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Forex Daily Outlook June 26 2013

In the UK BOE Gov King Speaks and ANZ Business Confidence in New Zealand are the main events today.   Here is an outlook on the market-movers awaiting us

In the US, Final Gross Domestic Product (GDP), value the yearly measurement for all the economy production for goods and services, 2.4% is calculated this quarter  similar to the previous one. Anat on the Final GDP Price Index 1.1% is due with no change from the past quarter

Later in the US,   Crude Oil Inventories, value the commercial crude oil barrels that were held in inventory over the past week’  -1.9M is due from 0.3M on the last report.

In Canada, Timothy Lane; Bank of Canada (BOC) Deputy Governor is likely to speak in Toronto.

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

In Europe, The Economic and Financial Affairs Council (ECOFIN), held in Brussels and attended by EU Finance Ministers, it is the Eurozone’s widest monetary decision making body that decides on Eurozone’s economic health.

Later in Europe, German Unemployment Change, value the unemployed people over the previous month, 7K is due now from 21K on May.

Also in Europe, German Import Prices shows the price change of imported goods that were purchased domestically, -0.1% is likely now from -1.4% on the last time.

Finally in Europe,

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

In Great Britain, Mervyn King, Bank of England (BOE) Governor is due to hold a press conference in London.

Later in Great Britain, Bank of England (BOE) Financial Stability Report that is scheduled twice a year and s analyses the current financial system for the future financial system.

More in Great Britain, Government Spending Review, value the domestic government spending and borrowing levels.

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

In New Zealand, ANZ Business Confidence, Monthly Businesses Survey to rate the 12-month economic outlook, 41.8 points are forecasted with no change from the previous index.

Later in New Zealand, Trade Balance, value the difference between imported and exported, 412M is expected now from 157M on May.

In Japan, All Industries Activity rise up to 0.5% is due now from -0.3% on the last time.

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