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Forex Daily Outlook February 20 2012

We start the week with some interesting events like Rightmove HPI in the UK and PPI Input in New Zealand as the main highlight on today’s outlook. Let’s see what awaits us today.

In Great Britain, Rightmove House Price Index (HPI), important housing industry’s to measures the homes for sale asking price, is predicted to remain -0.8% like on the last month.

Read more about the Pound in the  GBP/USD forecast.

In New Zealand, Producer Price Index (PPI) Input, manufacturer’s price change for goods and raw materials, is due to drop down by 0.1% to 0.5%. And on the PPI Output rise of 0.3%.

For more about the kiwi, see the NZD/USD forecast.

In Japan, Trade Balance, the difference between imported and exported goods, is about to further reduce from -0.57T down to -0.83T.

Read more about the yen in the USD/JPY forecast.

That’s it for today.

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