Category: Weekly Forex Forecasts
GBP/USD Outlook – September 5-9
Continuing last week’s reversal the British pound fell further against the dollar this week. This week is very busy, with the rate decision in the limelight. Here is an outlook for this week’s events, and an updated technical analysis for GBP/USD. Sterling lost ground as the UK reported a lower August manfacturing PMI and a
USD/CAD Outlook – September 5-9
The Canadian dollar followed the US weakness and retreated. A busy week is a head with the rate decision, employment figures, housing data and Ivey PMI. Here’s an outlook for the Canadian events, and an updated technical analysis for the Canadian dollar. Last week Canadian domestic growth rate has rebounded in June after 0.3% drop in the previous month. This
NZD/USD Outlook – September 5-9
The New Zealand dollar kept the strong momentum and stood out. REINZ house price index is the major event this week. Here’s an outlook for the events in New Zealand, and an updated technical analysis for NZD/USD Last week NBNZ Business Confidence Survey plunged to 34.4 from 47.6 reading in the previous month. This decline came following the
USD/JPY Outlook – September 5-9
Dollar/yen remained range bound. Will it make a move, now that there’s a new government in Tokyo? The rate decision and BOJ Press Conference are the main events this week. Here’s an outlook for the Japanese events and an updated technical analysis for USD/JPY. Last week readings showed improvement in household spending, Average cash earnings, total domestic currency
EUR/USD Outlook – September 5-9 2011
Euro/dollar couldn’t break out of range and it ended the week 300 pips lower. Will it climb back within range or break lower? The upcoming week is very busy and consists of the rate decision among other events. Here is an outlook for these events, and an updated technical analysis for EUR/USD. The now quarterly
Forex Weekly Outlook –September 5-9
This week’s most important events are the rate decisions in Australia, Japan, Canada, the UK and in the Euro-Zone and employment data in Australia, and Canada. Here is an outlook on all the major events awaiting us this week. Last week the overall picture in the US has worsened after a flat reading of non-farm
USD/JPY Outlook – Aug 29-Sep 2
Dollar/yen finally broke out, but it retreated quite fast. Household spending, Retail sales and industrial production are the highlights of this week. Here’s an outlook for the Japanese events and an updated technical analysis for USD/JPY. Last week Tokyo Core CPI dropped 0.2% more than the 0.1% decrease predicted while the national CPI increased by 0.1% contrary to predictions of 0.1%
GBP/USD Outlook – Aug. 29 – Sep. 2
The British pound reversed its gains and closed lower. Is this the beginning of a long term move? The upcoming week consists of important PMI figures, among other data. Here is an outlook for this week’s events, and an updated technical analysis for GBP/USD. The “safe haven” status that the pound managed to gain is
NZD/USD Outlook – Aug 29 – Sep 2
The kiwi eventually had a happy end after three weeks of falls. Will this continue? Building Consents and NBNZ Business Confidence are the major events this week. Here’s an outlook for the events in New Zealand, and an updated technical analysis for NZD/USD Last week was quite good for NZ economy with trade balance remaining on surplus reaching129
EUR/USD Outlook – Aug. 29 – Sep. 2
Euro/dollar eventually closed higher after conquering fears. Is it about to break higher? The upcoming week is very busy, and consists of important figures for the next rate decision. Here is an outlook for these events, and an updated technical analysis for EUR/USD. It seems that QE3 is off the table in the US. Or