Forex Outlook for December 12, 2011
This is a list of the major events (News) for Monday – December 12, 2011 that will move the markets around the globe.
All times are given in GMT.
Monday – 12/12/2011
* AUD – Home Loans : at 12:30am
It’s a leading indicator of demand in the housing market – most homes are financed, so it provides an excellent gauge of how many qualified buyers are entering the market.
Previous 2.2%, Forecast 0.2%
* AUD – Trade Balance : at 12:30am
Export demand and currency demand are directly linked because foreigners must buy the domestic currency to pay for the nation’s exports. Export demand also impacts production and prices at domestic manufacturers.
Previous 2.56B, Forecast 2.12B
Today Forex Trading Analysis | 12/11/2011
