The News Review:

- Forex Update: Tight Ranges Ahead f A Big Calendar
- WRLD FREX: Euro Trims Lead Vs Dlr Down Vs Swiss Franc
- BREWER FREX-WEEKLY RECAP
- Forex trends: yen gains against European majors sliding versus dollar
- WRLD FREX: Dlr Up Vs Yen; FMC Stocks Fuel Risk Appetite

Forex Update: Tight Ranges Ahead f A Big Calendar
International Business Times
com A Forex Trader PortalFifty pips and under 20 if swissy is taken out is all that the six major pairs have managed to move on the dollar in overnight trade albeit that a big economic calendar week gets underway on Tuesday. “We are now waiting to see if the Chicago reversal in reaction to London oil gold and LIBR rates getting fixed can move the pairs anywhere” TheLFB Trade Team said. “The short side of the major pairs failed to follow through maybe it will be time to see how well the dollar bulls fare in the face of some selling action ahead of Wall Street”. The markets are still range-bound with very light volume. Starting a new Quarter of trade on Wednesday and with such a heavy calendar we may see a break of that pattern.

WRLD FREX: Euro Trims Lead Vs Dlr Down Vs Swiss Franc
Wall Street Journal
–>WRLD FREX: Euro Trims Lead Vs Dlr Down Vs Swiss Franc ArticleCommentsmore in. stocks and crude futures have narrowed its lead. The euro has turned lower versus the yen and Swiss franc despite the threat of currency market intervention by the Swiss National Bank. Broad market flows are reversing interest in riskier currencies from lower yielding assets.
Related from Managementmonster: UBS trims Swiss management structure

BREWER FREX-WEEKLY RECAP
ForexTV.com
This is a proposal that has been brought up at least twice before by the Chinese and Russians and does not seem to want to go away. Friday’s reaction was subdued compared to previous announcements which may be an indication that traders want to see more “meat” to the proposal before committing in a big way. The Forex markets took precautions on the news by selling Dollars but the subsequent rallies were capped by previous tops. The main issue that has to be considered is whether the People’s Bank of China is in favor of this major change or does the Chinese government want to make the move. If you pay close attention to the news story you will notice that it is the People’s Bank calling for the change not the government. Like everything in China the government eventually gets its way so I wouldn’t worry too much about the Dollar losing its value as the world’s reserve currency for a long-time. Earlier in the week the FMC had its monthly meeting.
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Forex trends: yen gains against European majors sliding versus dollar
Ecommerce Journal
At the same time the Japanese currency declined against the US dollar.  Thus during early Morning session in Asia yen that closed last week trading at the level of 134 against the single currency climbed to 4-day high of 133. 66 early morning in Asia. Yen was likely to touch 133 as the next upside resistance level.
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WRLD FREX: Dlr Up Vs Yen; FMC Stocks Fuel Risk Appetite
Wall Street Journal
–>WRLD FREX: Dlr Up Vs Yen; FMC Stocks Fuel Risk Appetite ArticleCommentsmore in. currency will likely rise for the rest of this week some dealers said because the FMC did not take additional stimulative measures such as boosting its Treasury purchase program. Some investors had expected the FMC might.