Home Forex Daily Outlook March 26 2013
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Forex Daily Outlook March 26 2013

New Home Sales in the US and CBI Realized Sales in the UK are the main events lined up.  Let’s see what awaits us today.

In the US, New Home Sales, value the yearly new homes that were sold, 426K is likely now from 437K on the previous month.

Later in the US, The Conference Board (CB) Consumer Confidence, Survey to rate the present and upcoming financial conditions such as labor availability and overall economic situation, 69.3 points are due now from 69.6 on February.

Later on in the US, Durable Goods Orders, measure all the new manufacturers purchase orders, rise up to 3.8% is predicted now from -4.9% on the last time. And on the Core Durable Goods Orders (without transportation items), rise up to 0.7% is due now from 2.3% on February.

More in the US, Standard & Poor’s (S&P) Case-Shiller (CS), Composite-20 House Price Index (HPI), value the selling price of homes in 20 metropolitan areas, 7.9% is calculated now from 6.8% on the last report.

Finally in the US, Richmond Manufacturing Index is due now with rise of 2 points up to 8 points.

In Canada, Agathe Cote, Bank of Canada (BOC) Deputy Governor is due to speak in Montreal.

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

In Great Britain, Nationwide House Price Index (HPI), the selling price of homes with mortgages that is backed by Nationwide, 0.2% is likely to remain similar to the last monthly report.

Later in Great Britain, Confederation of British Industry (CBI) Realized Sales, retail and wholesale companies monthly survey to rate the current sales volume, rise of 4 points is forecasted now up to 12 points from the last time.

Finally in Great Britain, George Osborne, Chancellor of the Exchequer is due to speak in London.

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

In Australia, Glenn Stevens, Reserve Bank of Australia (RBA) Governor is expected to deliver a speech in Sydney

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

Trade well25

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