Post Tagged with: "Alistair Darling"
GBP/JPY Breaking Higher
The British Pound got some great news, managed to climb. While GBP/USD stopped at a resistance line, GBP/JPY managed to break higher. Update on both pairs. British Nationwide HPI rose by 0.7%, significantly higher than the early expectations for a 0.2%. This important house prices index showed that the dip in house prices last month
Forex Daily Outlook – March 30th 2010
Today’s calendar is already busier. British Final GDP and the American CB Consumer Confidence will stand out. Let’s see what’s awaiting us today. Non-Farm Payrolls for March continue to carry high expectations. While this might boost the dollar, Monday’s trade wasn’t too favorable for the greenback. Today’s figures could set the direction
Not the Pound’s Darling (3)
Every major appearance by Alistair Darling is a blow for the Pound. This time isn’t different. At the annual budget release, Darling released a few disappointing statements sending GBP/USD towards an important support level. Less than two months before the general elections, Britain’s budget was presented in parliament. Alistair Darling, Britain’s Chancellor of the Exchequer,
Forex Daily Outlook – March 24th 2010
A busy day expects forex traders. The British budget release, American new durable goods orders and new home sales, New Zealand’s GDP and lots of European figures will rock the markets today. Let’s see what’s awaiting us: Flash purchasing managers’ indices pour in during the European morning. France starts with its manufacturing and services figures.
Forex Weekly Outlook – December 14-18 2009
The upcoming week in forex trading has the FOMC meeting in the limelight. In addition, British employment figures, Australian GDP and inflation data from all over the world will dominate the scene, in the last full trading week of the year. Here’s a review of the major events in the upcoming week. American Non-Farm Payrolls,
Not the Pound’s Darling (2)
Alistair Darling’s pounded the Pound once again. The “supertax” on bank bonuses distracted the markets for a short time, until the pre-budget was fully digested. The gloomy picture drawn in the report sent the Pound down across the board, a day before the rate decision
Forex Weekly Outlook – May 25-29 2009
After a holiday in the US, forex trading this week will be affected by New and Existing Home Sales, Durable Goods Orders and the second release of GDP. Yup, after a horrible week for the dollar, the scene is dominated by American figures. And of course, there are many interesting figures elsewhere. Let’s see what’s on
Forex Daily Outlook – May 12th 2009
There’s some beef today in forex trading: American and Canadian Trade Balance, British Manufacturing Production and Austrlian Annual Budget Release will draw attention. And there’s more. Let’s see what’s up. Australian Home Loans start the day. They’re expected to rise by 4.5%. Australia enjoys falling unemployment rates and a high interest rate. It’s the strongest economy in
Forex Weekly Outlook – May 4 – 8 2009
Big week ahead in forex trading: Non-Farm Payrolls, Rate decision from Europe, Britain and Australia and employment figures from all over the globe promise an exciting week. Also note the Stress Test results. Let’s dive into the main events for this week: Monday, May 4th: Both British and Japanese banks are on holiday, so trading
Pound Recovers Despite Deepening Recession
British Prelim GDP, came out worse than expected, yet the Pound is recovering and reaching last week’s levels. Here’s a roundup of the latest events in the critical week for the Pound. The critical week for the Pound came to an end with the Prelim GDP – the main gauge of economic activity. British GDP