Post Tagged with: "AIG Manufacturing Index"
AUD/USD Outlook January 30 – February 3
The Australian dollar had another outstanding week against the greenback, climbing almost 200 points. The upcoming week is extremely busy, with nine indicators being released. Here is an outlook for the Australian events, and an updated technical analysis for AUD/USD. The US dollar weakened against most major currencies following Bernanke’s announcement that interest rates will likely remain near zero until late 2014. However,
AUD/USD Outlook January 2-6 2012
The Australian dollar showed some movement at year’s end, dropping close to the parity level before rallying to end the year just shy of the 1.02 level. The upcoming week has four indicator releases. Here is an outlook for the Australian events, and an updated technical analysis for AUD/USD. The markets may have bid farewell to 2011, but the European debt crisis hasn’t gone
Forex Daily Outlook – October 31 2011
We start the week with some interesting events such as Chicago PMI in the US and GDP in Canada as the main highlight on today’s outlook. Let’s see what awaits us today. In the US, Chicago Purchasing Managers’ Index (PMI); monthly managers in Chicago survey to value the business conditions for employment, new orders etc.
AUD/USD Outlook – Oct. 31 – Nov. 4
The Aussie had another volatile week that provided quite a few opportunities and it eventually ended it on higher ground. The upcoming week is very busy, with the rate decision being the highlight of 12 events. Here’s an outlook for these events, and an updated technical analysis for AUD/USD. The moderate rise in prices leaves room for
AUD/USD Outlook – October 3-7
The Aussie dropped for a fourth week in a row. Will it continue lower at the beginning of the fourth quarter? We have a very busy week, with the rate decision in the limelight. Here is an outlook for the Australian events, and an updated technical analysis for AUD/USD, now in lower ground. More signs of slowdown
AUD/USD Outlook – Aug. 29 – Sep. 2
The Aussie managed to close the week higher, but it is still capped by resistance. The upcoming week is very busy, with no less than 8 indicators awaiting us. Here is an outlook for these events and an updated technical analysis for AUD/USD. The assumption about no new QE in the US hurt the Aussie,
AUD/USD Outlook – August 1-5
After breaking to new ground, Aussie traders expect a very busy week. Among the 12 events, the rate decision draws the most attention. Here is an outlook for the Australian events, and an updated technical analysis for AUD/USD. The main drivers of the Australian dollar were fresh quarterly inflation figures. Rising prices mean that rates
AUD/USD Outlook – June 27 – July 1
The Australian dollar was hit by global fears and retreated, still remaining in range. The upcoming week consists of key interesting figures from Australia and also from China. Here is an outlook for the Australian events, and an updated technical analysis for AUD/USD, now in lower ground. The end of QE2 in the US and
AUD/USD Outlook May 30 – June 3
The Australian dollar managed to gain ground for another week, after pulling from lows once again. The upcoming week is very busy, with GDP being the highlight. Here’s an outlook for the 14 events expecting us, and an updated technical analysis for AUD/USD. The stabilization of commodity prices and the weakness of the US economy,
AUD/USD Outlook for May 2-6
The Australian dollar continues to lead with another week of significant gains across the board. Is a correction due now? The upcoming week is very busy. The rate decision is highlight amongst 11 events. Here’s an outlook for these events, and an updated technical analysis for AUD/USD. Not only did the Aussie enjoy the weakness