We start the week with interesting events such as Existing Home Sales in the US, ECB President Trichet Speaks in Brussels and more. Let’s see what awaits us today. In the US, Existing Home Sales is about to reduce by 0.31M. It’s a leading indicator of economic health because the sale of a home triggers a wide-reaching ripple effect. For example, renovations are done by the new owners, a mortgage is sold by the financing bank, and brokers are paid to execute the transaction. For more on USD/CAD, read the Canadian dollar forecast. In Europe, European Central Bank (ECB) President Jean-Claude Trichet; due to testify on monetary policy before the European Parliament, in Brussels. Also in Europe, The Economic and Financial Affairs Council (ECOFIN) Meetings, is the Eurozone’s broadest financial decision making body. The council coordinates economic policies of the 27 member states, and their decisions can have a widespread effect on the Eurozone’s economic health. For more on the Euro, read the EUR/USD forecast In Great Britain, Rightmove House Price Index (HPI); the UK’s earliest report on housing inflation is due to remain 3.1%. Rising house prices attract investors and spur industry activity Read more about the Pound in the GBP/USD forecast. In New Zealand, Credit Card Spending that Measures the total spending facilitated with a credit card; is about to be 5.5%, and It’s correlated with consumer spending and confidence. 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 Impact of G7 yen intervention muted FxPro - Forex Broker 12 years We start the week with interesting events such as Existing Home Sales in the US, ECB President Trichet Speaks in Brussels and more. Let's see what awaits us today. In the US, Existing Home Sales is about to reduce by 0.31M. It's a leading indicator of economic health because the sale of a home triggers a wide-reaching ripple effect. For example, renovations are done by the new owners, a mortgage is sold by the financing bank, and brokers are paid to execute the transaction. For more on USD/CAD, read the Canadian dollar forecast. In Europe, European Central Bank (ECB) President… 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.
