Forex Daily Outlook – December 31st 2009
On New Years Eve, there still are a few notable events, especially in Britain. Here’s the last outlook for 2009:
Here’s a song for the new year, by U2:
Australia’s Private Sector Credit is expected to show a small rise of 0.1% after being unchanged last time. For more on the Australian dollar, read the AUD/USD forecast.
In Britain, Nationwide HPI is expected to show another month of rise in house prices, this time by 0.4%, following a 0.5% rise last month. The recovery of home prices doesn’t fully affect the economy.
Later in Britain, the BOE Credit Conditions Survey will shed some light on borrowing in Britain, and on the whole economy. For more on the Pound, read the GBP USD forecast.
In the US, weekly Unemployment Claims, which helped push the dollar up on Christmas Eve, are expected to rise back again, from 452K to 460K this time.
That’s it for 2009. Tomorrow the markets are closed. See you in 2010!
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Forex Daily Outlook – December 30th 2009
A day before New Years Eve, there are a few events that will move the currencies on the continued thin trading. Chicago PMI will stand out. Let’s see what’s up for today:
Arabic version of this post
AUD/USD and USD/CAD broke out on thin volume
The Canadian and Australian dollars enjoyed the greenback’s weakness to make breakouts. This happened without any substantial data coming out of these countries, and also on low volume. Positions should be carefully made on these currencies.
In the meantime, EUR/USD and GBP haven’t made impressing moves. That’s another reason to be cautious about these moves.
Forex Daily Outlook – December 29th 2009
After a day in which many countries were on holiday, today most markets are open, and there are a few notable indicators, with American consumer confidence being the most important one. Let’s see what’s up for today:
In Switzerland, the UBS Consumption Indicator is predicted to edge higher from last month’s 0.87 points. USD/CHF seems stable [...]
Forex Weekly Outlook – December 28-31 2009
This is probably the slowest week in the year, as many traders are on holiday between Christmas and New Years Day which closes the week. American consumer confidence and Chicago PMI will stand out on this thin-volume week. Let’s see what’s awaiting us in the last week of 2009:
The dollar’s comeback in recent weeks came [...]
EUR/USD Forecast – December 28-31
Looking for the latest outlook, for the current week? Check out the section: EUR/USD Forecast
The Euro went even lower this week, and got used to a new range. The last week of 2009 doesn’t have many indicators, but German inflation numbers are still important with the Euro-zone’s deflation. Here’s an outlook for the upcoming week [...]
GBP/USD Forecast – December 28-31
Looking for the latest outlook, for the current week? Check out the section: GBP USD Forecast
The British Pound continued falling this week, especially hurt by the final release of GDP. The upcoming holiday week contains very few indicators. Here’s an outlook for the events that will affect the Pound, and an updated technical analysis.
GBP/USD chart with [...]
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