Very interesting day ahead of us, Housing Starts in Canada, Buba President Weber Speaks in Europe and much more. Let’s see what awaits us today. In Canada, Housing Starts, Annualized number of new residential buildings that began construction during the previous month; is about to rise by 4K. Leading indicator of economic health because building construction produces a wide-reaching ripple effect. In the US, Investor’s Business Daily (IBD), TechnoMetrica Institute of Policy and Politics (TIPP); Economic Optimism, Survey of about 900 consumers to rate the relative level of economic conditions. indicates optimism with 51.8 points. For more on USD/CAD, read the Canadian dollar forecast. In Europe, Deutsche Bundesbank President Axel Weber, Due to speak at the Bundesbank, in Frankfurt. ECB Governing Council members vote on where to set the Eurozone’s key interest rates Also in Europe, German Factory Orders, new purchase orders placed with manufacturers; is about to rise by 5.8%. For more on the Euro, read the EUR/USD forecast. In Great Britain, BOE Governor Mervyn King, due to speak at the Asian Business Association Annual Dinner, in London, As head of the central bank controls short term interest rates and influence the nation’s currency value. Read more about the Pound in the GBP/USD forecast. In Australia, Home Loans, new loans granted for owner-occupied homes; is about to reduce by 2/4% and it’s leading indicator of demand in the housing market – most homes are financed, so it provides an excellent gauge of how many qualified buyers are entering the market. More in Australia, Reserve Bank of Australia (RBA) Assistant Governor (Financial System) Dr. Philip Lowe; due to speak at the Australian Industry Group Forum, in Sydney. Finally in Australia, Westpac Consumer Sentiment, Survey of about 1,200 consumers to rate the relative level of past and future economic conditions. Is due to remain 1.9%. For more on the Aussie, read the AUD/USD forecast. In New Zealand, Real Estate Institute of New Zealand (REINZ), House Price Index (HPI), is due to remain 2.6%. selling price of all homes; leading indicator of the housing industry’s health because rising house prices attract investors and spur industry activity; In Japan, BOJ Governor Masaaki Shirakawa; due to deliver a speech titled “150 Years of Innovation: Facing Up to Challenges in Monetary Control” at the Goethe University, in Frankfurt. More in Japan, Core Machinery Orders, value of new private-sector purchase orders placed with manufacturers for machines, excluding ships and utilities; is about to rise by 1.1%. 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 EUR/USD Mar. 8 – Falling Back After Failed Breakout Yohay Elam 12 years Very interesting day ahead of us, Housing Starts in Canada, Buba President Weber Speaks in Europe and much more. Let's see what awaits us today. In Canada, Housing Starts, Annualized number of new residential buildings that began construction during the previous month; is about to rise by 4K. Leading indicator of economic health because building construction produces a wide-reaching ripple effect. In the US, Investor's Business Daily (IBD), TechnoMetrica Institute of Policy and Politics (TIPP); Economic Optimism, Survey of about 900 consumers to rate the relative level of economic conditions. indicates optimism with 51.8 points. For more on USD/CAD, read… 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.