Currency news due out this week from 05 Feb 2012

This week we have the prospect of further Quantitative Easing from the Bank of England which could put pressure on sterling. The weeks’ full economic data likely to affect exchange rates is as follows.

Monday 6th
0030 – Australian retail sales
0800 – UK house prices (Halifax)
1100 – German factory orders
1500 – Canadian purchasing inflation

Tuesday 7th
0330 – Australian interest rate decision
2000 – US consumer credit

Wednesday 8th
0645 – Swiss unemployment
0700 – German trade balance
2145 – New Zealand unemployment

Thursday 9th
0930 – UK trade balance & industrial production
1200 – UK quantitative easing & interest rate decision
1245 – Eurozone interest rate decision
1330 – ECB President Draghi speech

Friday 10th
0700 – German inflation (CPI)
0815 – Swiss inflation (CPI)
0930 – UK inflation (PPI)
1330 – US trade balance
1900 – US budget statement