Following the disappointing GDP figures, more pressure on Shinzo Abe came from manufacturing sector and consumers, as output at Japanese factories slowed, while mood among Japanese consumers improved less than expected.
The Pound traded flat against the greenback on Tuesday, retreating from more than a three-month high after data showed bigger-than-expected trade gap, while manufacturing production came in line with analysts' forecasts.
U.S. budget negotiators reached a deal on Tuesday that could end three years of fiscal crisis, which culminated with the partial shutdown of the federal government in October.
While fundamental data from Europe is lifting the single currency just slightly higher, the currency receives a long-term impact from the ECB President, Mario Draghi.
Another sign Swiss fundamental data is almost not influencing market's behaviour occurred on Monday, after figures showed the labour market is still resilient, while retail sales advanced in October, albeit at a slower pace than it was predicted.
The Japanese Yen dropped further versus the greenback, hitting 103.22 on Monday after official data showed the Japanese economy slowed more than initially was expected in the quarter, while the current account turned into deficit.
Last week the cable soared to 1.6441, the highest since August 2011, while the Sterling's trade-weighted index was 9% higher than its recent March low and was hovering around its 2009 high.
The growing uncertainty is looming in financial markets, with stocks turning red and investors tired of predicting Federal Reserve's future moves.
Analysts are making their bets on which instrument Mario Draghi will use next in order to boost growth and inflation.
Canada is loosing its position among the world's leading economies. Such a statement can be made through a variety of fundamental data and analysts' comments.
It seems that fundamental data from the Alpine country is having a little impact on financial markets, as USD/CHF and EUR/CHF were both little changed following the report from the Federal Statistical Office showing inflation was stronger-than-expected in November.
The latest projections from the Office for Budget Responsibility showed Britain's unemployment rate will fall from this year 7.6% to 7.1% over the next 12 months, coming close to the central bank's threshold of 7%.
The U.S. stocks plunged for five straight days last week, as investors were guessing as to when the central bank will begin winding down its stimulus programme.
Despite stronger-than-expected data from the United States, which is suggesting the Fed could soon begin tapering its stimulus programme, the single currency managed to climb to 1.3677 last week, hitting the highest since October.
December is usually followed by low trading volumes. This statement was supported by relatively calm trading sessions during the first week of the year's last month.
The Reserve Bank of Australia should be satisfied somehow with the recent performance of Aussie, which is considered to be at an "uncomfortably high" level, as currency plunged to 0.900 versus the greenback amid nation's trade gap almost doubling in October.
One of Japan's leading economists, Richard Koo, pointed out that the world's third largest economy is on the path to sustainable recovery, as economic policies are spreading throughout the country.
The U.K. policy makers refrained from additional stimulus measures, widely meeting analysts' expectations, as Chancellor of the Exchequer George Osborne upgraded a growth forecast.
There is a higher possibility now the Federal Reserve will put tapering on the table during December policy meeting, as third quarter growth and jobless claims surprised markets to the upside.
The single currency advanced against the U.S. Dollar on Thursday, hitting 1.3650, the highest level since October, even despite the strong fundamental data from the United States.
The Australian Dollar extended its decline against the U.S. counterpart and hit the psychologically important level of 0.90 on Wednesday, as a report showed Oz economy expanded at a slower-than-expected pace last quarter, intensifying debates the RBA will have to do more to spur growth.
Canadian trade balance unexpectedly turned into surplus for the first time in 22 months in October, as the total value of imports fell for a second straight month.
The Sterling retreated from its 27-month high and was traded at 1.6364 on Wednesday after the data from Markit showed Britain's dominant services sector continued its rapid growth last month, albeit at a slightly slower pace.
Even in the face of what happened in Washington in October, the world's largest economy is performing surprisingly well, as private sector job creation surged in November, while sales of new homes soared by the most in three decades.