Comments on: Pounded by Ongoing Recession

By: GBP/USD Outlook – January 25-29 | Forex Crunch

GBP/USD Outlook – January 25-29 | Forex Crunch — Sat, 23 Jan 2010 18:51:50 +0000

[...] upcoming week should be positive with the release of Q4 GDP. It’s expected to show an end to recession. Here’s an outlook for the upcoming events in Britain and an updated technical analysis for [...]

By: GBP/USD Outlook – January 18-22 | Forex Crunch

GBP/USD Outlook – January 18-22 | Forex Crunch — Sun, 17 Jan 2010 16:09:05 +0000

[...] a bit of light at the end of the tunnel. The signs of the end of the recession, rising prices and the turnaround of the economy are all fragile, but are better than figures of [...]

By: British Recession still hurts the Pounds | Forex Crunch

British Recession still hurts the Pounds | Forex Crunch — Tue, 22 Dec 2009 11:28:24 +0000

[...] British economy is still shrinking in Q3, and every release is painful: the first release was the biggest shock, when a 0.4% contraction was reported. The revised version was better, only 0.3%, but reminded us [...]

By: Forex Weekly Outlook – December 21-25 | Forex Crunch

Forex Weekly Outlook – December 21-25 | Forex Crunch — Mon, 21 Dec 2009 18:09:39 +0000

[...] British Current Account is expected to improve to a smaller deficit, and also the recession in Q3 is expected to be revised upwards to only 0.1% in the final release of British [...]

By: Pound to climb up the mound? | Forex Crunch

Pound to climb up the mound? | Forex Crunch — Tue, 08 Dec 2009 21:54:02 +0000

[...] isn’t the first time that this institute is ignored. I find this unjust. The NIESR institute foresaw the Q3 contraction. Before the the preliminary release of the GDP for the third quarter, the wide consensus of [...]

By: Forex Daily Outlook – December 8th 2009 | Forex Crunch

Forex Daily Outlook – December 8th 2009 | Forex Crunch — Mon, 07 Dec 2009 22:13:28 +0000

[...] The more interesting event in my opinion is the NIESR GDP estimate. This institute foresaw the ongoing recession in Britain, contrary to many economists’ [...]

By: British Pound Forecast – December 7-11 | Forex Crunch

British Pound Forecast – December 7-11 | Forex Crunch — Sat, 05 Dec 2009 19:37:08 +0000

[...] quarterly release by the government. Their estimations have proven very accurate. They foresaw the third quarter drop in the GDP while most economists were too optimistic. Even the guys at NIESR were too optimistic, as they [...]

By: Reality check for the Pound | Forex Crunch

Reality check for the Pound | Forex Crunch — Wed, 25 Nov 2009 09:56:38 +0000

[...] This figure was revised upwards from the preliminary release, that showed a contraction of 0.4%. The first release was very disappointing, and sent the Pound down by hundreds of pips. [...]

By: Forex Daily Outlook – November 25th 2009 | Forex Crunch

Forex Daily Outlook – November 25th 2009 | Forex Crunch — Wed, 25 Nov 2009 09:41:26 +0000

[...] Germany and the US, it’s Britain’s turn to publish an updated version of Q3 GDP. The UK is still in recession according to the preliminary release, and this isn’t expected to change, only edge up from [...]

By: GBP/USD Forecast - November 23-27 | Forex Crunch

GBP/USD Forecast - November 23-27 | Forex Crunch — Sun, 22 Nov 2009 09:38:24 +0000

[...] strength hit hard on the British Pound last week. The Pound faces the second version of the Q3 GDP which isn’t expected to change dramatically, among other events. Here’s an outlook for [...]