Forex Daily Outlook September 12 2013
Daily Look

Forex Daily Outlook September 12 2013

In the US Unemployment Claims and ECB President Draghi Speaks in Europe are the major market-movers. Let see what awaits us today.

In the US, Unemployment Claims, weekly indicator to value the individuals who filed for unemployment insurance, reduce of 1K is due from down to 323K this time.

Later in the US, Import Prices, shows the price change of imported goods and services, rise up to 0.6% from 0.2% on August.

Also in the US, Federal Budget Balance, the difference between the federal government’s income and spending, -155.3B is likely now from -7.6B on the previous month.

Finally in the US, William Dudley, Federal Reserve Bank of New York President, is due to participate in a panel in Paris.

In Canada, New Housing Price Index (NHPI), the selling price change of new homes, 0.2% is likely now similar to the last time.

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

In Europe, Mario Draghi, European Central Bank (ECB) President, is due to speak in Riga.

Later in Europe,   European Central Bank (ECB) Monthly Bulletin, the statistical data for the ECB Governing Board evaluation on making the latest interest rate decision.

Finally in Europe, Industrial Production, value the output produced by manufacturers, mines, and utilities, drop down from 0.7% on August down to -0.1% now is forecasted.

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

In Great Britain, Inflation Report Hearings, Bank of England (BOE) Monetary Policy Committee (MPC) members vote on where to set the nation’s key interest rates,

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

In Switzerland, Producer Price Index (PPI), the manufacturers’ price change of goods and raw materials, rise up to 0.2% is calculated now.

Read more about the Swiss franc in the USD/CHF forecast.

In New Zealand, Business NZ Manufacturing Index, Monthly Manufacturers’ Survey of to rate the business conditions like employment, new orders, supplier deliveries, and inventories, 59.5 points are due now.

For more about the kiwi, see the NZD/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