Forex Daily Outlook October 17 2013


Philly Fed Manufacturing Index in the US and Retail Sales in the US are the major market-movers. Let see what awaits us today.

In the US, Unemployment Claims, weekly indicator to value the unemployment insurance requests for the first time, rise up of 1K to 375K is likely now.

Later in the US, Philly Fed Manufacturing Index, Survey to rate the level of general business conditions, reduce to 15.4 points is expected now from 22.3 points on September.

Later on in the US, Charles Evans, Federal Reserve Bank of Chicago President is about to speak in Madison.

Finally in the US, Esther Georg, Federal Reserve Bank of Kansas City President is about to speak.

In Canada, Foreign Securities Purchases, Total value of domestic stocks, and bonds, purchased by foreigners, 72.1B is due now from 9.09B on the last month.

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

In Great Britain, Retail Sales, the total value of inflation-adjusted sales at the retail level, rise up to 0.5% from -0.9% is due.

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

In Australia, Glenn Stevens, Reserve Bank of Australia (RBA) Governor, is about to speak in Sydney.

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

In Japan, Haruhiko Kuroda Bank of Japan (BOJ) Governor’ is likely to speak in Tokyo.

Read more about the yen in the USD/JPY forecast.

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About Author

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


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