Yohay

[B]The week ends with relatively light calendar. with major events coming mostly from Canada. Let’s see what’s up for today:[/B]

Is [B][URL="http://www.forexcrunch.com/eurusd-edging-up-before-the-plunge/"]EUR/USD starting the fall?[/URL][/B] It’s still in a range, but fails to reach higher ground again and again. I think it’ll drop soon. What do you think?

German PPI starts the day with an expected rise of 0.1%, after a 0.8% rise last month. Later in Europe, Jean-Claude Trichet, president of the ECB, will speak in Brussels.
For more on the Euro, read the [B][URL="http://www.forexcrunch.com/category/forex-weekly-outlook/eur-usd-outlook/"]EUR/USD forecast[/URL][/B].

In Britain, BOE ...

[B]Many American figures are due today, so lots of action is awaiting us. Will the dollar continue to weaken? Let’s see what’s up for today.[/B]

EUR/USD hasn’t broken the critical 1.3850 level. I still claim that the [B][URL="http://www.forexcrunch.com/eurusd-edging-up-before-the-plunge/"]current rise is temporary before the fall[/URL][/B]. GBP/USD made it [B]above the critical line of 1.5350[/B], but has a hard time holding to its gains. OK, let’s start the review:

After the Bank of Japan introduces more easing measures, it will publish the BOJ Monthly Report which might provide more overview on the Japanese economy.

In Europe, the Current Account is expected to rise from 1.9 to 2.9 billion. ...

[B]The window for submitting comments to the proposed CFTC regulation is closing on March 22nd. This is the last call to act against the proposed [/B][URL="http://www.forexcrunch.com/act-against-the-cftc-110-leverage-proposal/"][B]10:1 leverage limitation[/B][/URL][B]. With traders, forex brokers, [/B][URL="http://www.forexcrunch.com/introducing-brokers-join-the-fight-against-the-cftc/"][B]introducing brokers[/B][/URL][B] and also [/B][URL="http://www.forexcrunch.com/the-fight-against-110-leverage-limit-has-results-keep-it-up/"][B]congressmen[/B][/URL][B] against this proposal, there’s some hope. Here are the details:[/B]

As we’ve seen in recent cases, the CFTC does a good job with fighting forex scams. It’s job is to ...

[B]The number of unemployed Brits fell dramatically – this unexpected improvement sent the Pound higher, sent the Pound above a major resistance line. Will this hold? A big test for [URL="http://www.forexcrunch.com/category/forex-weekly-outlook/gbp-usd-outlook/"]GBP/USD[/URL] – it could mark a long term turnaround.[/B]

Claimant Count Change is the earliest and most important employment indicator in Britain. It reflects the number of unemployed people in the UK. After two months of drops, last month’s figure showed a big rise of 23,500 in the number of unemployed people. So, the first surprise for today was that last month’s number was revised to a rise of only 5,300. This is far better. And the big surprise is with ...