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Forex Daily Outlook August 9 2013

We end this week with Unemployment Rate in Canada is the major event of the day. Here is an outlook on the market-movers awaiting us.

In the US, Wholesale Inventories, the total value of goods that are held in inventory; rise up to 0.5% is due now from -0.5% on the last month.

In Canada, Employment Change, value the number of employed people, rise up to 6.2K from 0.4K on the previous month.

Later in Canada, Unemployment Rate, valuation by percentage all the work force that is unemployed and looking for employment, 7.1% similar to July.

Finally in Canada, Housing Starts, 193K is likely from 200K on the last month.

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

In Great Britain, Trade Balance, value the difference in between imported and exported goods, -8.4B is calculated now from -8.5B on the last report.

Later in Great Britain, CB Leading Index, 0.4% is forecasted now with no change from the previous time.

Read more about the Pound in the  GBP/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