TEST 1

QUESTION : Explain why the Australian Dollar (AUD), British Pound (GBP), Euro (EUR) and Canadian Dollar (CAD) are impacted on 6 January 2012.

GBP :-
            Measures : Change in the price of homes financed by HBOS.
            Usual effect : Actual > Forecast = Good for currency.

EUR :-
           Measures : Percentage of the total work force that is unemployed and actively seeking employment during the pervious month.  
           Usual effect : Actual < Forecast = Good for currency.                                                                
         
CAD :-
            Measures : Change in the number of employed people during the previous month
            Usual effect : Actual > Forecast = Good for currency.