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Forex Daily Outlook August 27 2012

We began the week with Ifo Business Climate in Europe as the main highlight on today’s outlook. Let’s see what awaits us today.

In the US, Sandra Pianalto, Federal Reserve Bank of Cleveland President, is due to speak in Newark on the monetary outlook and policy at the Area Business Luncheon.

In Europe, German Information and Forschung (Ifo) Business Climate, Monthly Survey to rate the current business expectations and conditions on the next 6 months, due to reduce from 103.3 points on July down to 102.7 points now.

Later in Europe, German Import Prices, value the price change of imported goods that were purchased domestically, rise from -1.5% on July up to 0.8% is predicted now

For more on the Euro, read the  Euro to dollar forecast.

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