Home Forex Daily Outlook August 27 2013
Daily Look

Forex Daily Outlook August 27 2013

German Ifo Business Climate and CB Consumer Confidence in the US are the main events lined up.  Let’s see what awaits us today.

In the US, CB Consumer Confidence, Monthly Survey of business conditions such as labor availability, and overall economic situation, reduces down to 79.6 points is due now from 80.3 points on July.

Later in the US,   Standard & Poor’s (S&P) / Case-Shiller (CS) Composite-20 House Price Index (HPI); value the  selling price change of homes in 20 metropolitan areas, 11.9% is likely now from 12.2% on the last month.

Finally in the US, Richmond Manufacturing Index is due with -7 points in compared to the last month survey.

In Canada, John Murray, Bank of Canada (BOC) Deputy Governor is due to speak in Kingston.

Later in Canada, Corporate Profits, -1.2% is likely now similar to the last quarter.

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

In Europe, German Ifo Business Climate, 6 Months Survey to value the current and expectations business conditions, 107.1 points are due now from 106.2 points on July.

Later in Europe,   GfK German Consumer Climate, Survey to rate the past and future financial conditions, including personal financial situation, and overall economic situation, rise of 0.1 points is due up to 7.1 points now.

Finally in Europe, German Import Prices, rise up to 0.3% is likely from -0.8% on July.

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

In Switzerland, UBS Consumption Indicator, quarter is calculated now similar to the last month.

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

In Australia, Construction Work Done, quarterly measurement to value all the construction projects completed, 1.1% is likely now from -2% on the previous report.

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