Massive worldwide recalls have many people worried.

Well hello again, and as the days fly by we’re already looking at another week gone by, and as always there was plenty of economic news both from the fundamental reports affecting the Forex market, as well as general economic news.  Toyota definitely made a huge splash in the news, but never in the way that a car company wants to.  Massive worldwide recalls have many people worried about the future of this company, as they are taking a huge economic hit at a time when most car manufacturers aren’t in a position to be taking that type of a beating.  In other news, Pepsi has decided that the cost of a Super Bowl ad isn’t worth it anymore, and for the first time in many years they won’t be buying ad space during the big football game.

The flurry of various economic reports has created mixed results in the American stock market, and as of this Friday the price of oil has fallen for three straight days.  The BAE defense company is going to end up paying $400 million in fines to settle regulatory charges in both Great Britain and the United States.

There was also a huge variety of economic reports released this week by the major nations whose currencies are being traded in the Forex market.  So without any further wait, and with no threat of a massive recall, here is this installment of the week in review.

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