Home Forex Daily Outlook November 11 2011
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Forex Daily Outlook November 11 2011

We summarize this week Prelim UoM Consumer Sentiment in the US and PPI Input in the UK are the major events this day. Here is an outlook on the market-movers awaiting us.

In the US, Prelim University of Michigan (UoM) Consumer Sentiment, monthly survey to value the present and upcoming financial conditions, rise of 0.2 points is expected this month up to 61.1 points.

More in the US, Prelim Prelim University of Michigan (UoM) Inflation Expectations, monthly consumer’s survey to measure the expect prices on the next 12 months, 3.2% is predicted similar to the previous survey.

In Great Britain, Producer Price Index (PPI) Input, goods and raw materials price change, about to reduce by 1.7% from October.

More in Great Britain, PPI Output, manufacturers price change of goods sold, about to drop down by 0.1% from October to 0.2%.

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

That’s it for today.

For more events later in the week, check out the Live Forex Calendar

Anat Dror

Anat Dror

Anat Dror Senior Writer I conceptualize, design and create multi-lingual websites. Apart from the technical work, my projects usually consist of writing content for these sites in English, French and Hebrew. In the past, I have built, managed and marketed an e-learning center for language studies, including moderating a live community of students. I've also worked as a community organizer