Post Tagged with: "AIG Services 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,
Forex Daily Outlook January 4 2012
Factory Orders in the US and Construction PMI in the UK are the main events today. Here is an outlook on the market-movers awaiting us In the US, Factory Orders, production leading indicator to value the new manufacturers’ orders over the past month, rise is expected from -0.4% up to 1.9% More in the US,
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 December 5 2011
We start the week with some interesting events like ISM Non-Manufacturing PMI in the US and Services PMI in the UK as the main highlight on today’s outlook. Let’s see what awaits us today. In the US, The Institute for Supply Management (ISM) Non-Manufacturing Purchasing Managers’ Index (PMI); Monthly Survey to value the business conditions
Forex Daily Outlook – November 2 2011
Today we have key events: FOMC Statement in the US and Construction PMI in the UK as the main highlights on today’s outlook. Let’s see what awaits us today. In the US, FOMC Statement, the key tool that is used by the FOMC regarding monetary policy with investors, and regarding financial conditions for other policy
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
Forex Daily Outlook – October 4 2011
Ben Bernanke’ and Jean-Claude Trichet’ speeches are the highlight of today’s events. Here is an outlook on the market-movers awaiting us. In the US, Ben Bernanke testifies at the Joint Economic Committee, in Washington DC. His words have a major impact on the market. Later in the US, Sarah Bloom Raskin FOMC member is scheduled
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 – September 5-9
The Aussie gained steadily through most of the week, marking its longest winning streak since April before falling off slightly Friday. Post Bernanke’s speech, the AUD has benefited from a modest improvement in risk sentiment taking hold in the markets. The upcoming week is very busy, and consists of no less than 9 events. Here
Forex Daily Outlook – September 5 2011
We start the week with Services PMI in the UK and more. Let’s see what awaits us today. In Europe, Retail Sales, key gauge for consumer spending and affected the overall economic activity; about to reduce from 0.7% on August to 0.1% now. More in Europe, Final Services Purchasing Managers’ Index (PMI), due to remain