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Forex Daily Outlook July 25 2013

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

In the US, Durable Goods Orders, value the all the manufacturers` new durable goods purchase orders, 1.1% is likely now from 3.7% on June. While on the Core Durable Goods Orders (not including transportation items) 0.5% is calculated now with no change from the last report.

Later in the US, Unemployment Claims, weekly report to value the unemployment insurance for the first time, rise of 5K is due now up to 339K.

Finally in the US, Natural Gas Storage is due with 58B this month.

In Europe, Also in the US, Private Loans, -0.9% is likely now from -1.1% on June.

Later in Europe, German Information and Forschung (Ifo) Business Climate, Survey to value the present business conditions and expectations for the next 6 months, rise up to 106.3 points is due from 105.9 points on the last month.

Also in Europe, M3 Money Supply, all the banks` quantity circulation and depositions of domestic currency, rise of 0.1% up to 3.0% is due now.

More in Europe, Belgium NBB Business Climate, -11.2 is due now from -12.8 on the last monthly Survey.

Finally in Europe, German Import Prices, rise up to 0.4% from -0.4% on June is forecasted now.

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

In Great Britain, Prelim Gross Domestic Product (GDP), quarterly report to value the inflation-adjusted of all goods and services produced by the economy, 0.6% is due now from 0.3% on the previous time.

Later in Great Britain, Index of Services 0.7% is likely from 0.8% on June.

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

In Japan, Core CPI, the consumers` price change of goods and services (without fresh food), in Tokyo 0.3% is predicted from 0.2% on the last report. And rise up to 0.3% is expected on the National.

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