Wednesday features a nice bunch of releases: British Meeting Minutes, Canadian CPI and the FOMC’s Meeting Minutes will dominate today’s trading. And there’s more… In Australia, Westpac Consumer Sentiment is a good indicator for the economy. It went up by 8.3% last time. Will it continue rising? Also in Australia, Wage Price Index is expected to continue rising, this time by 0.8%. In Europe, German PPI is expected to signal deflation and fall by 0.2%. If this happens, it’ll at least be less than last time. British MPC Meeting Minutes are due today. They’ll explain what was behind the expansion of the Quantitative Easing plan. Read more on the how the Pound can move higher this week. Also in Britain, CBI Industrial Order Expectations are predicted to be negative, at -50. In Switzerland, ZEW Economic Expectations will be released. The “Zentrum fur Europaische Wirtschaftsforschung” will move the Swissy. In Canada, CPI is expected to rise by 0.2%, exactly like last month, while Core CPI is expected to move upwards by only 0.1%. Read more on this important week for the loonie. Also not the Crude Oil Inventories in the US, which has a direct impact on the USD/CAD. In the US, Treasury Secretary Timothy Geithner will testify at the Senate. He might slip something out… Later in the US, the FOMC Meeting Minutes might shed some light on the Federal Reserve’s hope for recovery. I still claim that the road to recovery is narrow. Just before midnight GMT, Tertiary Industry Activity will be published in Japan. In the land of the rising sun, there are still too many clouds. It’s expected to fall by 1.5%. 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 Forex Daily Outlook – May 21st 2009 Yohay Elam 14 years Wednesday features a nice bunch of releases: British Meeting Minutes, Canadian CPI and the FOMC's Meeting Minutes will dominate today's trading. And there's more... In Australia, Westpac Consumer Sentiment is a good indicator for the economy. It went up by 8.3% last time. Will it continue rising? Also in Australia, Wage Price Index is expected to continue rising, this time by 0.8%. In Europe, German PPI is expected to signal deflation and fall by 0.2%. If this happens, it'll at least be less than last time. British MPC Meeting Minutes are due today. They'll explain what was behind the expansion… 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.