Major economic events to affect the trading of pair GBP/USD for the week ending May 25th, 2012 are as under:

On Monday, United States released its Chicago Fed’s Nat Activity index while US Federal Reserve’s official Lockhart addressed at event in Tokyo regarding the direction of the US monetary policy. In United Kingdom, data on Rightmove house prices was reported.

On Tuesday, In United States data on existing home sales was published while Richmond’s Federal Reserve released its manufacturing index. In United Kingdom, data on consumer price index, retail price index, public sector borrowing, public finances and house prices was published.

On Wednesday, in United States, data on house price index, retail sales, mortgage applications and new home sales will be published. The Energy Information Administration will also release its weekly report on crude oil, gasoline and distillates inventories. US Federal Reserve’s official Kocherlakota will address at an event in South Dakota will be closely monitored by traders. Canada is expected to release its official data on retail sales and index of leading economic indicators.

In United Kingdom, data on Trends total orders and selling prices will be reported while the Bank of England will release the minutes of its latest monetary policy meeting.

On Thursday, United States is expected to release its data on durables goods orders, weekly data on initial jobless claims, continuing claims and manufacturing activity index by Kansas City’s Federal Reserve. Energy Information Administration is also expected to release data on natural gas supplies.

In United Kingdom, several economic indicators will be released including, data on exports & imports, total business investment, government spending, index of services, gross fixed capital formation, private consumption, retail sales, gross domestic product and data on BBA loans for house purchase.

On Friday, United States is expected to come up with its University of Michigan’s index.

On Monday, markets in United States remained closed in observance of the President’s Day. In United Kingdom data on house prices was published.

Today on Tuesday, In United States, Chicago Fed Nat Activity Index was released. In United Kingdom data on public sector net borrowing and public finances was reported.

On Wednesday, In United Kingdom, the Bank of England will release the minutes of its latest monetary policy meeting. United States will report its data on mortgage approvals and existing home sales.

On Thursday, February 23^rd, several reports will be published in United States which will include weekly data on initial jobless claims, continuing claims, house price index, data on crude oil supplies and Kansas City Fed Manufacturing activity. In United Kingdom, data on loans for house purchase will be reported.

On Friday, In United States data on new home sales will be released while University of Michigan will release its report on consumer confidence. In United Kingdom, data on gross domestic product, government spending, total business investment and trade balance is expected.

Major factors to affect the trading of the pair EUR/USD for the week are as follows:

On Monday market in USA remained closed in observance of the Presidents’ Day.

Today on Tuesday, In United States, Chicago Fed Nat Activity Index was released. In euro zone data on consumer confidence was published. Switzerland reported its official data on country’s trade balance and Money Supply M3.

On Wednesday, February 22^nd, 2012, German purchasing manager index for manufacturing and services sector will be reported in euro zone while a separate report on PMI for manufacturing and services sector will be reported for the single currency region. Data on industrial new orders will also be released in the euro zone. United States will report its data on mortgage approvals and existing home sales.

On Thursday, February 23^rd, several reports will be published in United States which will include weekly data on initial jobless claims, continuing claims, house price index, data on crude oil supplies and Kansas City Fed Manufacturing activity.

In euro zone, data on business climate and current assessment by German IFO institute will be reported.

On Friday, Germany will report its data on gross domestic product, private consumption, capital investment, exports and imports, government spending and gross fixed capital formation. In United States data on new home sales will be released while University of Michigan will release its report on consumer confidence.

List of major events which have significant impact over the trading of euro for the week ended August 5^th, 2011 are as follows.

On Monday August 1^st, 2011, official data on unemployment rate was reported in euro zone while in United States, Institute of Supply Management released the data on manufacturing index which fell to 50.0 as compared to analysts’ expectations of 55. In Canada and Australia markets remained closed for national holidays.

On Tuesday August 2^nd, 2011, official report on personal consumption expenditure and personal spending will be released in United States.

On Wednesday August 3^rd, 2011, official report on retail sales will be published in euro zone while in United States data on non-farm payrolls will be reported by ADP in United States. Moreover several key reports will also be published in US, which include data on factory orders, crude oil inventories and service sector growth by Institute of Supply Management.

On Thursday August 4^th, 2011, Germany will report its official figure on factory orders; moreover European Central Bank will also release its benchmark interest rate. In United States data on initial jobless claims will be published which is regarded as the key indicator of US economic health.

On Friday August 5^th, 2011, United States will publish several reports such data on average hourly earnings, non-farm payrolls and unemployment rate. In euro zone, Germany will publish its official report on industrial production.