The dollar continues to weaken, especially after Bernanke’s speech. Today’s calendar is packed with CPI from Europe and the US, employment figures in Britain and many other releases. Let’s see what’s up for today. Although the dollar weakens, it doesn’t affect all currencies. Mervyn King sent the Pound down yesterday. On the other side of the channel, EUR/USD is continuing upwards. Casey Stubbs wrote a fresh technical analysis for EUR/USD. Australia’s MI Leading Index started the day with a 1.1 rise, and last month’s figure was revised upwards. In Switzerland, the strong Swiss Franc is expecting the Retail Sales publication. It’s expected to rise by 1%, after rising by 0.9% last month.Later on, the ZEW Economic Expectations are due. For more on the Swissy, read the USD/CHF Outlook. In Britain, the beaten Pound expects a major indicator today – Claimant Count Change. The rise in British unemployment claims is the earliest indicator of unemployment. After standing on 24.9K last month, it’s expected to stand on 24.7K this time. British Unemployment Rate is expected to rise from 7.8% to 8%. Although this is a late figure, it’s quoted by the media and impacts policymakers. The Average Earnings Index is expected to rise by 2.1%, after a 2.5% rise last time. For more on the British Pound, read the GBP/USD Outlook. It’s Europe’s turn for CPI. It’s expected to decline by 0.2%, after the same fall last month. Core CPI is expected to rise only 1.2%, less than last month’s 1.3%. For more on Euro’s week, read the EUR/USD Outlook. In Canada, Manufacturing Sales are expected to rise by 2.4%, and might help the loonie. Read more on USD/CAD. American Consumer Price Index is expected to rise by 0.3%, after being unchanged last time. Core CPI is expected to edge up by 0.1%, like last month. TIC Long-Term Purchases, representing cash flow, are expected to squeeze from 90.7 to 65 billion. This usually moves the dollar across the board. Also in the US: Current Account is predicted to show a smaller deficit this time, of “only” 92 billion. The Capacity Utilization Rate is expected to rise from 68.5% to 69.1%. Industrial Production is expected to rise by 0.7% after a 0.5% last month. Japan closes the day with two figures: BSI Manufacturing Index and the Tertiary Industry Activity which is expected to rise by 0.6%, after a 0.1% rise last month. That’s it for today. 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 Get Carried To Profits With The Carry Trade Yohay Elam 13 years The dollar continues to weaken, especially after Bernanke's speech. Today's calendar is packed with CPI from Europe and the US, employment figures in Britain and many other releases. Let's see what's up for today. Although the dollar weakens, it doesn't affect all currencies. Mervyn King sent the Pound down yesterday. On the other side of the channel, EUR/USD is continuing upwards. Casey Stubbs wrote a fresh technical analysis for EUR/USD. Australia's MI Leading Index started the day with a 1.1 rise, and last month's figure was revised upwards. In Switzerland, the strong Swiss Franc is expecting the Retail Sales publication.… Top 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.