By FXEmpire.com
Analysis and Recommendations:
The EUR/GBP opened the week at 0.8079 and climbed to 0.8086 moving in a very close range like most the currency markets today.
Today was void of major eco data and very little local or regional data, nothing to move the markets, and the political turmoil seemed to quiet down. The euro traded was up as investors were a bit more confident after statements from the G8 over the weekend, not enough to cause any market shifts but enough to give a little play to the euro.
FxEmpire provides in-depth analysis for each currency and commodity we review. Fundamental analysis is provided in three components. We provide a detailed monthly analysis and forecast at the beginning of each month. Then we provide more up to the data analysis and information in our weekly reports.
Economic Data May 21, 2012 actual v. forecast
|
Date |
Time |
Currency |
Importance |
Event |
Actual |
Forecast |
Previous |
|
May 21 |
00:01 |
GBP |
0.0% |
2.9% |
|||
|
06:45 |
CHF |
-8 |
-15 |
-19 |
Upcoming Economic Events that affect the CHF, EUR, GBP and USD
|
May 22 |
8:30 |
GBP |
3.5% |
|
|
8:30 |
GBP |
15.9B |
||
|
8:30 |
GBP |
3.6% |
||
|
TBD |
GBP |
|||
|
14:00 |
USD |
4.48M |
||
|
May 23 |
8:00 |
EUR |
-1.3B |
|
|
8:30 |
GBP |
0-0-9 |
||
|
TBD |
EUR |
-1.2% |
||
|
10:00 |
GBP |
-8 |
||
|
TBD |
GBP |
|||
|
14:00 |
USD |
328K |
||
|
14:30 |
USD |
Government Bond Auctions (this week)
Date Time Country
May 22 08:30 Holland
May 22 08:30 Spain
May 22 17:00 US
May 23 09:10 Sweden
May 23 09:30 Germany
May 23 14:30 Sweden
May 23 17:00 US
May 24 15:30 Italy
May 24 17:00 US
May 25 15:30 Italy
Click here for further EUR/GBP Forecast.
Originally posted here
