Daily Forecast 5 November 2009
05 Nov, 2009 @ 03:19 am ET | written by iFOREX
EUR/USD
Trading range: 1.4865 - 1.4765
Trend: Downward
Sell at 1.4855 SL 1.4887 TP 1.4778
USD/JPY
Trading range: 90.65 - 89.70
Trend: Downward
Sell at 90.51 91 90.83 TP 89.79
GBP/USD
Trading range: 1.6540 - 1.6430
Trend: Downward
Sell at 1.6530 SL 1.6562 TP 1.6442
USD/CHF
Trading range: 1.0150 - 1.0255
Trend: Upward
Buy at 1.0160 SL 1.0128 TP 1.0244
Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior
09:30 UK Industrial production Sep - -2.5%
09:30 UK Industrial production Sep Y/Y - -11.2%
09:30 UK Manufacturing output Sep - -1.9%
09:30 UK Manufacturing output Sep Y/Y - -11.3%
10:00 EU 16 Retail sales Sep adjusted 0.2% -0.2%
10:00 EU 16 Retail sales Sep adjusted Y/Y -2.4% -2.6%
12:00 UK BoE meeting announcement 0.50% 0.50%
12:45 EU 16 ECB meeting announcement 1.00% 1.00%
13:30 EU 16 ECB press conference
13:30 USA Jobless claims week to 31.10 - 530K
13:30 USA Productivity Q3 preliminary 5.8% 6.6%
13:30 USA Unit labour cost Q3 preliminary - -5.9%
21:30 USA M2 money supply 26.10, bln - +26.4
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