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Forex Outlook for February 23, 2012


This is a list of the major events (News) for Thursday - February 23, 2012 that will move the markets around the globe.

All times are given in GMT.

Thursday – 02/23/2012

* EUR – German Ifo Business Climate : at 9:00am
It's a leading indicator of economic health - businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment.
Previous 108.3, Forecast 108.7

* USD – Unemployment Claims : at 1:30pm
ForexFactory.com Notes; This is the nation's earliest economic data. The market impact fluctuates from week to week - there tends to be more focus on the release when traders need to diagnose recent developments, or when the reading is at extremes.
Previous 348K, Forecast 352K

* AUD – RBA Gov Stevens Speaks : at 10:30pm
As head of the central bank, which controls short term interest rates, he has more influence over the nation's currency value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy.

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