Category: Weekly Forex Forecasts
GBP/USD Outlook December 5-9
The British pound enjoyed the optimism that came from the coordinated central bank action. Will it break even higher? The upcoming week is very busy, with the rate decision being the highlight. Here is an outlook for the upcoming events, and an updated technical analysis for GBP/USD. The housing sector is relatively stable: this was seen in
Forex Weekly Outlook December 5-9
The debt crisis in Europe will continue taking the center stage, with the climax being the EU Summit on Friday. Rate decisions in Europe, the UK, Australia and New Zealand are other highlights in this busy week. Here is an outlook on the major market-movers lined up. Non-Farm Payrolls came out as expected, but the
USD/CHF Outlook – Nov. 28 – Dec. 2
The US dollar continued to improve against the Swiss franc last week, as USD/CHF closed the week 120 points higher than the previous week’s close. The upcoming week is a busy one, with the release of five important indicators, as the Euro Zone debt crisis continues to worry the markets. Here is an outlook for the Swiss events, and an updated technical analysis
AUD/USD Outlook – Nov. 28 – Dec. 2
The Aussie was down sharply against the US dollar, and is well below parity, testing the 0.97 level. The upcoming week is quite busy in terms of events, with the release of seven indicators. Here is an outlook for the Australian events, and an updated technical analysis for AUD/USD. Economists are predicting that Australia’s economy will grow by a healthy 3.3 per cent
EUR/USD Outlook Nov. 28 – Dec. 2
Euro/dollar made another move lower, on the spread of the bond rout to the core of the core: Germany. Apart from the worsening debt crisis, the upcoming week features 10 indicators. Here is an outlook for the events and an updated technical analysis for EUR/USD. Germany failed to cover a routine bond auction, and its yields
NZD/USD Outlook Nov. 28-Dec. 2
The kiwi suffered another week of significant losses, hurt by the deteriorating debt crisis in Europe. Will the re-election of John Key help the New Zealand dollar stabilize? NBNZ Business Confidence and building consents are the main events this week. Here’s an outlook for the events in New Zealand, and an updated technical analysis for NZD/USD Last week inflation expectations dropped
USD/JPY Outlook Nov. 28-Dec. 2
Dollar/yen is on the rise despite growing global fears. The crisis in Europe is pushing the dollar higher, and even the “safe haven” yen retreats. Retail sales and Prelim Industrial Production are the main events this week. Here’s an outlook for the Japanese events and an updated technical analysis for USD/JPY. Last week a certain setback in Japan’s ongoing recovery
USD/CAD Outlook Nov. 28-Dec. 2
The Canadian dollar couldn’t hold its ground against a rising US dollar, and USD/CAD continued north. GDP and employment figures are the major events this week. Here’s an outlook for the Canadian events and an updated technical analysis for USD/CAD. The crisis in Europe is definitely taking its toll. The failed German auction was the highlight of an eventful week.
GBP/USD Outlook Nov. 28 – Dec. 2
The British pound couldn’t escape the European debt crisis, and the discussion about more QE in Britain. The upcoming week consists of two important PMIs among other figures. Here is an outlook for the upcoming events, and an updated technical analysis for GBP/USD. British bonds did enjoy the failed German bond auction, but this wasn’t enough to
Forex Weekly Outlook Nov. 28-Dec. 2
This was the week that the euro got a very serious blow, with the failed German auction. Trouble reached the core of the core. The “safe haven” US dollar enjoyed the mess and made gains across the board. Will this continue? Non-Farm Payrolls are the highlight of this week, that also features other major US