By FXEmpire.com

Analysis and Recommendations:

The EUR/CHF dipped a bit closer to the SNB floor today, to close at 1.2008. This will be the last day that I report on this pair until there is a change in the status of the SNB. The pair remain locked within 4 pips since April6, 2012.

Starting this week, we will be adding the EUR/JPY, which is the first European/Asian currency that we will be tracking.

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 ourweekly reports.

Economic Data for June 20, 2012 actual. v. forecast

Date

Currency

Event

Actual

Forecast

Previous

JPY

Trade Balance

-0.66T

-0.36T

-0.51T

GBP

Average Earnings Index +Bonus

1.4%

0.8%

0.9%

GBP

Claimant Count Change

8.1K

-3.0K

-12.8K

USD

Interest Rate Decision

0.25%

0.25%

USD

FOMC Statement

USD

Fed Chairman Bernanke Speaks

Upcoming Economic Events that affect the CHF, EUR, GBP and USD

Date

Time

Currency

Event

Forecast

Previous

Jun 21

6:00

CHF

Trade Balance

1.33B

7:00

EUR

French Flash Manufacturing PMI

44.7

7:00

EUR

French Flash Services PMI

45.1

7:15

CHF

Industrial Production q/q

7.9%

7:30

EUR

German Flash Manufacturing PMI

45.2

7:30

EUR

German Flash Services PMI

51.8

8:00

EUR

Current Account

9.1B

8:00

EUR

Flash Manufacturing PMI

45.1

8:00

EUR

Flash Services PMI

46.7

8:30

GBP

Retail Sales m/m

-2.3%

10:00

GBP

CBI Industrial Order Expectations

-17

12:30

USD

Unemployment Claims

386K

13:00

USD

Flash Manufacturing PMI

54.0

14:00

USD

Existing Home Sales

4.62M

14:00

USD

Philly Fed Manufacturing Index

-5.8

Jun 22

8:00

EUR

German Ifo Business Climate

106.9

All Day

EUR

ECOFIN Meetings

13:00

EUR

Belgium NBB Business Climate

-11.2

Upcoming Government Bond Auctions

Date Time Country

Jun 21 08:30 Spain

Jun 21 08:50 France

Jun 21 09:30 UK

Jun 21 09:50 France

Jun 21 15:00 US

Jun 21 17:00 US

Jun 22 15:30 Italy

Jun 25 09:10 Norway

Jun 25 09:30 Germany

Jun 25 10:00 Belgium

Jun 25 15:30 Italy

Jun 26 00:30 Japan

Jun 26 08:30 Holland

Jun 26 08:30 Spain

Jun 26 09:10 Italy

Jun 26 09:30 UK

Jun 26 14:30 UK

Jun 26 17:00 US

Click here for further EUR/CHF Forecast.

Originally posted here