Home Forex Daily Outlook January 29 2013
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Forex Daily Outlook January 29 2013

CB Consumer Confidence in the US and Import Pricesin in Europe are the main events lined up.  Let’s see what awaits us today.

In the US, The Conference Board (CB) Consumer Confidence, Households Monthly Survey to rate the current and future financial conditions like  labor availability and overall economic situation, 64.8 points is expected now from 65.1 points on December.

Later in the US, Standard & Poor’s (S&P) Case-Shiller (CS) Composite-20 House Price Index (HPI); housing industry’s  leading indicator to value the selling price change of homes in 20 metropolitan areas, 5.5% is predicted now from 4.3% on December.

In Europe, GfK German Consumer Climate, Monthly Survey to calculate the past and upcoming monetary conditions such as climate for major purchases and overall financial situation, rise of 0.2 points is forecasted up to 5.8 points now.

Later in Europe, German Import Prices, shows the price change of imported goods that is purchased domestically, -0.1% is likely now from -0.2% on the past report.

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

In Australia, National Australia Bank (NAB) Business Confidence, Survey to rate the current business conditions, -9 points is due to remain similar to the last time.

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

In New Zealand, Building Consents, future construction activity indicator to value the number of new building approvals issued, -5.4% is due with no change from the last month.

For more about the kiwi, see the NZD/USD forecast.

In Japan, Retail Sales, value all the sales at the retail level, 0.4% is estimated now from 1.2% on December.

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