Markets are now awaiting the results of the European bank stress tests. A strong lead overnight from Wall Street, driven by a surge in US corporate earnings, also ensured that the Australian sharemarket closed up for the third week in a row. The S&P/ASX 200 Index yesterday jumped 83.7 points,

Markets are now awaiting the results of the European bank stress tests. A strong lead overnight from Wall Street, driven by a surge in US corporate earnings, also ensured that the Australian sharemarket closed up for the third week in a row. The S&P/ASX 200 Index yesterday jumped 83.7 points,

Fundamental Outlook for US Dollar: Bearish - Australian Dollar benefits from S&P 500 rallies , finishes significantly higher - Reserve Bank of Australia leaves rates on hold , Australian Dollar rallies The Australian Dollar finished the week significantly higher against the US

Fundamental Forecast for the Japanese Yen: Neutral - Dollar and Yen Rise on Risk Aversion but Swiss Franc Outperforms - U.S. Dollar, Japanese Yen Rise as Stocks Drop on China Growth Fears The Japanese yen rallied against the U.S. dollar this week, finishing as the second best

- Chancellor of the Exchequer Osborne Pledges to Cut Deficit - BOE Voted 7-1 for 0.5 Percent Interest Rates, 8-0 to Keep Bond Holdings at 200 Billion Pounds The British pound has rallied against the U.S. dollar this week, finishing as the third-best performing G10 currencies through

Key Overnight Developments • New Zealand Economic Growth Slows as Consumption Falters • Japan’s Trade Surplus Narrows as Exports Fall on Stronger Yen • Australian PM Rudd Steps Down, Deputy PM Gillard to Take Over Critical Levels The Euro and the

Fundamental Outlook for US Dollar: Neutral - Australia to Hold Interest Rates as RBA Gauges EU Crisis Fallout - FX Futures and Options Forecast Points to Short Term Gains The Australian dollar has rallied against the U.S. dollar this week, finishing as the third-best performing

Fundamental Outlook for Australian Dollar: Neutral - Australian Dollar gains as Employment data impresses - View our monthly Australian Dollar/US Dollar Exchange Rate Forecast The Australian Dollar finished the week a top performer among G10 currencies, bolstered by a

Fundamental Outlook for US Dollar: Bullish - Dollar surges to four-year highs against the Euro on risk breakdown - US Nonfarm Payrolls surge , but report actually disappoints - View our monthly Euro/US Dollar Exchange Rate Forecast The US Dollar finished the week

Key Overnight Developments • Dollar, Yen Rise as European Growth Fears Sink Stocks in Asia • RBNZ Inflation Expectations Survey Boosts Rate Hike Outlook Critical Levels The Euro and the British Pound slid lower in Asian trade, down 0.6 and 0.5 percent respecti