Today and tomorrow, we can expect high volatility for USD as there will be a lot of major reports come out, especially tomorrow. This might be the time for USD to rebound back against JPY, as well as it might be the time for US market start recovering if the reports to be released are good or better than expectations.
Important releases for tomorrow (GMT Time):
07:00 - Germany Import Price Index (Oct)
08:00 - BoJ Governor Speech (Oct)
09:30 - UK GDP (3Q)
11:00 - US MBA Mortgage Applications
Germany Consumer Price Index (Nov)
13:30 - US Continuing Jobless Claims, Core Personal Consumption Expenditure - Prices Index (Oct), Durable Goods Orders (Oct), Initial Jobless Claims, Personal Income (Nov), Personal Spending (Oct)
14:45 - Chicago Purchasing Managers' Index (Nov)
14:55 - Reuters/Michigan Consumer Sentiment Index (Nov)
15:00 - New Home Sales (Oct)
15:35 - EIA Crude Oil Stocks Change
Tuesday, November 25, 2008
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