We start the week with FOMC Member Plosser Speaks in Santiago and Nationwide Consumer Confidence in the UK. Let’s see what awaits us today. In the US, Federal Reserve Bank of Philadelphia President Charles Plosser, Due to deliver a speech titled “Thoughts on the Scope of Monetary Policy” at the Global Interdependence Center Conference, in Santiago. Audience questions expected and often used to drop subtle clues regarding future monetary policy. Later in the US, Treasury Currency Report, It provides a detailed review of global exchange rate policies, economic conditions, and central bank and government actions around the world. Most importantly, the report outlines counties that the Treasury deems currency manipulators In Canada, Foreign Securities Purchases, value of domestic stocks, bonds, and money-market assets purchased by foreigners during the reported month; is about to rise by 0.91 B and it is directly linked because foreigners must buy the domestic currency to purchase the nation’s securities. For more on USD/CAD, read the Canadian dollar forecast. In Great Britain, Royal Institution of Chartered Surveyors (RICS) House Price Balance, index based on surveyed property surveyors; is about to rise by 0/1%. surveyors have access to the most recent price data by virtue of their job. More in Great Britain, Nationwide Consumer Confidence, Survey of about 1,000 consumers which asks respondents to rate the relative level of current and future economic conditions, is about to rise by 4 points and accounts for a majority of overall economic activity. Later in Great Britain, Rightmove House Price Index (HPI) is about to remain -3%, similar to the previous month. Read more about the Pound in the GBP/USD forecast. In Australia, New Motor Vehicle Sales, number of new cars and trucks sold domestically; is about to remain 0.2%. It’s a sign of consumer confidence – rising demand for expensive durable goods shows that consumers are confident in their future financial position and feel comfortable spending money. More In Australia, Melbourne Institute (MI) Inflation Gauge, price of goods and services purchased by consumers is about to remain 0.4%, similar to the previous month. For more on the Aussie, read the AUD/USD forecast. In Japan, New Motor Vehicle Sales, number of new cars and trucks sold domestically; is about to remain 0.2%. Rising demand for expensive durable goods shows that consumers are confident in their future financial position and feel comfortable spending money More in Japan, Household Confidence, Survey of about 5,000 households which asks respondents to rate the relative level of economic conditions including overall livelihood, income growth, employment, and climate for major purchases is about to rise 1.3 points. That’s it for today. Happy forex trading! 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 Anat's Google Profile View All Post By Anat Dror Daily Look share Read Next EUR/USD Jan. 17- Falling to Lower Range Yohay Elam 12 years We start the week with FOMC Member Plosser Speaks in Santiago and Nationwide Consumer Confidence in the UK. Let's see what awaits us today. In the US, Federal Reserve Bank of Philadelphia President Charles Plosser, Due to deliver a speech titled "Thoughts on the Scope of Monetary Policy" at the Global Interdependence Center Conference, in Santiago. Audience questions expected and often used to drop subtle clues regarding future monetary policy. Later in the US, Treasury Currency Report, It provides a detailed review of global exchange rate policies, economic conditions, and central bank and government actions around the world. Most importantly,… 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.
