Tuesday 12th January 2010

The British Retail Consortium confirmed that retail sales rose by 4.2% in December, above the expected 2.5%. Whilst this was positive, the negative news coming out of RICS was that the proportion of surveyors reporting higher prices eased for the first time in 11 months. This has left Sterling trading at 2010 lows against the Euro, and lighter against the USD.

GBPUSD

Market News

  •  Standard and Poors affirmed their A+ long term rating on China
  •  Alcoa released results after the closing bell, and disappointed markets coming in below expectations. They traded 5% lower, which may impact on Dollar

Major Economic News

TIME

MARKET DATA

1330

Trade Balance Data

Forex Trader Library
Receive over 15 hours (8 CD's) of our best Forex trading education in one package! Containing the newest Advanced Forex CD, this education pack focuses on exactly what you need to know to become a successful Forex Trader.