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Categorized | British Pound News

GBP/USD-Weekly Outlook

Significant factors to affect the trading of the pair GBP/USD for the week ending March 23rd, 2012 are as under:

On Monday, 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, in United Kingdom, data on retail price index and consumer price index was released. 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. In United Kingdom, data on public sector net borrowing and public finances will be released. Bank of England is expected to release the latest minutes of its monetary policy meeting.

On Thursday, 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. United Kingdom will report its data on retail sales.

On Friday, 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. In United Kingdom data on consumer confidence and house loans will be reported.

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