After the dollar renewed its falls, a busy day expects the forex markets. The calendar is packed with events, including Retail Sales, PPI and a speech by Ben Bernanke. There are more important indicators in other parts of the world as well. Let’s see what’s up today: Australian Monetary Policy Meeting Minutes showed that a rate hike isn’t so close. Recovery has yet to prove itself. Australian Housing Starts were also Aussie-bearish, with a fall of 3.7%, contrary to an expected 2.1% rise. Swiss Industrial Production is expected to leap by 7.8%, after falling by 13.1% last time. The Swissy is doing quite well. USD/CHF is at new ground. For more on the Swissy, read the USD/CHF Outlook. In Europe, French CPI is expected to rise by 0.4%, after falling by the same scale last time. Later, the German ZEW Economic Sentiment is predicted to advance from 56.1 to 59.9 points. Also the all-European ZEW Economic Sentiment is released at the same time, and is also expected to improve. EUR/USD is now ready for the next move. For more on the Euro, read the EUR/USD Outlook. In Britain, CPI is expected to that prices are advancing more slowly – 1.4% instead of 1.8% (annually adjusted). Retail Price Index (RPI) is published at the same time, and is expected to show a continued fall in prices. Immediately afterwards, Inflation Report Hearings begin in parliament. Quotes regarding the currency markets could move the Pound. GBP/USD is still under 1.6660 at the time of writing. Where will it go? Check out the British Pound Outlook for more on GBP/USD. In Canada, Labor Productivity is expected to rise by 0.4% in the last quarter, following a previous rise. Later in Canada, BOC Deputy Governor John Murray will speak about the economic crisis. USD/CAD is looking for a direction. For more on the Canadian dollar, read the USD/CAD Outlook. In the US, there are lots of indicators today: Retail Sales are expected to rise by 1.9% – quite optimistic after last month’s drop. Also Core Retail Sales carry optimistic expectations, with an expected rise of 0.4% after falling by 0.6% last month. Producer Price Index, PPI, is expected to turn positive as well, and rise by 0.9% after falling by 0.9% last month. Core PPI is predicted to turn from a 0.1% drop to a 0.1% rise. The Empire State Manufacturing Index is also expected to advance, from 12.1 to 14.7 points. Business Inventories are expected to decline, but that’s also optimistic for the dollar – less stock means more demand and higher prices. Ben Bernanke will be speaking about the crisis in a speech in Washington. Will he warn the bankers, like Obama did yesterday? Will he hint about future policy? 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 Pounded by the King Yohay Elam 13 years After the dollar renewed its falls, a busy day expects the forex markets. The calendar is packed with events, including Retail Sales, PPI and a speech by Ben Bernanke. There are more important indicators in other parts of the world as well. Let's see what's up today: Australian Monetary Policy Meeting Minutes showed that a rate hike isn't so close. Recovery has yet to prove itself. Australian Housing Starts were also Aussie-bearish, with a fall of 3.7%, contrary to an expected 2.1% rise. Swiss Industrial Production is expected to leap by 7.8%, after falling by 13.1% last time. The Swissy… 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.