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Categorized | Euro News

Economic Events to Affect the Trading of the Euro

Major economic events that have significant affect on the trading of the pair EUR/USD for the week ending March 23rd, 2012 are as under:

On Monday, March 19th, 2012, data on Italian industrial sales and orders was published while euro zone reported data on its current account and construction output. In United States, NAHB housing market index was released while US Federal Reserve official Dudley addressed at a public event in Long Island.

On Tuesday, March 20th, data on German producer prices was reported in euro zone. Switzerland produced its data on industrial production. In United States, report on housing starts and building permits was published while US Federal Reserve’s Chairman Ben Bernanke delivered as lecture at George Washington University.

On Wednesday, March 21st, United States will report its data on mortgage applications, existing home sales, crude oil inventories, distillates stockpiles and gasoline inventories by EIA.

On Thursday, March 22nd, data on Germany’s purchasing manger index for manufacturing sector and services sector will be released while a separate purchasing manager index will be released for the single currency region. The euro zone will also report its data on industrial new orders and consumer confidence.

In United States, data on initial jobless claims, continuing claims, leading indicators, house price index and natural gas inventories will be published. US Federal Reserve’s Chairman Ben Bernanke will deliver a lecture at George Washington University on Thursday.

On Friday, in euro zone, data on French purchasing manager index for manufacturing and services sector will be released. In United Sates, data on new home sales will be published while US Federal Reserve’s official Bullard will address at an investment conference in Hong Kong.

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