Forex Daily Outlook March 26 2012
Daily Look

Forex Daily Outlook March 26 2012

We start the week with some interesting events like in the US Fed Chairman Bernanke Speaks as the main highlight on today’s outlook. Let’s see what awaits us today.

In the US, Ben Bernanke, Federal Reserve Chairman is about to speak in Arlington.

More in the US, Pending Home Sales, monthly report to rate the homes under contract for sale before closing transaction (not including new building), reduce is likely from 2.0% on February to 1.0% now.

In Canada, Mark Carney, Bank of Canada (BOC) Governor is about to speak in Quebec.

For more on USD/CAD, read the  Canadian dollar forecast.

In Europe, German Information and Forschung (Ifo) Business Climate, Monthly Survey to value the level of current business conditions and outlooks for the next 6 months, rise of 0.1 points is forecasted up to 109.7 points now.

More in Europe, Mario Dragh,i European Central Bank (ECB) President, is due to speak in Berlin.

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

In Great Britain, Bank of England (BOE) Quarterly Bulletin, quarterly report.

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

In New Zealand, Trade Balance, value the difference between imported and exported goods over the passing month; rise is predicted from -199M on February up to 154M now.

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

In Japan, Corporate Services Price Index (CSPI); consumer inflation indicator to value the corporations’ price change for services, further reduce of 0.1% is predicted from the last month down to -0.3%.

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

That’s it for today.

For more events later in the week, check out the Live Forex Calendar

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