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Forex Daily Outlook February 2 2012

Forex Daily Outlook February 2 2012

Unemployment Claims in US and Construction PMI in the UK are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, monthly indicator to value the unemployment insurance that was filed on the last week, is predicted to drop down from 377K to 373K this week. More in the US, Ben

Forex Daily Outlook February 1 2012

Forex Daily Outlook February 1 2012

ISM Manufacturing PMI in the US and Manufacturing PMI in the UK are the main events today.  Here is an outlook on the market-movers awaiting us. In the US, The Institute for Supply Management (ISM) Manufacturing Purchasing Managers’ Index (PMI); Monthly Managers Survey to value the business conditions such as new orders, deliveries and inventories,

USD/JPY Outlook Jan. 30 – Feb. 3

USD/JPY Outlook Jan. 30 – Feb. 3

Dollar/yen made a sharp move higher but couldn’t break resistance eventually ended the week lower. Household Spending and Industrial Production are the major events this week. Here’s an outlook for the Japanese events  and an updated technical analysis for USD/JPY. Last week The Bank of Japan maintained its interest rate at 0-0.10% and did not alter its 55 trillion yen quantitative easing program

Forex Daily Outlook December 28 2011

Forex Daily Outlook December 28 2011

Switzerland, KOF Economic Barometer is the main event today. Here is a short review of the main events lined up. In the US, Treasury Currency Report issued twice a year is a globaland detailed report of rate policies in various countries around the world is expected to be released today. In Switzerland, KOF Economic Barometer,

USD/JPY Outlook December 26-30

USD/JPY Outlook December 26-30

Dollar/yen ticked up for a second week in a row, but didn’t too far. Household Spending, Retail Sales and Tokyo Core CPI are the highlight of this week. Here’s an outlook for the Japanese events closing 2011 and an updated technical analysis for USD/JPY. Last week Japan’s central bank released its monetary policy statement announcing the continuation of

Forex Daily Outlook November 30 2011

Forex Daily Outlook November 30 2011

US ADP Non-Farm Employment Change and US Pending Home Sales are the main events today.  Here is an outlook on the market-movers awaiting us In the US, Automatic Data Processing, Inc. (ADP) Non-Farm Employment Change, measures the number of employed people over the last month (without government & farming industry), rise is expected from 110K

USD/JPY Outlook Nov. 28-Dec. 2

USD/JPY Outlook Nov. 28-Dec. 2

Dollar/yen is on the rise despite growing global fears. The crisis in Europe is pushing the dollar higher, and even the “safe haven” yen retreats. Retail sales and Prelim Industrial Production are the main events this week.  Here’s an outlook for the Japanese events and an updated technical analysis for USD/JPY. Last week a certain setback in Japan’s ongoing recovery

Forex Daily Outlook – November 1 2011

Forex Daily Outlook – November 1 2011

US ISM Manufacturing PMI and UK housing data are the main events lined up.  Let’s see what awaits us today. In the US, ISM Manufacturing PMI and important Manufacturing activity gauge, increased more than predicted to 51.6 in September after reaching 50.6 inAugust. A further rise to 52.3 is expected now. Later in the US,

USD/JPY Outlook – Oct. 31-Nov. 4

USD/JPY Outlook – Oct. 31-Nov. 4

Dollar/yen tested lower ground and marked a new bottom. Will the BOJ intervene? Monetary Policy Meeting Minutes and Average Cash Earnings are the major events this week.  Here’s an outlook for the Japanese events and an updated technical analysis for USD/JPY. Last week trade balance deficit narrowed nicely to 0.02T following 0.27T shortage  but retail sales dropped more than expected

Forex Daily Outlook – October 4 2011

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