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Forex Daily Outlook June 18 2012

We began the week with G20 Meetings and Greek Parliamentary Election as the main highlights on today’s outlook. Let’s see what awaits us today.

Group of Twenty (G20) Meetings, Day I, influential global policy-making body that impact the currency markets, is due to meet in Mexico to discuss the global financial issues, such as the Eurozone debt crisis and IMF funding,

In the US, National Association of Home Builders (NAHB) Housing Market Index is due to reduce by 1 point from the last month Survey down to 28 points.

In Canada, Foreign Securities Purchases, value all the domestic stocks, bonds, and money-market assets that were purchased by foreigners on the last month, rise from -2.08B on May up to 3.41B now is likely.

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

In Europe, Greek Parliamentary Election, Every 4 years to elect the Hellenic Parliament members to formed the government.

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

In Great Britain, Paul Tucker, Bank of England (BOE) Deputy Governor, is due to speak in London.

Later in Great Britain, Nationwide Consumer Confidence, consumer’s monthly survey to rate the present and upcoming monetary conditions, is due to rise by 1 point up to 45 from May.

Finally on in Great Britain, Rightmove House Price Index (HPI); no change is likely to the last month report.

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

In Australia, New Motor Vehicle Sales, sign of consumer confidence that value the new cars and trucks that were sold domestically over the last month, -0.7% is predicted like on the last time.

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

In New Zealand, Westpac Consumer Sentiment, monthly index that is based on consumer’s survey, is due to remain 102.4 points.

For more about the kiwi, see the NZD/USD forecast.

In Japan, Bank of Japan (BOJ) Monthly Report, BOJ Policy Board members evaluation regarding the latest interest rate decision.

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