Forex Daily Outlook April 18 2013

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G20 Meetings and Unemployment Claims in the US are the major market-movers. Let see what awaits us today.

Group of Twenty (G20) Meetings, an influential global market body that operates at the highest level and can impact on the currency markets.

In the US, Unemployment Claims, weekly indicator to value who filed for unemployment insurance for the first time, rise up to 349K from 346K during the past week is likely.

Later on in the US, Philly Fed Manufacturing Index, manufacturers in the Philadelphia Federal Reserve district Survey to rate the general business conditions, rise up to 2.7 points is due now from 2.0 points on March.

More in the US, Sarah Bloom Raskin, Federal Reserve Governor is due to speak in New York.

Also in the US, Natural Gas Storage is expected to rise up to 35B from -14B on the last month.

Finally in the US, The Conference Board (CB) Leading Index, 0.1% is calculated this time from 0.5% on March.

In Canada, Mark Carney, Bank of Canada (BOC) Governor is due to speak in Washington DC.

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

In Great Britain, Retail Sales, value all the sales at the retail level,  drop down to -0.7% is forecasted from 2.1% on the last time.

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

In Switzerland, Fritz Zurbrugg, Swiss National Bank (SNB) Governing Board Member is due to deliver a speech in Basel.

Read more about the Swiss franc in the USD/CHF forecast.

In Australia, National Australia Bank (NAB) Quarterly Business Confidence, Survey to rate the current business conditions and expectations for the future; -5 points are due now with no change from the last index.

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

In Japan, Trade Balance, value the difference between imported and exported goods, -0.92T is expected now from -1.09T on the reported month.

Read more about the yen in the USD/JPY forecast.

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About Author

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

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