Post Tagged with: "Axel Weber"
The eurozone peripherals raise a stink
Aussie hit overnight with yen also softer Dollar stages a partial comeback Weber’s hawkishness fails to spark the euro Broadbent might just join the MPC hawks Guest post by FxPro It appears that the bears were out in force on Tuesday picking over the slowing-rotting carcass that is Europe’s peripheral bond market ahead of the first
Forex Daily Outlook – March 9 2010
Australian Employment Data, New Zealand Rate Decision are the main events today. Here is an outlook on the events that will shape forex trading this day. In the US, Crude Oil Inventories measuring change in the number of barrels of crude oil held in inventory by commercial firms during the past week dropped 0.4M last
EUR/USD Mar. 8 – Falling Back After Failed Breakout
EUR/USD couldn’t break to higher ground and is now retreating within the range. Will the debt crisis take over the Mid-East crisis? Here’s a quick update on technicals, fundamentals and community trends. EUR/USD Technicals Asian session: Quiet session. Euro/Dollar fell to support at 1.3950 and bounced back. Current range – 1.3950 – 1.4030. Further levels
Forex Daily Outlook – March 8 2011
Very interesting day ahead of us, Housing Starts in Canada, Buba President Weber Speaks in Europe and much more. Let’s see what awaits us today. In Canada, Housing Starts, Annualized number of new residential buildings that began construction during the previous month; is about to rise by 4K. Leading indicator of economic health because building
EUR/USD Feb. 23 – Testing Critical Resistance
EUR/USD is rising and hesitating towards critical resistance after an impressing comeback yesterday. Will it break higher this time? Here’s a quick update on technicals, fundamentals and community trends. EUR/USD Technicals Asian session: Euro/Dollar jumped above 1.3700 and managed to stay there. Current range – 1.37 – 1.3760 Further levels in both directions: Below 1.37,
EUR/USD Going For Negative Close as Weber Steps Down
ECB member Axel Weber’s resignation has been confirmed – Weber was a candidate to replace Trichet, and a highly respected central banker. His loss is a loss for the Euro, which aims to break support, on this news and other troubles. Update. Not only Mubarak steps down in Egypt. After rumors have circulated throughout the week, it
EUR/USD Feb. 10 – Falling Towards Support
EUR/USD is losing the nice gains it made yesterday and is approaching support. Where will it go on this busy day ? Here’s a quick update on technicals, fundamentals and community trends. EUR/USD Technicals Asian session: Euro/Dollar failed to break above 1.3760 and fell through 1.37. Fall continues in European session. Current range – 1.3610
Forex Daily Outlook – February 10 2011
Unemployment Claims in the US, Manufacturing Production in the UK are some of the interesting events on this hectic day. Let’s see what awaits us today. In the US, Unemployment Claims, individuals who filed for unemployment insurance for the first time during the past week is about to reduce by 4K. It is an important
EUR/USD Feb. 7 – Showing Signs of Recovery?
EUR/USD starts the week positively and rises on hopes. Will it recover from the blow on Friday? Or is this a temporary consolidation? Here’s a quick update on technicals, fundamentals and community trends. EUR/USD Technicals Asian session: Active session saw 1.3560 and then a rise to 1.3620. Current range – 1.3610 to 1.37. Further levels
Forex Daily Outlook – February 7 2011
We start the week with some interesting events such as Building Permits in Canada, a speech by Axel Weber and much more. Let’s see what awaits us today. In the US, Consumer Credit, value of outstanding consumer credit that requires installment payments, is about to rise by 039%. It’s correlated with consumer spending and confidence