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Gold and silver changed direction throughout the week with no clear direction. The sharp appreciation of the US dollar against major currencies including the Euro throughout most of the week may have pushed gold and silver prices to trade down, while the decline of the US stock markets may have affected gold and silver to remain high. The ECB rate decision and the revised down Euro Area economic outlook of the ECB didn't help much in easing the concerns of traders and only further weakened the Euro. By the end of the week gold and silver didn't change much form their initial price level at the beginning of the week.

For the complete Gold and silver weekly report see in Trading NRG

The Aussie finished a very busy week lower. Will it break lower and follow other currencies? Or remain in range? The upcoming week also provides quite a few events. Here is an outlook for these events, and an updated technical analysis for AUD/USD.

The Aussie enjoyed an excellent GDP report: the economy in Australia grew by 1.2% in Q2, on top of a smaller drop in Q1, which was revised to the upside. On the other hand, employment data was very disappointing in August: a drop in jobs and a rise in the unemployment rate weighed on the Australian dollar.

Read the rest of the article [B][I][URL="http://www.forexcrunch.com/audusd-outlook-september-12-16/"]AUD/USD Outlook – September 12-16[/URL][/I][/B]

The Canadian dollar couldn’t resist the global worries and ended with the weakest close against the dollar since the beginning of the year. Production data and Foreign Securities Purchases are the highlight of this week. Here’s an outlook for the Canadian events, and an updated technical analysis for USD/CAD.

The Canadian job market surprisingly lost 5500 jobs in August contrary to expectations for 24.2K gain. The US slowdown affects Canada who is strongly dependent on US market demand. Will this slowdown continue?

Read the rest of the article [B][I][URL="http://www.forexcrunch.com/usdcad-outlook-%E2%80%93-september-12-16/"]USD/CAD Outlook – September 12-16[/URL][/I][/B]

A dramatic week with a dramatic ending sent the dollar to levels unseen for many months. Will this continue? US retail sales; PPI, inflation rate Unemployment rate and consumer sentiment are the main market-movers this week. Here are the main events awaiting us ahead.

Last week Jean-Claude Trichet has announced at the last ECB press conference that the rate will remain 1.50% with no intention on executing rate cuts, but with much lower growth and inflation forecasts. He criticized governments for “benign neglect” of commitments and urged them to act on deficits. His speech started the avalanche in EUR/USD .

Read the rest of the article [B][I][URL="http://www.forexcrunch.com/forex-weekly-outlook-%E2%80%93september-12-16/"]Forex ...