Wednesday, 30 June 2010

Major economic events for today 30.06.2010:

The UK Nationwide HPI m/m report will be released today at 6 a.m. GMT. On the previous release it did not change. This time the forecast is 0.3%. A higher number than the forecast would probably push the British pound in uptrend position against other major currencies on the market.

Another major event for today is the ADP Non-Farm Employment Change report. It will  be announced at 12:15 p.m. GMT. The forecast is 58K. If the actual number is higher than the forecast, then the report could be taken as positive for the US dollar.