Trading the News: U.K. GDP
What’s Expected:
Time of release: 07/26/2011 8:30 GMT, 4:30 EST
Primary Pair Impact: GBPUSD
Expected: 0.1%
Previous: 0.5%
DailyFX Forecast: -0.2% to 0.2%
Why Is This Event Important:
Economic activity in the U.K. i
Trading the News: U.K. Retail Sales
What’s Expected:
Time of release: 07/21/2011 8:30 GMT, 4:30 EST
Primary Pair Impact: GBPUSD
Expected: 0.5%
Previous: -1.6%
DailyFX Forecast: 0.0% to 0.6%
Why Is This Event Important:
Retail spending in the U.K. i
20 Jul
Posted by: Bethany Colton in: Forex News
Eur/SekThe market recovery out from 8.70 remains intact despite the latest minor pullback and we look for a fresh higher low above 9.00 ahead of the next upside extension towards the 9.30-50 area further up. Weekly studies are looking even more constructive potentially with the formation of a major base. Ultimately, only back below 9.00 would give reason for concern.
Usd/SekThe market looks to be in the process of a major structural shift, with the latest break back above the 6.40 area confirming a fresh higher low by 6.15 and exposing eventual gains towards 7.00 over the coming days.
Trading the News: U.K. Jobless Claims Change
What’s Expected:
Time of release: 05/18/2011 8:30 GMT, 4:30 EST
Primary Pair Impact:GBPUSD
Expected: 0.0K
Previous: 0.7K
DailyFX Forecast: -1.0K to 2.0K
Why Is This Event Important:
U.K. j