Perhaps we should just ease pressure on Haruhiko Kuroda and his team and let us wait for more indicators?
More evidence the Bank of England can raise interest rates sooner than expected occurred on Monday, as manufacturing sector maintained strong momentum, mortgage lending has been cooling down the most in three recent months, and output in production industries entered second quarter on a solid footing.
The world's largest economy continues to disappoint.
German inflation accounts for the major part of the overall European inflation, hence, it has a significant impact on markets and can affect EU CPI figures that are released a day later.
The Australian Dollar was the best-performing currency among other nine major currencies last week, with AUD index rising more than 1%.
It should be a welcoming week for Haruhiko Kuroda, who is desperate in achieving the 2% inflation target.
As it was promised by the central bank, the U.K. economy accelerated further in May, recovering from a temporary slump caused by the weather.
Despite a 1% contraction in the first quarter, policymakers are still resilient and are expecting a rebound in the second quarter.
Fundamentals from Europe's largest economy were expected to take centre stage on Friday, as the Federal Statistics Office released its report on retail sales for April.
The time has come. This week we can, finally, see the Euro performing a solid rally to the downside.
We have observed an inflow of upbeat data from the Oz economy, including stronger employment, trade balance as well as first quarter's GDP in the recent weeks.
The Bank of Japan claimed the world's third largest economy is strong enough to withstand the tax hike.
Even policymakers are impatient about the upcoming shift in the BoE's monetary policy.
The world's largest economy posted its first contraction in three years in the first quarter of 2014.
The most traded currency pair closed below the important support level at 1.36, while market indicators also turned bearish.
We have forgotten about the Swiss Franc for quite a long time, as it was mostly driven by fundamental news from Europe, while reports from the Alpine country produced little effect.
Something new and fresh from Kuroda.
Being a banker is a vocation– it can be a message sent by the BoE Carney and IMF's Chief Lagarde.
Ahead of the GDP report that is likely to show a contraction in economic output in the first quarter, Fed's officials are trying to calm down markets.
Germany was known for its resilience, especially extremely positive labour market conditions.
Following the disappointing budget release earlier this month, Australian watchdog released a warning note for all mortgage lenders and for the economy in general.
As we have predicted, the recent weakness in the Yen was short-lived, and all JPY crosses can move lower soon again.
"Underlying buyer interest still seems to be robust according to most survey evidence and it is likely to continue to be supported by substantially improved consumer confidence,"- Howard Archer, IHS Global Insight Finally, some relief in the housing market. For months analysts and policymakers were trying to assess the nation's property market, saying all government incentives and a shortage of
This week was expected to bring a lot of pain for the greenback, as fundamental data is likely to indicate the weakness of the world's largest economy.