Thursday, February 7, 2013

Forex - Economic News & Data Outlook - February 7, 2013

Forex - Economic News & Data Outlook - February 7, 2013

EUR/USD went up to the 100-hour MA ($1.3565). Euro wasn’t affected much be discouraging French trade data (trade deficit widened from -4.3B euro to -5.3B).  

Germany will release industrial production figures at 11:00 GMT. After this release investors will adjust expectations from the ECB meeting. We’re also waiting for Spanish and French debt auctions results which may arrive any minute...  Read more