The upcoming forex week has many interesting figures. Britain will get the limelight with lots of important releases: CPI, Nationwide HPI, Retail Sales and more. In the US, Core Durable Goods Orders and Home Sales will be major. Also note New Zealand’s GDP and the German Ifo Business Climate. Let’s see what’s due for us this week. Will the dollar’s fall resume? Will Europe join the Forex War? Monday, March 23rd: Japan starts the week with the quarterly BSI Manufacturing Index, which is expected to be negative, at -47.3. Later, European Trade Balance is expected to show a deficit of 1.9B. In the US, Existing Home Sales are expected to squeeze to 4.45 million, slightly lower than last month. Given last week’s not-so-bad housing data, it can be better. Has American housing reached a bottom? Tuesday, March 24th: Japan will start Tuesday as well, with the Monetary Policy Meeting Minutes. In Europe, French Consumer Spending will start the day. Afterwards, French, German, and all-European Flash Manufacturing PMI and Flash Services PMI will dominate the scene, predicted to be quite unchanged. The European Current Account will also be released and is expected to be negative. In Britain, CPI will be released and it’s expected to stand at 2.6% (annually adjusted). Shortly later the Inflation Report Hearings will also be published in the UK. Lots of news in Britain and in Europe on Tuesday. EUR/GBP might break resistance, after it bounced last week. American news will be dominated by a testament from Ben Bernanke. It will overshadow the HPI, expected to drop by 0.7%. Note a speech by BoE’s Mervyn King and influential MPC member David Blanchflower in Britain. And just before the end of the day, Japanese Trade Balance will be published. Expectations are for a deficit of 0.28 trillion. Wednesday, March 25th: Australia’s RBA Governor Glenn Stevens will start the day with a speech. In Europe, the German Ifo Business Climate is expected to stand at 82.2 points and will draw attention. In Britain, CBI Realized Sales are expected to further decline to -35. In the US, there are lots of figures: Durable Goods Orders and Core Durable Goods Orders are both expected to fall by about 2%. Later New Home Sales are expected to stay around last month’s figure of 309K. New Zealand will publish its Current Account, that is predicted to show a deficit of 4 billion. In Australia, the CB Leading Index is released just before the end of the day. Thursday, March 26th: In Europe, the GfK German Consumer Climate is widely expected to stay unchanged. In Britain, Nationwide HPI is expected to ease its decline and fall by 1.5%. Later in Britain, Retail Sales are expected to turn negative and fall by 0.3%. In the US, Unemployment Claims are expected to stay stable at 650K. Final GDP for the fourth quarter is expected to be revised downwards to a fall of 6.6% (annually adjusted). In New Zealand, there are two major releases: GDP is expected to show a contraction of 1.1%. Trade Balance is expected to be almost even, with a surplus of 26 million. In Japan, Tokyo Core CPI is expected to rise by 0.4% annually, almost unchanged. Japanese Retail Sales are predicated to plunge by 3.6%. Friday, March 27th: British Current Account is expected to show a deficit of 5.8 billion. Final GDP is probably going to be unchanged, showing negative growth of 1.5%. In Europe, Industrial New Orders are expected to fall by 6% (!). The Swiss KOF Economic Barometer is predicted to further decline, to -1.55. In America, Core PCE Price Index and Personal Spending aren’t expected to bring any big news. Near the end of the day, Revised UoM Consumer Sentiment is expected to be left almost unchanged, at 56.7. 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 Weekly Forex Forecasts share Read Next Forex Daily Outlook – March 23rd 2009 Yohay Elam 14 years The upcoming forex week has many interesting figures. Britain will get the limelight with lots of important releases: CPI, Nationwide HPI, Retail Sales and more. In the US, Core Durable Goods Orders and Home Sales will be major. Also note New Zealand's GDP and the German Ifo Business Climate. Let's see what's due for us this week. Will the dollar's fall resume? Will Europe join the Forex War? Monday, March 23rd: Japan starts the week with the quarterly BSI Manufacturing Index, which is expected to be negative, at -47.3. 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