Post Tagged with: "BSI Manufacturing Index"
Forex Daily Outlook – September 8 2010
U.S. Beige Book, Canadian rate decision, Building Permits and PMI are the leading events on our calendar. Here is an outlook on the most influential events awaiting us today. In the US, Beige Book a part of the economic data upon which the Federal Reserve makes its decision on interest rates two weeks later
Forex Daily Outlook – June 14 2010
We start the week with a speech by James Bullard, New Motor Vehicle Sales, Retail Sales in New Zealand and more; let’s see what awaits us this today.. In the US, Federal Reserve Bank of St Louis President James Bullard, delivers a speech titled “The Global Recovery and Monetary Policy” at the Institute of Regulation
Forex Daily Outlook – March 17th 2010
Another busy day expects forex traders: a rate decision in Japan, employment figures in Britain and Ben Bernanke for dessert are among the events today. Let’s see what’s on the menu. The most popular pair, EUR/USD, recently enjoyed some gains, but didn’t breach significant technical levels. I see it as a rise before the fall.
Forex Daily Outlook – December 23rd 2009
The eve of Christmas Eve has a few important releases: American New Home Sales, Canadian GDP and more. Some traders are already on vacation, but the markets continue to move. Let’s see what’s up for today. French Consumer Spending start the day with an expected 0.3% rise, less than last month rise. EUR/USD is falling. For more
Forex Weekly Outlook – December 21-25
After a wild week of raging dollar bulls, we have a short and rather calm week ahead. Before Christmas comes in, we have final GDP releases from the UK and the US, important housing figures from the US, and a few more notable events that will move the markets. Here’s the weekly outlook: Arabic version of the
Forex Daily Outlook – September 16th 2009
The dollar continues to weaken, especially after Bernanke’s speech. Today’s calendar is packed with CPI from Europe and the US, employment figures in Britain and many other releases. Let’s see what’s up for today. Although the dollar weakens, it doesn’t affect all currencies. Mervyn King sent the Pound down yesterday. On the other side of
Forex Weekly Outlook – September 14-18 2009
After the dollar’s collapse last week, this week is full with American indicators. Rate decisions are due in Japan and in Switzerland. CPI and Retail Sales are published around the globe as well. Let’s go through the main events this week
Forex Daily Outlook – June 22nd 2009
The forex trading week starts without American indicators. Still, German Ifo Business Climate will stand out today, and other events will also shake the market. And do note the Iran election crisisthat looms over the market. Here’s what’s up for today: Britain’s Rightmove HPI starts the forex trading week. Last month it rose by 2.4%. GBP/USD is
Toxic Asset Plan – Toxic for the Dollar
Timothy Geithner is due to present the plan to relieve US banks from toxic assets. While this is intended to be a Public-Private plan, funding this scheme may, yet again, result in printing US dollars – sending the greenback down. It already happens now, before the announcement. US Secretary of Treasury, Timothy Geithner, is due
Forex Daily Outlook – March 23rd 2009
The forex week starts with a rather relaxed day regarding economic indicators. Existing Home Sales will be the main event today. Jean-Claude Trichet is in Mexico, and will speak about the financial crisis and commodity prices. Will he have something to say about Ben Bernanke’s huge dollar printing move? Will the ECB act on the Euro? In