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Apart from the expected Bush’s statement as a not-so-important factor coming from the US, all other factors determining the directions of the currency rates are from the stock market as well as some of ECB statements these days.
The Fed is again expected to affect the currency (EUR/USD mainly) with their rate specification scheduled for Friday this week. ...

The financial plan of George Bush and some of the other political leaders in America might actually become a positive factor for the USD and the global economy but certainly is an enemy of the EUR currency and currency/money transfers in Euro. Anyway, the Fed move in Tuesday stabilized the Euro at a bottom of 1.43 with more certain incoming recovery and most of the dealers predict a direction straight-up for the European currency after this total crisis, which will prove the long-term expectation for a “buy” of EUR/USD. ...

The start of this week was completely chaotic for the stock exchange/transfer markets, which reflected on the currency FOREX too, but of course with moves not so critical as they were for the stocks.
The EUR/USD currency pair – a pair lately known as very risky after the turn in favor of the dollar these days again stroke in the same direction. ...

Another uneasy week passed under the ‘carry trade’ slow fade. Many of the pairs in which Yen is involved as well as other stable indices are stalled at levels providing some temporary stability. ...

Today in the USA because of the celebrations of the Martin Luther King Day the situation is idle and no movements have been noticed, and by the way in Europe it is all the same. So, again the global economical themes will dictate the EUR trading, and this is not so good for the European currency as the events from the last week brought a mini-crisis when USD recovered partial positions on the market. ...