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Forex Daily Outlook – July 18 2011

TIC Long-Term Purchases in the US and Foreign Securities Purchases in Canada are the main highlight on today’s outlook. Let’s see what awaits us today.

In the US, Treasury International Capital (TIC) Long-Term Purchases, to measure the change between long-term securities acquirement by foreign in compere to US citizens over the passing month, a rise from 30.6 billion on June to 48.4 billion this month is expected.

Later in the US, National Association of Home Builders (NAHB) Housing Market Index is about to rise to 15 points this month.

In Canada, Foreign Securities Purchases, monthly measurement to value the domestic that are accepted by foreigners, reduce to 7.41B is expected this time from 8.22B on June.

More in Canada, New Motor Vehicle Sales is expected to rise to 0.5% this month.

For more on USD/CAD, read the  Canadian dollar forecast.

In Australia, New Motor Vehicle Sales, monthly report to measure the new trucks and cars that were sold locally, -7.6% is expected similar to the previous month.

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

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

Anat Dror

Anat Dror

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