Wednesday, 14 November 2012

Daily Morning Report 14/11/2012 | Forex Trading Analysis

  The dollar fell against most major global currencies on Wednesday after expectations that Greece may see bailout money flowing into the country soon. German newspaper Bild reported that Greece could receive EUR44 billion in various financial aid packages. Eurozone policymakers are scheduled to meet again to discuss Greece's finances on 20/11/2012, with a EUR31.5 billion of aid pending approval. Greece placed EUR4.06 billion in short-term government debt earlier, money that will help Athens to repay EUR5 billion in debt maturing on Friday.
  Later Wednesday, the Eurozone will release official data on industrial production, a leading indicator of economic health and the U.S. will unveil data on retail sales, producer price inflation and business inventories, and the Federal Reserve is to publish the minutes of its most recent policy-setting meeting.

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