The world's largest economy probably slowed to 3.3% in the final quarter of 2013, from 4.1% in the third quarter.
The single currency moved above strong psychological level of 1.37 on Monday following a release of the German Ifo business climate, suggesting Europe's number one economy started this year on a high note.
The Canadian Dollar was in the highlight last week, as the USD/CAD soared to 1.1173– the highest level in more than four years, while EUR/CAD reached 1.5276– the highest since December 2009 as the Bank of Canada claimed for a weaker domestic currency.
The Canadian Dollar has been a target of debate last weeks as on the back of Bank of Canada comments USD/CAD soared to 1.1173– the highest level in more than four years.
The appropriate level of the Swiss Franc is one of the main priorities for the Swiss National Bank. In order to avoid Franc's further appreciation, the SNB imposed a cap against the Euro in September 2011.
The U.S. Dollar can become very attractive for traders this week especially on Wednesday and Thursday, taking into account FOMC statement and GDP report.
During the last five trading days the cable soared more than 270 pips, becoming one of the top performers on the back of stronger-than-expected labour report.
After a 150-pip rally on Thursday the most traded currency pair remained stable slightly below 1.37 level and as the profit-taking eased back to 1.367.
It seems that 2014 year will be a difficult one for Australian policymakers, who seek to revive growth in the resource-rich economy that is stuck in the transition phase.
A disappointing Canadian labour market report for December provoked a downside rally in the CAD-based currency pairs in the time for the New Year.
The Pound was poised to become one of this year's top performers taking into account the strength of Britain's economy.
The Euro benefited not only from stronger-than-expected data from Europe on Thursday, but also climbed higher on the back of weak manufacturing report, while U.S. jobless claims report provided no surprises.
The single currency rocketed on Thursday on the back of positive data from the 18-nation bloc that showed manufacturing and services sectors gained momentum in January, while current account surprisingly swelled in November.
The Australian Dollar remains at the "uncomfortably high" level, while domestic economy is struggling to build up steam amid waning investment in the mining sector.
Markets were little changed after the BoJ monetary policy statement that showed the central bank refrained from boosting its unprecedented stimulus programme further, saying the economy is on the way to reach a 2% inflation target as planned.
The unemployment rate plunged to 7.1% in December– the lowest since February 2009, while the number of people claiming jobless benefits sank by 24,000. Even though, this is not as much as analysts expected of a 32,000 drop, the latest data from the U.K. labour market is definitely reflecting the ongoing recovery.
With Janet Yellen on the deck, Bernanke leaving his position on January 31 and a lack of fundamental data from the United States, it is an appropriate time to understand the legacy of the Federal Reserve and Bernanke's role in the history of the U.S.
It is extremely difficult to say what will happened with the EU economy is the foreseeable future, as on part of analysts believe the worst is over and the bloc will start gaining momentum, while another part expressed their concerns additional action from the ECB will be required.
Last year the Reserve Bank of New Zealand promised to pull the trigger in the first half of 2014 and start raising interest rates, becoming the first developed country to do so.
The SNB was not busy during the last year, as the pressure on the Swiss Franc eased amid economic recovery in the neighbouring Eurozone.
While the Pound approached a two-week high versus the shared currency amid the upcoming jobs report, Mark Carney's quest to understand the strength of the nation's economy takes on greater urgency.
Amid a lack of fundamental data from the United States it is worth having a look at latest researches conducted by Gallup research company.
Investors, politicians, analysts and consumers across Europe are anchoring their hopes on Germany– Europe's powerhouse.
The Australian Dollar was seen trading around a three-and-a-half year low last week on the back of disappointing employment data, that showed economy's inability to create working places.