A bunch of positive data for Europe's largest economy, Germany, came out on Monday, as Angela Merkel and Social Democratic Party moved closer in creation of a "grand coalition", while producer prices inched higher more than expected.
On Friday Statistics Canada published inflation data, saying consumer prices are approaching the bottom of the Bank of Canada target band, due to lower costs for mortgage interest and prescription drugs.
As it was widely expected Standard & Poor's Ratings Services affirmed Japan's sovereign credit rating, citing strong and purposeful political leaders as well as improved external position.
More good news on the Britain's economy emerged last week, as the number of people seeking for jobless benefits fell to the lowest since 1997, while retail sales rebound sharply.
Former U.S. Fed Head Alan Greenspan believes that a recurrence of the crisis that brought the world's biggest economy close to the edge of default is possible.
Strong financial system and closer banking union is vital for European policy markets to prevent a rerun of the longest-ever debt and financial crisis.
Thursday, October 17 was the most important day, which dominated market behaviour last week.
"While a weaker dollar has helped raise returns in export markets and blunted some import competition, it has also raised input costs for some domestic industries that are in no position to pass them on"-National Australia BankIt is a good day to trade AUD/USD as the pair penetrated a strong resistance of 0.9528 and moved up to the highest level
A lack of fundamental data from Japan? BoJ Governor is always willing to provide some upbeat comments, saying the economy is on the path of sustain recovery.
The cable hit 1.626 on October 1, the level which is the highest since January 2013; however, later the pair eased back to 1.60.
The most popular currency pair EUR/USD hit the highest since February, reaching 1.3678 amid concerns the budget deal is only a temporarily solution to the problems of the United States.
Many analysts expressed their concerns that the ongoing recovery in the 17-nation bloc is fragile and is not sustainable yet.
A sharp drop in manufacturing sales in August is likely to dampen economic growth over the same period, as the outlook for manufacturing sector still remains murky in light of political tensions in Canada's top market, the United States.
On the back of strong domestic demand and economic revival in the neighbouring Eurozone, Switzerland has been developing at a stable pace during the last several months.
Britain is on the path of sustain recovery. This can be suggested after a bunch of economic data released in recent months.
As it was widely expected the U.S. politicians did make a last-minute decision, saving the world's biggest economy from the default, as well as other economies from severe spillover effects.
European authorities are monitoring like hawks inflation reports, adding pressure on the ECB to take measures to reach the 2% target level.
The Australian currency soared to the highest level since June versus its American counterpart, hitting 0.9537 after RBA minutes showed the easing cycle is not over yet, suggesting another rate cut is possible even though a move is not likely to be imminent.
New Zealand's inflation rose more-than-expected in the third quarter, ending a one-year long streak of subdued price pressure and supporting the Reserve Bank of New Zealand's case to start hiking interest rates in 2014.
The majority of analysts predicted British consumer prices would ease their pressure last month; however, report from the Office for National Statistics disappointed market participants, as key measure of inflation remained highly above the target level.
Amid growing pressure from a likely economy-devastating default and continuous talks between Senate leaders, everyone forgot about Bernanke's speech, which in fact did not provide any bold statements. Fed's Chairman only claimed that central bank independence is crucial to the credibility needed to curb the inflation.
In the time the world's largest economy is trying to avoid a default, Europe's, and German business sentiment is starting to flourish amid tentative signs of economic amelioration in the Eurozone.
The Australian Dollar weakened versus most of its Group of 10 counterparts ahead of the upcoming RBA minutes and after figures showed home-loan approvals plunged for the first time this year, with the share of first time buyers applying for a new loan hitting the lowest in almost 10 years.
On Monday the Swiss Franc was traded around 1.235 versus the single currency, a level which is 350 pips higher than the cap imposed by the Swiss National Bank in September 2011.