A busy day expects forex traders, especially with US figures. Retail sales and consumer prices will be in the limelight. Let’s see what’s up for today. EUR/USD continues to trade above the gap. While this is a sign of strength, the resolution to the Greek crisis is not fully realized, and the implications to the other countries could still weigh on the Euro. OK, let’s start the review: Australia’s Westpac Consumer Sentiment starts the day. After a strong start to the week, the Aussie is struggling again. For more on the Aussie, read the AUD/USD forecast. In Japan, BOJ Governor Masaaki Shirakawa will speak at a conference in Tokyo, and he can shake the Yen – possibly sending it lower. European Industrial Production is expected to rise by 0.2% following a rise of 1.7% last month. For more on the Euro, read the EUR/USD forecast and Casey Stubbs‘ latest analysis. Many American figures American retail sales are expected to make a move forward: a rise of 1.1% will probably follow last month’s 0.3% rise. Core retail sales, which are no less important, are expected to rise by 0.5%, less than last month’s rise. At the same time, consumer prices are predicted to provide another month of boredom – a rise of 0.1% is expected to follow last month’s stagnation. Core CPI will probably rise by 0.1%, the same as last month. Later in the US, Business Inventories are predicted to rise by 0.3% after being unchanged last month. At the same time, 14:00 GMT, Ben Bernanke will begin his testimony in front of the Joint Economic Committee of Congress. If he makes some remarks about the economy in general, or the Chinese yuan, the markets will move. Later in the US, the Beige Book will give an overview of the American economy, showing us what the Federal Reserve sees. Also note a speech by FOMC member Sandra Pianalto. Just before the day ends, British Nationwide Consumer Confidence, a figure delayed from last week, is predicted to edge up from 80 to 81 points. For more on the British Pound, read the GBP/USD forecast. Want to see what other traders are doing in real accounts? Check out Currensee. It’s free. 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 Kiwi Drops on Retail Sales – Rate Hike Unlikely Soon Yohay Elam 12 years A busy day expects forex traders, especially with US figures. Retail sales and consumer prices will be in the limelight. Let's see what's up for today. EUR/USD continues to trade above the gap. While this is a sign of strength, the resolution to the Greek crisis is not fully realized, and the implications to the other countries could still weigh on the Euro. OK, let's start the review: Australia's Westpac Consumer Sentiment starts the day. After a strong start to the week, the Aussie is struggling again. For more on the Aussie, read the AUD/USD forecast. In Japan, BOJ Governor… Top 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.