U.S. Durable Goods, New Home Sales and Federal Reserve Chairman Ben Bernanke’s speech in Princeton are just a few of the market moving events on our calendar today. Here is an outlook on the major activities ahead closing another trading week. In the US, Durable Goods Orders rose by 0.4% last month, however a 0.9% drop is expected now while Core durable goods orders, decreased by 3.7% last month expecting to recover with 0.9% rise. Later in the US, Federal Reserve Chairman Ben Bernanke delivers a speech titled “Implications of the Financial Crisis for Economics” at the Conference Co-sponsored by the Center for Economic Policy Studies and the Bendheim Center for Finance, in Princeton As head of the central bank his words have great effect on the currency and information on future monetary policy may be revealed. More in the US, New Home Sales resembling the existing home sales situation after dropping from 315K to 276K in the previous month 293K rise is expected now. Finally in the US, Federal Reserve Governor Elizabeth Duke deliver opening remarks at the Public Hearing on the Home Mortgage Disclosure Act, in Washington DC may effect currency and provide information on future monetary policy. In Europe, German Information and Forschung Business Climate based on a wide survey of 7,000 business reached 106.7 points last week a close figure of 106.3 is expected now . Also in Europe, Italian Retail Sales released monthly predicted 0.4% drop following 0.3% rise in the previous month the figures are very volatile and inconsistent. Later in Europe, German Import Prices experienced an unexpected drop of 0.2% in the previous month following months of rising figures. A 0.3% rise is expected now contributing to inflation in the German market. For more on the Euro, read the EUR/USD forecast and Casey Stubbs’ latest analysis. In Switzerland, Swiss National Bank Quarterly Bulletin is released has a mild impact in the market since the information is released two weeks earlier. In Japan, BOJ Governor Shirakawa Speaks at the financial forum organized by Kobe University, in Kobe according to his words the bank of Japan recognizes that Japan’s economy faces the critical challenge of overcoming deflation and returning to a stable growth path with price stability and may continue to provide monetary easing measures to attract investors. This could have considerable effect on the currency. That’s it for today. Happy forex trading! Want to see what other traders are doing in real accounts? Check out Currensee. It’s free. 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 Anat's Google Profile View All Post By Anat Dror Daily Look share Read Next CFTC Assuming Babysitter Role Yohay Elam 13 years U.S. Durable Goods, New Home Sales and Federal Reserve Chairman Ben Bernanke's speech in Princeton are just a few of the market moving events on our calendar today. Here is an outlook on the major activities ahead closing another trading week. In the US, Durable Goods Orders rose by 0.4% last month, however a 0.9% drop is expected now while Core durable goods orders, decreased by 3.7% last month expecting to recover with 0.9% rise. Later in the US, Federal Reserve Chairman Ben Bernanke delivers a speech titled "Implications of the Financial Crisis for Economics" at the Conference Co-sponsored by… 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.
