Forex Daily Outlook September 21 2012
Daily Look

Forex Daily Outlook September 21 2012

We end this week with Public Sector Net Borrowing in the Uk and CPI    in Canada as the major events of the day. Here is an outlook on the market-movers awaiting us.

In the US, Dennis Lockhart, Federal Reserve Bank of Atlanta President, is due to speak in Atlanta.

In Canada, Consumer Price Index (CPI), indicator that can affect the inflation interest, value the consumer’s price change of goods and services, rise of 0.5% is due from August up to 0.4% now. Similar is expected on the Core CPI (not including the 8 most volatile items) 0.4% now from -0.1% on August.

More in Canada, Wholesale Sales, value all the sales at the wholesale level, -0.1% is due similar to the previous month,

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

In Europe, Belgium NBB Business Climate, Survey to value the business conditions for the next 6 months, -11.1 points are calculated now from -11.8 on August.

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

In Great Britain, Public Sector Net Borrowing, value the difference between spending and income for public businesses and for the local and central government on the last month, 13.0B is calculated now from -1.8B on the last August.

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

In Switzerland, Swiss National Bank (SNB) Quarterly Bulletin is due.

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

In Australia, The Conference Board (CB) Leading Index, composite index that is based on 7 financial indicators, 0.2% is calculated now similar to August report.

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

In New Zealand, Credit Card Spending, 0.1% is calculated now similar to the last report.

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