FOREX: USD may rebound, Bank of England minutes on the agenda temperament.

By Ilya Spivak, currency strategist mi Oct 20 05: 52: 00 GMT 2010 key overnight developments

U.S. dollar corrected lower than markets Digest NY session rally Australian Dollar shrugs from fifth drop in shot the euro extended trade jobs of critical levels in accommodation, 0.3 percent higher to correct as markets against the U.S. dollar digested landscape in New York the selling off of the risks hours. Sterling little changed, with prices, the consolidation in a choppy area to 1.57 figure. We remain flat EURUSD and GBPUSD. Asia session highlights Westpac leading index (MoM) (AUG) DEWR skilled labor jobs (MoM) (OCT) BOJ Deputy Governor Nishimura speaks in Hiroshima Australian skilled jobs fell for the fifth consecutive month in October, sliding - 0.5%, while September's originally reported increase was revised, show the largest loss in 15 months. The result of the precarious situation of force strengthened economy to cool his largest export market and key behind their resistance while the global downturn 2008 - fuelling asset bubbles and galloping inflation efforts to its lively performance amid fears as China - steps. The Australian dollar dismissed the result however is rising currencies amidst a broad-based correction in accordance with other risks the massacre in U.S. trade. Euro part: What to expect English prices (MoM) price (SEP) English (YoY) (SEP) ECB of Vitor Constâncio speaks on economy convenience store sales (YoY) (SEP) Italian industrial orders s.a. (MoM) (AUG) Italian industrial orders n.s.a. (YoY) (AUG) Italian industrial sales s.a. (MoM) (AUG) Italian Industrial Sales n.s.a. (YoY) (AUG) PSNB ex interventions (pounds) (SEP) Bank of England Protocol (OCT 20) public finances (PSNCR) (pounds) (SEP) public sector net bonds (pounds) (SEP) the ECB Jürgen Stark talks about economy the release of minutes of October's Bank of England monetary policy meeting which can economic calendar headlines, but the result isn't market moving, expected along established the voting pattern on the MPC rate setting lines fall. In particular multi-annual Dove Adam should poses a result that would be hardly surprising given its recent public statements - during token Hawk, vote for an extension of the quantitative easing (QE) - Andrew sentence again for a rate increase will push. The remaining seven policy makers are likely to play things down Center at least until an updated quarterly inflation report in November is published. Elsewhere on the docket UK budget deficit monthly figures lays the Government cash deficit widened to 15.3 billion pounds in September - the largest in three months - and can show scare risk feeling amidst rekindled fears about the onset emerging economy and its implications for the fragile economic recovery. However, money should have cooled growth to an annual rate of 1.5 percent over the same period, marking a record low and hinted that the BOE in fact have space around the constraint on the tax side points without necessarily compromising of price stability.On balance, the session can prove gedämpften, with a gentle rise in S & - P-500-index-futures in late Asian trading hinted that a correction of yesterday's sell-off in the risky asset spectrum can be the order of the day, open the door for a retreat in the security-linked US dollar against most of its main Partnern.Besuchen for real time news and analysis please http://www.dailyfx.com/real_time_news get to future articles by e-Mail, contact Ilya at ispivak@dailyfx.com

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Wed Oct 20 05: 52: 00 GMT 2010

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