Daily Forex Tips – September 8th 2009 – 153th Edition
The GBP slid against a order cheap lasix number of currencies yesterday, as traders dropped the Pound for equities, as the global stock markets rallied. Additionally, in many cases, the EUR gained due to positive economic figures from Germany, Europe’s largest economy.
Both the EUR and GBP are expected to be at the forefront of trading today. These 2 currencies recorded very thin volume on Monday, due to the bank holidays in both the U.S. and Canada.
08:30 GMT: GBP – Manufacturing Production
• Measures the change in the total inflation adjusted value of output that is produced by manufacturers.
• Important to traders, as this release westernunion Alabama is one of the key indicators of the health of the economy.
• A higher than forecast result is likely to drive the GBP higher against its main currency crosses.
10:00 GMT: EUR – German Industrial Production
• This viagra buy measures the change in the total inflation adjusted value of output which is produced by manufacturers, mines and utilities.
• Important generic cialis overnight to forex traders, as this figure is a leading indicator of the health of the German and Euro-Zone economies.
• A better than forecast result is likely to lead the EUR to make big gains today.
By Forextvblog
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