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.

Major events to affect the trading of the pair EUR/USD for the week ending February 17th, 2012 are as under:

On Monday, in euro zone, data on German wholesale price index was released was Switzerland published its report on producer and import prices.

On Tuesday, in euro zone, Greece released its figure on Gross Domestic Product. In France data on non-farm payrolls was reported while Germany published its ZEW survey on current situation. Data on industrial production with ZEW survey for economic sentiment was released for the single currency region.

On Wednesday, February 15^th, 2012, Germany, France and Italy will report their data on Gross Domestic Product while a separate report on GDP will be published for the single currency region. Data on euro zone’s trade balance will also be reported on Wednesday. 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 euro zone, data on Greek and Spanish GDP will be published while Italy will report its figures on country’s trade balance and current account. 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, February 17^th, 2012, data on German producer prices will be reported in the euro zone while as separate report on current account of the single currency region will be published. Data on construction output will also be reported in euro zone. United States will report its data on consumer price index while American Petroleum Institute will publish its monthly report.

On Monday, in United Kingdom, data on Halifax house prices, new car registrations and employment confidence was released. Today on Tuesday, in United States indicator on economic optimism was released.

On Wednesday, United States will release several reports which will include data on crude oil, gasoline and distillate inventories along with report on mortgage applications while US Federal Reserve’s official Williams will address at a public event in San Ramon.

On Thursday, in United Kingdom, data on country’s trade balance, data on manufacturing production and industrial production will be reported while the Bank of England will report its rate decision.

In United States, data on initial jobless claims, continuing claims and wholesale inventories will be released along with data on natural gas stockpiles by EIA. Canada will release its data on housing price index.  In Japan, data on housing loans and machine orders will be reported.

On Friday, United States will release its data on country’s trade balance while University of Michigan will publish its data on consumer confidence. In United Kingdom, data on producer price index is to be released. In Switzerland data consumer price index will be released on Friday.

The US dollar gained on Thursday as investors were attracted towards the safe haven status of the greenback. Optimism of the US dollar increased after the latest report of the US Labor Department which showed more than expected reduction in jobless claims.

US jobless claims fell by 12,000 to 367,000 for the week ending January 28^th, 2012 as compared to analysts expected figure of 370,000. Macro strategist, Richard Hastings from Global Hunter Securities commented, “Giving today even more dissonance and complications is the continued strength in jobless claims data, suggesting the U.S. economy could be strong enough to drive earnings a bit higher, so it’s lots of conflicting data points.”

The dollar index DXY which tracks the US dollar’s movement against its six major counterpart currencies gained to 79.010 on Thursday as compared to 78.925 on Wednesday’s North American trading session.

The euro fell to 1.3138 versus the greenback on Thursday as compared to 1.3159 on Wednesday’s late trading hours. The British Pound also declined to 1.5799 against the US dollar on Thursday as compared to 1.5834 late Wednesday.

Against the Japanese yen the US dollar gained to 76.18 on Thursday as compared to 76.25 on late Wednesday. The Australian dollar however gained to 1.0757 versus the US dollar as compared to 1.0708.

List of events to affect the trading of the British Pound for the week ending February 3rd, 2012 is as follows:

On Monday, in United States, data on personal consumption expenditure was published while in United Kingdom report on home track housing survey was published. On Tuesday, in United States, data on consumer confidence was published.

On Wednesday, February 1^st, 2012, in United States, data on employment change by ADP is to be released while US Department of Energy will report its weekly data on crude oil, gasoline and distillates inventories. ISM’s manufacturing index is also expected on Wednesday. Moreover data on construction spending will also be published in United States.

In United Kingdom, data on house prices is to be reported.

On Thursday, February 2^nd, 2012, in United States, several economic indicators will be released which will include data on domestic and total vehicle sales, RBC Consumer outlook index, nonfarm productivity, weekly data on jobless claims, EIA data on natural gas supplies and data on job cuts. Moreover, US Federal Reserve’s Chairman Ben Bernanke will give his statement before House Budget Committee on Thursday. In United Kingdom, purchasing managers’ index will be released.

On Friday, February 3^rd, 2012, in United States, data on average hourly earnings, non-farm payrolls, unemployment rate and data on factory orders will be published while Institute of Supply and Management will publish its report on non manufacturing sector.

In United Kingdom data on purchasing managers index for services sector and country’s official reserves will be reported.

Major events to affect the trading of the pair EURUSD are as follows:

On Monday, in europe, data on German consumer price index was released. Data on consumer confidence and business climate indicator was also released in the europe while in United States, data on personal consumption expenditure was published

On Tuesday, data on unemployment rate and retail sales was published in europe while in United States, data on consumer confidence was published.

On Wednesday, February 1^st, 2012, German purchasing managers’ index on manufacturing sector is to be published in the euro zone with separate data on purchasing managers’ index for manufacturing and consumer price index for the single currency region. France and Italy will also their separate data on purchasing manager index for manufacturing sector.

In United States, data on employment change by ADP is to be released while US Department of Energy will report its weekly data on crude oil, gasoline and distillates inventories. ISM’s manufacturing index is also expected on Wednesday. Moreover data on construction spending will also be published in United States.

On Thursday, February 2^nd, 2012, euro zone will publish its data on producer price index while in Switzerland data on country’s trade balance will be reported. In United States, several economic indicators will be released which will include data on domestic and total vehicle sales, RBC Consumer outlook index, nonfarm productivity, weekly data on jobless claims, EIA data on natural gas supplies and data on job cuts. Moreover, US Federal Reserve’s Chairman Ben Bernanke will give his statement before House Budget Committee on Thursday.

On Friday, February 3^rd, 2012, for euro exchange rate, purchasing managers’ index for services sector will be reported while Italy, France and Germany will release their separate reports on services sector PMI. Euro zone will also release its data on retail sales.

In United States, data on average hourly earnings, non-farm payrolls, unemployment rate and data on factory orders will be published while Institute of Supply and Management will publish its report on non manufacturing sector.