Forex Technical & Market Analysis FXCC Nov 14 2013

[alayoua]

[b]Forex Technical & Market Analysis FXCC Nov 14 2013

Fed chairperson delegate Janet Yellen states USA far from being able to taper asset purchase programme.

French and German preliminary GDP figures are published on Thursday, Germany's is expected in at 0.3% with France's at 0.1%. Italy's is expected in at -0.3%. Europe's flash GDP number is expected in at 0.2%. The ECB will publish its monthly bulletin on Thursday, whilst the UK's retail sales are expected to be flat, but could register a fall if consumers keep their hands in their pockets with Xmas being so close. Canada's trade balance is expected in at $1.2 bn for the month, whilst the USA trade balance for the month is expected in at -$34 billion, a near mirror opposite of Germany's positive