Home Forex Daily Outlook July 11 2013
Daily Look

Forex Daily Outlook July 11 2013

Unemployment Claims in the US and Home Loans in Australia are the major market-movers. Let see what awaits us today.

In the US, Unemployment Claims, weekly indicator to value the individuals that filed for unemployment insurance on the first time,   reduce of 1K is likely down to 342K from the last week.

Later on in the US, Import Prices, value the domestically price change of imported goods and services, rise up to 0.1% is due now from -0.6% on June.

More in the US,   Federal Budget Balance, value he difference between the federal government’s income and spending, rise up to 42.1B is calculated now from -138.7B on the last month.

Moreover in the US, Natural Gas Storage is likely to rise up to 80B from 72B on the last time.

Also in the US, Daniel Tarullo, Federal Reserve Governor is due to testify in Washington DC.

Finally in the US, 30-y Bond Auction is due this time.

In Canada, New Housing Price Index (NHPI); measures the selling price of new homes rise of 0.1% is forecasted up to 0.3% now.

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

In Europe, Jens Weidmann, Deutsche Bundesbank President is due to deliver a speech in Munich.

Later in Europe, European Central Bank (ECB) Monthly Bulletin, the ECB Governing Board evaluated with the    statistical data for the latest interest rate decision.

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

In Great Britain, David Miles, External Bank of England (BOE) Monetary Policy Committee (MPC) Member is about to participate in a panel  in London.

Later in Great Britain, 30-y Bond Auction is expected this month.

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

In Australia, Home Loans, important housing market demand indicator to value the new loans granted for homes, 2.3% is likely now from 0.8% on June.

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

In Japan, Bank of Japan (BOJ) Monthly Report is expected this month.

Later in Japan, Revised Industrial Production likely to remain 2.0% similar to the last month report.

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