Today's Forex News

U.S.
Fed Speech (Kohn) 11:30 19:30
Expected Forex Market reaction to the economic news: moderate U.S.
GDP, Revision for 1Q 08 12:30 20:30
Expected Forex Market reaction to the economic news: none U.S.
Jobless Claims 12:30 20:30 375K
Expected Forex Market reaction to the economic news: moderate U.S.
Existing Home Sales for May 08 14:00 22:00 4.95Ma.r. 1.2%MM

Forex News

US FOMC Interest Rate Statement.
It is unlikely that the Interest Rate will be cut further.
U.S. New Home Sales.
Forecasts : 511 K
Buy USDJPY if Higher than 511 K
Sell USDJPY if Lower than 511 K