This is another forex weekly summary that should keep you up to date on this weeks events.

Expect a Fundamentals Rise in the US Dollar – There is a rise expected in the fundamentals of the US dollar. I think that things are going to improve in the value of it, so you should take advantage of this information and profit.

Euro Gains Versus The Dollar – There has been a push up in the value of the Euro after there was better manufacturing numbers in Europe. It was a little unexpected.

Yen Climbs to Six Week High – The US dollar is supposed to move, but it is the yen that has been really on the move. It has been on a long run, so how much longer will it keep going?

G8 Leaders Dodge The US Dollar Debate – A lot of people were expecting some discussion from the G8 summit on whether there should be an alternative reserve currency besides the US Dollar. A lot of these concerns were coming from China, but no one seemed to be interested in the discussion.