The predictions for March 10, 2011

   Today the economic calendar is a little busier than the previous two days. The euro could still remain stable at around 1.39 dollar in anticipation of Friday's meeting, since no major economic indicator is expected. However, interest rate movements are expected to pound sterling due to the release of industrial production and especially the meeting of the BoE. The status quo is expected, but it will be interesting, then, that the distribution of votes in the monetary policy committee to see if the trend toward higher interest rates becomes clearer. Finally, the unemployment rate will be monitored in Australia although it is expected unchanged at 5% of the workforce.