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Forex Daily Outlook February 14 2013

Unemployment Claims in the US and Flash GDP in Europe are the major market-movers. Let see what awaits us today.

In the US, Unemployment Claims, value the individuals that filed for unemployment insurance for the first time, 361K is likely now from 366K on the past week.

Later in the US, Mortgage Delinquencies, measures by percentage the represented Mortgage Bankers Association (MBA) mortgages which were one payment late of, – 7.40% is calculated now with no change from the previous quarter.

Finally on in the US, James Bullard, Federal Reserve Bank of St. Louis President is due to speak in Starkville.

In Europe, Flash Gross Domestic Product (GDP), shows the change of all goods and services that were produced by the economy, -0.4% is expected now from -0.1% on the past quarter. In German Prelim GDP, -0.5% is forecasted now from 0.2% . And on the French Prelim GDP -0.2% is due now from 0.1% on the last report.

Later in Europe, French Prelim Non-Farm Payrolls, the number of employed people (not including the farming industry and government), -0.2% is likely now from -0.3% on the past quarter  .

Later on in Europe, European Central Bank (ECB) Monthly Bulletin, the ECB Governing Board evaluation for the latest interest rate decision.

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

In Australia, Melbourne Institute (MI) Inflation Expectations, the consumer’s price expectation by percentage for goods and services over the next 12 months, 2.0% is predicted with no change from the past month.

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

In New Zealand, Retail Sales value all the sales at the retail level, -0.4% is due similar to the previous time. And on the Core Retail Sales (without cars and gas stations) -0.3% is due like the last repot.

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

In Japan, Monetary Policy Statement Bank of Japan (BOJ) primary tools to communicate with investors on monetary policy. and it projects the economic outlook. Usually it is followed by BOJ Press Conference. And no change is due on 0.10% of the Overnight Call Rate.

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