On December 17, the Bank of Japan published its Monetary Policy Statement. The bank kept its interest rate at -0.10% and extended the non-government covid relief loan program.
On Thursday, the Governor of the Bank of England announced that the central bank had to raise interest rates due to inflation pressure.
During the week that ended on December 11, the weekly US unemployment claims increased by 18,000.
Google announced on Wednesday that the company had submitted proposals to French regulators that would deal with disputes with publishers and news agencies.
At 12:45 GMT, the Euro jumped against peer currencies, as the European Central Bank published its Monetary Policy Statement. The EUR/USD gained 28 base points or 0.25%.
This week, the Prime Minister of Japan Fumio Kishida stated that for years the Japanese government had overstated values of construction orders.
At 12:00 GMT on Thursday, on the publication of the Bank of England Monetary Policy Summary, the value of the GBP immediately jumped on all GBP pairs. The GBP/USD surged by 75 base points or 0.56%.
On Wednesday, Zoom Video Communications joined Microsoft, Meta Platforms and other US tech companies in the Global Internet Forum to Counter Terrorism.
On December 16, the Swiss National Bank published its Monetary Policy Assessment. In general, the bank kept its policy unchanged. The deposit rate would remain -0.75% and the bank would intervene into forex markets to push the value of the Swiss Franc down.
The new German Chancellor Olaf Scholz announced this week that the German economy would be made ready for the future via digitalization and climate protection.
This week, the government of the Netherlands announced that it would invest additional 35 billion Euros into carbon neutral energy, possibly including nuclear power plants.
At 19:00 GMT, the US Federal Reserve published its Statement and Federal Funds Rate. The event caused an immediate surge of the US Dollar. The EUR/USD plummeted 34 base points or 0.30% immediately on the announcement.
The International Monetary Fund issued a warning to the Bank of England that inaction on inflation could cause a 30-year-high price surge.
On Wednesday, at 13:32 GMT, the Canadian Consumer Price Index was published. The inflation measure hit the forecast of 0.2%. Due to that reason, the market reaction was muted, as the USD/CAD surged only 17 base points or 0.13%.
At 13:30 GMT on Wednesday, the publication of the US Retail Sales caused a drop of the USD value. The EUR/USD surged 13 base points or 0.12% in the first five minutes after the data release.
Gas Infrastructure Europe has revealed that gas inventories in Europe could reach record low levels by the end of this winter due to low volumes from Russia and an early winter.
This week, the International Monetary Fund urged the Bank of England to give non-bank financial institution access to liquidity.
On Wednesday, at 07:00 GMT, the UK Inflation data was published. The event caused a spike in the value of the GBP. However, the currency almost immediately returned to previous levels.
Reuters revealed on Tuesday that HSBC had advised its clients to have a plan to cut exposure to coal by the end of 2023.
Elon Musk posted on Twitter on Tuesday that Tesla would issue Dogecoin merchandise and sell it for Dogecoin.
On Tuesday, a potential continuation of the surge of the stock price of Apple could put the company's total market capitalization at $3 trillion.
US securities filings have revealed that the CEO of Tesla Elon Musk had sold on Monday additional 934,091 Tesla shares. The total value of the CEO's stock sale had reached $13 billion.
During this week's trading, crude oil prices declined. The decline was attributed to the spread of the Omicron variant, which could cause a decrease in demand.
On Tuesday, the US Dollar index fluctuated near a one week high level, as the Federal Reserve rate announcement was set to be published on Wednesday.