# Forex Major Currencies Outlook (June 26, 2013) Source: https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-june-26-2013/ Language: en Updated: 2013-06-26 Description: Explore Forex Major Currencies Outlook (June 26, 2013). USDThe US. Trade Forex and CFDs on MT4 and MT5 with tight spreads, flexible leverage and fast funding. **USD** The US dollar had some trouble sustaining its gains recently, despite stronger than expected data from the US. This may have been a result of an improvement in risk sentiment, which helped lift the higher-yielding currencies against the Greenback. The CB consumer confidence figure posted another record high, as it climbed from 74.3 to 81.4, higher than the estimated 75.2 reading. Meanwhile, new home sales improved from 466K to 476K, higher than the consensus at 462K. Durable goods orders were up by 3.6% and the core version of the report printed a 0.7% uptick instead of staying flat for the month. Today, only the US final GDP figure for the first quarter of the year is set for release, and no revisions are expected from the 2.4% reading. **EUR** The euro was barely able to benefit from ECB head Draghi’s speech, as the central bank governor focused on the existing challenges in the euro zone region. German GfK consumer confidence data is on tap for today and a small improvement from 6.5 to 6.6 is expected. A weaker than expected reading could push EUR/USD deeper below the 1.3100 major psychological level. **GBP** Cable managed to keep its head above the 1.5400 mark in yesterday’s trading, as UK data didn’t disappoint. BBA mortgage approvals rose by 36.1K while the CBI realized sales climbed from -11 to 1, as expected. The events on today’s schedule include BOE Governor King’s speech, the BOE financial stability review, and the government spending review. Given the recent improvement in public sector borrowing, upbeat remarks could be in the cards. If that’s the case, the pound could have a chance at holding on to its recent gains. **CHF** There have been no major reports on Switzerland’s calendar recently, which explains why USD/CHF has been slowly climbing up the charts. The UBS consumption indicator has just been released and it showed an improvement from 1.43 to 1.46, revealing that consumer-based indicators were better in May. No other reports are due from Switzerland today. **JPY** The Japanese yen rebounded against most of its major counterparts recently, as USD/JPY tested 97.00 while EUR/JPY found resistance around 128.00. There have been no major releases from Japan over the past 24 hours and none are due for the next trading sessions, suggesting that yen pairs could move to the tune of risk sentiment. **Commodity Currencies (AUD, NZD, CAD)** The Australian dollar and New Zealand dollar recovered slightly against the Greenback yesterday when the People’s Bank of China tried to reassure markets that a credit crunch won’t take place in China. AUD/USD climbed to the 0.9300 area while NZD/USD held on to the .7750 mark. As for USD/CAD, the pair continued to rally to the 1.0500 mark. No reports are due from the comdoll economies, other than the New Zealand trade balance in the next Asian session. *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-26-2013/#primary", "url": "https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-june-26-2013/", "mainEntityOfPage": "https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-june-26-2013/", "headline": "Forex Major Currencies Outlook (June 26, 2013)", "inLanguage": "en", "datePublished": "2013-06-26T12:31:04+00:00", "dateModified": "2013-06-26T12:31:04+00:00", "articleSection": "Market Info", "description": "Explore Forex Major Currencies Outlook (June 26, 2013). 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-26-2013/#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 26, 2013)", "item": "https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-june-26-2013/" } ] } ] } ``` ```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" } } ] } ```