Forex Daily Outlook – September 23 2011



BBA Mortgage Approvals in the UK is the major market-movers. Let see what awaits us today.

Group of Twenty (G20) Meetings -Day 2, an influential worldwide policy-making group that is working at the highest level and impact the currency markets.

International Monetary Fund (IMF) Meetings that are usually been held twice a year for the IMF representatives & the World Bank. The meetings are open to the press and can create market volatility.

In the US, William Dudley, Federal Reserve Bank of New York President, is due to deliver a speech in Washington DC.

In Europe, Jean-Claude Trichet, European Central Bank (ECB) President, is about to speech in in Washington DC.

More in Europe, Belgium National Bank of Belgium (NBB) Business Climate, monthly Survey (approximately 6,000 businesses) to value the present business conditions and prospects for the upcoming 6 months, further reduces is anticipated from -7.8 points on August to -8.9 points.

For more on the Euro, read the Euro to dollar forecast.

In Great Britain, British Bankers’ Association (BBA) Mortgage Approvals, leading monthly indicator in the housing market that measures the new mortgages that were approved for buying by the BBA-represented banks, Small change from the last time is expected from 33.4K on August to 33.2K this month.

Read more about the Pound in the GBP/USD forecast.

In Switzerland, Swiss National Bank (SNB) Quarterly Bulletin that is released quarterly.

Read more about the Swiss franc in the USD/CHF forecast.

In Australia, CB Leading Index, merged index based on 7 financial indicators, due to remain -0.8% similar to the former time.

More in Australia, RBA Financial Stability Review, twice a year, an assessment of circumstances in the monetary system.

For more on the Aussie, read the AUD/USD forecast.

For more events later in the week, check out the Live Forex Calendar


About

Anat Dror – Senior Writer

I conceptualize, design and create multi-lingual websites. Apart from the technical work, my projects usually consist of writing content for these sites in English, French and Hebrew.

In the past, I have built, managed and marketed an e-learning center for language studies, including moderating a live community of students.

I’ve also worked as a community organizer

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