Tuesday, August 4, 2009

Forex Blog by FOREXYARD


This is the first weekly prediction of this month, so I recommend that you read my subsequent articles from now on. Today, we saw the British Pound soar against most of its major currency pairs. Monday’s GBP rally was ignited by the ISM Manufacturing PMI that was published from the U.S at 14:00 GMT. The immediate result was an abandonment of the safe-haven USD.

Current Time: 08/04 11:47 GMT
DateTime$€£¥EventPer.Prev.Fore.Act.Imp.
08/0412:30USD+ Core PCE Price Index m/m0.1%0.2%-3

12:30USD+ Personal Spending m/m0.3%0.3%-3

12:30USD+ Personal Income m/m1.4%-0.9%-1

13:30USD+ FOMC Member Tarullo Speaks
***3

14:00USD+ Pending Home Salesm/m0.1%0.6%-5

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