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Forex Daily Outlook August 15 2013

Unemployment Claims in the US and Retail Sales in the UK are the major market-movers. Let see what awaits us today.

In the US, Philly Fed Manufacturing Index, Philadelphia Manufacturers Survey to rate the general business conditions, 15.6 points is due now from 19.8 points on July.

Later in the US, Consumer Price Index (CPI), consumer’s price change for goods and services, reduce down to 0.2% is likely from 0.5% on the last month. While on the Core CPI (without food and energy), 0.2% is lily to remain with no change from July.

Later on in the US, Unemployment Claims, weekly indicator to value the individuals that filed for unemployment insurance for the time, rise of 1K up to 334K is calculated now.

More in the US, James Bullard, Federal Reserve Bank of St. Louis President is likely to speak in Louisville.

Moreover in the US, Empire State Manufacturing Index is due now with 10.2 points from 9.5 points on the last survey.

Also in the US, TIC Long-Term Purchases, is due now with 31.3B from -27.2B on the last month.

Further in the US, NAHB Housing Market Index, Survey to rate the current and upcoming single home sales, 57 points are due similar to the last month.

Additional in the US, Industrial Production, the total manufacturers, mines, and utilities output, rise of 0.2% is predicted up to 0.5% now.

Finally in the US, Capacity Utilization Rate, the manufacturers, mines, and utilities available resources by percentage over the last month, rise of 0.1% is expected up to 77.9%.

In Canada, Bank of Canada (BOC) Review is due now.

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

In Great Britain, Retail Sales, value all the sales at the retail level, 0.2% is due to remain now from July.

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

In Australia, Guy Debelle, Reserve Bank of Australia (RBA) Assistant Governor (Financial Markets), is due to deliver a speech in Sydney,

For more on the Aussie, read the  AUD/USD 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