A busy day expects traders, with a major survey in Europe, American consumer confidence and lots more. Let’s see what’s awaiting us. There’s still lots of talk about Bernanke’s mini rate hike. Although Monday saw some recovery, there’s still a notion that the Federal Reserve will be one of the more aggressive central banks regarding rate hikes. The kiwi dollar will rock at the start of the day upon the release of the quarterly Inflation Expectations. The 2.6% figure is predicted to accelerate. In its neighbor, Australia, RBA Deputy Governor Ric Battellino will make a public appearance and might hint something about future rates. For more on the Aussie, read the AUD/USD forecast. In Switzerland, the UBS Consumption Indicator will probably show more improvement in the Swiss economy. In France, Consumer Spending leaped by 2.1% last month and is now expected to cool down by 0.6%. A more important figure comes from Germany, where the Ifo Business Climate is predicted to rise from 95.8 to 96.3 points. This will shake the Euro. The last European figure comes from Belgium – the NBB Business Climate will probably rise from -7 to -5 points, still in the negative zone. For more on the Euro, read the EUR/USD forecast and Casey’s latest technical analysis. Mervyn King will have his chance to shake the Pound today: in an official hearing in parliament, he’ll speak about inflation (which he denies) and the economy et large. These hearing may take many hours, and his comments usually hurt the Pound. Apart from King, also his deputy Paul Tucker will make a public appearance and might move the Pound. Also in Britain, BBA Mortgage Approvals are predicted to slip from 45.9 to 45.3K. For more on the Pound, read the GBP/USD forecast. In the US, S&P/CS Composite-20 HPI is expected to show an annual drop of 2.9% in house prices, less than last month’s number -5.3%. Year to year comparisons will start showing rises soon. The main release in the US is the CB Consumer Confidence which will probably edge down from 55.9 to 55 points, still on high ground. Also in the US, Federal Reserve Bank of St Louis President James Bullard will speak. He had a role in calming the markets after the rate move. Japan’s Trade Balance closes the day. It’s predicted to remain almost unchanged. That’s it for today. Happy forex trading! Want to see what other traders are doing in real accounts? Check out Currensee. It’s free. 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 Video Weekly Outlook Yohay Elam 12 years A busy day expects traders, with a major survey in Europe, American consumer confidence and lots more. Let's see what's awaiting us. There's still lots of talk about Bernanke's mini rate hike. Although Monday saw some recovery, there's still a notion that the Federal Reserve will be one of the more aggressive central banks regarding rate hikes. The kiwi dollar will rock at the start of the day upon the release of the quarterly Inflation Expectations. The 2.6% figure is predicted to accelerate. In its neighbor, Australia, RBA Deputy Governor Ric Battellino will make a public appearance and might hint… Top 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.