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Forex Daily Outlook – November 25 2010

Inflation Report Hearings in the UK and much more are the highlights event .Let’s see what awaits us today.

 In Great Britain, Inflation Report Hearings, Bank of England (BOE) Monetary Policy Committee (MPC) members vote on where to set the nation’s key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy.

More in Great Britain, Confederation of British Industry (CBI) Realized Sales, Survey of about 160 retail and wholesale companies to rate the relative level of current sales volume, indicates higher sales volume, with 35 points.

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

In Switzerland, KOF Leading Indicators, Konjunkturbarometer Economic Barometer index based on 12 economic indicators will reduce to 2.09 points. This index is designed to predict the direction of the economy.

In Australia, Private Capital Expenditure, new capital expenditures made by private businesses is about to rise by 7.3%. Businesses are quickly affected by market conditions, and changes in their investment levels can be an early signal of future economic activity.

More in Australia, Reserve Bank of Australia (RBA) Governor Glenn Stevens due to testify before the House of Representatives Standing Committee on Economics, in Canberra.

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

In Japan, Tokyo Core Consumer Price Index (CPI), price of goods and services purchased by consumers in Tokyo, excluding fresh food will rise by 0.1%; while the National Core CPI (excluding fresh food) will reduce by 0.5%.

That’s it for today. Happy forex trading!

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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