The single currency rocketed on Thursday on the back of positive data from the 18-nation bloc that showed manufacturing and services sectors gained momentum in January, while current account surprisingly swelled in November.
The Australian Dollar remains at the "uncomfortably high" level, while domestic economy is struggling to build up steam amid waning investment in the mining sector.
Markets were little changed after the BoJ monetary policy statement that showed the central bank refrained from boosting its unprecedented stimulus programme further, saying the economy is on the way to reach a 2% inflation target as planned.
The unemployment rate plunged to 7.1% in December– the lowest since February 2009, while the number of people claiming jobless benefits sank by 24,000. Even though, this is not as much as analysts expected of a 32,000 drop, the latest data from the U.K. labour market is definitely reflecting the ongoing recovery.
With Janet Yellen on the deck, Bernanke leaving his position on January 31 and a lack of fundamental data from the United States, it is an appropriate time to understand the legacy of the Federal Reserve and Bernanke's role in the history of the U.S.
It is extremely difficult to say what will happened with the EU economy is the foreseeable future, as on part of analysts believe the worst is over and the bloc will start gaining momentum, while another part expressed their concerns additional action from the ECB will be required.
Last year the Reserve Bank of New Zealand promised to pull the trigger in the first half of 2014 and start raising interest rates, becoming the first developed country to do so.
The SNB was not busy during the last year, as the pressure on the Swiss Franc eased amid economic recovery in the neighbouring Eurozone.
While the Pound approached a two-week high versus the shared currency amid the upcoming jobs report, Mark Carney's quest to understand the strength of the nation's economy takes on greater urgency.
Amid a lack of fundamental data from the United States it is worth having a look at latest researches conducted by Gallup research company.
Investors, politicians, analysts and consumers across Europe are anchoring their hopes on Germany– Europe's powerhouse.
The Australian Dollar was seen trading around a three-and-a-half year low last week on the back of disappointing employment data, that showed economy's inability to create working places.
Industrial output is a leading indicator of economic health, as producers usually react quickly to any changes in the business cycle.
Britain's unemployment rate and a claimant count change will be highlights of this week, as both indicators can have a major impact on the direction of the Sterling.
Growth, growth and growth. This is what companies require in order to increase spending and hire more employees.
Ireland's economy is on the mend after a number of recessions in recent years.
During the last trading week vast majority of major currencies lost some of their value, with the single currency falling 0.09%, the Dollar losing 0.19%, while the Pound, Aussie and loonie lost around 1%.
It seems that Swiss central bank has lost some grip as Alpine economy is sending alarming signals.
The abnormal rally performed by USD/JPY is running out of steam as the pair stuck around 104.3 and were not moving any higher or lower during the last two days already.
Are you still not tired from upbeat data from the U.K.? It is getting easy to predict Sterling's behaviour, as British currency constantly benefits from positive fundamental data from the country.
Ben S. Bernanke's era is coming to its logical conclusion. Soon Janet Yellen will take over his position on January 31 and will become the world's most powerful woman.
Earlier this year analysts claimed that the European Central Bank will keep interest rates at current level of 0.25% until 2015; however, they have not excluded other measures, like the introduction of the U.S.-style bond-buying programme.
The Australian Dollar posted its biggest fall in a month against the U.S. counterpart, following disappointing report that revived speculations about another rate cut from the RBA.
The Yen is steadily depreciating against the U.S. Dollar, with the currency pair hovering slightly below 105.