The markets opened with some wild and some mild market gaps this week. The euro gapped down 60 pips while the pound lost 75. The swissy and aussie weakened by 45 pips each. Meanwhile, the Japanese yen weakened by 15 pips and the cad started the week flat. The market is showing us dollar strength as Treasury Secretary Tim Geithner stated that the government will have $135 billion left after some banks repay their portions of the bailout money.

Also, later this week the G20, which is a group of finance ministers and central bankers from 20 of the most industrialized nations will meet. In attendance will be President Obama in his first international event. At the conference he is expected to push the U.S. style stimulus packages in order to pump government money into local economies in order to create jobs while encouraging consumers to once again begin spending.