Major economic factors to affect the trading of the pair GBP/USD for the week ending June 15th, 2012 are as follows:

On Monday, United Kingdom came up with data on employment confidence. In United States, US Federal Reserve’s officials, Lockhart and Williams gave an address on US economy in Chicago and San Francisco respectively.

On Tuesday, United States came up with data on import price index, NFIB small business optimism and economic optimism. US monthly budget statement was also presented while the US Fed’s official Tarullo spoke on shadow banking in San Francisco. In United Kingdom, data on industrial production and manufacturing production was produced along with gross domestic product growth rate.

On Wednesday, In United States, several reports will be published including data on MBA mortgage applications, advance retail sales, producer price index and business inventories. The Energy Information Administration is also expected to report its inventories report on crude oil, gasoline and distillates.

On Thursday, In the United States, data on initial jobless claims, current account balance, continuing claims, consumer price index and natural gas supplies data by EIA will be published. On Friday, United States will come up with data on long term TIC flows, manufacturing data, capacity utilization, industrial production and confidence index by University of Michigan while in United Kingdom, data on trade balance will be published.

Weekly outlook for the pair EUR/USD for the period ending June 15th, 2012 is as under:

On Monday, France reported its data on industrial production and manufacturing production in the euro zone. Italy also reported its official figures on gross domestic product. In United States, US Federal Reserve’s officials, Lockhart and Williams gave an address on US economy in Chicago and San Francisco respectively.

On Tuesday, June 12^th, 2012, France reported its data on non-farm payrolls while Germany published its outlook on manpower employment for the third quarter. The European Central Bank also released its financial stability review on Tuesday. United States came up with data on import price index, NFIB small business optimism and economic optimism. US monthly budget statement was also presented while the US Fed’s official Tarullo spoke on shadow banking in San Francisco.

On Wednesday, June 13^th, 2012, data on consumer price index is expected in the Germany while the euro zone is to release its data on industrial production. In United States, several reports will be published including data on MBA mortgage applications, advance retail sales, producer price index and business inventories. The Energy Information Administration is also expected to report its inventories report on crude oil, gasoline and distillates.

On Thursday, June 14^th, 2012, Germany will report its data on wholesale price index while Italy will produce its data on general government debt. Data on labor costs and consumer price index will be published for the euro zone while the European Central Bank will release its monthly report for June. In the United States, data on initial jobless claims, current account balance, continuing claims, consumer price index and natural gas supplies data by EIA will be published.

On Friday, June 15^th, in euro zone, data employment, trade balance and new cars registrations is expected. United States will come up with data on long term TIC flows, manufacturing data, capacity utilization, industrial production and confidence index by University of Michigan.

The US dollar gained versus its major rivals on Tuesday as the US Federal Reserve decided to keep its monetary policy unchanged in the wake of positive US economic data. The US Fed noticed the declining job market and housing sector but was also optimistic on positive business and household spending. US Federal Reserve’s officials decided to keep its interest rates at their low till late 2014 and also decided to keep its bond purchase programs unchanged.

The dollar index DXY which tracks the greenback’s performance against its six major rival currencies gained to 80.231 on Tuesday as compared to 79.869 on Monday’s North American trading session.

Despite better than expected Germany’s ZEW indicator for investor expectations, the single currency remained lower. The euro declined to 1.3065 against the US dollar on Tuesday as compared to 1.3153 on Monday’s late trading hours.

Among other currencies, the British Pound gained to 1.5693 on Tuesday as compared to 1.5636 on Monday. Traders were expecting that Bank of Japan would go for increase in interest rates to tackle its deflation however but on announcement of the central bank to keep its interest rate at 0% to 1% the greenback weakened in the Asian hours. Against the Japanese yen, the US dollar advanced to 83.03 on Tuesday as compared to 82.26 on Monday’s late trading hours. The Japanese yen has declined 7.5 percent against the US dollar in this year.

Major economic events to affect the trading of the British Pound for the week ending March 9th are as under:

On Monday, in United States, data on ISM non manufacturing composite was released along with data on factory orders. In United Kingdom reported its purchasing managers’ index along with official data on country’s reserves. In Australia, data on inflation was published. On Tuesday, United Kingdom reported data on house prices.

On Wednesday, United States will publish its data on mortgage applications, employment change by ADP, data on non-farm productivity, unit labor costs and data on crude oil, gasoline and distillates stockpiles by US Department of Energy. In United Kingdom, data on shop price index is to be released.

On Thursday, United States will report is weekly data on initial jobless claims and continuing claims. Data on consumer outlook and job cuts will also be published while EIA will release its data on natural gas inventories.

In United Kingdom, data on asset purchase target by Band of England will be released further the central bank will announce its decision of interest rate.

On Friday, in United States, data on average hourly earnings, household employment, underemployment rate, unemployment rate, change in manufacturing payrolls, private payroll, non-farm payrolls and country’s trade balance will be reported.

In United Kingdom, estimate on gross domestic production will be released along with data on country’s trade balance, producer price index, manufacturing production and industrial production.

List of major economic events to affect the trading of the pair EUR/USD for the week ending March 9th, 2012 are as under:

On Monday, data on French and Italian purchasing managers Index was published in the euro zone while single currency region published its separate data on purchasing managers index for services sector. The euro zone also reported its data on retail sales. In United States, data on ISM non manufacturing composite was released along with data on factory orders. On Tuesday, in euro zone, data on gross fixed capital, household consumption, gross domestic product and government expenditure was released.

On Wednesday, official data on German factory orders will be published in the euro zone. United States will publish its data on mortgage applications, employment change by ADP, data on non-farm productivity, unit labor costs and data on crude oil, gasoline and distillates stockpiles by US Department of Energy.

On Thursday, March 8^th, 2012, data on French non-farm payrolls, business sentiment and country’s trade balance will be reported in the euro zone. Germany is expected to release its data on industrial production. The European Central Banks will also announce its decision on its interest rate on Thursday,.

United States will report is weekly data on initial jobless claims and continuing claims. Data on consumer outlook and job cuts will also be published while EIA will release its data on natural gas inventories.

On Friday, March 9^th, 2012, Germany’s consumer price index, German trade balance, labor costs and current account will be reported in the euro zone. France will also report its data on industrial production and manufacturing production.

In United States, data on average hourly earnings, household employment, underemployment rate, unemployment rate, change in manufacturing payrolls, private payroll, non-farm payrolls and country’s trade balance will be reported.

List of major economic factors and events to affect the trading of the British Pound for the week ending February 17th is under:

On Tuesday, in United Kingdom, data on retail price index, consumer price index and house prices was reported. In United States, data on retail sales and import price index is to be reported while US Federal Reserve’s official Plosser was to address at an event in Newark.

On Wednesday, in United Kingdom, data on unemployment rate, weekly average earnings, jobless claims change and claimant count rate will be published while Bank of England will publish its inflation report. In United States several economic indicators and reports will be published which will include data on mortgage approvals, consumer price index, industrial production, capacity utilization, housing market index and EIA’s data on crude oil, gasoline and distillate inventories. US Federal Reserve will also release the minutes of its latest monetary policy meeting.

On Thursday, in United States, data on housing starts, continuing claims, building permits, producer price index and initial jobless claims will be reported. US Federal Reserve’s chairman Ben Bernanke will also address at an event in Arlington.

On Friday, in United Kingdom, data on retail sales will be published. United States will report its data on consumer price index while American Petroleum Institute will publish its monthly report.