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Forex Daily Outlook – August 8 2011

We start the week with RICS House Price Balance in the UK and Monetary Policy Meeting Minutes in Japan as the main highlight on today’s outlook. Let’s see what awaits us today.

In Europe, Sentix Investor Confidence, leading survey of around 2,800 investors and experts to value the  financial outlook on the past 6-month, due to reduce from 5.3 points to 3.6 points.

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

In Great Britain, BRC Royal Institution of Chartered Surveyors (RICS) Sales Monitor, is about to rise to -25%. Meanwhile the BRC Retail Sales Monitor is about to remain -0.6%.

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

In Switzerland, Unemployment Rate, monthly measurement of the Percentage of the total work force that are looking for jobs, 3% is forecasted with no change from the previous month.

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

In Australia, ANZ Job Advertisements, monthly indicator to measure the number of jobs that were advertised in the main media, 3.7% is predicted similar to the last time.

For more on the Aussie, read the  AUD/USD forecast.

In Japan, Monetary Policy Meeting Minutes, full record of the BOJ Policy Board’s meeting, and provides info regarding the financial conditions that affected the interest rate.

More in Japan, Economy Watchers Sentiment, Monthly Survey of around 2,000 employees to value the present financial conditions, a small rise to 50.3 points is expected this month.

Finally in Japan, M2 Money Stock remains 2.9% with no change from the last month.

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

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