The forex market is still shaking from the FOMC statement that beat the US dollar. Today, A speech by Ben Bernanke will be closely listened to. In addition, there are a few other important indicators. In Europe, Industrial Production is expected to fall by 3.8% after dropping 2.6% last month. A higher drop than expected could ease teh Euro’s gains. German PPI will be of interest – expcted to drop by 0.2%. In addition, Unemployment Rate in Italy will be watched. In Canada, Retail Sales and Core Retail Sales are major to the loonie. Expectations are positive: a rise of 0.8% in Retail Sales, and of 0.4% in the Core figure. A bad figure could stop the fall of the USD/CAD. At 16:00 GMT, Ben Bernanke, Chairman of the Federal Reserve, will speak about “The Financial Crisis and Community Banking“. This is the first speech he’ll give after shocking FOMC decision that spills money into the markets. This event, near the tiem that markets close, will close this mad week of price action in the forex market. Happy Forex Trading! 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 EUR/GBP Bounced on Resistance Line Yohay Elam 14 years The forex market is still shaking from the FOMC statement that beat the US dollar. Today, A speech by Ben Bernanke will be closely listened to. In addition, there are a few other important indicators. In Europe, Industrial Production is expected to fall by 3.8% after dropping 2.6% last month. A higher drop than expected could ease teh Euro's gains. German PPI will be of interest - expcted to drop by 0.2%. In addition, Unemployment Rate in Italy will be watched. In Canada, Retail Sales and Core Retail Sales are major to the loonie. Expectations are positive: a rise of… 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.
