Forex Daily Outlook October 11 2013
Daily Look

Forex Daily Outlook October 11 2013

We end this week with Prelim UoM Consumer Sentiment in the US and Unemployment Rate in Canada as the major events of the day. Here is an outlook on the market-movers awaiting us.

International Monetary Fund (IMF) Meetings (Day 1), meetings that are held twice a year, attended by IMF and the World Bank representatives of.

In the US, Prelim University of Michigan (UoM) Consumer Sentiment, Economic Conditions Monthly Survey, reduce of 0.3 points are predicted down to 77.2 points from September. While on the Prelim UoM Inflation Expectations 3.3% is due similar to the last month.

Later in the US, Jerome Powell, Federal Reserve Governor is due to participate in a panel in Washington DC.

In Canada, Employment Change, value the employed people on the past month, 15.3K is likely now from 59.2K on September.

Later in Canada, Unemployment Rate, value the actively seeking employment on the past month by percentages, 7.1% is likely to remain with no change from September.

More in Canada, BOC Business Outlook Survey, Quarterly Survey to rate the business conditions and level of sales growth, employment, inflation expectations, and credit conditions, no change is due from the last time.

Also in Canada, John Murray, Bank of Canada (BOC) Deputy Governor is due to participate in a panel  in Washington DC.

Finally in Canada, Tiff Macklem, Bank of Canada (BOC) Senior Deputy Governor is about to participate in a panel in Washington DC.

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

In Great Britain, The Conference Board (CB) Leading Index, composite index that is based on 7 economic indicators, 0.7% is due now similar the last report.

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

In Switzerland, Jean-Pierre Danthine, Swiss National Bank (SNB), Governing Board Vice-Chairman is due to speak in Lugarno.

Read more about the Swiss franc in the USD/CHF 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