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Richard W. Fisher is expected to speak in Dallas and Martin R. Weale deliver a speech in London are the main highlight on today’s outlook. Let’s see what awaits us today.

In the US, Richard W. Fisher President and CEO of the Federal Reserve Bank of Dallas is about to deliver a speech in Dallas.


In Europe, Jean-Claude Trichet President of the European Central Bank, is about to deliver a speech in London

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

In Great Britain, Martin R. Weale, Monetary Policy Committee Member in the Bank of England Is about to deliver a speech In London.

More in Great Britain, Bank of England Quarterly Bulletin, information on market developments comment, monetary policy processes, local and global economic matters, and market enquiry.

Finally in Britain, RICS Housing Price Balance (Royal Institution of Chartered Surveyors), measuring the housing rates, on May -21% and -20% is expected now.

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

In Australia, National Australia Bank (NBA) Business Confidence, monthly marker based on a survey of businesses asked about their outlook for the next twelve months. It is a strong early indicator of future economic conditions, on the May’s survey 7 points were predicted and indicated improved conditions; a small chance is predicted this time.

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

In New Zealand, Real Estate Institute of New Zealand (REINZ), House Price Index (HPI), measuring the monthly house prices and property movements, 1.1% was predicted on May a small chance is predicted this time.

More in New Zealand, Food Price Index (FPI), measures the difference between food price and food services acquired by homes, on May 0.1%.

For more about the kiwi, see the NZD/USD forecast.

In Japan, Core Machinery Orders, measuring the machines purchase orders made by manufacturers in the private business (excluding ships and services), 2.9% was predicted on May and 2% is forecasted now.

More in Japan, Business Survey Index BSI Manufacturing Index, economic indicator based on a large survey of manufacturing executives, a reflective indicator of economic conditions, on May deficit of -3.2 and now a small rise to -2.1% is expected.

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

Happy forex trading