Services
Web Hosting Dedicated Servers Forex Investment Web Design Voice over IP
Products
Clothing & Fashion Mobile Phones Electronics eBooks & Info Music & Movies
Shopping
Agenzy.Com Shopping Shopping - UK Couponzy.com Shopping - EU Shopping Info
Blogs
Real Estate Fashion Technology Business News

US Dollar to Face Lower Volumes, GDP, Housing, Confidence, and FOMC Reports

November 23rd, 2009 by

Event risk in the coming week will be contained mostly to the US dollar, as NAR US existing home sales, revised US Q3 GDP, US consumer confidence, the FOMC meeting minutes, and US durable goods orders will all be released. Meanwhile, the British pound will encounter potential revisions to UK Q3 GDP, but the overarching theme for the week may lie more in price action as US markets will be closed on Thursday for the Thanksgiving holiday and will close early on Friday. As a result, volumes will be lower than usual and this may contribute to either flat price movements or extremely choppy trade.

Read the original here:
US Dollar to Face Lower Volumes, GDP, Housing, Confidence, and FOMC Reports

Share/Save/Bookmark

Posted in Foreign Exchange |

Leave a Comment

Please note: Comment moderation is enabled and may delay your comment. There is no need to resubmit your comment.