By FXEmpire.com
Analysis and Recommendations:
The EUR/CHF continues to trade in its tight range locked at 1.2010 today. We are bidding a fond farewell to this pair. Until the SNB makes some changes in the floor or there is a major move in the pair, we will be reporting on the EUR/JPY.
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 Releases for June 21, 2012 actual v. forecast
Date |
Currency |
Event |
Actual |
Forecast |
Previous |
Jun. 21 |
CNY |
Chinese HSBC Manufacturing PMI |
48.10 |
48.40 |
|
EUR |
French Manufacturing PMI |
45.3 |
44.5 |
44.7 |
|
EUR |
German Manufacturing PMI |
44.7 |
45.2 |
45.2 |
|
EUR |
Manufacturing PMI |
44.8 |
44.9 |
45.1 |
|
GBP |
Retail Sales (MoM) |
1.4% |
1.2% |
-2.4% |
|
GBP |
Retail Sales (YoY) |
2.4% |
2.0% |
-1.1% |
|
GBP |
CBI Industrial Trends Orders |
-11 |
-20 |
-17 |
|
Core Retail Sales (MoM) |
-0.3% |
0.2% |
0.3% |
||
CAD |
Retail Sales (MoM) |
-0.5% |
0.3% |
0.4% |
|
USD |
Initial Jobless Claims |
387K |
380K |
389K |
|
USD |
Continuing Jobless Claims |
3299K |
3275K |
3299K |
Upcoming Economic Events that affect the CHF, EUR, GBP and USD
Date |
Time |
Currency |
Event |
Forecast |
Previous |
Jun 22 |
8:00 |
EUR |
106.9 |
||
All Day |
EUR |
||||
13:00 |
EUR |
-11.2 |
Upcoming Government Bond Auctions
Date Time Country
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
Click here to read EUR/CHF Technical Analysis.
Originally posted here