# Forex Major Currencies Outlook (June 30, 2016) Source: https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-june-30-2016/ Language: en Updated: 2016-06-30 Description: Explore Forex Major Currencies Outlook (June 30, 2016). USDThe US. Trade Forex and CFDs on MT4 and MT5 with tight spreads, flexible leverage and fast funding. **USD** The US dollar gave up some ground but managed to pare some of its losses as risk appetite stayed in the markets. Data from the US came in line with expectations, as the core PCE price index was up 0.2% as expected while personal spending rose 0.4% even as personal income was slightly weaker than expected at 0.2% versus the consensus at 0.3%. Initial jobless claims and Chicago PMI are up for release today. **EUR** The euro was able to extend its rallies against most of its peers as traders continued to bank on smooth negotiations between the EU and the UK. German preliminary CPI came in line with expectations of a 0.1% uptick while Spanish flash CPI was stronger than expected with a 0.8% decline versus the projected 1.0% drop. Euro zone flash CPI estimates are due today and these should also provide guidance on whether the ECB might dole out more stimulus or not. **GBP** The pound had another winning day, thanks to strong UK data and hopes that the government can negotiate a good post-Brexit trade agreement. Net lending to individuals rose to 4.3 billion GBP and mortgage approvals came in at 67K versus the 65K consensus. UK current account balance and final GDP data is due today. **CHF** The franc continued to tread carefully as traders have been wary of additional SNB intervention. The Swiss UBS consumption indicator showed a gain from 1.24 to 1.35. Today has the KOF economic barometer on tap and a dip from 102.9 to 102.7 is expected. **JPY** The yen returned some of its recent wins as risk appetite was in play. To top it off, Japanese retail sales came in weaker than expected with a 1.9% decline versus the projected 1.6% drop. Japanese preliminary industrial production data is due today and a 0.1% dip is eyed. **Commodity Currencies (AUD, NZD, CAD)** The Loonie was another strong performer yesterday, lifted by a larger than expected reduction in stockpiles. US crude oil inventories fell by 4.1 million barrels, larger than the estimated reduction of 2.3 million barrels. In Australia, HIA new home sales dropped by 4.4%. New Zealand building consents and ANZ business confidence figures are lined up, along with Australian private sector credit data. Later on Canada will print its monthly GDP and a 0.1% expansion is expected. *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-30-2016/#primary", "url": "https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-june-30-2016/", "mainEntityOfPage": "https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-june-30-2016/", "headline": "Forex Major Currencies Outlook (June 30, 2016)", "inLanguage": "en", "datePublished": "2016-06-30T05:35:20+00:00", "dateModified": "2016-06-30T05:35:20+00:00", "articleSection": "Market Info", "description": "Explore Forex Major Currencies Outlook (June 30, 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-30-2016/#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 30, 2016)", "item": "https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-june-30-2016/" } ] } ] } ``` ```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" } } ] } ```