Starting the week with a few highlights, Jean-Claude Trichet testifies in Brussels, UK’s earliest report on House Price Index is released and in Japan All Industries Activity is changing. Let’s see what’s up for today.

In Europe with Jean-Claude Trichet, European Central Bank (ECB) President, testifying on Economic and Monetary Affairs before the European Parliament, in Brussels; and as head of the ECB, affecting the short term interest rates regarding future monetary policy;

For more on the Euro, read the EUR/USD forecast and Casey Stubbs’ latest analysis.

Moving on to Great Britain, Rightmove House Price Index (HPI) is 0.7%, this is the UK’s earliest report on housing inflation which measures the change in the asking price of homes for sale.

Read more about the Pound in the GBP/USD forecast.

In Switzerland, Governing Board Chairman Philipp Hildebrand speak at the Swiss American Chamber of Commerce, in Zurich; and As head of the central bank, has an effect on controls short term interest rates.

In Australia, New Motor Vehicle Sales, a Monthly report that measures the change in the number of new cars and trucks sold domestically; It’s a sign of consumer confidence in their future financial position

For more on the Aussie, read the AUD/USD forecast.

In New Zealand, Visitor Arrivals, a monthly report that measures the change in the number of short-term overseas visitors who arrived in the country; an important report since tourism plays an important role in the economy and effect also the GDP.

In Japan, All Industries Activity is about to rise up from -0.8% to 2.1%, a monthly report that measures the change in the total value of goods and services purchased by businesses; It’s a leading indicator that can be an early signal of future economic activity such as hiring, earnings, and investment;

That’s it for today. Happy forex trading!

Want to see what other traders are doing in real accounts? Check out Currensee. It’s free.

In the US a rise in the Existing Home Sales, and Sandra Pianalts (US) and Speaks at the Ohio Northern University, in Great Britain Adam Posen speeches are affecting the nation’s key interest rates. Let’s see the other interesting news up for today

In the US, Existing Home Sales, date about home resales that released monthly and measures the annualized number of residential buildings that were sold during the previous month, is about to rise from 5.35 Million to 5.61 Million an leading indicator of economic health, triggers a wide-reaching ripple effect.

Later in the US, Federal Reserve Bank of Cleveland, President Sandra Pianalto deliver opening remarks at the Ohio Northern University, in Ada;  affects the future monetary policy with the FOMC members votes on where to set the nation’s key interest rates.

For more on USD/CAD, read the Canadian dollar forecast.

In Great Britain, Bank of England (BOE), Monetary Policy Committee (MPC); Member Adam Posen speaks at the School of Economics, in London and affects the monetary policy by setting nation’s key interest rates.

Read more about the Pound in the GBP/USD forecast.

In Australia, New Motor Vehicle Sales, released monthly and measures the change in the number of new cars and trucks sold domestically. Affecting the future financial position and encouraging consumers to spend money.

For more on the Aussie, read the AUD/USD forecast.

In Japan, The Bank of Japan (BOJ) Monthly Report, recent economic and financial developments and contains the statistical data that the BOJ Policy Board members evaluated when making the latest interest rate decision.

Later in Japan, All Industries Activity, that measures the change in the total value of goods and services purchased by businesses is about to rise up to -0.6% from -2.3%, a leading indicator – businesses are quickly affected by market conditions, and changes in their spending can be an early signal of future economic activity.

That’s it for today. Happy forex trading!

Want to see what other traders are doing in real accounts? Check out Currensee. It’s free.

In the US a rise in the Existing Home Sales, and Sandra Pianalts (US) and Speaks at the Ohio Northern University, in Great Britain Adam Posen speeches are affecting the nation’s key interest rates. Let’s see the other interesting news up for today

In the US, Existing Home Sales, date about home resales that released monthly and measures the annualized number of residential buildings that were sold during the previous month, is about to rise from 5.35 Million to 5.61 Million an leading indicator of economic health, triggers a wide-reaching ripple effect.

Later in the US, Federal Reserve Bank of Cleveland, President Sandra Pianalto deliver opening remarks at the Ohio Northern University, in Ada;  affects the future monetary policy with the FOMC members votes on where to set the nation’s key interest rates.

For more on USD/CAD, read the Canadian dollar forecast.

In Great Britain, Bank of England (BOE), Monetary Policy Committee (MPC); Member Adam Posen speaks at the School of Economics, in London and affects the monetary policy by setting nation’s key interest rates.

Read more about the Pound in the GBP/USD forecast.

In Australia, New Motor Vehicle Sales, released monthly and measures the change in the number of new cars and trucks sold domestically. Affecting the future financial position and encouraging consumers to spend money.

For more on the Aussie, read the AUD/USD forecast.

In Japan, The Bank of Japan (BOJ) Monthly Report, recent economic and financial developments and contains the statistical data that the BOJ Policy Board members evaluated when making the latest interest rate decision.

Later in Japan, All Industries Activity, that measures the change in the total value of goods and services purchased by businesses is about to rise up to -0.6% from -2.3%, a leading indicator – businesses are quickly affected by market conditions, and changes in their spending can be an early signal of future economic activity.

That’s it for today. Happy forex trading!

Want to see what other traders are doing in real accounts? Check out Currensee. It’s free.

American home sales on the rise, the international G20 meeting with a closing speech from US Treasury Secretary Timothy Geithner together with other encouraging news from around the world  sum up this week.  Let’s see what’s up for today.

In the US, New Home Sales, annualized number of new single-family homes that were sold during the previous month, a leading indicator of economic health, is expected to leap from 308K to 323K.

Later in the US, Durable Goods Orders Ex Transportation, a leading indicator of production, released monthly, is expected to drop down from 1.4% to 0.7%

Finally in the US, US Treasury Secretary Timothy Geithner speaks at the conclusion of the G20 meeting, in Washington DC, may indicate policy shifts to the public and to foreign governments. The G20 Meetings are attended by finance ministers and central bankers from 20 industrialized nations including the G7 nations the G20 is an influential global policy-making body operating at the highest level.

In Canada, Bank of Canada Core Consumer Price Index exemplifies the change in the price of goods and services purchased by consumers. It is the most important inflation-related release due to it’s earliness and broad scope, foreseen to drop from 0.7% to 0.1% and Core Retail Sales is expected to follow

For more on USD/CAD, read the Canadian dollar forecast.

In Europe, German Ifo Business Climate, Survey of about 7,000 businesses, tends to create a hefty market impact upon release, is expected to rise from 98.1 to 98.8. The Italian Retail Sales is also expected to go up from -0.5% to 0.3%.

Also in Europe, Belgium NBB Business Climate, leading indicator of economic health, is predicted to rise from -3.6 to -2.5 and French Consumer Spending, the primary gauge of consumer spending, is expected to go up from -1.2 $ to 0.4%.

More from Europe, Industrial New Orders released monthly indicator of production is about to rise from -1.6% to 0.9%.

For more on the Euro, read the EUR/USD forecast and Casey Stubbs’ latest analysis.

In Great Britain, Preliminary Gross Domestic Product, The indicator of change in the inflation-adjusted value of all goods and services. Due to its preliminary release, it tends to have the most impact. The forecast remains unchanged -  0.4% and also the Index of Services is expected to follow and will remain 0.6%.

Read more about the Pound in the GBP/USD forecast.

In Australia, Governor of the Reserve Bank of Australia Glenn Stevens delivers a speech titled “Economic Conditions” at the University of Southern Queensland. As head of the central bank, which controls short term interest rates, he has more influence over the nation’s currency.

More in Australia, Import Prices are foreseen a rise from -4.3% to -1.4%, this will contribute to inflation for businesses and consumers.

For more on the Aussie, read the AUD/USD forecast.

In New Zeeland Credit Card Spending is expected to go unchanged.

International Monetary Fund (IMF) Meetingst provides policy advice and can agree funding support when countries face severe difficulties, can impact the currency markets

That’s it for today. Happy forex trading!

Want to see what other traders are doing in real accounts? Check out Currensee. It’s free.