The week ends with relatively light calendar. with major events coming mostly from Canada. Let’s see what’s up for today: Is EUR/USD starting the fall? It’s still in a range, but fails to reach higher ground again and again. I think it’ll drop soon. What do you think? German PPI starts the day with an expected rise of 0.1%, after a 0.8% rise last month. Later in Europe, Jean-Claude Trichet, president of the ECB, will speak in Brussels. For more on the Euro, read the EUR/USD forecast. In Britain, BOE Deputy Governor Paul Tucker will speak in just after Trichet, and might shake the Pound. Despite excellent employment figures earlier this week, GBP/USD couldn’t hold above 1.5350, a critical level. For more technical levels, read the GBP/USD forecast. Moving to Canada, CPI is expected to rise b 0.4%, after last month’s 0.3% rise. Core CPI, which is an important figure for policymakers, is predicted to rise by 0.3% after edging up by 0.1% last month. Stronger figures are necessary for a rate hike. Later in Canada, retail sales are also expected to advance steadily, by 0.6%, faster than last month’s 0.4% rise. Core retail sales are expected to rise by 0.5%. USD/CAD is getting close to parity… 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 Forex Links for the Weekend Yohay Elam 13 years The week ends with relatively light calendar. with major events coming mostly from Canada. Let's see what's up for today: Is EUR/USD starting the fall? It's still in a range, but fails to reach higher ground again and again. I think it'll drop soon. What do you think? German PPI starts the day with an expected rise of 0.1%, after a 0.8% rise last month. Later in Europe, Jean-Claude Trichet, president of the ECB, will speak in Brussels. For more on the Euro, read the EUR/USD forecast. In Britain, BOE Deputy Governor Paul Tucker will speak in just after Trichet,… 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.
