this weeks eurusd analysis, page-25

  1. Yukondoit
    141 Posts.
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    15/02/11
    16:27
    Post #: 7895240
    Very true.

    8:30pm (Aus EST) - UK CPI. The mkt is expecting 4%. Anything over this and we should see GBP/USD strengthen toward the prospect of a rate rise possibly by Mar/April. If it falls below then the mkt will have to start re-adjusting it's thinking on a 25bp rise by June11.

    18:00 & 21:00(Aus EST) - German and Euro zone Qtr 4 qq and yy GDP figures respectively.

    00:30 (Aus EST) - US Core Retail figures. The mkt is expecting 0.6.

    Either way, I think there will be enough data tonight to provide us with some direction.
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