Post Tagged with: "BBA Mortgage Approvals"
Forex Daily Outlook – August 25th 2009
After a slow start, Tuesday is a very busy day: American CB Consumer Confidence and German GDP are the highlights. There’s lots more from all over the globe. New Zealand’s Inflation Expectations start the day. Prices aren’t rising in New Zealand, but they haven’t reached deflation yet. In Europe, German Final GDP will supply a strong start
Forex Weekly Outlook – August 24-28 2009
The last week of August brings revised GDP figures in the US and Britain, Durable Goods Orders and more important releases. What will be the dollar’s direction this week? Here’s the weekly outlook. The US dollar made some late gains on Friday afternoon. The Jackson Hole conference going on during the weekend, with the positive feeling
Forex Daily Outlook – July 23rd 2009
Busy day today with American Existing Home Sales and Unemployment Claims dominating the scene. Also note the British Retail Sales. And there’s lots more. Let’s see what’s on the menu: In Australia, RBA Assistant Governor Dr. Guy Debelle will speak also today, and might move the Aussie. European Current Account is predicted to remain negative, but
British Pound Outlook – July 20-24 2009
GBP/USD closed the week at 1.6330, a “good place in the middle”. It can go in any direction. The Pound faces a week full of events, with the GDP being the last and most important of them all. Here’s an outlook of the week’s major British indicators, as well as a technical analysis of GBP/USD.
Forex Weekly Outlook – July 20-24 2009
The upcoming week in forex trading has many important figures: Canadian rate decision, American Existing Home Sales and British GDP are the highlights, together with Ben Bernanke’s testament. Will the currencies break out of the ranges they cling to? Let’s see what can move them this week
Forex Daily Outlook – June 23th 2009
Economic indicators gear up today with many European PMI figures and American Existing Home Sales. After a strong start for the dollar, tension rises towards Wednesday’s FOMC Statement. The escalation in Iran also supports the greenback. The Iranian army has vowed to interfere to stop the protests, that haven’t stopped. The troubles in this oil
British Pound Outlook – June 22-26 2009
The British Pound has formed a new support line last week, and has narrowed its range. Will it make the break this week? 5 key events will shape the direction of GBP/USD this week: Rightmove HPI, BBA Mortgage Approvals, CBI Realized Sales, Inflation Report Hearings and Nationwide HPI. Here’s an outlook for this week’s key events in the Pound, and
Forex Weekly Outlook – June 22-26 2009
The two day FOMC meeting will draw most of the attention this week. Will Bernanke hint anything about future rate changes? Also this week, home sales figures in the US, PMI data in Europe and important British figures will shake the market. And of course, the Iranian election crisis is still with us. Here are
British Pound Continues North
Friday’s Nationwide HPI supplied more fuel for the Pound, which is now aiming for 1.62. All in all, it was a succesful week for the British Pound, which sees major resistance at 1.67. A roundup of this last week of May. British Indicators Earlier this week, indicators were negative, but the Pound didn’t always react
Pound at Higher Ground – The Road North is Open
The British Pound made a push forward in it’s journey upwards, getting close to 1.61. As aforementioned, serious resistance appears only at 1.67, so the road north is open. Review and Outlook… Last week, the British Pound broke strong resistance levels and closed above 1.59. This week’s scary news from North Korea ignited risk aversion.