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Unemployment Claims in the US and Ifo Business Climate in Europe are the major market-movers. Let see what awaits us today.

Group of Twenty (G20) Meetings, is an important global body that is operating at the highest level, and can impact the currency markets.

In the US, Unemployment Claims, unemployed that filed on the first time for insurance over the last week, decrease is forecasted from 348K down to 345K this time.

More in the US, Office of Federal Housing Enterprise Oversight (OFHEO) House Price Index (HPI),

Finally in the US, Natural Gas Storage is about to remain -127B similar to the last week.

In Canada, Corporate Profits, value the corporations profits change, is about to remain -0.5% similar to the last month.

More in Canada, Bank of Canada (BOC) Review is due this quarter.

For more on USD/CAD, read the  Canadian dollar forecast.

In Europe, German Ifo Business Climate, businesses survey to value the present business conditions and outlooks for the next 6 months, due to rise up by 3 points to 108.6 points.

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

In Great Britain, British Bankers’ Association (BBA) Mortgage Approvals, housing market demand monthly indicator to value the approved mortgages by BBA-represented banks, rise is expected from 36.2K on January up to 37.3K now.

More in Great Britain, Confederation of British Industry (CBI) Industrial Order Expectations, Manufacturers Survey to rate the level of order volume expected on the next 3 months, is about to rise by 3 points to -13 points.

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

In Australia, Glenn Stevens, Reserve Bank of Australia (RBA) Governor, is about to speak in Sydney.

For more on the Aussie, read the  AUD/USD forecast.

In Japan, Corporate Services Price Index (CSPI), corporations price change of services about to remain 0.1% like on the last month report.

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

That’s it for today.

Happy forex trading!

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