Post Tagged with: "Ben Bernanke"
Forex Weekly Outlook Feb. 27-Mar. 2
The US dollar was hit and the euro surged as optimism eventually followed the Greek bailout announcement. The upcoming week features the long awaited appearances by Ben Bernanke, updated US GDP and the long awaited LTRO of the ECB (cash to eurobanks), among other events. Wednesday, February 29th, is of high importance. Will the picture
EUR/USD Feb.16 – Falling in Narrow Channel on Greek Standstill
Euro dollar is slipping below the round number of 1.30, trading choppily in a steep narrow channel. The not-so-dovish words from the Federal Reserve and especially the ongoing standstill around Greece weigh on the pair. Has Greece met all the requirements? It depends on who you ask. The decisive Eurogroup meeting is now scheduled for Monday.
Forex Daily Outlook February 16 2012
In the US Fed Chairman Bernanke Speaks and ECB Monthly Bulletin in Europe are the major market-movers. Let see what awaits us today. In the US, Ben Bernanke, Federal Reserve Chairman is due to speak in Arlington. More in the US, Unemployment Claims, the weekly number of unemployment insurance that was filed, due to rise
Forex Weekly Outlook February 13-17
After some temporary attention to the US, the focus certainly returned to Athens in a very busy week, that left the greenback almost unchanged. Apart from Greek news, we have GDP in the euro-zone and Japan, employment figures in the UK and Australia, and the FOMC Meeting Minutes as the main events lined up this
EUR/USD Feb.10 – Pressured by Sisyphean Greek Negotiations
Euro dollar is sliding a bit lower after another late night Greek drama. The level of distrust in Brussels is high: Greece is expected to pass tough austerity and commit to the terms also after the elections before getting any aid. At least the ECB has shown more flexibility to provide some help to Greece, in
Forex Daily Outlook February 10 2012
We summarize this week in the UK Fed Chairman Bernanke Speaks and PPI Input in the UK are some of the major events this day. Here is an outlook on the market-movers awaiting us. In the US, Ben Bernanke, Federal Reserve Chairman, is about to speak in Orlando Later in the US, Trade Balance, value
EUR/USD Feb 8 – Bouncing from High Resistance on Slow Greek Progress
Euro dollar bounced off high resistance after the break higher yesterday. Political leaders in Greece made significant steps forward, and also the ECB may be willing to indirectly accept losses on Greek bonds, lowering the debt load on the Hellenic Republic. It seems that Germany counters this concession with a new idea to postpone the lion’s
EUR/USD Breaks Resistance On Greek Hope, Bernanke’s Gloom
Serious progress has been made among Greek politicians in accepting the troika’s demands. In the US, Ben Bernanke refused to cheer the drop in the unemployment rate and found negative aspects to cling to. Both events sent EUR/USD above the 1.3212 line and is now at the highest levels in 2012. It still has room
EUR/USD Feb 7- Waiting in Range for more Greek Cuts
Euro dollar is steady in the middle of the range, as talks between Greek leaders are close to conclusion regarding the terms of the bailout. Greek politicians have little choice, but they want to improve their position before the elections. In the meantime, Germany and France want to segregate the bailout money in a separate account,
QE3 in March has Little Chance
A new jobs report in the US and a deterioration in Europe could still push Bernanke to ease in March, but the chances are very low now. Regarding Greece, it is hard to fully price any outcome of the current round of the crisis, as there are too many moving parts that make the situation