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During the week the Euro continued to tumble down while major commodities rates such as oil and natural gas resumed their rally. Will this trend continue this upcoming week? ECB President says there is no need to worry about the depreciation of the Euro. For now this sentiment doesn't seem to coincide with many Euro traders. There are several important publications and reports that may affect the financial markets this week including: U.S GDP for Q2 2012, pending and new home sales, Euro monetary supply , Bernanke's speech, Governor Stevens speaks, U.S core durable goods and U.S. jobless claims.
The complete Weekly Outlook Update on Trading NRG

(All times GMT):
Monday, July 23rd
00:00 – FOMC member ...

The Euro sharply appreciated yesterday against the USD following the recent news from Greece and the testimony of Bernanke regarding the perils the U.S economy is facing in the near future. Will the Euro/USD continue to trade up today?

For the complete analysis on Euro/USD see here.
The Euro to US Dollar changed direction and sharply rose yesterday by 0.99% to reach 1.3260; during February, the EUROS/USD rose by 1.35%. The Australian Dollar and GBP also appreciated against the USD, while the Yen slightly depreciated against the USD.
The chart below presents the development of the Euro to US Dollar during January and February.

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Most major currencies continued to rally against the US dollar especially the risky currencies including the AUD, CAD ass they have appreciated during most of last week against the USD; the main reports that may have affected forex traders include the recent U.S. jobless claims report, U.S. retails sales report and U.S.'s Federal Budget report. The forex traders continue to keep close tabs on the developments in Europe regarding the debt crisis and the U.S.'s economic progress. The recent G20 meeting over the weekend may have eased the concerns of the financial community in regards to the European debt crisis.

For the complete weekly EURO/USD analysis report see in Forex NRG

Most major currencies continued to depreciate against the USD throughout the closing week of September; the ongoing uncertainty in the forex market in regards to the European debt crisis and the recent announcement of the Fed's stimulus plan to purchase long term securities may have helped major currencies to trade down against the USD.

Here is a short review of the changes in major exchange rates for the week of September 26th to September 30th 2011:

For the complete weekly EURO/USD analysis report see in Forex NRG