Post Tagged with: "Building Permits"
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
USD/CAD Outlook February 6-10
The Canadian dollar had an excellent week, riding on good figures from the US rather than from its own data. After closing under parity, can the pair move further down? Ivey PMI and housing data are the highlight of this week. Here’s an outlook for the Canadian events and an updated technical analysis for USD/CAD. Last week,
EUR/USD Jan. 19 – Breaks Above Strong Resistance on Greek Hope, Strong Auctions
Euro dollar is currently above important resistance, as hope for some new deal in Greece, a positive comment from the ECB and further IMF help is emerging. In the debt front, Spain exceeded funding targets once again, and also France had a good auction as well. Will this be sufficient to support the break? Today is
Forex Daily Outlook January 19 2012
Unemployment Claims & Building Permits in the US are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, weekly report to value the unemployed that filed for insurance, due to reduce by 10K from the last month down to 389K. More in the US, Building Permits, It’s an outstanding monthly
Forex Weekly Outlook January 16-20
The dollar made an impressing comeback at the end of a very eventful week. Will this continue? German ZEW Economic Sentiment, a rate decision in Canada, employment data in Australia and US housing figures are the highlights of this week. Here is an outlook on the main events in the week ahead. Last week, the
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
USD/CAD: Trading the Canadian Building Permits
The Canadian Building Permits indicator measures the change in the number of new building approvals issued. It provides a good indication of activity in the construction sector, as obtaining a building permit is one of the first steps taken in the construction of a new building. A reading that is higher than the market prediction is bullish for the
USD/CAD Outlook January 9-13
The Canadian dollar had a rough week, and surrendered to the greenback’s superiority. BOC Business Outlook Survey and Building Permits are the main events this week. Here’s an outlook for the Canadian events and an updated technical analysis for the Canadian dollar. Last week, Ivey PMI figures increased unexpectedly to 63.5 from 59.9 in the previous month suggesting
Forex Daily Outlook December 20 2011
US housing data and Euro-Zone business and consumer sentiment as the main highlight on today’s outlook. Let’s see what awaits us today. In the US, Building Permits the annualized amount of residential permits released in October was well beyond predictions reaching 650,000 after 590,000 in the prior month. A small drop to 630,000 is expected
Forex Weekly Outlook December 19-23
The US dollar reached levels last seen in January, as the European troubles continued. The week before Christmas will likely see lower volume, but there still quite a few interesting events on the agenda, with US home sales and durable goods orders being the highlights. Here is an outlook for the main market movers awaiting