Post Tagged with: "Beige Book"
Forex Daily Outlook – June 10th 2009
After two slow days, the economic calendar is fully packed today: Trade Balance in Britain, Canada and the US, an interest rate decision in New Zealand and GDP in Japan are the highlights. And there’s lots more. Let’s see what’s on the menu… Australian Home Loans start the day. After rising by 4.9%, they are
Forex Weekly Outlook – June 8-12 2009
After a wild week that exceeded expectations, this week is relatively quiet. Trade Balance will be published almost everywhere. American Retail Sales will also stand out, as well as an interest rate from New Zealand. Here are the major events for this week: Non-Farm Payrolls closed the week with a big surprise. The dollar won
Forex Daily Outlook – April 15th 2009
There are lots of economic indicators today from the US, with TIC Long-Term Purchases and Core CPI being at the center. Let’s dive in: Revised Industrial Production is expected to remain with the preliminary results of a plunge of 9.4%. The Japanese economy is suffering. Another indicator for British housing can be found in Britain’s DCLG HPI, which
Forex Daily Outlook – March 4th 2009
In this mad forex week, Wednesday is relatively a “calm before the storm”. But it’s only relatively, since there are a few important releases today as well, that could help the Euro decide if it’s really breaking out… Australia, the country down under with up over interest rates, showed a surprising contraction: GDP fell by
Forex Daily Analysis – January 14th 2009
Yesterday, the dollar made gains against all the currencies, except the Yen. Today, this trend is reversed: EUR/USD, GBP/USD and USD/CHF went against the dollar, while USD/JPY went in favor of the Japanese Yen. In Australia, the monthly Home Loans were surprisingly good – they showed a rise of 1.3%, more than 1.0% that was expected.