Daily Forecast Wednesday, 12 December 2012

EUR/USD
Trading range: 1.2985 - 1.3085
Trend: Upward
Buy at 1.2995 SL 1.2963 TP 1.3072

USD/JPY
Trading range: 82.45 - 83.45
Trend: Upward
Buy at 82.59 SL 82.27 TP 83.31

GBP/USD
Trading range: 1.6085 - 1.6195
Trend: Upward
Buy at 1.6095 SL 1.6063 TP 1.6183

USD/CHF
Trading range: 0.9340 - 0.9235
Trend: Downward
Sell at 0.9326 SL 0.9358 TP 0.9242


Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior

07:00 Germany CPI October final -0.1% -0.1%
07:00 Germany CPI October final Y/Y 1.9% 1.9%
07:00 Germany HICP October final Y/Y 2.0% 2.0%
07:45 France CPI November unadjusted - 0.2%
07:45 France CPI November unadjusted Y/Y - 1.9%
07:45 France HICP November Y/Y - 2.1%
09:30 UK Claimant count November +6.8K +10.1K
09:30 UK Claimant count rate November 4.8% 4.8%
09:30 UK Average earnings 3 months to October Y/Y 1.9% 1.8%
09:30 UK Average earnings ex bonuses 3 months to October Y/Y - 1.9%
09:30 UK ILO Jobless rate November 7.9% 7.8%
10:00 EU17 Industrial production November 0.2% -2.5%
10:00 EU17 Industrial production November Y/Y 2.3% -2.3%
13:30 USA Import prices October 0.0% 0.5%
13:30 USA Export prices October 0.1% 0.0%
19:15 USA FOMC meeting announcement 0.25% 0.25%
20:00 USA Federal budget November, bln 135 137.2