An outline of the events shaping the moves behind major currencies throughout last week...

Sales of existing homes fell in March against expectations for a slower increase...

An index of the overall economic activity drawn by the Chicago Fed fell below zero in March against expectations that it will only ease lower...

Attempts to break resistance at 0.8590/0.8960 levels have failed repeatedly over the past week. On April 12th we wrote that a significant break of this area of resistance would pave the way to close...

US Nonfarm Payroll came in stronger than expected change in nonfarm payrolls was +236K and change in private payrolls was an impressive +246K....

Earlier data for German industrial production for the month of January came out flat at 0.0% slowing from the previous month’s +0.3% and disappointing expectations of + 0.4%....

European Central Bank President Mario Draghi eased some concerns over the European economy saying that it will stabilize through this year...

The number of Americans filing for jobless benefits fell to a six-week low last week, adding to signs that the labor market in the world’s largest economy continues to improve...

EUR/USD touched a fresh near three-month low on Wednesday at 1.2965 inching one pip lower than its previous trough hit last Friday by 1.2966...

Despite bad economic outlook in Europe and difficulties to find solutions...