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Ben Bernanke and his colleagues will be discussing a wide range of monetary stimulus options. Quite a few options are on the agenda, as the Federal Reserve is urged to do something to kick start the economy. QE3 is low on the list.

The statement published on Wednesday, 18:15 GMT will be closely watched and will likely move the markets for quite some time. Here are 7 scenarios for this important event, and the expected impact on the dollar.

While the Fed is urged to take action and it probably will, Bernanke clearly passed the ball to the government’s court in Jackson Hole. But let’s see what the Fed can still do:Read the rest of the article [B][I][URL="http://www.forexcrunch.com/7-scenarios-for-fomc-many-measures-are-needed-for-the-dollar-to-fall/"]7 ...

Euro dollar opened with a big gap lower under the channel and is now extending the fall and reaches another support line. Greece and the EU / IMF drift further apart from agreeing on conditions for the next tranche of aid. Will Greece say no to further austerity and default? The question is in the air.

Here’s a quick update on technicals, fundamentals and what’s going on in the markets.

Read the rest of the article [B][I][URL="http://www.forexcrunch.com/eurusd-sep-19-extends-falls-on-greek-complications/"]EUR/USD Extends Falls On Greek Complications[/URL][/I][/B]

The pound surrendered to global pressures and touched an 8 month low against the greenback. The upcoming week consists of the interesting MPC meeting minutes among other events. Here is an outlook for the upcoming events, and an updated technical analysis for GBP/USD.

Inflation remains high in the UK, but this isn’t a great concern at the moment. The pound was relived by a not-so-bad jobs report, although the situation remains worrying, and the door for more QE is still open.

Read the rest of the article [B][I][URL="http://www.forexcrunch.com/gbpusd-outlook-september-19-23/"]GBP/USD Outlook – September 19-23[/URL][/I][/B]

Dollar/yen fell once again and returned to the “intervention zone” as the dollar weakened. Will the BOJ make a move? Trade balance is the major event this week. Here’s an outlook for the Japanese events and an updated technical analysis for USD/JPY.

Last week BSI Manufacturing Index for the third quarter was released ticking up to 10.3 from -23.3 in the second quarter but Revised Industrial Production was downward adjusted to 0.4% from 0.6%. Will recovery take the upper hand on the next few months?

Read the rest of the article [B][I][URL="http://www.forexcrunch.com/usdjpy-outlook-september-19-23/"]USD/JPY Outlook – September 19-23[/URL][/I][/B]