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As we look through our economical agenda for this week, we can only notice that the economy is giving us some rest for the week, as we don't have any big fat fundamentals scheduled to be released, and eyes are turned only at both the new homes sales data and the existing home sales, trying to figure out something about the housing market, which should level out soon according the chairman of the federal reserve bank.

This week, even companies earnings are giving markets some slack, especially from the financial sector, as Bank of America is releasing their earnings today, the financial sector will completely stoop this week, after some encouraging data last week from Citi Group and JP Morgan Chase, who knows this week what might be the driver of the markets after those two.

This week might be a little bit quiet, but at the same time, a lot of people sometimes take advantage of this state of the markets, and they start trading and breaking some important levels with no fears of anything that might ruin the current outlook, sometimes with less fundamentals the risk in the market just increase.

This is all we got dear reader, for what is worth, we expect a general weakness for the U.s. dollar this week, but who knows, time will tell, lets just be cautious form what might happen in the absence of any fundamentals in the markets.