Forex Daily Outlook September 26 2012
Daily Look

Forex Daily Outlook September 26 2012

New Home Sales in the US and CBI Realized Sales in the UK are the main events today.   Here is an outlook on the market-movers awaiting us

In the US, New Home Sales, Value the annualized number of new homes that were sold on the previous month; 381K is expected now from 372K on August.

Later in the US, Crude Oil Inventories, weekly report to measure the  commercial crude oil barrels that are held in inventory, 8.5M is due similar to the last week.

In Europe, German Prelim Consumer Price Index (CPI), Value the consumers’ price change of goods and services, rise of 0.4% is due from August.

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

In Great Britain, Bank of England (BOE) Credit Conditions Survey, quarterly Survey and correlated with spending and confidence to rate the credit conditions over the last and next 3 months,

More in Great Britain, Confederation of British Industry (CBI) Realized Sales, Monthly Survey to measure the level of current sales volume, rise up to 6 points from -3 points is expected now.

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

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

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