The list of events that could affect the trading of the euro in the current week is as follows:-
The US markets remained closed on Monday due to President’s Day holiday whereas in official data on manufacturing and services sector was published in euro zone. Germany and France also reported their manufacturing and services data separately.
Today on February 22nd a report on German consumer climate is to be published by Gfk a research group. In United States official data on consumer confidence will be reported by Conference Board while industry report on house prices will also be published. Data on manufacturing activity in Richmond is also to be published on Tuesday.
On February 23rd, 2011 official report on industrial new orders will be published in United Kingdom while United States will report is data on existing home sales.
On February 24th, 2011 United States will report data on durable goods and jobless claims as well as official report on new home sales. In euro zone Germany will report its fourth quarter
On Friday February 25th, 2011 the preliminary data on fourth quarter’s gross domestic product is to be reported by United States, moreover report on consumer sentiment and inflation expectations will also be published by University of Michigan.
Germany will report its initial data on consumer price inflation on Friday while France is expected to publish its report on consumer spending. In euro zone ECB is will report data on M3 money supply and private lending.
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Daily forex trading news written by Rehan from DailyForexTrade.com
