Major events that have a significant impact on the trading of the pair GBP/USD for the week ending January 13^th, 2012 are as follows:

On Monday, In United States, member of Federal Open Market Committee, Dennis Lockhart addressed at a public event.

On Tuesday, January 10^th, 2012, British Retail Consortium will publish its report on UK’s retail sales. The country will also report industry data on house price balance while in United States, FOMC member John Williams and Sandra Pianalto will address at an event.

On Wednesday, January 11^th, government data on crude oil stockpiles will be released in United States while US Federal Reserve will publish its Beige Book. Moreover, FOMC member Dennis Lockhart will also address at an event. In United Kingdom, official data on country’s trade balance will be reported.

On Thursday, January 12^th, 2012, government report on manufacturing production in United Kingdom will be released. Moreover, the National Institute of Economic and Social Research will report its monthly expected figure for GDP while Bank of England will release its benchmark interest rate.

In United States, government data on retail sales and initial jobless claims will be reported. Moreover, official data on business inventories, future business spending and report on federal budget balance will also be released in US.

On Friday, January 13^th, several indicators will be released in United States which will include data on country’s trade balance, University of Michigan’s data on inflation expectations and consumer sentiment. In United Kingdom, official data on producer price input will be reported.

Major economic events that have significant affect on the trading of the British Pound and US dollar for the week ending December 9^th are as follows:

On Monday December 5^th, 2011, United States reported its official data on factory orders while Institute of Supply Management released its report on service sector activity.

On Tuesday, December 6^th, 2011, official data on retail sales will be published in United Kingdom.

On Wednesday, December 7^th, 2011, United Kingdom will report its official data on manufacturing and industrial production while the National Institute of Economic and Social Research will report its quarterly GDP estimate for UK. In United States, official data on crude oil inventories will be reported.

On Thursday, December 8^th, 2011, United States will publish its weekly report on initial jobless claims while in United Kingdom, Bank of England is expected to announce its benchmark interest rate.

On Friday, December 9^th, 2011, United Kingdom will report its official data on producer price inflation along with figure on the country’s trade balance. In United States, several reports will be published which include, data on trade balance and University of Michigan’s data on country’s inflation expectations and consumer sentiment.

Today on Tuesday, United States reported its industry data on house price inflation along with data on consumer confidence. In United Kingdom, official data on current account along with report on mortgage approvals was reported.

On Wednesday, In United States, official data on durable goods, new home sales and crude oil inventories will be published. In United Kingdom, official report on Industrial order expectations is to be released while Bank of England’s policy maker Adam Posen will publicly address at an event which will be closely watched to assess the future direction of the monetary policy.

On Thursday October 27^th, 2011,In United States several reports will be published including, data on third quarter gross domestic product, GDP price index, data on jobless claims and report on pending home sales. United Kingdom is to report its industry data on retail sales.

On Friday, October 28^th, United Kingdom will report its official data on consumer confidence while in United States reports on personal income, personal spending, employment costs and consumer prices will be published. Moreover data on consumer sentiment and inflation expectation will also be reported by University of Michigan.

List of major events that have significant affect on trading of British Pound for the week ending September 6^th, 2011 is as follows:-

Yesterday on Monday market remained closed in United States due to Labor Day Holiday while today Institute of Supply Management reported its service sector activity data. In United Kingdom, official data on retail sales was published.

On Wednesday September 7^th, 2011, official data on manufacturing production will be published in United Kingdom while UK’s National Institute of Economic and Social Research will report its monthly estimate of Gross Domestic Product.

In United States, US Federal Reserve will publish its Beige Book while Chicago Federal Reserve Bank’s President Charles Evans will address at a public event.

On Thursday September 8^th, 2011, Bank of England will release its benchmark interest in United Kingdom while in United States several reports will be published which include weekly data on initial jobless claims, data on crude oil inventories and country’s trade balance . Moreover, President Obama will make a speed to Congress on his plans to make country’s employment situation better.

On September 9^th, 2011, in United Kingdom several reports will be published which include data on producer price inflation and official data on country’s trade balance.

The US dollar weakened on Tuesday after disappointing US new home sales. As per it latest official data new home sales in United States declined to 312,000 for the last month as compared to 315,000 in prior month. The US dollar declined 0.49 percent versus the Japanese Yen to 77.90 at the end of the US session on Tuesday. The pair USD/JPY is expected to find support around 77.83 while its resistance could be seen at 79.02 level. The US dollar was down against is other major counterparts. The Pound Sterling exchange rates rose 0.84 percent to 1.6412 versus the greenback while Euro surged 0.90 percent to 1.4507 against the US dollar.

The pair EUR/USD is likely to find support at 1.4140 while its resistance could be seen at 1.4526. The euro also performed against other currencies and was up 0.11 percent to 0.8844 versus the British Pound while surged 0.43 percent to 113.03 against the Japanese Yen.

The British Pound also soared 0.85 percent versus the US dollar on Tuesday at the time of writing. The pair GBP/USD is expected to find support at 1.6122 while its resistance could be seen at 1.6429. The Pound Sterling was also up 0.39 percent to 127.91 versus the Japanese Yen.

The 17-nations shared currency reached its record low since 2009 as investors were uncertain whether the European official will be able to find the solution for Greece’s debt problems. The US dollar soared 2 percent versus the single currency as fears over euro zone’s sovereign debt problems rose. In the latest news Greece’s Prime Minister George Papandreou disclosed that there are chances that he would form a new government which is expected to result in hurdles in international aid for the country.

The dollar index DXY which measures the US dollar’s performance against its major six counterpart currencies surged to 75.630 as compared to 74.345 on Tuesday’s late trading hours.

The euro declined to1.4162 versus the greenback on Wednesday as compared to 1.4463 on Tuesday’s North American trading session. Wednesday’s fall is regarded as the biggest fall in a single day since March 2009.

The British Pound also witnessed selling pressure as investors were avoiding riskier assets. The Pound Sterling plunged to 1.6174 against the US dollar as compared to 1.6387 on late Tuesday. Most of the analysts believe that British Pound will follow the pattern of the euro.

Among other currencies the Australian dollar dropped to 1.0546 versus the US dollar on Wednesday as compared to 1.069 on Tuesday. The Australian currency dropped on the disappointing comments of Governor Royal Bank of Australia, Mr. Glenn Stevens.

As compared to the Japanese yen the US dollar gained to 80.95 on Wednesday as compared to 80.49 on Tuesday’s late trading hours.