Recent Articles
Forex Daily Outlook March 27 2012
In the US CB Consumer Confidence and in the UK CBI Realized Sales are the main events lined up. Let’s see what awaits us today. In the US, CB Consumer Confidence, Monthly Survey to rate the existing and coming financial conditions with labor availability and overall monetary situation, decrease of 0.3 points from February to
USD/JPY: Trading the US Conference Board Consumer Confidence Index
The Conference Board Consumer Confidence Index is based on a monthly survey of about 5,000 households regarding their opinion of the economy, and its release often has a strong impact on market prices. A higher reading than the market forecast is bullish for the dollar. Here are all the details, and 5 possible outcomes for USD/JPY.
Forex Daily Outlook March 26 2012
We start the week with some interesting events like in the US Fed Chairman Bernanke Speaks as the main highlight on today’s outlook. Let’s see what awaits us today. In the US, Ben Bernanke, Federal Reserve Chairman is about to speak in Arlington. More in the US, Pending Home Sales, monthly report to rate the
USD/CHF: Trading The US Pending Home Sales
The US Pending Home Sales Report is an important leading economic indicator, considered by analysts as a excellent measure of consumer demand in the housing sector. A higher reading than forecast points to stronger activity in the housing industry and is bullish for the dollar. Here are all the details, and 5 possible outcomes for USD/CHF. Published on
AUD/USD Outlook March 26-30
AUD/USD dropped 140 pips this week, closing at 1.0460. The upcoming week is very quiet, with just three releases. Here is an outlook for the Australian events, and an updated technical analysis for AUD/USD. Updates: AUD/USD dropped below the 1.05 line, trading at 1.0412. Markets are waiting the release of HIA New Home Sales. AUD/USD continues to sag, trading at 1.0346 AUD/USD
USD/JPY Outlook March-26-30
Dollar/yen reversed its course and retreated after 6 weeks of rallying. Risk averse flows are mostly responsible for that. Will this continue in the last week of the Japanese fiscal year? Retail sales and household spending are the major events this week. Here’s an outlook for the Japanese events and an updated technical analysis for USD/JPY. The adjusted
GBP/USD Outlook March 26-30
After a strong surge last week, GBP/USD was unable to break out of range, and closed at 1.5858. The upcoming week is quite busy, with nine releases. Here is an outlook for the upcoming events, and an updated technical analysis for GBP/USD. With the the debt crisis still weighing on various European countries, and a slow improvement in
USD/CHF Outlook March 26-30
The Swiss franc showed little change against the dollar this week, closing at 0.9075. The upcoming week is very quiet, with only two releases this week. Here is an outlook for the Swiss events, and an updated technical analysis for USD/CHF. Despite outstanding numbers for Industrial Production and strong Trade Balance figures, the Swiss franc lost a bit of ground
NZD/USD Outlook March 26-30
The kiwi returned to falls as the economy doesn’t look that good. Will the pair fall under 0.80? NBNZ Business Confidence is the main event this week Here’s an outlook for the events in New Zealand, and an updated technical analysis for NZD/USD. Last week, GDP figures were softer than predicted for the fourth quarter with a 0.3% gain instead
USD/CAD Outlook March 26-30
The Canadian dollar slid against the greenback, but USD/CAD eventually remained below parity. Canadian GDP is the main event this week. Here’s an outlook for the Canadian events and an updated technical analysis for USD/CAD. Last week Wholesale sales and retail sales registered lower than expected readings signaling a temporary contraction in the Canadian economy amid high