlights  Weaker stock markets bring some relief to the dollar  US economic data disappoint; employment is cut further  Europeans resist appreciation of the euro Doubts about upswing scenario This week the dollar showed strength again. The losses of the past weeks were partly corrected as equity markets weakened and a more cautious assessment of the chances for an economic recovery diminished risk appetite. During the week, EUR-USD dropped close to 1.45 and most other EuropeanMon, 05 Oct 2009 07:45:59 GMThttp://www.fxstreet.com/fundamental/market-view/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/market-view/fx-briefing/2009-10-05.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-briefing/2009-09-28.htmlHighlights FOMC to maintain stimulus for some time yet  Fed prolongs purchasing programmes, reduces certain quantitative measures further  USA puts correcting global imbalances on G20 agenda  China emphasises importance of a stable yuan  BoE Governor Mervyn King finds depreciation of sterling “helpful” Global imbalances are back on the agenda The US dollar was weak for the most part in the first half of the week, but regained some ground after the Fed Open Market CommitteeMon, 28 Sep 2009 06:26:21 GMThttp://www.fxstreet.com/fundamental/market-view/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/market-view/fx-briefing/2009-09-28.htmlhttp://www.fxstreet.com/technical/market-view/fx-briefing/2009-09-28.htmlHighlights FOMC to maintain stimulus for some time yet  Fed prolongs purchasing programmes, reduces certain quantitative measures further  USA puts correcting global imbalances on G20 agenda  China emphasises importance of a stable yuan  BoE Governor Mervyn King finds depreciation of sterling “helpful” Global imbalances are back on the agenda The US dollar was weak for the most part in the first half of the week, but regained some ground after the Fed Open Market CommitteeMon, 28 Sep 2009 06:26:21 GMThttp://www.fxstreet.com/technical/market-view/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/technical/market-view/fx-briefing/2009-09-28.htmlhttp://www.fxstreet.com/technical/market-view/fx-briefing/2009-09-21.htmlHighlights EUR-USD reaches fresh high for the year at 1.4768 Markets speculate about differences of opinion within FOMC Pound comes under pressure as BoE contemplates further easing New Japanese finance minister sees no need for intervention US economy shifts into forward The downward trend of the dollar continued this week. At 1.4768, EUR-USD reached a new annual high while Eastern European and Scandinavian currencies appreciated even more strongly. The losses recorded by the dollar reflectMon, 21 Sep 2009 05:47:54 GMThttp://www.fxstreet.com/technical/market-view/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/technical/market-view/fx-briefing/2009-09-21.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-briefing/2009-09-21.htmlHighlights EUR-USD reaches fresh high for the year at 1.4768 Markets speculate about differences of opinion within FOMC Pound comes under pressure as BoE contemplates further easing New Japanese finance minister sees no need for intervention US economy shifts into forward The downward trend of the dollar continued this week. At 1.4768, EUR-USD reached a new annual high while Eastern European and Scandinavian currencies appreciated even more strongly. The losses recorded by the dollar reflectMon, 21 Sep 2009 05:47:54 GMThttp://www.fxstreet.com/fundamental/market-view/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/market-view/fx-briefing/2009-09-21.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-briefing/2009-09-14.htmlHighlights Central banks signal continuation of expansive monetary policy, no exit  Equity markets are boosted by liquidity and recovery hopes  Growing discrepancy between market sentiment and fundamental prospects Dollar: safe-haven appeal is fading After moving sideways for months, the dollar has now fallen below the lower boundary of the trading range. The US currency weakened against almost all major currencies, the ICE Dollar Index dropped by around 2%. EUR-USD rose to aboutMon, 14 Sep 2009 06:19:30 GMThttp://www.fxstreet.com/fundamental/market-view/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/market-view/fx-briefing/2009-09-14.htmlhttp://www.fxstreet.com/technical/market-view/fx-briefing/2009-09-14.htmlHighlights Central banks signal continuation of expansive monetary policy, no exit  Equity markets are boosted by liquidity and recovery hopes  Growing discrepancy between market sentiment and fundamental prospects Dollar: safe-haven appeal is fading After moving sideways for months, the dollar has now fallen below the lower boundary of the trading range. The US currency weakened against almost all major currencies, the ICE Dollar Index dropped by around 2%. EUR-USD rose to aboutMon, 14 Sep 2009 06:19:30 GMThttp://www.fxstreet.com/technical/market-view/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/technical/market-view/fx-briefing/2009-09-14.htmlhttp://www.fxstreet.com/technical/market-view/fx-briefing/2009-09-07.htmlHighlights ECB Council: Too early for exit discussions; no premium on 1-year tender After DPJ election victory, markets test lower USD/JPY limit, low intervention risk Gloomy equity markets support dollar Caution and Prudence Trading in EUR-USD still lacks direction. Towards the end of the week, the euro was around 1.4280, only slightly below the previous week’s level. The mood in equity markets was predominantly subdued. After the substantial losses incurred by the Chinese market at theMon, 07 Sep 2009 07:35:41 GMThttp://www.fxstreet.com/technical/market-view/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/technical/market-view/fx-briefing/2009-09-07.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-briefing/2009-09-07.htmlHighlights ECB Council: Too early for exit discussions; no premium on 1-year tender After DPJ election victory, markets test lower USD/JPY limit, low intervention risk Gloomy equity markets support dollar Caution and Prudence Trading in EUR-USD still lacks direction. Towards the end of the week, the euro was around 1.4280, only slightly below the previous week’s level. The mood in equity markets was predominantly subdued. After the substantial losses incurred by the Chinese market at theMon, 07 Sep 2009 07:35:41 GMThttp://www.fxstreet.com/fundamental/market-view/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/market-view/fx-briefing/2009-09-07.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-briefing/2009-08-31.htmlHighlights ECB Council likely to confirm expansive monetary policy stance Euro benefits from improved economic indicators EUR-USD has remained within the trading range of the last few weeks, albeit mostly at the top end due to firm equity markets and upbeat economic data from the eurozone. At the end of the week, the euro is trading at around 1.4350 – slightly less than at the end of last week. The dollar has weakened somewhat against the yen too. Towards the close of the week, USD-JPY is justMon, 31 Aug 2009 06:55:09 GMThttp://www.fxstreet.com/fundamental/market-view/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/market-view/fx-briefing/2009-08-31.htmlhttp://www.fxstreet.com/technical/market-view/fx-briefing/2009-08-31.htmlHighlights ECB Council likely to confirm expansive monetary policy stance Euro benefits from improved economic indicators EUR-USD has remained within the trading range of the last few weeks, albeit mostly at the top end due to firm equity markets and upbeat economic data from the eurozone. At the end of the week, the euro is trading at around 1.4350 – slightly less than at the end of last week. The dollar has weakened somewhat against the yen too. Towards the close of the week, USD-JPY is justMon, 31 Aug 2009 06:55:09 GMThttp://www.fxstreet.com/technical/market-view/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/technical/market-view/fx-briefing/2009-08-31.htmlhttp://www.fxstreet.com/technical/market-view/fx-briefing/2009-08-24.htmlHighlights Policymakers remain sceptical: upswing not yet sustainable Asian stock markets under pressure Sentiment indicators are improving continuously Euro lacks direction EUR-USD is continuing to consolidate sideways: whereas last week, the euro was boosted by positive growth surprises, at the beginning of this week, markets started to wonder whether the growth euphoria had perhaps been exaggerated, particularly in equity markets. This put some stock markets, especially in the Far East,Mon, 24 Aug 2009 07:53:47 GMThttp://www.fxstreet.com/technical/market-view/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/technical/market-view/fx-briefing/2009-08-24.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-briefing/2009-08-24.htmlHighlights Policymakers remain sceptical: upswing not yet sustainable Asian stock markets under pressure Sentiment indicators are improving continuously Euro lacks direction EUR-USD is continuing to consolidate sideways: whereas last week, the euro was boosted by positive growth surprises, at the beginning of this week, markets started to wonder whether the growth euphoria had perhaps been exaggerated, particularly in equity markets. This put some stock markets, especially in the Far East,Mon, 24 Aug 2009 07:53:47 GMThttp://www.fxstreet.com/fundamental/market-view/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/market-view/fx-briefing/2009-08-24.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-briefing/2009-08-17.htmlHighlights Fed sees economy stabilising, but still emphasizes weak points Euro benefits from surprisingly good German GDP data Weak US retail sales put dollar under fresh pressure Growth surprise boosts euro Patterns in the forex markets seem to be changing: over a long period of time, whenever the crisis intensified, the dollar and the yen benefited. The more confident market participants became, the more the euro strengthened. Most other industrialised and emerging market currenciesMon, 17 Aug 2009 06:02:03 GMThttp://www.fxstreet.com/fundamental/market-view/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/market-view/fx-briefing/2009-08-17.htmlhttp://www.fxstreet.com/technical/market-view/fx-briefing/2009-08-17.htmlHighlights Fed sees economy stabilising, but still emphasizes weak points Euro benefits from surprisingly good German GDP data Weak US retail sales put dollar under fresh pressure Growth surprise boosts euro Patterns in the forex markets seem to be changing: over a long period of time, whenever the crisis intensified, the dollar and the yen benefited. The more confident market participants became, the more the euro strengthened. Most other industrialised and emerging market currenciesMon, 17 Aug 2009 06:02:03 GMThttp://www.fxstreet.com/technical/market-view/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/technical/market-view/fx-briefing/2009-08-17.htmlhttp://www.fxstreet.com/technical/market-view/fx-briefing/2009-08-10.htmlHighlights GDP drop in the eurozone likely to have slowed significantly in Q2 ECB’s monetary policy remains expansionary FOMC set to confirm assessment made in July Moderate GDP decline in Q2 After a spate of upbeat quarterly earnings in the US, equity markets soared to fresh highs at the beginning of the week. The dollar suffered accordingly. During this phase, improved US economic indicators put it under more pressure: the ISM manufacturing index, for instance, rose over two points to 48.9,Mon, 10 Aug 2009 06:38:54 GMThttp://www.fxstreet.com/technical/market-view/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/technical/market-view/fx-briefing/2009-08-10.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-briefing/2009-08-10.htmlHighlights GDP drop in the eurozone likely to have slowed significantly in Q2 ECB’s monetary policy remains expansionary FOMC set to confirm assessment made in July Moderate GDP decline in Q2 After a spate of upbeat quarterly earnings in the US, equity markets soared to fresh highs at the beginning of the week. The dollar suffered accordingly. During this phase, improved US economic indicators put it under more pressure: the ISM manufacturing index, for instance, rose over two points to 48.9,Mon, 10 Aug 2009 06:38:54 GMThttp://www.fxstreet.com/fundamental/market-view/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/market-view/fx-briefing/2009-08-10.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-briefing/2009-08-03.htmlHighlights ECB set to confirm its monetary policy stance Bank of England should continue to purchase gilts EUR-USD treading water Whereas the upbeat quarterly figures are sparking fresh waves of speculation on US stock markets in particular, they have had little impact on the forex markets so far. Although favourable equity markets usually tend to boost EUR-USD, the forex market has just been treading water: EURUSD started the week at 1.42, and briefly touched 1.43, only to come under pressureMon, 03 Aug 2009 05:53:45 GMThttp://www.fxstreet.com/fundamental/market-view/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/market-view/fx-briefing/2009-08-03.htmlhttp://www.fxstreet.com/technical/market-view/fx-briefing/2009-08-03.htmlHighlights ECB set to confirm its monetary policy stance Bank of England should continue to purchase gilts EUR-USD treading water Whereas the upbeat quarterly figures are sparking fresh waves of speculation on US stock markets in particular, they have had little impact on the forex markets so far. Although favourable equity markets usually tend to boost EUR-USD, the forex market has just been treading water: EURUSD started the week at 1.42, and briefly touched 1.43, only to come under pressureMon, 03 Aug 2009 05:53:45 GMThttp://www.fxstreet.com/technical/market-view/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/technical/market-view/fx-briefing/2009-08-03.htmlhttp://www.fxstreet.com/technical/market-view/fx-briefing/2009-07-27.htmlHighlights DAX hits high for year Bernanke: tentative optimism, exit still a long way off Ifo recovers further Stocks outperform euro Forex markets have decoupled to some extent from stock markets: Only at the beginning of the week were they able to follow surging stocks. EUR-USD rose to 1.4277, but then ran out of steam even as the Dax scaled new highs in the second half of the week, reaching the highest level so far this year at 5300. The common currency on the other hand fell back to aroundMon, 27 Jul 2009 06:06:35 GMThttp://www.fxstreet.com/technical/market-view/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/technical/market-view/fx-briefing/2009-07-27.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-briefing/2009-07-27.htmlHighlights DAX hits high for year Bernanke: tentative optimism, exit still a long way off Ifo recovers further Stocks outperform euro Forex markets have decoupled to some extent from stock markets: Only at the beginning of the week were they able to follow surging stocks. EUR-USD rose to 1.4277, but then ran out of steam even as the Dax scaled new highs in the second half of the week, reaching the highest level so far this year at 5300. The common currency on the other hand fell back to aroundMon, 27 Jul 2009 06:06:35 GMThttp://www.fxstreet.com/fundamental/market-view/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/market-view/fx-briefing/2009-07-27.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-briefing/2009-07-20.htmlHighlights First manufacturing survey data for July show slower downward movement Fed predicts sluggish growth in H2, sharper acceleration in 2010/11 Balancing act in Congress: Bernanke explains monetary policy Equity markets are continuing to dominate exchange rate movements. Corporate earnings data published so far suggest that the pessimism in the run-up to the reporting season was exaggerated; US banks and the technology sector in particular have posted better than expected results.Mon, 20 Jul 2009 06:33:03 GMThttp://www.fxstreet.com/fundamental/market-view/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/market-view/fx-briefing/2009-07-20.htmlhttp://www.fxstreet.com/technical/market-view/fx-briefing/2009-07-20.htmlHighlights First manufacturing survey data for July show slower downward movement Fed predicts sluggish growth in H2, sharper acceleration in 2010/11 Balancing act in Congress: Bernanke explains monetary policy Equity markets are continuing to dominate exchange rate movements. Corporate earnings data published so far suggest that the pessimism in the run-up to the reporting season was exaggerated; US banks and the technology sector in particular have posted better than expected results.Mon, 20 Jul 2009 06:33:03 GMThttp://www.fxstreet.com/technical/market-view/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/technical/market-view/fx-briefing/2009-07-20.htmlhttp://www.fxstreet.com/technical/market-view/fx-briefing/2009-07-13.htmlHighlights Industrial new orders and production in Germany pick up significantly in May China keeps the debate on international currency system reform going Yen and dollar rise on growth scepticism The release of US labour market data for the beginning of July triggered a change of mood in the markets. Market participants are beginning to wonder whether the “green shoots” of the last weeks and months will be able to survive in the harsh economic climate. One factor causing uncertainty in theMon, 13 Jul 2009 06:19:28 GMThttp://www.fxstreet.com/technical/market-view/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/technical/market-view/fx-briefing/2009-07-13.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-briefing/2009-07-13.htmlHighlights Industrial new orders and production in Germany pick up significantly in May China keeps the debate on international currency system reform going Yen and dollar rise on growth scepticism The release of US labour market data for the beginning of July triggered a change of mood in the markets. Market participants are beginning to wonder whether the “green shoots” of the last weeks and months will be able to survive in the harsh economic climate. One factor causing uncertainty in theMon, 13 Jul 2009 06:19:28 GMThttp://www.fxstreet.com/fundamental/market-view/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/market-view/fx-briefing/2009-07-13.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-briefing/2009-07-06.htmlHighlights Job losses continue in US, employment falls by 467,000 in June ECB displays concern about credit growth ECB “happy” with one-year tender, not planning to actively reduce excess liquidity ECB: Concealed rate cut The prevailing mood in the equity markets was favourable, and against this backdrop, EUR-USD strengthened somewhat up until the middle of the week. The single currency was mostly above 1.40, and even touched 1.42 temporarily. The movement was volatile, however. The optimistsMon, 06 Jul 2009 10:11:49 GMThttp://www.fxstreet.com/fundamental/market-view/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/market-view/fx-briefing/2009-07-06.htmlhttp://www.fxstreet.com/technical/market-view/fx-briefing/2009-07-06.htmlHighlights Job losses continue in US, employment falls by 467,000 in June ECB displays concern about credit growth ECB “happy” with one-year tender, not planning to actively reduce excess liquidity ECB: Concealed rate cut The prevailing mood in the equity markets was favourable, and against this backdrop, EUR-USD strengthened somewhat up until the middle of the week. The single currency was mostly above 1.40, and even touched 1.42 temporarily. The movement was volatile, however. The optimistsMon, 06 Jul 2009 10:11:49 GMThttp://www.fxstreet.com/technical/market-view/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/technical/market-view/fx-briefing/2009-07-06.html