Forex Daily Outlook – December 31st 2009
On New Years Eve, there still are a few notable events, especially in Britain. Here’s the last outlook for 2009:
Here’s a song for the new year, by U2:
Australia’s Private Sector Credit is expected to show a small rise of 0.1% after being unchanged last time. For more on the Australian dollar, read the AUD/USD forecast.
In Britain, Nationwide HPI is expected to show another month of rise in house prices, this time by 0.4%, following a 0.5% rise last month. The recovery of home prices doesn’t fully affect the economy.
Later in Britain, the BOE Credit Conditions Survey will shed some light on borrowing in Britain, and on the whole economy. For more on the Pound, read the GBP USD forecast.
In the US, weekly Unemployment Claims, which helped push the dollar up on Christmas Eve, are expected to rise back again, from 452K to 460K this time.
That’s it for 2009. Tomorrow the markets are closed. See you in 2010!
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Thank’s for that one and an enjoyable Sylvester and a Happy New 2010 to U2
You’re most welcome. Happy 2010!