Majors Daily Forecast 17 December 2009

USD/JPYTrading range: 90.35 - 89.45Trend: DownwardSell at 90.25 91 90.57 TP 89.53

GBP/USDTrading range: 1.6280 - 1.6165Trend: DownwardSell at 1.6267 SL 1.6299 TP 1.6179

USD/CHFTrading range: 1.0440 - 1.0550Trend: UpwardBuy at 1.0453 SL 1.0421 TP 1.0537

Today's Economic Calendar:Time GMT, Country, Indicator, Forecast, Prior

05:00 Jap Leading inds compos index Oct final 89.7 89.705:00 Jap Coincident inds compos index Oct final 94.3 94.309:30 UK Retail sales Nov - 0.4%09:30 UK Retail sales Nov Y/Y - 3.4%11:00 UK CBI retail sales volume balance Dec - 13%12:00 Can CPI Nov - -0.1%12:00 Can CPI Nov Y/Y - 0.1%12:00 Can CPI excluding food and energy Nov - 0.2%12:00 Can CPI excluding food and energy Nov Y/Y - 1.3%13:30 USA Jobless claims week to 12.12 - 474K15:00 USA Leading inds Nov - 0.3%15:00 USA Philadelphia Fed index Dec - 16.721:30 USA M2 money supply 07.12, bln -

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