Forex Daily Outlook May 21 2012

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We began the week with the speech of FOMC Member Lockhart in Tokyo as the main highlight on today’s outlook. Let’s see what awaits us today.

In the US, Dennis Lockhart, Federal Reserve Bank of Atlanta President, is about to speak in Tokyo.

In Great Britain, Rightmove House Price Index (HPI), Value the homes sales price change on the passing month, no change is expected from April and 2.9% is due to remain.

Later in Great Britain, Adam Posen, External Bank of England (BOE) Monetary Policy Committee (MPC) Member is due to speak in Tokyo

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

In Switzerland, State Secretariat for Economic Affairs (SECO) Consumer Climate, Monthly households Survey to rate the relative level of historical and coming financial conditions, rise of 1 point is predicted to -18 points from April.

Read more about the Swiss franc in the USD/CHF forecast.

In New Zealand, Visitor Arrivals is due to remain 2.3% similar to the last month report.

More in New Zealand, Credit Card, correlated with consumer spending Anderson shows the total spending with credit cards; about to remain 5.2% like on April.

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

In Japan, All Industries Activity, they total value of businesses’ goods and service, is due to rise up by 0.1%.

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

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About Author

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

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