Tuesday, May 29, 2012

FOREXYARD: Forex News Blog

FOREXYARD: Forex News Blog

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Market Review 28.5.12

Posted: 28 May 2012 01:48 AM PDT

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The euro was able to stage a recovery against several of its main currency rivals during overnight trading due to Greek polls that showed pro-austerity political parties making gains ahead of elections next month.

This week, traders will want to monitor a batch of news out of the US, including the all-important Non-Farm Payrolls figure on Friday. Any better than expected data could help the USD against the euro and Japanese yen.

Main News for the Week

Monday
• Bank holidays in US, France, Germany and Switzerland
Tuesday
• US CB Consumer Confidence-14:00 GMT
Wednesday
• Italian 10-y Bond Auction
• US Pending Home Sales-14:00 GMT
Thursday
• US ADP Non-Farm Employment Change-12:15 GMT
• US Prelim GDP-12:30 GMT
• US Unemployment Claims-12:30 GMT
• EU Irish Stability Treaty Vote
Friday
• UK Manufacturing PMI-08:30 GMT
• US Non-Farm Employment Change-12:30 GMT
• US Unemployment Rate-12:30 GMT
• US ISM Manufacturing PMI-14:00 GMT

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1 comment:

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