Last week was full with economic data and with sharp moves in the Forex market. This week starts with small moves in the majors, but with significant drops in AUD/USD and NZD/USD. The ECB’s president, Jean Claude Trichet, will talk and impact the EUR/USD, currently trading at 1.3384. The British Pound will not receive any economic data. GBP/USD currently at 1.5083. Swiss Franc: USD/CHF now at 1.1177. Later on today, the Bank of Canada (BOC) will publish the Business Outlook Survey, which is a major factor in setting the interest rates. For loonie traders, this is an important report to read. Federal Reserve Bank of Atlanta President Dennis Lockhart will speak about the dire US economy later today. For those of you trading on the kiwi, the NZIER Business Confidence, that closes the day will impact NZD/USD. All in all, today doesn’t feature too much economic data. Note that the impact of last week’s Non Farm Payrolls, which still makes aftershocks. Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Daily Look share Read Next Forex Daily Analysis – January 13th 2009 Yohay Elam 13 years Last week was full with economic data and with sharp moves in the Forex market. This week starts with small moves in the majors, but with significant drops in AUD/USD and NZD/USD. The ECB's president, Jean Claude Trichet, will talk and impact the EUR/USD, currently trading at 1.3384. The British Pound will not receive any economic data. GBP/USD currently at 1.5083. Swiss Franc: USD/CHF now at 1.1177. Later on today, the Bank of Canada (BOC) will publish the Business Outlook Survey, which is a major factor in setting the interest rates. For loonie traders, this is an important report to… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
