www.bforex: European Debt Looms

ussjames86 2011-06-07

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The United states dollar has found itself being punished as of late -

However Europe hasn't turned in very good numbers either, and the European debt crisis has certainly not been solved.

German Factory Orders and European Retail Sales figures are going to be published today, giving investors more insight into the broad E.U. economy.

Ben Bernanke, the Federal Reserve Chairman, is slated to speak about the American economy today also and investors are going to be listening.

On Wednesday the German Industrial Production stats and the broad European GDP data are going to be published. And the United States will release their Beige Book report.

Both the United States and Europe confront several problems.

Besides the EUR/USD pair, the JPY ought to be paid attention - this as the Japanese government is paused publish GDP statistics - plus they are not expected to be very good.

Unpredictability probably will carry on as traders seek out safe havens in what have become complex markets

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