The weak U.S Dollar consensus had been driving market's movements over this week, record gold, oil, Euro, and Swiss Franc prices, and a 12-year low for the dollar against the Yen, those are the things we're looking at these days in the financial markets!

Meanwhile the Feds are trying every possible way to help their economy avoid recession, and secure stable short term liquidity and volatility and clearly their predominant concern remains deteriorating growth, but their European counterparts are having the opposite sort of trouble, INFALTION…

Consumer prices rose 0.3 percent in February inline with median forecasts and well above January's 0.4% decline, while prices inclined 3.3% compared with a year earlier after rising 3.2%, though analysts' were waiting for an unchanged reading, while core prices also rose above expectations at 1.8% from the previous and the expected 1.7% rise.

The ECB chairman Mr. Trichet was clear last week when he said the bank's main concern remain upside risks to price stability, as inflation remains at a 14-year high, as rising food and energy prices are limiting the bank's options if they are to think about fighting prospects of slowing growth in the future!

Some economists believed the ECB are going to cut rates this year, since they expect the Euro Zone to start feeling the heat from the U.S credit meltdown and global growth deterioration, but so far facts doesn’t support their expectations, especially after oil prices seems to have settled above the $100 a barrel which is putting more restraints before central bankers!

Markets await for salvation, yesterday S&P said they expect the write-downs are near over, they estimate the total amount to only reach near $280 billion, which if was true could ease a lot of pressures off central banks' shoulders, especially the U.S' Feds whom are struggling to get their economy back to its winning ways.