http://www.fxstreet.com/technical/market-view/weekly-update/http://www.fxstreet.com/technical/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/technical/market-view/weekly-update/2012-01-31.htmlUSD is broadly higher against most major currencies as uncertainty looms in Greek debt negotiations. EUR fell from highs against the USD after the rescue fund for the Eurozone was stymied as member countries were unable to agree to final terms. Commodity Currencies begin the week lower against the “safe-haven” USD and JPY. USD – Consumer spending stalled in December as Americans used a jump in incomes to restore depleted savings, indicating the biggest part of the economy will not be a driverTue, 31 Jan 2012 08:02:33 GMThttp://www.fxstreet.com/technical/market-view/Kate.McNally@unionbank.com (Union Bank, N.A.)http://www.fxstreet.com/technical/market-view/weekly-update/2012-01-31.htmlhttp://www.fxstreet.com/fundamental/market-view/weekly-update/2012-01-31.htmlUSD is broadly higher against most major currencies as uncertainty looms in Greek debt negotiations. EUR fell from highs against the USD after the rescue fund for the Eurozone was stymied as member countries were unable to agree to final terms. Commodity Currencies begin the week lower against the “safe-haven” USD and JPY. USD – Consumer spending stalled in December as Americans used a jump in incomes to restore depleted savings, indicating the biggest part of the economy will not be a driverTue, 31 Jan 2012 08:02:33 GMThttp://www.fxstreet.com/fundamental/market-view/Kate.McNally@unionbank.com (Union Bank, N.A.)http://www.fxstreet.com/fundamental/market-view/weekly-update/2012-01-31.htmlhttp://www.fxstreet.com/fundamental/market-view/weekly-update/2012-01-24.v02.htmlUSD is mixed as the Fed prepares a meeting on Wednesday that may lay-out when the Fed expects the first interest rate hike. EUR reached its highest level against the USD in nearly three weeks on hopes of debt restructuring. Commodity Currencies continued to strengthen this morning benefitting from rebounding risk appetite. USD – Last week, the US data flow was once again tilted to the positive side. Initial jobless claims fell to the lowest level since spring 2008, and housing data releasesTue, 24 Jan 2012 07:08:28 GMThttp://www.fxstreet.com/fundamental/market-view/Kate.McNally@unionbank.com (Union Bank, N.A.)http://www.fxstreet.com/fundamental/market-view/weekly-update/2012-01-24.v02.htmlhttp://www.fxstreet.com/technical/market-view/weekly-update/2012-01-24.v02.htmlUSD is mixed as the Fed prepares a meeting on Wednesday that may lay-out when the Fed expects the first interest rate hike. EUR reached its highest level against the USD in nearly three weeks on hopes of debt restructuring. Commodity Currencies continued to strengthen this morning benefitting from rebounding risk appetite. USD – Last week, the US data flow was once again tilted to the positive side. Initial jobless claims fell to the lowest level since spring 2008, and housing data releasesTue, 24 Jan 2012 07:08:28 GMThttp://www.fxstreet.com/technical/market-view/Kate.McNally@unionbank.com (Union Bank, N.A.)http://www.fxstreet.com/technical/market-view/weekly-update/2012-01-24.v02.htmlhttp://www.fxstreet.com/technical/market-view/weekly-update/2012-01-18.htmlUSD begins the week lower against all of its major counterparts as strong economic data and debt auction results in the Eurozone encourage investors. EUR rebounded after sinking to 17-month lows vs. the USD yesterday, receiving a respite from relentless selling pressure on positive debt auction results in Greece and Spain High-yielding and Commodity Currencies pushed higher after Chinese GDP figures supported the notion that global growth may not be slowing as much as previously feared. USD –Wed, 18 Jan 2012 07:04:48 GMThttp://www.fxstreet.com/technical/market-view/Kate.McNally@unionbank.com (Union Bank, N.A.)http://www.fxstreet.com/technical/market-view/weekly-update/2012-01-18.htmlhttp://www.fxstreet.com/fundamental/market-view/weekly-update/2012-01-18.htmlUSD begins the week lower against all of its major counterparts as strong economic data and debt auction results in the Eurozone encourage investors. EUR rebounded after sinking to 17-month lows vs. the USD yesterday, receiving a respite from relentless selling pressure on positive debt auction results in Greece and Spain High-yielding and Commodity Currencies pushed higher after Chinese GDP figures supported the notion that global growth may not be slowing as much as previously feared. USD –Wed, 18 Jan 2012 07:04:48 GMThttp://www.fxstreet.com/fundamental/market-view/Kate.McNally@unionbank.com (Union Bank, N.A.)http://www.fxstreet.com/fundamental/market-view/weekly-update/2012-01-18.htmlhttp://www.fxstreet.com/fundamental/market-view/weekly-update/2012-01-10.htmlUSD consolidates in its new higher ranges against most of its counterparts after last week’s encouraging NFP and unemployment reports. EUR is pared early losses as Merkel and Sarkozy met ahead of a key Eurozone finance summit scheduled for later this month to pave the way for further fiscal consolidation. High-yielding and Commodity Currencies remain under pressure as global equities gyrate between gains and losses. USD – The USD is consolidating in its new ranges and is near its strongestTue, 10 Jan 2012 06:15:07 GMThttp://www.fxstreet.com/fundamental/market-view/Kate.McNally@unionbank.com (Union Bank, N.A.)http://www.fxstreet.com/fundamental/market-view/weekly-update/2012-01-10.htmlhttp://www.fxstreet.com/technical/market-view/weekly-update/2012-01-10.htmlUSD consolidates in its new higher ranges against most of its counterparts after last week’s encouraging NFP and unemployment reports. EUR is pared early losses as Merkel and Sarkozy met ahead of a key Eurozone finance summit scheduled for later this month to pave the way for further fiscal consolidation. High-yielding and Commodity Currencies remain under pressure as global equities gyrate between gains and losses. USD – The USD is consolidating in its new ranges and is near its strongestTue, 10 Jan 2012 06:15:07 GMThttp://www.fxstreet.com/technical/market-view/Kate.McNally@unionbank.com (Union Bank, N.A.)http://www.fxstreet.com/technical/market-view/weekly-update/2012-01-10.htmlhttp://www.fxstreet.com/fundamental/market-view/weekly-update/2012-01-04.htmlUSD – The USD begins the first week of 2012 on the defensive, dropping against all of its major counterparts, most notably the high-yielding commodity-linked currencies. However, in a broader view, the dollar remains well supported against its peers despite the Fed’s increasingly dovish position. Since reaching an all-time low in early 2008, the dollar index has appreciated by nearly 13%, and is today little changed from its value two decades ago at the end of 1991. This long term stabilityWed, 04 Jan 2012 07:29:24 GMThttp://www.fxstreet.com/fundamental/market-view/Kate.McNally@unionbank.com (Union Bank, N.A.)http://www.fxstreet.com/fundamental/market-view/weekly-update/2012-01-04.htmlhttp://www.fxstreet.com/technical/market-view/weekly-update/2012-01-04.htmlUSD – The USD begins the first week of 2012 on the defensive, dropping against all of its major counterparts, most notably the high-yielding commodity-linked currencies. However, in a broader view, the dollar remains well supported against its peers despite the Fed’s increasingly dovish position. Since reaching an all-time low in early 2008, the dollar index has appreciated by nearly 13%, and is today little changed from its value two decades ago at the end of 1991. This long term stabilityWed, 04 Jan 2012 07:29:24 GMThttp://www.fxstreet.com/technical/market-view/Kate.McNally@unionbank.com (Union Bank, N.A.)http://www.fxstreet.com/technical/market-view/weekly-update/2012-01-04.htmlhttp://www.fxstreet.com/technical/market-view/weekly-update/2011-12-28.htmlUSD – The USD begins the week little changed from last week’s close as market liquidity remains thin ahead of the upcoming New Year holiday. The dollar has come off its recent highs as risk appetite rebounds, albeit mildly, with stocks and commodities looking to close out 2011 in the black. The week ahead is light on data with a strong tone set this morning with consumer confidence data far exceeding expectations at 64.5 versus 55.2 last month. However, manufacturing data remains weak withWed, 28 Dec 2011 06:43:10 GMThttp://www.fxstreet.com/technical/market-view/Kate.McNally@unionbank.com (Union Bank, N.A.)http://www.fxstreet.com/technical/market-view/weekly-update/2011-12-28.htmlhttp://www.fxstreet.com/fundamental/market-view/weekly-update/2011-12-28.htmlUSD – The USD begins the week little changed from last week’s close as market liquidity remains thin ahead of the upcoming New Year holiday. The dollar has come off its recent highs as risk appetite rebounds, albeit mildly, with stocks and commodities looking to close out 2011 in the black. The week ahead is light on data with a strong tone set this morning with consumer confidence data far exceeding expectations at 64.5 versus 55.2 last month. However, manufacturing data remains weak withWed, 28 Dec 2011 06:43:10 GMThttp://www.fxstreet.com/fundamental/market-view/Kate.McNally@unionbank.com (Union Bank, N.A.)http://www.fxstreet.com/fundamental/market-view/weekly-update/2011-12-28.htmlhttp://www.fxstreet.com/technical/market-view/weekly-update/2011-12-20.htmlUSD – This will be a fairly quiet data week for the US. The event will likely be negotiations on extending the payroll tax cuts and extended unemployment period. Agreement is so far not in sight but a deal will likely be struck at the last minute. Durable goods orders will give input to investment spending in Q4. They have softened a bit recently, although still showing decent spending. Initial jobless claims will also be interesting to watch following two weeks of sharp declines. If theTue, 20 Dec 2011 06:23:56 GMThttp://www.fxstreet.com/technical/market-view/Kate.McNally@unionbank.com (Union Bank, N.A.)http://www.fxstreet.com/technical/market-view/weekly-update/2011-12-20.htmlhttp://www.fxstreet.com/fundamental/market-view/weekly-update/2011-12-20.htmlUSD – This will be a fairly quiet data week for the US. The event will likely be negotiations on extending the payroll tax cuts and extended unemployment period. Agreement is so far not in sight but a deal will likely be struck at the last minute. Durable goods orders will give input to investment spending in Q4. They have softened a bit recently, although still showing decent spending. Initial jobless claims will also be interesting to watch following two weeks of sharp declines. If theTue, 20 Dec 2011 06:23:56 GMThttp://www.fxstreet.com/fundamental/market-view/Kate.McNally@unionbank.com (Union Bank, N.A.)http://www.fxstreet.com/fundamental/market-view/weekly-update/2011-12-20.htmlhttp://www.fxstreet.com/fundamental/market-view/weekly-update/2011-12-13.htmlUSD – Following a bit of a slow week in US markets, quite a few interesting events are on the agenda this week. Tomorrow, the last FOMC meeting of the year will be held. No major surprises, policy-wise, are expected, but there could be changes in the communications strategy. In particular, Fed vice chairman Yellen, who is also heading the task force on FOMC communication, and Chicago Fed president Evans, will be speaking in favor of changing the strategy, might clarify how Fed policies will beTue, 13 Dec 2011 07:12:52 GMThttp://www.fxstreet.com/fundamental/market-view/Kate.McNally@unionbank.com (Union Bank, N.A.)http://www.fxstreet.com/fundamental/market-view/weekly-update/2011-12-13.htmlhttp://www.fxstreet.com/technical/market-view/weekly-update/2011-12-13.htmlUSD – Following a bit of a slow week in US markets, quite a few interesting events are on the agenda this week. Tomorrow, the last FOMC meeting of the year will be held. No major surprises, policy-wise, are expected, but there could be changes in the communications strategy. In particular, Fed vice chairman Yellen, who is also heading the task force on FOMC communication, and Chicago Fed president Evans, will be speaking in favor of changing the strategy, might clarify how Fed policies will beTue, 13 Dec 2011 07:12:52 GMThttp://www.fxstreet.com/technical/market-view/Kate.McNally@unionbank.com (Union Bank, N.A.)http://www.fxstreet.com/technical/market-view/weekly-update/2011-12-13.htmlhttp://www.fxstreet.com/technical/market-view/weekly-update/2011-11-29.htmlUSD – The US returns from the Thanksgiving holiday with early reports suggesting that Black Friday, the busiest shopping day of the year, proved robust. According to ShopperTraK, sales rose an estimated 6.6% to total of $52.4 billion on Black Friday, providing another sign that the US economy is holding up relatively well. There is a heavy data scheduled this week. Nevertheless, this week’s trading is likely to be centered on the Eurozone's sovereign debt problems, with the euro remainingTue, 29 Nov 2011 06:06:26 GMThttp://www.fxstreet.com/technical/market-view/Kate.McNally@unionbank.com (Union Bank, N.A.)http://www.fxstreet.com/technical/market-view/weekly-update/2011-11-29.htmlhttp://www.fxstreet.com/fundamental/market-view/weekly-update/2011-11-29.htmlUSD – The US returns from the Thanksgiving holiday with early reports suggesting that Black Friday, the busiest shopping day of the year, proved robust. According to ShopperTraK, sales rose an estimated 6.6% to total of $52.4 billion on Black Friday, providing another sign that the US economy is holding up relatively well. There is a heavy data scheduled this week. Nevertheless, this week’s trading is likely to be centered on the Eurozone's sovereign debt problems, with the euro remainingTue, 29 Nov 2011 06:06:26 GMThttp://www.fxstreet.com/fundamental/market-view/Kate.McNally@unionbank.com (Union Bank, N.A.)http://www.fxstreet.com/fundamental/market-view/weekly-update/2011-11-29.htmlhttp://www.fxstreet.com/fundamental/market-view/weekly-update/2011-11-23.htmlUSD – Fragile investor confidence in global sovereign debt was dealt another blow overnight by reports that the US Super Committee has failed to reach an agreement on plans for budget cuts totaling at least USD1.2 trillion. The failure to reach an agreement between the Republicans and Democrats should result in the imposition of automatic cuts to domestic and defense spending totaling USD1.2 trillion, which are set to take effect from 2013. The Congressional Budget Office estimates that aroundWed, 23 Nov 2011 08:07:04 GMThttp://www.fxstreet.com/fundamental/market-view/Kate.McNally@unionbank.com (Union Bank, N.A.)http://www.fxstreet.com/fundamental/market-view/weekly-update/2011-11-23.htmlhttp://www.fxstreet.com/technical/market-view/weekly-update/2011-11-23.htmlUSD – Fragile investor confidence in global sovereign debt was dealt another blow overnight by reports that the US Super Committee has failed to reach an agreement on plans for budget cuts totaling at least USD1.2 trillion. The failure to reach an agreement between the Republicans and Democrats should result in the imposition of automatic cuts to domestic and defense spending totaling USD1.2 trillion, which are set to take effect from 2013. The Congressional Budget Office estimates that aroundWed, 23 Nov 2011 08:07:04 GMThttp://www.fxstreet.com/technical/market-view/Kate.McNally@unionbank.com (Union Bank, N.A.)http://www.fxstreet.com/technical/market-view/weekly-update/2011-11-23.htmlhttp://www.fxstreet.com/technical/market-view/weekly-update/2011-11-15.htmlUSD – The USD begins the week higher against most of its major counterparts on waning risk appetite. Global financial markets ended last week generally higher after a tumultuous week that saw new leaders installed in both Greece and Italy. While the moves were initially cheered, disappointing results from an auction of Italian 5-year bonds this morning have markets again fearing the worst. Meanwhile, investors remain on edge in the US as the so-called congressional “super committee” set up inTue, 15 Nov 2011 07:43:56 GMThttp://www.fxstreet.com/technical/market-view/Kate.McNally@unionbank.com (Union Bank, N.A.)http://www.fxstreet.com/technical/market-view/weekly-update/2011-11-15.htmlhttp://www.fxstreet.com/fundamental/market-view/weekly-update/2011-11-15.htmlUSD – The USD begins the week higher against most of its major counterparts on waning risk appetite. Global financial markets ended last week generally higher after a tumultuous week that saw new leaders installed in both Greece and Italy. While the moves were initially cheered, disappointing results from an auction of Italian 5-year bonds this morning have markets again fearing the worst. Meanwhile, investors remain on edge in the US as the so-called congressional “super committee” set up inTue, 15 Nov 2011 07:43:56 GMThttp://www.fxstreet.com/fundamental/market-view/Kate.McNally@unionbank.com (Union Bank, N.A.)http://www.fxstreet.com/fundamental/market-view/weekly-update/2011-11-15.htmlhttp://www.fxstreet.com/fundamental/market-view/weekly-update/2011-11-08.htmlUSD - In the FX market all eyes continue to be on the crisis in the Eurozone. The creation of a broad majority government in Greece might take some imminent pressure off the euro, but the political situation in Italy is still a major concern. This week should be relatively quiet in terms of US data releases, following last week’s overload of events. On Thursday, trade balance figures will reveal whether exports are starting to pick up the pace. However, a major shift in the balance is not toTue, 08 Nov 2011 12:03:54 GMThttp://www.fxstreet.com/fundamental/market-view/Kate.McNally@unionbank.com (Union Bank, N.A.)http://www.fxstreet.com/fundamental/market-view/weekly-update/2011-11-08.htmlhttp://www.fxstreet.com/technical/market-view/weekly-update/2011-11-08.htmlUSD - In the FX market all eyes continue to be on the crisis in the Eurozone. The creation of a broad majority government in Greece might take some imminent pressure off the euro, but the political situation in Italy is still a major concern. This week should be relatively quiet in terms of US data releases, following last week’s overload of events. On Thursday, trade balance figures will reveal whether exports are starting to pick up the pace. However, a major shift in the balance is not toTue, 08 Nov 2011 12:03:54 GMThttp://www.fxstreet.com/technical/market-view/Kate.McNally@unionbank.com (Union Bank, N.A.)http://www.fxstreet.com/technical/market-view/weekly-update/2011-11-08.htmlhttp://www.fxstreet.com/fundamental/market-view/weekly-update/2011-11-01.htmlUSD – The USD is stronger this morning against all major currencies as a result of the third currency intervention of the year in Japan. This week’s economic calendar will be dominated by three major events: the ISM tomorrow, the FOMC meeting ending on Wednesday, and non-farm payroll data on Friday. Following a few positive surprises since the last FOMC meeting (notably improving ISM figures, payrolls back above 100,000, and uplifting Q3 GDP figures with gains of 2.5% q/q annualized), QE3 mayTue, 01 Nov 2011 07:39:26 GMThttp://www.fxstreet.com/fundamental/market-view/Kate.McNally@unionbank.com (Union Bank, N.A.)http://www.fxstreet.com/fundamental/market-view/weekly-update/2011-11-01.htmlhttp://www.fxstreet.com/technical/market-view/weekly-update/2011-11-01.htmlUSD – The USD is stronger this morning against all major currencies as a result of the third currency intervention of the year in Japan. This week’s economic calendar will be dominated by three major events: the ISM tomorrow, the FOMC meeting ending on Wednesday, and non-farm payroll data on Friday. Following a few positive surprises since the last FOMC meeting (notably improving ISM figures, payrolls back above 100,000, and uplifting Q3 GDP figures with gains of 2.5% q/q annualized), QE3 mayTue, 01 Nov 2011 07:39:26 GMThttp://www.fxstreet.com/technical/market-view/Kate.McNally@unionbank.com (Union Bank, N.A.)http://www.fxstreet.com/technical/market-view/weekly-update/2011-11-01.htmlhttp://www.fxstreet.com/technical/market-view/weekly-update/2011-10-25.htmlUSD – The near term reversal in the Greenback gained momentum on recent dovish comments from Fed officials, hinting at further stimulus. The market remains rightly wary of the threat of QE3, as the previous programs resulted in temporary USD weakness. However with the global growth outlook likely to weaken further, a further injection of USD liquidity is unlikely to encourage a pickup in capital outflows, proving less dollar-negative than previous bouts of QE. Comments from FOMC member TarulloTue, 25 Oct 2011 06:00:36 GMThttp://www.fxstreet.com/technical/market-view/Kate.McNally@unionbank.com (Union Bank, N.A.)http://www.fxstreet.com/technical/market-view/weekly-update/2011-10-25.htmlhttp://www.fxstreet.com/fundamental/market-view/weekly-update/2011-10-25.htmlUSD – The near term reversal in the Greenback gained momentum on recent dovish comments from Fed officials, hinting at further stimulus. The market remains rightly wary of the threat of QE3, as the previous programs resulted in temporary USD weakness. However with the global growth outlook likely to weaken further, a further injection of USD liquidity is unlikely to encourage a pickup in capital outflows, proving less dollar-negative than previous bouts of QE. Comments from FOMC member TarulloTue, 25 Oct 2011 06:00:36 GMThttp://www.fxstreet.com/fundamental/market-view/Kate.McNally@unionbank.com (Union Bank, N.A.)http://www.fxstreet.com/fundamental/market-view/weekly-update/2011-10-25.htmlhttp://www.fxstreet.com/technical/market-view/weekly-update/2011-10-18.htmlUSD – The dollar rose from a one-month low against the currencies of major U.S. trade partners after German Chancellor Angela Merkel spurred refuge demand when she said “dreams” of an imminent resolution to the crisis aren’t likely to be fulfilled at an Oct. 23 summit. At this weekend’s meeting, G20 finance ministers called upon the European authorities to deal with their escalating sovereign debt problems in a more timely and effective manner to reduce “significant” downside risks to globalTue, 18 Oct 2011 06:59:21 GMThttp://www.fxstreet.com/technical/market-view/Kate.McNally@unionbank.com (Union Bank, N.A.)http://www.fxstreet.com/technical/market-view/weekly-update/2011-10-18.htmlhttp://www.fxstreet.com/fundamental/market-view/weekly-update/2011-10-18.htmlUSD – The dollar rose from a one-month low against the currencies of major U.S. trade partners after German Chancellor Angela Merkel spurred refuge demand when she said “dreams” of an imminent resolution to the crisis aren’t likely to be fulfilled at an Oct. 23 summit. At this weekend’s meeting, G20 finance ministers called upon the European authorities to deal with their escalating sovereign debt problems in a more timely and effective manner to reduce “significant” downside risks to globalTue, 18 Oct 2011 06:59:21 GMThttp://www.fxstreet.com/fundamental/market-view/Kate.McNally@unionbank.com (Union Bank, N.A.)http://www.fxstreet.com/fundamental/market-view/weekly-update/2011-10-18.htmlhttp://www.fxstreet.com/fundamental/market-view/weekly-update/2011-10-12.htmlUSD – The dollar’s plunge yesterday against the euro and other major currencies was certainly substantial, but the scale of the move is surely more a reflection of positioning in the market rather than an indication of any notable change in the outlook. Asian equity markets are higher today, but recent gains suggest a degree of caution over the scale of the rebound in the dollar’s return. After yesterday’s holiday, there is a little on the agenda for the US. The only notable data is the NFIBWed, 12 Oct 2011 08:09:05 GMThttp://www.fxstreet.com/fundamental/market-view/Kate.McNally@unionbank.com (Union Bank, N.A.)http://www.fxstreet.com/fundamental/market-view/weekly-update/2011-10-12.htmlhttp://www.fxstreet.com/technical/market-view/weekly-update/2011-10-12.htmlUSD – The dollar’s plunge yesterday against the euro and other major currencies was certainly substantial, but the scale of the move is surely more a reflection of positioning in the market rather than an indication of any notable change in the outlook. Asian equity markets are higher today, but recent gains suggest a degree of caution over the scale of the rebound in the dollar’s return. After yesterday’s holiday, there is a little on the agenda for the US. The only notable data is the NFIBWed, 12 Oct 2011 08:09:05 GMThttp://www.fxstreet.com/technical/market-view/Kate.McNally@unionbank.com (Union Bank, N.A.)http://www.fxstreet.com/technical/market-view/weekly-update/2011-10-12.htmlhttp://www.fxstreet.com/technical/market-view/weekly-update/2011-10-05.htmlUSD – The USD is off to a strong start this Monday morning as the market’s appetite for risk has all but evaporated with stocks and commodities both extending their losses from last week. Despite S&P’s move to downgrade the US credit rating earlier this year, and increase calls for the end of the dollar as a global reserve currency in a time of crisis, investors clearly still want to be holding the dollar with its deep liquidity and relative stability. Moreover, US data has begun toWed, 05 Oct 2011 07:38:06 GMThttp://www.fxstreet.com/technical/market-view/Kate.McNally@unionbank.com (Union Bank, N.A.)http://www.fxstreet.com/technical/market-view/weekly-update/2011-10-05.htmlhttp://www.fxstreet.com/fundamental/market-view/weekly-update/2011-10-05.htmlUSD – The USD is off to a strong start this Monday morning as the market’s appetite for risk has all but evaporated with stocks and commodities both extending their losses from last week. Despite S&P’s move to downgrade the US credit rating earlier this year, and increase calls for the end of the dollar as a global reserve currency in a time of crisis, investors clearly still want to be holding the dollar with its deep liquidity and relative stability. Moreover, US data has begun toWed, 05 Oct 2011 07:38:06 GMThttp://www.fxstreet.com/fundamental/market-view/Kate.McNally@unionbank.com (Union Bank, N.A.)http://www.fxstreet.com/fundamental/market-view/weekly-update/2011-10-05.htmlhttp://www.fxstreet.com/fundamental/market-view/weekly-update/2011-09-27.htmlUSD – Talk of double dip recessions, as well as the ongoing obsession with sovereign debt problems in Europe, and fears of contagion for the global financial sector, look set to dominate the headlines again this week. There were no official developments from the weekend’s IMF meeting, however, there seems to be increasing consensus of what Europe needs: a larger aid package, the recapitalization of the weakest banks, and a plan for an “orderly” Greek default. The USD is fundamentallyTue, 27 Sep 2011 09:55:52 GMThttp://www.fxstreet.com/fundamental/market-view/Kate.McNally@unionbank.com (Union Bank, N.A.)http://www.fxstreet.com/fundamental/market-view/weekly-update/2011-09-27.htmlhttp://www.fxstreet.com/technical/market-view/weekly-update/2011-09-27.htmlUSD – Talk of double dip recessions, as well as the ongoing obsession with sovereign debt problems in Europe, and fears of contagion for the global financial sector, look set to dominate the headlines again this week. There were no official developments from the weekend’s IMF meeting, however, there seems to be increasing consensus of what Europe needs: a larger aid package, the recapitalization of the weakest banks, and a plan for an “orderly” Greek default. The USD is fundamentallyTue, 27 Sep 2011 09:55:52 GMThttp://www.fxstreet.com/technical/market-view/Kate.McNally@unionbank.com (Union Bank, N.A.)http://www.fxstreet.com/technical/market-view/weekly-update/2011-09-27.htmlhttp://www.fxstreet.com/technical/market-view/weekly-update/2011-09-21.htmlUSD – Although the dollar is stronger across the board in response to the disappointing ECOFIN meeting in Poland, the degree of appreciation may well be tempered by the key event of the week – the FOMC meeting – with the announcement due on Wednesday. Given the tone of recent data and the spike in market volatility, markets will be keenly awaiting the central bank’s policy response and its comments on the economy. In light of last week’s disappointing jobs report and the continuedWed, 21 Sep 2011 06:59:52 GMThttp://www.fxstreet.com/technical/market-view/Kate.McNally@unionbank.com (Union Bank, N.A.)http://www.fxstreet.com/technical/market-view/weekly-update/2011-09-21.htmlhttp://www.fxstreet.com/fundamental/market-view/weekly-update/2011-09-21.htmlUSD – Although the dollar is stronger across the board in response to the disappointing ECOFIN meeting in Poland, the degree of appreciation may well be tempered by the key event of the week – the FOMC meeting – with the announcement due on Wednesday. Given the tone of recent data and the spike in market volatility, markets will be keenly awaiting the central bank’s policy response and its comments on the economy. In light of last week’s disappointing jobs report and the continuedWed, 21 Sep 2011 06:59:52 GMThttp://www.fxstreet.com/fundamental/market-view/Kate.McNally@unionbank.com (Union Bank, N.A.)http://www.fxstreet.com/fundamental/market-view/weekly-update/2011-09-21.htmlhttp://www.fxstreet.com/fundamental/market-view/weekly-update/2011-09-13.htmlUSD – The US dollar finished last week on a firm note primarily due to the European troubles that are permeating across the financial market. Global financial markets started the week in a risk-averse mode, with equity indices in the red and the safe-haven JPY and USD generally gaining. This past weekend’s G7 meeting yielded no new policy measures and market participants are voicing their concerns in the sovereign debt markets with record yields for Greece and a poorly performing bill auctionTue, 13 Sep 2011 06:40:05 GMThttp://www.fxstreet.com/fundamental/market-view/Kate.McNally@unionbank.com (Union Bank, N.A.)http://www.fxstreet.com/fundamental/market-view/weekly-update/2011-09-13.htmlhttp://www.fxstreet.com/technical/market-view/weekly-update/2011-09-13.htmlUSD – The US dollar finished last week on a firm note primarily due to the European troubles that are permeating across the financial market. Global financial markets started the week in a risk-averse mode, with equity indices in the red and the safe-haven JPY and USD generally gaining. This past weekend’s G7 meeting yielded no new policy measures and market participants are voicing their concerns in the sovereign debt markets with record yields for Greece and a poorly performing bill auctionTue, 13 Sep 2011 06:40:05 GMThttp://www.fxstreet.com/technical/market-view/Kate.McNally@unionbank.com (Union Bank, N.A.)http://www.fxstreet.com/technical/market-view/weekly-update/2011-09-13.html