Important data: Retail sales and consumer confidence index
Friday the 20th will bring a lot of interesting data, that most likely will effect the direction of many currencies. The pound will be strongly effected by the GBP retail sales, while the USD will be dependent on numbers from the consumer confidence index. My bet is that the pound will drop, since the data will probably come in lower then expected.
Feb 20, 09:30 GMT – GBP Retail sales
GBP Retail sales with a forecast of: -0.1%; Previous: 1.6%
Fri Feb 20 – EUR stimulus package
Germany´s Bundesrat upper House of parliament votes on second stimulus package
Fri Feb 20 13:30 GMT – CPI in America
US Core CPI. Forecast: -0.1%; Previous: -0.7%
Feb 24 15:00 GMT USD – Consumer confidence
US Consumer Confidence
Forecast: 37; Previous: 37.7
Feb 24 15:00 GMT – USD
Bernanke to testify to examine the US financial system
Feb 25, 15:00 GMT – US Home sales
US Home sales. Forecast: 4.75M; Previous: 4.74M
Feb 26, 09:00 GMT, Germany Unemployment rate
Some important data for the Eurozone – Germany Unemployment rate. Previous: 7.8%
