# Forex Major Currencies Outlook (June 21, 2016) Source: https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-june-21-2016/ Language: en Updated: 2016-06-21 Description: Explore Forex Major Currencies Outlook (June 21, 2016). USDThe US. Trade Forex and CFDs on MT4 and MT5 with tight spreads, flexible leverage and fast funding. **USD** The US dollar was mostly weaker against its rivals as risk appetite stayed in the markets for the most part of the day. There were no reports out of the US economy, leaving traders to react to risk sentiment. Fed head Yellen has a speech scheduled today and her remarks could set the tone for dollar price action. **EUR** The euro advanced against the dollar but was weaker to the pound. Data from Germany came in line with expectations as producer prices showed a 0.4% increase as expected. The German constitutional court ruling is scheduled today and their ruling on the ECB OMT could also have a significant impact on the euro. German ZEW economic sentiment data and a speech by Governor Draghi are also on the docket. **GBP** The pound was able to keep up with its climb as a couple more Brexit surveys showed a lead in favor of those voting to stay in the EU. Today has the public sector borrowing figure and the CBI industrial order expectations data on tap, although traders could pay closer attention to Brexit surveys. **CHF** The franc was stuck in consolidation to the dollar and was mostly weaker against the euro, even though there were no reports out of the Swiss economy. Today has the Swiss trade balance due and a larger surplus of 2.88B CHF is eyed. **JPY** The yen was on stronger footing towards the end of the US session as traders likely booked profits off their recent shorts. Yen intervention rumors appear to have subsided, allowing traders to prop up the yen in times of risk aversion. There were no hints of actual central bank intervention in the BOJ minutes as well. The Japanese all industries activity index is due today and a 1.3% gain is eyed. **Commodity Currencies (AUD, NZD, CAD)** The comdolls continued to bank on risk appetite yesterday but were no match to yen strength. Earlier today, the RBA minutes didn’t show any clues of when the central bank might cut interest rates again, allowing the Aussie to stay afloat. There are no other reports due from the comdoll economies for the rest of the day so risk sentiment could push these currencies around. *By Kate Curtis from Trader’s Way* ## Structured data JSON-LD as served in the HTML version of this page. ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Article", "@id": "https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-june-21-2016/#primary", "url": "https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-june-21-2016/", "mainEntityOfPage": "https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-june-21-2016/", "headline": "Forex Major Currencies Outlook (June 21, 2016)", "inLanguage": "en", "datePublished": "2016-06-21T06:27:35+00:00", "dateModified": "2016-06-21T06:27:35+00:00", "articleSection": "Market Info", "description": "Explore Forex Major Currencies Outlook (June 21, 2016). USDThe US. Trade Forex and CFDs on MT4 and MT5 with tight spreads, flexible leverage and fast funding.", "image": { "@type": "ImageObject", "url": "https://www.tradersway.com/wp-content/themes/tradersway/images/og-default.png" }, "author": { "@type": "Organization", "@id": "https://www.tradersway.com/#organization" }, "publisher": { "@id": "https://www.tradersway.com/#organization" } }, { "@type": [ "Organization", "FinancialService" ], "@id": "https://www.tradersway.com/#organization", "name": "Trader's Way", "alternateName": "TradersWay", "legalName": "TW Corp LLC", "description": "Trader's Way is the trading brand of TW Corp LLC, a company registered in Anguilla under number A000001731. It provides online leveraged trading in forex, metals, energies, stock indices and cryptocurrencies through MetaTrader 4, MetaTrader 5 and cTrader, with Market execution, a 40% stop out level and a minimum initial deposit of 10 USD. The company holds no financial services licence and does not direct its services to residents of the United States or the United Kingdom.", "url": "https://www.tradersway.com", "foundingDate": "2011", "logo": { "@type": "ImageObject", "url": "https://www.tradersway.com/wp-content/themes/tradersway/images/logo-square-512.png" }, "address": { "@type": "PostalAddress", "streetAddress": "No. 9 Cassius Webster Building, Grace Complex", "postOfficeBoxNumber": "1330", "addressLocality": "The Valley", "postalCode": "AI-2640", "addressCountry": "AI" }, "contactPoint": { "@type": "ContactPoint", "contactType": "customer support", "email": "support@tradersway.com" }, "areaServed": "Worldwide, excluding the United States and the United Kingdom", "knowsAbout": [ "Foreign exchange trading", "Contracts for difference", "Leveraged trading", "Precious metals trading", "Energy commodities trading", "Stock index trading", "Cryptocurrency trading", "MetaTrader 4", "MetaTrader 5", "cTrader" ], "sameAs": [ "https://www.trustpilot.com/review/www.tradersway.com", "https://www.forexpeacearmy.com/forex-reviews/8129/tradersway-forex-brokers", "https://www.youtube.com/channel/UChRC072YJGlNNNYhg_0hZeA", "https://www.facebook.com/tradersway.forex.broker", "https://twitter.com/TradersWay", "https://www.instagram.com/traderswayforex/", "https://t.me/tw_eng" ], "identifier": { "@type": "PropertyValue", "propertyID": "Anguilla company registration number", "value": "A000001731" }, "location": { "@type": "Place", "address": { "@type": "PostalAddress", "streetAddress": "Radnicka 147", "addressLocality": "Valjevo", "postalCode": "14000", "addressCountry": "RS" } } }, { "@type": "WebSite", "@id": "https://www.tradersway.com/#website", "url": "https://www.tradersway.com", "name": "Trader's Way", "publisher": { "@id": "https://www.tradersway.com/#organization" } }, { "@type": "BreadcrumbList", "@id": "https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-june-21-2016/#breadcrumb", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://www.tradersway.com/" }, { "@type": "ListItem", "position": 2, "name": "Resources", "item": "https://www.tradersway.com/resources/" }, { "@type": "ListItem", "position": 3, "name": "Market Info", "item": "https://www.tradersway.com/resources/market-info/" }, { "@type": "ListItem", "position": 4, "name": "Forex Major Currencies Outlook (June 21, 2016)", "item": "https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-june-21-2016/" } ] } ] } ``` ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Person", "@id": "https://www.tradersway.com/#wayne-mcdonell", "name": "Wayne McDonell", "jobTitle": "Chief FX Strategist", "description": "Chief FX Strategist at Trader's Way, trading forex publicly since 2004. His analysis has appeared in the Wall Street Journal, Bloomberg Television, Fox Business, Futures Magazine and FOREX Journal Magazine. Author of \"Strategic and Tactical Forex Trading\".", "worksFor": { "@id": "https://www.tradersway.com/#organization" }, "knowsAbout": [ "Foreign exchange market", "Technical analysis", "Fundamental analysis", "Forex trading strategy" ], "sameAs": [ "https://www.youtube.com/c/tradersway" ] }, { "@id": "https://www.tradersway.com/#organization", "employee": { "@id": "https://www.tradersway.com/#wayne-mcdonell" } } ] } ```