Post Tagged with: "Axel Weber"
EUR/USD Apr. 13 – Moving Higher After Higher Inflation Data in Europe
EUR/USD secured the support line and is now advancing towards the next strong line of resistance. Stronger inflation figures in Europe and dovish statements in the US enable this move. We have a very busy day ahead. Here’s a quick update on technicals, fundamentals and sentiment currently moving the markets. EUR/USD Technicals Asian session: Euro/Dollar
Forex Daily Outlook – April 13 2011
British employment data, European industrial production and US retail sales are the highlights of a very busy day. Let’s see what’s awaiting us today. Later in the US, Beige Book, times per year, 2 weeks before each FOMC meeting and used by the FOMC to help make their next decision on interest rates. Later on
EUR/USD Apr. 11 – Settling Above High Support as Hawks Face Doves
EUR/USD starts the week with calm trading above high support, consolidating the gains from Friday’s rally. We have quite a few speeches to start the week, with contradicting messages expected. Is it getting ready for the next move? Or will it retreat from this point? Here’s a quick update on technicals, fundamentals and community trends.
Forex Daily Outlook – April 11 2011
U.S. Federal Reserve Bank of Chicago President Charles Evans and Federal Reserve Governor Janet Yellen speeches are the main events today. Here is an outlook on the major market-movers ahead. In the US, Federal Reserve Bank of Chicago President Charles Evans is due to speak at the Federal Reserve Bank’s “Risks & Resolutions – Creating
EUR/USD Outlook – April 11-15
It took some time, but the Euro eventually made a very strong rally after the rate hike, breaking above the next levels as well. Also the upcoming week is very busy, with no less than 9 events to rock the common currency, many of them inflation related. Here’s an outlook for the European events, and
Forex Daily Outlook – March 14 2011
We start the week with BOE Governor Mervyn King due to Speaks in in Tokyo and much more exciting events. Let’s see what awaits us today. In Canada, Capacity Utilization Rate, is about to rise by 1%. When producers are nearing full capacity they respond by raising prices, and the higher costs are usually passed
EUR/USD Outlook – March 14-18
After Euro/Dollar couldn’t break higher, it now expects a busy week. Here’s an outlook for the European events and an updated technical analysis for EUR/USD. Axel Weber pushes the Euro higher, and he’ll have another chance to express his hawkish views this week. Will he help the common currency again? Let’s start: EUR/USD daily chart
EUR/USD Mar. 10 – Tumbling Down on Spanish Downgrade
EUR/USD is losing support and falling as Spain received a painful downgrade from Moody’s. Where will this stop? Here’s a quick update on technicals, fundamentals and community trends. EUR/USD Technicals Asian session: Quiet session within 1.3860 – 1.3950 range. Fall began in European session. Current range – 1.3760 – 1.3860 Further levels in both directions:
Forex Daily Outlook – March 10 2011
Trade Balance in the US and Canada, Official Bank Rate in the UK are some of the exiting event that await us on today’s outlook. In the US, Unemployment Claims, individuals who filed for unemployment insurance for the first time during the past week; is about to rise by 7K. This is the nation’s earliest
EUR/USD Mar. 9 – Recovering in Lower Range
EUR/USD is making a small recovery within a lower range, after it began facing the bitter reality of the debt crisis. Will it break lower or complete the comeback? Here’s a quick update on technicals, fundamentals and community trends. EUR/USD Technicals Asian session: Rather calm session after falling beforehand. Current range – 1.3860 – 1.3950.