Inflation has been a key topic for speculation during the last several months, as European policymakers constantly warned about weak inflationary pressure and an existing risk of deflation.
Finally one of the developed economies started raising interest rates. As it was widely expected, the Reserve Bank of New Zealand was last week's main highlight, as New Zealand policymakers adjusted their monetary policy, increasing the key refinancing rate to 2.75%, widely meeting analysts' expectations.
The NZD/USD pair refused moving above 0.8605 even despite a rate hike from the RNZ, while the outlook for the pair is still bullish.
During this month's meeting the Bank of Japan was expected to make any hints on their future moves, as the world's third largest economy will have to face a significant reduction in domestic demand amid April's sales tax hike.
After touching a high at 1.6717 on Thursday, the cable turned lower, penetrating an important psychological support level at 1.66, as U.K. trade gap surprised markets to the downside.
Friday's producer prices and consumer sentiment both surprised markets to the downside, suggesting both inflation and consumer spending will still be lagging in the coming weeks or even months.
‘Forward guidance'- more and more central bankers stick to this approach now, after Mark Carney implemented it last year during his first policy meeting as the Governor of the Bank of England.
The Australian economy is performing stronger than it was initially expected, as growth surprised markets to the upside, while RBA's comments pushed higher investors' confidence in the resource-rich economy.
After months of uncertainty and not very convincing comments from the RBNZ, a rate hike was finally made.
Japan is facing a consumption tax hike in April, a measure that potentially can derail economic growth and all efforts made by Shinzo Abe and his team.
Here we go, EUR/USD is refreshing this year's high, climbing to 1.3966 even despite stronger-than-expected fundamental data from the United States.
With already three countries with negative inflation and subdued inflationary pressure in the whole region, the ECB is facing a serious need to consider adding fresh stimulus in order to eliminate all the risks of deflation.
The resource-rich economy is stuck in the transition phase, and future prospects are not clear. Nonetheless, investors are still confident about Australia's future outlook, as the economy managed to sell a$7 billion of its 12-year government bonds, making it the largest bond sale on record.
Benefitting from its safe-haven status, the Japanese Yen has been appreciating against the U.S. Dollar since the beginning of the week, as manufacturing data from Japan came stronger-than-expected, while central bank refused from adding more stimulus.
Britain's labour market is on the mend, with the unemployment rate falling much faster to the threshold announced by the Bank of England.
With no major drags on the economy like the sequester or government shutdown and brighter outlook from the White House, Barack Obama's approval rating bounced back from a career-low level.
The rally is over? With vast majority of traders pending orders suggesting that the single currency will depreciate against the greenback and disappointing data from Europe, the rally on EUR/USD may begin to wane soon, with the pair easing back to 1.36.
RBA's comments about a period of stable interest rate and exchange rate as well as less dovish comments from Glenn Stevens failed to boost business confidence in February.
Monthly meetings of the Bank of Japan were usually shaking markets, as any dovish or unconvincing comments from the central bank provided a massive sell-off of the Japanese Yen, as investors are making their bets about when more stimulus will be announced.
The cable remained around a two-week low on Tuesday following mixed data from the U.K. industrial sector, while markets were focusing on the MPC members hearing amid latest allegation of manipulation on the financial market.
On Monday banking analytic Dick Bove claimed the world's largest economy will fall into recession, as the rate of money flow and inflation will become a massive drag.
While the single currency shifted further away from it recent highs against the U.S. Dollar on Tuesday, the pair can receive another bullish impetus later this week.
It seems that the Alpine country began this year not on a high note, as exports slumped, inflation disappointed markets on both monthly and annual basis.
Japanese growth slowed to 0.7% in the final quarter, missing analysts' expectations for a 0.9% and slowing from third quarter's solid growth of 1%.