Major factors to affect the trading of the pair GBP/USD for the week ending September 7th, 2012 are as follows:

On Monday, September 3^rd, markets remained closed in United in observance of Labor Day while United Kingdom reported its data on purchasing managers’ index and Lloyds Business barometer.

On Tuesday, United States came up with data on purchasing managers’ index and construction spending. Institute of Supply and Management and also released its manufacturing data and figure on prices paid. United Kingdom published its figure on purchasing managers’ index for services & construction sector along with data on house prices.

On Wednesday, data on vehicle sales, MBA mortgage applications, unit labor costs and non-farm productivity will be published in United States while United Kingdom will report its data on PMI for services and official reserves.

On Thursday, in United States, official data on job cuts, consumer outlook index, employment change, initial jobless claims, continuing claims and manufacturing data by Institute of Management and Supply will be published. Moreover, the Energy Information Administration will release its weekly inventories report on crude oil, gasoline, distillates and natural gas. In UK, the Bank of England is expected to announce its interest rate decision and asset purchase target.

On Friday, in United States, data on change in manufacturing payrolls, full time employment change, unemployment rate, average hourly earnings, change household employment, underemployment rate, change in private payrolls and change in average hourly earnings is to be released. In United Kingdom data on industrial production, manufacturing production and producer price index will be reported.

Important economic events to affect the pair EUR/USD for the week ending September 7th, 2012 are as follows:

On Monday, September 3^rd, markets remained closed in United in observance of Labor Day while in euro zone, Italy, Germany and France reported their data on purchasing managers’ index for manufacturing sector while a separate PMI was released for the single currency region.

On Tuesday, September 4^th, 2012, data on producer price index was released in the euro zone while United States came up with data on purchasing managers’ index and construction spending. Institute of Supply and Management and also released its manufacturing data and figure on prices paid.

On Wednesday, data on vehicle sales, MBA mortgage applications, unit labor costs and non-farm productivity will be published in United States while in the euro zone, Italy, France and Germany will release its figures on purchasing managers’ index for services sector while a separate PMI for services sector will be released for the euro zone. The single currency region will also publish its data on retail sales.

On Thursday, September 6^th, 2012, data on gross domestic product, household consumption, government expenditure and gross fixed capital will be released in the euro zone while the European Central Bank will announce its interest rate decision. Germany will also report data on its factory orders. In United States, official data on job cuts, consumer outlook index, employment change, initial jobless claims, continuing claims and manufacturing data by Institute of Management and Supply will be published. Moreover, the Energy Information Administration will release its weekly inventories report on crude oil, gasoline, distillates and natural gas.

On Friday, September 7^th, 2012, Germany is expected to report its data on wholesale price index, trade balance, labor costs, current account, imports, exports and industrial production. In United States, data on change in manufacturing payrolls, full time employment change, unemployment rate, average hourly earnings, change household employment, underemployment rate, change in private payrolls and change in average hourly earnings is to be released.

The greenback surged on Tuesday against its major rivals in reaction to positive manufacturing index by Institute of Supply and Management. ISM’s manufacturing index gained to 54.8 percent in the Month of April. While among Australian dollar turned out to be one of the biggest losers as the Reserve Bank of Australia went for a huge interest rate cut.

The ICE dollar index DXY which tracks the US dollar’s performance versus its six major rival currencies gained to 78.829 on Tuesday as compared to 78.779 on Monday’s North American trading session.

The euro also declined to 1.3203 on Tuesday against the US dollar as compared to 1.3239 on Monday’s late trading hours.

The British Pound fell to 1.6225 against the greenback on Tuesday as compared to 1.6233 on late Monday. Against the Japanese yen the US dollar gained to 80.20 on Tuesday as compared to 79.82 on Monday’s late trading hours.

The Australian dollar fell to 1.0335 versus the US dollar on Tuesday as compared to 1.0420 on late Monday. The Australian dollar plunged in reaction to massive cut in key interest rate by Reserve Bank of Australia. Currently the key interest rate in Australia stands at 3.75 percent.

Major economic events to affect the trading of the pair GBP/USD for the week ending April 6th, 2012 are as under:

On Monday, In United Kingdom, data on purchasing managers’ index, Lloyds Business Barometer and hometrack housing survey was released while Bank of England reported data on housing equity withdrawal. In United States, data on construction spending, unemployment rate, ISM manufacturing and ISM prices paid was reported while US Federal Reserve’s official Pianalto addressed at an event in Ohio regarding US monetary policy.

Today on Tuesday, data on producer price index was reported in the euro zone while United States published its data on factory orders and ISM for New York. Minutes of latest FOMC meeting were also expected in United States today. In United Kingdom, data on purchasing manager index for construction sector was released.

On Wednesday, United Kingdom is to report its official figure on country’s reserves along with data on BRC shop price index and purchasing managers’ index for services sector. In United States, data on domestic vehicle sales, MBA mortgage applications, employment change by ADP, ISM non manufacturing index and data on crude oil, gasoline and distillates inventories by EIA will be published.

On Thursday, in United States, several economic indicators will be published which will include, challenger job cuts, data on initial jobless claims, continuing claims and data on natural gas supplies by EIA. In United Kingdom, data on Halifax house price, manufacturing production and industrial production is expected while the Bank of England will report its assets purchase target and interest rate decision. In England estimate on gross domestic production will be also published by NIESR.

On Friday, April 6^th, United States will report its data on unemployment rate, change in household employment, average hourly earnings, change in manufacturing payrolls, change in private payrolls, change in non-farm payrolls and consumer credit.

List of major economic events to affect the trading of the pair EUR/USD for the week ending April 6th, 2012 are as under:

On Monday, April 2^nd, purchasing managers’ index for Italy, Germany and France was released in euro zone while the single currency region published its separate report on unemployment rate. Italy also reported its data on new car registration and budget balance. In United States, data on construction spending, unemployment rate, ISM manufacturing and ISM prices paid was reported while US Federal Reserve’s official Pianalto addressed at an event in Ohio regarding US monetary policy.

Today on Tuesday, data on producer price index was reported in the euro zone while United States published its data on factory orders and ISM for New York. Minutes of latest FOMC meeting were also expected in United States today.

On Wednesday, April 4^th, 2012, purchasing managers’ index for services sector will be released in Germany, France and Italy while the a separate figure of PMI for composite and services sector will be released in the euro zone. Germany is to report its data on Factory orders while Italy will publish its deficit to GDP ratio. Moreover, data on retail sales is also expected in the euro zone.

In United States, data on domestic vehicle sales, MBA mortgage applications, employment change by ADP, ISM non manufacturing index and data on crude oil, gasoline and distillates inventories by EIA will be published.

On Thursday, April 5^th, data on German industrial production will be reported in the euro zone while in United States, several economic indicators will be published which will include, challenger job cuts, data on initial jobless claims, continuing claims and data on natural gas supplies by EIA.

On Friday, April 6^th, United States will report its data on unemployment rate, change in household employment, average hourly earnings, change in manufacturing payrolls, change in private payrolls, change in non-farm payrolls and consumer credit.

Important factors that can affect the movement of British Pound against the US dollar for the week ending March 16th, 2012 are as follows:

On Monday, in United States, monthly budget statement was published. United Kingdom reported its data on employment confidence. On Tuesday, in United Kingdom, data on country’s trade balance and house prices was reported along with data on house prices. In United States, data on retail sales and business inventories was reported while NFIB released its data on Small Business Optimism. IBD/TIPP released its data on economic optimism in US. Moreover, US Federal Open Market Committee announced its rate decision.

On Wednesday, in United States, data on mortgage applications, import price index, current account balance and inventories data by US Department of Energy is to be released. Moreover, US Federal Reserve’s Chairman Ben Bernanke will address to community bankers in Nashville which will be closely watched to get hints for future direction of monetary policy. In United Kingdom, data on unemployment rate, average weekly earnings, jobless claims change and claimant count rate will be published.

On Thursday, in United States, data on producer price index, initial jobless claims, continuing claims, TIC flows and natural gas inventories data by Energy Information Administration will be published.

On Friday, in United States, data on consumer price index, industrial production and capacity utilization will be released.