Forex Daily Outlook January 23 2012
Daily Look

Forex Daily Outlook January 23 2012

We start the week with some interesting events like MPC Member Posen Speaks in the UK and Leading Index in Canada as the main highlight on today’s outlook. Let’s see what awaits us today.

In Canada, Leading Index More in Canada, Monthly Index that is based on 10 monetary indicators; is about to decreases from 0.8% on December down to 0.6% now.

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

In Europe, Consumer Confidence, is a consumer spending important indicator of that is based on a monthly survey to rate the financial conditions such as employment, inflation and so on, is about to rise by 1 points to -20.

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

In Great Britain, Adam Posen, External Bank of England (BOE) Monetary Policy Committee (MPC) Member, is due to speak in Nottingham.

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

In Australia, Producer Price Index (PPI), consumer inflation important indicator to value the finished good’s price change over the last month, due to reduce by 0.2% down to 0.4% this time.

More in Australia, The Conference Board (CB) Leading Index that is based on 7 financial indicators expected to remain 0.6% similar to the last month report.

For more on the Aussie, read the  AUD/USD 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