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Forex Daily Outlook February 7 2012

Forex Daily Outlook February 7 2012

In the US Fed Chairman Bernanke Testifies and Building Permits in Canada are the main events lined up, let’s see what awaits us today. In the US, Ben Bernanke, Federal Reserve Chairman, is due to testify in Washington DC. More in the US, Investor’s Business Daily (IBD) TechnoMetrica Institute of Policy and Politics (TIPP), Economic Optimism

GBP/USD Outlook Feb. 6-10 2012

GBP/USD Outlook Feb. 6-10 2012

The British pound rally against the dollar slowed this week, with the pound gaining slightly against the greenback, closing the week at the 1.58 level. The upcoming week has seven releases. Here is an outlook for the upcoming events, and an updated technical analysis for GBP/USD. The Purchasing Managers’ indices in the UK were generally better than expected in January, and an official

Forex Daily Outlook January 10 2012

Forex Daily Outlook January 10 2012

FOMC Member Williams Speaks in the Us and Building Approvals in Australia are the main events lined up. Let’s see what awaits us today. In the US, John Williams, Federal Reserve Bank of San Francisco President, is about to speak in Vancouver. More in the US, Sandra Pianalto, Federal Reserve Bank of Cleveland President, is

GBP/USD Outlook Jan. 9-13

GBP/USD Outlook Jan. 9-13

GBP/USD started the week with a move upwards, and closed in on the 1.57 level. It then fell sharply, breaking below the 1.54 level, before recovering slightly. The upcoming week is a busy one, with seven releases. Here is an outlook for the upcoming events, and an updated technical analysis for GBP/USD. The pound continues to show weakness against

Forex Daily Outlook January 9 2012

Forex Daily Outlook January 9 2012

We start the week with some interesting events like FOMC Member Lockhart Speaks  in the US and BOC Business Outlook Survey  in Canada as the main highlight on today’s outlook. Let’s see what awaits us today. In the US, Dennis Lockhart, Federal Reserve Bank of Atlanta President, is about to speak in Atlanta. More in

Forex Daily Outlook December 6 2011

Forex Daily Outlook December 6 2011

Halifax HPI in the Uk and German Factory Orders in Europe are the main events lined up.  Let’s see what awaits us today. In the US, Daniel Tarullo, Federal Reserve Governor, is about to speak in Washington DC. More in the US, Investor’s Business Daily (IBD) TechnoMetrica Institute of Policy and Politics (TIPP) Economic Optimism,

GBP/USD Outlook December 5-9

GBP/USD Outlook December 5-9

The British pound enjoyed the optimism that came from the coordinated central bank action. Will it break even higher? The upcoming week is very busy, with the rate decision being the highlight. Here is an outlook for the upcoming events, and an updated technical analysis for GBP/USD. The housing sector is relatively stable: this was seen in

Forex Daily Outlook November 8 2011

Forex Daily Outlook November 8 2011

Manufacturing Production in the UK and Housing Starts in Canada are the main events lined up.  Let’s see what awaits us today. In the US, Charles Plosser, Federal Reserve Bank of Philadelphia President, is about to lecture in Philadelphia More in the US, Narayana Kocherlakota, Federal Reserve Bank of Minneapolis President is due to speak

GBP/USD Outlook November 7-11

GBP/USD Outlook November 7-11

The British pound couldn’t escape the debt crisis in continental Europe and slid lower in an exciting week. The upcoming week is very busy, with the rate decision being the star of the show. Here is an outlook for the upcoming events and an updated technical analysis for GBP/USD. Britain enjoyed some nice growth in Q3, but

Forex Daily Outlook – October 10 2011

Forex Daily Outlook – October 10 2011

New week with some interesting news in Europe on the Industrial Production and more.  Let’s see what awaits us today. In Europe, French Industrial Production, is a main financial health indicator that value the manufacturers output is about to reduce from 1.5% on September to -0.7% this month. More in Europe, Sentix Investor Confidence, monthly