A substantial week of economic event risk promises no shortage of excitement in the days ahead.

The euro continued its dominance against the US dollar for the third consecutive week of trading, closing above the psychologically significant $1.50 mark for the first time in 14 months.

The euro finished the week considerably higher against the downtrodden US dollar, but late-week pullbacks showed that traders were not yet willing to push it above the key 1.5000 mark.

The British pound was the only major currency to decline against the US dollar to finish the week's trade as traders showed seemingly little interest in holding GBP-long exposure.

US dollar traders should almost certainly keep an eye out for abrupt shifts in risk sentiment, but a relatively empty US economic calendar leaves limited scope for major day-to-day shifts.

The euro showed early signs of technical reversal through an eventful week of trading.

The coming week may prove significant in determining more medium-term direction in the yen.

The US dollar has hit new lows, but do the fundamentals support the declines?

The European economic calendar is light in the week ahead, with a number of German fundamental data releases unlikely to force major moves across euro pairs.

The ECB is very widely expected to leave interest rates unchanged — ostensibly leaving little risk for major volatility.