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Forex Daily Outlook January 27 2012

Forex Daily Outlook January 27 2012

We summarize this week Advance GDP in the US and M3 Money Supply in Europe are the major events this day. Here is an outlook on the market-movers awaiting us. World Economic Forum (WEF) Annual Meetings – Day 3, this time is held in Davos for Bankers, Political, trade & finance Ministers and Commercial leaders

Forex Weekly Outlook January 23-27

Forex Weekly Outlook January 23-27

The dollar dropped sharply in a very positive week. Is this temporary or a does it represent a big change? Initial GDP figures for the US and the UK and two rate decisions are the major events this week. Here is an outlook on the main market-movers coming our way. The upcoming Greek debt deal

Forex Daily Outlook – October 27 2011

Forex Daily Outlook – October 27 2011

US GDP and Unemployment claims are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, weekly report to value the unemployment that filed for insurance, is about to rise by 1K up to 404K this week. Later in the US, Pending Home Sales, homes for sale that are under contract

Forex Weekly Outlook – October 24-28

Forex Weekly Outlook – October 24-28

The US dollar fell for another week as the panic seen early in the money continues to unwind. Will this weakness come to an end? The EU economic summit, rate decisions in Canada, Japan and New Zealand and US housing and employment figures are the major events this week. Here is an outlook on the

Forex Daily Outlook – July 29 2011

Forex Daily Outlook – July 29 2011

Advance GDP in the US and Nationwide HPI in the UK are the major events this day. Here is an outlook on the market-movers awaiting us. In the US, Advance Gross Domestic Product (GDP), quarterly index to measure the inflation-adjusted value of all services and goods manufactured by the economy; small reduce to 1.6% this

EUR/USD: Trading the US GDP Release

EUR/USD: Trading the US GDP Release

The broadest measure of the economy always rocks the markets, especially in the first release. Another quarter of weak growth is expected in the world’s largest economy. Here are the details for this all-important release, and 5 possible scenarios for EUR/USD, a pair busy in an “ugly contest”. Published on July 29th, at 12:30. Indicator

US GDP Falls Below Low Expectations – Dollar Recovery Stalls

US GDP Falls Below Low Expectations – Dollar Recovery Stalls

The initial release of GDP for the first quarter of 2011 shows very weak growth of 1.8% at an annual rate. Early expectations stood on 1.9%. In addition, the weekly jobless claims figure made a leap to 429K, back to the high range after a few good months. The recovery of the dollar after Bernanke’s

EUR/USD: Trading the US GDP Publication

EUR/USD: Trading the US GDP Publication

The first release of the GDP for the first quarter holds very low expectations. Is the US economy slowing down? On this background, there’s room for a surprise and a lot of price action in currencies. Here are the details and 5 scenarios for the action in EUR/USD. On Thursday, April 28th, at 12:30 GMT,

Forex Weekly Outlook –April 25-29

Forex Weekly Outlook –April 25-29

US housing Data, Federal Funds Rate, Unemployment Claims and Bernanke’s speech are the major events this week. Let’s review the major market-movers coming up. The credit warning by S&P had a strong and negative effect on the US dollar, sending it down across the board. Talks about a default in Greece are also mounting. Both

EUR/USD Jan. 28 – Battle Over 1.37 Continues

EUR/USD Jan. 28 – Battle Over 1.37 Continues

EUR/USD is still struggling to hold above 1.37, the line that capped it for many days, as we await GDP in the US. How will it close the wee ?  Here’s a quick update on technicals, fundamentals and community trends. EUR/USD Technicals Asian session:  struggled  just above 1.37.. Current range – 1.37 to 1.3830 Further