By FXEmpire.com
Analysis and Recommendations:
The EUR/GBP is trading at 0.7846 dropping a couple points in a very quiet day. There was only the Rightmove House Price Index which continued to decline, out of the UK and nothing in the eurozone today as to data.
Rumors of new ECB programs saw the EUR rally a bit and then fall back to its earlier prices.
That is it for the day. The end of European vacation season is coming near and the September season of madness is almost upon us so traders are taking a breather.
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 August 20, 2012 actual v. forecast
A very lite day
|
Aug. 16 |
NZD |
PPI Input (QoQ) |
0.6% |
-0.2% |
0.3% |
||
|
Aug. 17 |
USD |
Michigan Consumer Sentiment |
73.6 |
72.4 |
72.3 |
||
|
Aug. 20 |
GBP |
Rightmove House Price Index (MoM) |
-2.4% |
-1.7% |
|||
Upcoming Economic Events that affect the CHF, EUR, GBP and USD
|
Date |
Time |
Currency |
Event |
Previous |
|
Aug 22 |
14:00 |
USD |
4.37M |
|
|
14:30 |
USD |
-3.7M |
||
|
18:00 |
USD |
|||
|
Aug 23 |
6:00 |
CHF |
2.25B |
|
|
7:00 |
EUR |
43.4 |
||
|
7:00 |
EUR |
50.0 |
||
|
7:30 |
EUR |
43.0 |
||
|
7:30 |
EUR |
50.3 |
||
|
8:00 |
EUR |
44.0 |
||
|
8:00 |
EUR |
47.9 |
||
|
8:30 |
GBP |
26.3K |
||
|
10:00 |
GBP |
11 |
||
|
12:30 |
USD |
366K |
||
|
13:00 |
USD |
51.4 |
||
|
14:00 |
USD |
350K |
Click here for further EUR/GBP Forecast.
Originally posted here
