List of major events to affect the trading of the pair EUR/USD for the week ended October 21st, 2011 is as under.

On Monday, October 17th, 2011, United States, reported its official data on industrial production and capacity utilization rate. Moreover, report on manufacturing activity in New York State was also published.

Today on Tuesday October 18th, 2011,In United States official data on consumer price inflation was reported along with data on country’s balance of domestic and foreign investment. In Euro zone, ZEW Center for Economic Research released the report on economic sentiment in Germany along with report on economic sentiment for the euro zone region.

On Wednesday, October 19th, 2011, In United States, several reported will be published which include official report on building permits, housing starts, consumer price inflation and crude oil inventories. Moreover, US Federal Reserve will also publish its Beige Book.  In euro zone, report on region’s current account will be published.

On Thursday, October 20th, 2011, weekly data on initial jobless claims will be published in United States along with reports on Philadelphia’s manufacturing activity and industry report on existing home sales. Whereas, in euro zone, Germany will report its official figure on country’s producer price inflation.

On Friday, October 21st, 2011, Ifo Institute will release its report on German business climate. Moreover, ECB President Jean-Claude Trichet will be publicly address at an event in Warsaw, which will be closely watched to get hints for future direction of the region’s monetary policy.

List of major events to affect the trading of the Euro against the greenback for the week ending October 14^th, 2011 are as follows:-

On Monday, October 10^th, 2011, data on investor confidence was released in euro zone while France reported its official figure on industrial production. In United States, debt markets remained closed in observance of Columbus Day while Stock markets were open as usual.

Today on Tuesday, October 11^th, European Central Bank’s President Jean Claude Trichet addressed the European Parliament’s Economic and Monetary Policy while in United States, data on economic optimism is expected.

On Wednesday, October 12^th, 2011, official data on industrial production will be reported in euro zone while ECB President Jean Claude Trichet will address publicly which will be closely watched to assess the future direction of the economy.

In United States, Federal Reserve will release minutes of its latest policy setting meeting on Wednesday.

On Thursday, October 13^th, 2011, ECB is will published its monthly bulletin while Germany will release its revised data on consumer price inflation. In United States, report on initial jobless claims, crude oil inventories and trade balance will be published.

On Friday, October 14^th, official report on consumer price inflation will be released in euro zone along with data on the trade balance. In Untied States, several reports will be published which include data on retail sales, data on import prices and business inventories. Data on consumer sentiment and inflation expectations will also be reported by University of Michigan on Friday.

List of major events that have significant impact on trading or the pair EUR/USD for the week ending September 23^rd are as follows:-

On Tuesday September 20^th, 2011, Germany will report its official data on producer price inflation while ZEW Center for Economic Research is publish its data on Germany’s and euro zone’s economic sentiment. United States will release its official data on building permits and a detailed report on housing starts on Tuesday.

On Wednesday September 21^st, 2011, United States will report its industry data on existing home sales and crude oil inventories. US Federal Reserve will also release its federal funds rate on Wednesday.

On Thursday September 22^nd, 2011, euro zone will report its initial data on manufacturing and services sector while France and Germany will publish their separate reports on the respective sectors. Euro zone will also report its data on industrial new orders. In United States weekly report on initial jobless claims will be published.

On Friday September 23^rd, 2011, ECB President Jean Claude Trichet will publicly address in Washington which will be closely watched to assess the future direction of monetary policy.

The US dollar gained on Thursday against its major rival currencies on Bernanke comments in which US Federal Reserve’s Chairman was positive about US economy and disclosed low chances of future easing by central bank. On the other hand European Central Bank’s President Jean Claude Trichet reduced its outlook and forecast for the euro zone’s future economic growth.

Analysts had mixed opinions by both chairpersons of the US and euro zone’s central banks. Chief market economist from TD Securities commented, “A quick glance of the speech provides nothing new, nothing that he has not said before, so we are left to wonder what steps they take in September.”

The dollar index DXY which measures the US dollar’s performance against its major six counterparts gained to 76.284 on Thursday as compared to 75.489 on Wednesday’s North American trading session. The euro reached its lowest since mid July and declined to 1.3884 versus the greenback on Thursday as compared to 1.4093 on Wednesday’s late trading hours.

Among other currencies British Pound also fell to 1.5965 against the US dollar on Thursday as compared to 1.5975 on late Wednesday. Against the Japanese Yen the US dollar gained to 77.52 as compared to 77.36 on late Wednesday.

The Australian dollar also fell versus the greenback to 1.0570 on Thursday North American session as compared to 1.0630 in Asian trading hours.

US dollar gained on Thursday especially against its major counterpart the euro. The main reason behind the strengthening of US dollar were the latest remarks by ECB President Jean-Claude Trichet in which he showed serious concerns over the euro zone’s sovereign debt crisis. The ECB president expressed fears over the region’s debt crisis and disclosed that the central bank has resumed purchases of government bonds to increase liquidity.

Senior fixed income and currency strategist, David Watt from RBC Capital Markets commented, “The ECB is starting to sound more like other central banks in saying the risk backdrop looks less favorable, they’re talking about bond purchases, so we got the sense that they’re feeling the pressure from some systemic issues. That opened the door to more euro weakness.”

The euro declined to 1.4134 against the greenback on Thursday as compared to 1.4225 on Wednesday’s late trading hours.

The US dollar also performed versus the Japanese Yen in reaction to intervention of Japanese government to control their currency. The US dollar index DXY which corresponds to the performance of US dollar against its six major rival currencies jumped to 75.015 on Thursday as compared to 74.035 on Wednesday’s North American trading session. The index reached 75.178 it highest for the day.

The US dollar gained to 79.02 against the Japanese Yen on Thursday as compared to 76.96 on late Wednesday. The greenback also surged 0.57 percent against the Swiss franc to 78.01 on Thursday.

The British Pound declined to 1.6283 against the greenback on Thursday as compared to 1.6422 on late Wednesday.

List of events to affect the trading of single currency against the US dollar for the week ended July 8^th, 2011 are as follows:

On Monday, July 4^th, 2011, the US markets remained closed due to observance of Independence Day. On the other hand euro zone reported its official data on producer price inflation and investor confidence.

On Tuesday, July 15^th, 2011, United States will release its report on factory orders which is perceived to be one of the key indicators of production. In euro zone, official report on retail sales is to be released while the region’s data on service sector growth is also to be published.

On Wednesday, July 6^th, 2011, report on service sector growth is to be published while in euro zone data on first quarter’s gross domestic product will be released. Germany will also release its official report on factory orders.

On Thursday, July 7^th, 2011, United States will report its data on non-farm payrolls along with weekly report on initial jobless claims. In euro zone, European Central Bank will release its minimum bid rate. Moreover, ECB president Jean-Claude Trichet will also publicly address which will be watched closely to get hints for future direction of the region’s monetary policy. Germany will also report its data on industrial production on Thursday.

On Friday, July 8^th, 2011, United States will publish several reports including data on inflation, non-farm payrolls and overall unemployment rate. In euro zone Germany will release its figures on trade balance.