Post Tagged with: "Asset Purchase Facility"
GBP/USD Outlook – October 3-7
The British pound managed to correct its falls very nicely. The upcoming week will be much more challenging: the fourth quarter begins with many key indicators, and a rate decision that will be closely watched. Here is an outlook for the British events, and an updated technical analysis for GBP/USD. Britain managed to distance itself from the worsening debt
GBP/USD Rises As No New QE Is Announced in Britain
British policymakers made no change in policy for another month. There was some speculation that the MPC would increase the Asset Purchase Facility. This didn’t happen now, and the pound manages to edge up on a mini relief rally. Talks about an expansion of the QE program above 200 billion pounds already allocated to it
Forex Daily Outlook – September 8 2011
US trade balance, Ben Bernanke’s speech and US Unemployment claims are the major market-movers. Let see what awaits us today. In theUS, Trade Balance, The gap between imports and exports has widened in June reaching -53.1B from -50.8B in the previous month. The gap is expected to narrow to -50.3B this time. Ben Bernanke speaks
GBP/USD Outlook – September 5-9
Continuing last week’s reversal the British pound fell further against the dollar this week. This week is very busy, with the rate decision in the limelight. Here is an outlook for this week’s events, and an updated technical analysis for GBP/USD. Sterling lost ground as the UK reported a lower August manfacturing PMI and a
Forex Daily Outlook – August 4 2011
Unemployment Claims in the US and ECB Press Conference in Europe are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, weekly report to measure the number of unemployed that are first filing for insurance, rise is expected from 398K on the last week to 404K this time. Later in
GBP/USD Outlook – August 1-5
A very busy week awaits cable traders. Every day provides a major economic indicator to rock the pound. Here is an outlook for the British events, and an updated technical analysis for GBP/USD. The British economy continued growing in Q2, by 0.2%. This slow growth rate was cheered by the pound, due to fears that
Forex Daily Outlook – July 7 2011
Unemployment Claims in the US and Minimum Bid Rate in the UK are the main highlight on today’s outlook. Let’s see what awaits us today. In the US, ADP Non-Farm Employment Change indicating the number of people employed in the private sector gained only 38,000 in May vs. 177,000 in the previous month. This reading
GBP/USD Outlook – July 4-8
The British pound found a lower bottom this week, but managed to bounce from there. A very busy week consists of key economic figures as well as the rate decision. Will it break lower? Here’s an outlook for the British events, and an updated technical analysis for GBP/USD. In the inflation hearings, Mervyn King and
GBP/USD Outlook June 6-10
The British pound had a bad week as many indicators have shown a slowdown in the British economy. The upcoming is very busy as well, with the rate decision being the highlight. Here’s an outlook for the British events, and an updated technical analysis for GBP/USD, now in lower ground. Only the construction sector was
GBP/USD Outlook for May 2-6
The British pound enjoyed the greenback’s weakness for further gains. This week, the pound will be tested at home. No less than 12 events are expected now, including key PMI figures as well as the rate decision. Here’s an outlook for these events and an updated technical analysis for GBP/USD. The main downer of the