Very busy day with FOMC Meeting Minutes in the US, Services PMI in the UK and much more. Let’s see what awaits us today. In the US, The Institute for Supply Management (ISM) Non-Manufacturing Purchasing Managers’ Index (PMI); Survey of about 400 purchasing managers to rate the relative level of business conditions. Indicates industry expansion with 60.2 points. Later in the US, FOMC Meeting Minutes, It’s a detailed record of the FOMC’s most recent meeting, providing in-depth insights into the economic and financial conditions that influenced their vote on where to set interest rates. Finally in the US, Federal Reserve Bank of Philadelphia President Charles Plosser, due to participate in a panel discussion at the Federal Reserve Bank of Atlanta’s 2011 Financial Markets Conference “Navigating the New Financial Landscape,” in Stone Mountain. For more on USD/CAD, read the Canadian dollar forecast. In Europe, Final Services Purchasing Managers’ Index (PMI), Survey of about 600 purchasing managers to rate the relative level of business conditions, indicates industry expansion with 56.9 points. Also in Europe, Retail Sales is due to remain 0.1%. It’s the primary gauge of consumer spending, which accounts for the majority of overall economic activity. For more on the Euro, read the EUR/USD forecast. In Great Britain, Halifax House Price Index (HPI), price of homes financed by Halifax Bank of Scotland (HBOS); is about to rise by 1.1%. More in Great Britain, Services Purchasing Managers’ Index (PMI), Survey of purchasing managers which asks respondents to rate the relative level of business conditions indicates industry expansion with 52.5 points. Finally in Britain, British Retail Consortium (BRC) Shop Price Index is due to be 2.7%. Leads the government-released consumer inflation data by about 10 days. Read more about the Pound in the GBP/USD forecast. In Australia, Reserve Bank of Australia (RBA ) Rate Statement, It contains the outcome of their decision on interest rates and commentary about the economic conditions that influenced their decision. Most importantly, it discusses the economic outlook and offers clues on the outcome of future decisions. More in Australia, Cash Rate, overnight money market deposits is due to remain 4.75%. Short term interest rates are the paramount factor in currency valuation – traders look at most other indicators merely to predict how rates will change in the future. Finally in Australia, Home Loans, new loans granted for owner-occupied homes; is about to rise by 2.7%. Provides an excellent gauge of how many qualified buyers are entering the market. For more on the Aussie, read the AUD/USD forecast. That’s it for today. Happy forex trading! 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 Anat's Google Profile View All Post By Anat Dror Daily Look share Read Next Market Trends Favor Australian Dollar gains, Japanese Yen losses Yohay Elam 12 years Very busy day with FOMC Meeting Minutes in the US, Services PMI in the UK and much more. Let's see what awaits us today. In the US, The Institute for Supply Management (ISM) Non-Manufacturing Purchasing Managers' Index (PMI); Survey of about 400 purchasing managers to rate the relative level of business conditions. Indicates industry expansion with 60.2 points. Later in the US, FOMC Meeting Minutes, It's a detailed record of the FOMC's most recent meeting, providing in-depth insights into the economic and financial conditions that influenced their vote on where to set interest rates. Finally in the US, Federal Reserve… 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.