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Forex Daily Outlook June 20 2013

Unemployment Claims in the US and Retail Sales in the UK are the major market-movers. Let see what awaits us today.

In the US, Unemployment Claims weekly indicator to value the individuals who filed for unemployment insurance for the first time, 343K is due similar to 334K on the last time.

Later in the US, Existing Home Sales yearly measurement of the sold residential building (not including new construction), 5.01M is due now from 4.97M on May.

More in the US, Philly Fed Manufacturing Index, Monthly business conditions Survey of the the Philadelphia Federal Reserve district manufacturers, -0.6 points are calculated now from -5.2 points on the last month.

Moreover in the US, Flash Manufacturing Purchasing Managers’ Index (PMI), Survey to rate the of business conditions like employment, new orders, supplier deliveries and inventories, reduce of 1 point down to 52.5 points is forecasted now.

Also in the US, Natural Gas Storage is due now.

Finally in the US, CB Leading Index, 0.2% is due now from 0.6% on the last time.

In Europe, Eurogroup Meetings, Eurogroup President, Finance Ministers, economic affairs Commissioner and the President of the European Central Bank Meet in Brussels and discuss some financial issues, like euro support mechanisms and government finances.

Later in Europe, Flash Manufacturing Purchasing Managers’ Index (PMI) Survey to value the business conditions such as production, prices and inventories; rise of 0.5 points is due up to 47.7 points now from May. And similar rise is due on the Flash Manufacturing PMI up to 48.6 points.

Finally in Europe, Consumer Confidence is due now with -22 similar to the last report on May.

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

In Great Britain, Retail Sales value all the sales at the retail level; rise up to 0.8% is due this month from -1.3% on May.

Later in Great Britain, Confederation of British Industry (CBI) Industrial Order Expectations, Monthly Survey to rate the expected order volume over the next 3 months, -15 points are predicted now from -20 on the last report.

Later on in Great Britain, Paul Fisher, Bank of England (BOE) Executive Director is due testify in London.

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

In Japan, Haruhiko Kuroda, Bank of Japan (BOJ) Governor is due to speak in Tokyo.

Read more about the yen in the USD/JPY forecast.

Trade well

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