Archive for October, 2009
EUR/USD Outlook – October 26-30 2009
Looking for the latest outlook, for the current week? Check out the section: EUR/USD Forecast. EUR/USD pushed above the important 1.50 line, but has it run out of fuel? This week features 9 important releases in the Euro-zone, including inflation and unemployment numbers. Here’s an outlook for this week’s events in the Euro-zone, and an
British Pound Outlook – October 26-30 2009
Looking for the latest outlook, for the current week? Check out the section: GBP/USD Forecast After a wild week that ended with negative GDP, the Pound shrank with the economy. This week’s Nationwide HPI, CBI Realized Sales and 4 other events will move the Pound. Here’s a review of the upcoming week for the British
Australian Dollar Outlook – October 26-30 2009
Looking for the latest outlook, for the current week? Check out the section: AUD/USD Forecast AUD/USD finished the week a little bit higher, and tested new ground. This week’s inflation figures and 5 other indicators will shape the direction of the Aussie. Here’s an outlook for the events that will move the Aussie, and an
Canadian Dollar Outlook – October 26-30 2009
Looking for the latest outlook for this week? Check the full section: USD/CAD Forecast. After Mark Carney hurt the Canadian dollar in last week’s rate decision, he has a chance to change that in three public appearances this week. Here’s an outlook for this week’s events in Canada, and an updated technical analysis for USD/CAD. Apart
Forex Weekly Outlook – October 26-30 2009
The last week of October provides American and Canadian GDP, rate decision in New Zealand and Japan, and many other important figures from all over the globe. Will the dollar continue weakening? Let’s see what will affect the markets this week. General dollar weakness didn’t affect all the currencies. Some have their own troubles. In
Forex Links for the Weekend – October 24 2009
Here are some interesting forex-related articles from selected blogs. All of them have a scope of over one day’s trade, and they are in a variety of fields: Macro Man discusses the myth of a strong dollar policy in a very amusing post. Eric deCarbonnel explains why the confidence in the US dollar is under
Weekly Forex Roundup – Winners and Losers
The US Dollar gained against the Yen, the Pound and the Canadian dollar, but lost to the others. Here’s a review of the big moves in forex trading this week. The biggest story was the ongoing recession in Britain, that supplied a huge drop for the Pound on Friday. Dollar Weakness The US dollar index
Pounded by Ongoing Recession
British GDP in the third quarter fell by 0.4%, surprising economists but not surprising those who checked the unofficial NIESR estimate, that proved correct. The ongoing recession sent the Pound free-falling from the resistance line. Where will the fall stop? Consensus estimates regarding Britain’s third quarter GDP stood on 0.2%. Expectations were revised upwards during
Forex Daily Outlook – October 23rd 2009
After a day of range trading, there are many indicators today, especially for EUR/USD and GBP/USD traders. British GDP, German Ifo Business Climate and a speech by Ben Bernanke are the highlights of today. Let’s review the events. My post about EUR/USD and GBP/USD running out of fuel proved correct. Both pairs stalled yesterday, with
Forex Daily Outlook – October 22nd 2009
A busy day expects traders. Retail sales in Britain and Canada, American Unemployment Claims and various data from all over the globe will impact trading. Let’s review the events: The dollar regained some of its losses during the Asian session. The Euro and the Pound ran out of fuel. The dollar’s weakness isn’t enough to