The dollar retraced some of its losses yesterday. Today, the greenback awaits inflation figures which will probably not convince Bernanke to shorten the extended period of low interest rates. There are many more events around the world. Let’s review them:
Australia’s MI Leading Index is expected to continue rising – this figure is based on good figures that have already been released. The Wage Price Index, a quarterly number, is predicted to rise by 0.7% this time, less than 0.8% last month.
For more on the Aussie, read the
Australian dollar forecast.
After the European surprised with a big surplus, the Current Account, which consists of the trade balance and also services and cash flow, is also expected...
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