Forex Daily Outlook – September 26 2011


New week with important updates and the New Home Sales in the US is the main highlight on today’s outlook. Let’s see what awaits us today.

In the US, New Home Sales, monthly indicator to value the number of new single-family households sold on the last month, slightly decrease from 298K on August to 296K this time.

Later in the US, Sarah Bloom Raskin, Federal Reserve Governor is about to speech in Washington DC.

In Canada, Mark Carney, Bank of Canada (BOC) Governor is due to speech in Washington DC

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

In Europe, German Ifo Business Climate, Survey (approximately 7,000 businesses) to value the conditions and expectations of business on the past month, reduce from 108.7 points on August to 107 points this month is forecasted.

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

In Great Britain, Ben Broadbent, External BOE MPC Member is about to speaks in London

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

In Japan, Corporate Services Price Index (CSPI) -0.4% is expected this month.

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

For more events later in the week, check out the Live Forex Calendar

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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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