Ben Bernanke will dominate the scene today with a testimony in Washington. There are lots of other important events from all over the world. Let’s see what’s up for today. At the time of writing, EUR/CHF is still at an all time low, under 1.43. A massive intervention by the Swiss National Bank can happen anytime now. OK, let’s start the review: Federal Reserve Governor Donald Kohn will start the day with a speech about monetary policy. Later, Federal Reserve Bank of Cleveland President Sandra Pianalto will also speak in a conference. Will they hint about the rates? These will be a warm up for the main speaker of the day: Ben Bernanke. In his testimony in front of House Financial Services Committee, Bernanke will speak about the exit strategies of the bank. This testimony, starting at 14:00 GMT, will include tough questions and will case volatility for many hours. Later, also US Treasury Secretary Timothy Geithner will speak before a committee in Washington and might move the markets as well. American Unemployment Claims are predicted to drop for the fourth month in a row – from 457K to 453K, giving hope for a positive NFP. In Australia, the RBA Financial Stability Review will probably show satisfying stability, and will support the Aussie. Later, RBA governor Glenn Stevens will speak in a conference and could shake AUD/USD. The CB Leading Index can also have an impact on the Aussie – it’s expected to rise. For more on the Australian dollar, read the AUD/USD forecast. The struggling Euro will receive three indicators today: GfK Consumer Climate from Germany is predicted edge down from 3.2 to 3.1 points. In Europe’s second largest economy, France, Consumer Spending dropped by 2.7% last month, and is now predicted to rise by 0.3%. The last indicator is the M3 Money Supply. The amount of money in circulation stopped rising, indicating ongoing deflation. It’s predicted to squeeze by 0.1% this time. For more on the Euro, read the EUR/USD forecast and Casey Stubbs’ latest analysis. In Britain, Retail Sales are predicted to rise by 0.6% after dropping by 1.8% last month. This should help stabilize the volatile Pound. Read more on the British Pound in the GBP/USD forecast. In New Zealand, Trade Balance is expected to show a smaller surplus – 242 million. NZD/USD is around 0.70. Japanese Tokyo Core CPI has the strongest impact of all inflation figures. A small improvement, from a drop of 1.8% to a drop of 1.7% is predicted this time. 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 Expert score 5 Etoro - Best For Beginner & Experts0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 5 Read Review Open My Free Account Your capital is at risk. Daily Look share Read Next GBP/JPY at Crossroads Yohay Elam 12 years Ben Bernanke will dominate the scene today with a testimony in Washington. There are lots of other important events from all over the world. Let's see what's up for today. At the time of writing, EUR/CHF is still at an all time low, under 1.43. A massive intervention by the Swiss National Bank can happen anytime now. OK, let's start the review: Federal Reserve Governor Donald Kohn will start the day with a speech about monetary policy. Later, Federal Reserve Bank of Cleveland President Sandra Pianalto will also speak in a conference. Will they hint about the rates? 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