This turbulent week comes to an end with a Japanese rate decision and important releases from Britain and Germany. Let’s see what’ up for today: Britain starts the day with the release of the GfK Consumer Confidence which is expected to rise after a disappointing fall last month to -17 points. Note that this confidence indicator is still negative. Later in Britain, Public Sector Net Borrowing is expected to double to 23.1 billion pounds. There’s a lot of talk about the growing deficit of the British government, and it probably won’t be reduced as Britain enters an election year. British employment has improved after a long time, but this wasn’t enough for the Pound – it suffered major losses. The Bank of Japan meets again for a rate decision. Japanese Overnight Call Rate isn’t expected to move from the rock bottom 0.1%. The focus will be on the Monetary Policy Statement that will accompany the decision, and the prospects for 2010. In Germany, the all-important Ifo Business Climate is released today, and is expected to rise again – from 93.9 to 94.6. This could help the Euro, that has lost a lot of ground this week, starting with the previous major survey, and continuing with the dollar sweep. Also in Europe, Current Account deficit  is expected to be halved to 2.3 billion euros. This might also help the Euro. The Canadian dollar has weathered the greenback’s storm and managed to remain rather strong. Canadian Wholesale Sales close this week with an expected rise of 0.4%, double last month’s rise. That’s it for today. Happy forex trading! 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 Talking about the market on Forex TV Yohay Elam 12 years This turbulent week comes to an end with a Japanese rate decision and important releases from Britain and Germany. Let's see what' up for today: Britain starts the day with the release of the GfK Consumer Confidence which is expected to rise after a disappointing fall last month to -17 points. Note that this confidence indicator is still negative. Later in Britain, Public Sector Net Borrowing is expected to double to 23.1 billion pounds. There's a lot of talk about the growing deficit of the British government, and it probably won't be reduced as Britain enters an election year. British… 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.