The week is warming up with a busier calendar today. Let’s see what’s awaiting us. Britain starts the day early with two interesting indicators: the BRC Retail Sales Monitor will supply an early indication to retail sales, while the RICS House Price Balance is expected to be weaker than last month, showing a drop in the places where the prices of homes are rising. Later in Britain, Trade Balance is predicted to show a smaller deficit, 6.6 billion instead of 6.8. For more on the British Pound, read the GBP/USD forecast. In Europe, German Final CPI is predicted to confirm the drop in prices last month at 0.6%. This came after a month of rising prices. Also from Germany, the Trade Balance surplus is expected to dip. The most important point for the Euro/Dollar is 1.3750. As it continues to settle below this line, the direction continues to be down. For more on the Euro’s week, with its climax on Friday, check out the EUR/USD forecast. In the US, IBD/TIPP Economic Optimism is predicted to edge up to 49.3. Wholesale Inventories are expected to rise by 0.5%, less than last month’s 1.5% rise. Australia’s Westpac Consumer Sentiment is released at the end of the day and will probably continue the positive trend of recent months. The Aussie was beaten last week and is expecting important figures later on. For more on the Australian dollar, read the AUD/USD forecast. Japan closes the day with the release of the Core Machinery Orders,  a figure  that usually moves the Yen. A rise of 8.1% is expected to follow last month’s big drop. 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 – Dollar Strength to Continue Yohay Elam 12 years The week is warming up with a busier calendar today. Let's see what's awaiting us. Britain starts the day early with two interesting indicators: the BRC Retail Sales Monitor will supply an early indication to retail sales, while the RICS House Price Balance is expected to be weaker than last month, showing a drop in the places where the prices of homes are rising. Later in Britain, Trade Balance is predicted to show a smaller deficit, 6.6 billion instead of 6.8. For more on the British Pound, read the GBP/USD forecast. In Europe, German Final CPI is predicted to confirm… 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.