Today features lots of US data, with the Building Permits in the center of attention. Also the Meeting Minutes from both Britain and the US will be carefully read by forex traders. Let’s see what’s on the menu today. In Australia,  Quarterly Retail Sales rose by only 0.8%, lower than expectations. Despite this, AUD/USD is back above 0.64. In Britain, the  MPC Meeting Minutes will be closely watched today. It could indicate further rate cuts. Also the  CBI Industrial Order Expectations will be released, and is expected to fall by 45 points. In Canada,  Wholesale Sales are expected to show a decline of  2.2%.  And then, a big bulk of US data is expected to be released: At 13:30,  Building Permits will be in the limelight, expected to stand at 0.52 million. A related figure is the Housing Starts, which is predicted to show a similar figure. Also in the US,  Import Prices that are expected to fall by 1.2%,  Capacity Utilization Rate  (72.5%) and  Industrial Production (-1.4%). After all these figures, traders will stay tuned to some verbal information: Ben Bernanke, Chairman of the Federal Reserve, will speak. At the same time,  Federal Reserve Bank of Chicago President Charles Evans will also talk. And the last figure of the day is the release of the  FOMC Meeting Minutes, due at 19:00 GMT. Together with Obama’s stimulus package, the forecast of the FOMC could give a good indication of the economy. 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 Outlook – February 19th 2009 Yohay Elam 13 years Today features lots of US data, with the Building Permits in the center of attention. Also the Meeting Minutes from both Britain and the US will be carefully read by forex traders. Let's see what's on the menu today. In Australia,  Quarterly Retail Sales rose by only 0.8%, lower than expectations. Despite this, AUD/USD is back above 0.64. In Britain, the  MPC Meeting Minutes will be closely watched today. It could indicate further rate cuts. Also the  CBI Industrial Order Expectations will be released, and is expected to fall by 45 points. In Canada,  Wholesale Sales are expected to show… 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.