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Forex Weekly Outlook December 19-23

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

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,

USD/CAD Outlook December 5-9

USD/CAD Outlook December 5-9

The Canadian dollar managed to gain against the greenback on the European hopes. Rate decision and housing data are the main market-movers this week. Here’s an outlook for the Canadian events and an updated technical analysis for USD/CAD. Last week was less optimistic for the Canadian economy with lower than forecasted GDP figures indicating slower growth of 0.2% and disappointing

US Unemployment Continues Falling – More Good Signs from the USA

US Unemployment Continues Falling – More Good Signs from the USA

Weekly jobless claims dropped to 388K. Early expectations stood on 396K. The situation continues improving very gradually. Last week’s figure was revised to the downside, from 396K to 393K. Revisions are usually to the upside with this figure, so this is definitely good news. The four week moving average is ticking down. The pace of

EUR/USD Nov. 17 – Falls as Europe is Losing its Safe Havens

EUR/USD Nov. 17 – Falls as Europe is Losing its Safe Havens

Euro dollar marked the borders of a low range and is leaning lower as more bad news exacerbate the debt crisis. The euro/dollar swap sends a warning signal about an upcoming credit crunch. European banks remain starved for money and sovereign yields remain at dangerous levels. Even Germany is criticized. When will the ECB finally act? Bond

Forex Daily Outlook November 17 2011

Forex Daily Outlook November 17 2011

Unemployment Claims in the US and Retail Sales in the UK are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, weekly report to value the persons that filed for joblessness insurance, rise is predicted from 390K up to 396K. More in the US, Building Permits, monthly indicator of forthcoming

Forex Weekly Outlook November 14-18

Forex Weekly Outlook November 14-18

Despite all the extreme action, the dollar ended week little changed. Euro-Zone German ZEW Economic Sentiment, US PPI, US Philly Fed Manufacturing Index and US Unemployment Claims are the upcoming featured events this week. Here is an outlook on the main market-movers. Last week Italy became the main player in the EU debt crisis scene

Forex Daily Outlook November 4 2011

Forex Daily Outlook November 4 2011

We end this week with some interesting updated, Unemployment Rate in the US and Building Permits in Canada as the major events this day. Here is an outlook on the market-movers awaiting us. G20 Meetings (Day 2), the Group of Twenty (G20) is an important global policy-making figure effective at the uppermost level, which impact

USD/CAD Outlook – Oct. 31-Nov. 4

USD/CAD Outlook – Oct. 31-Nov. 4

The Canadian dollar made more gains against the US dollar and crossed the line of parity. GDP and employment data are the major events this week. Here’s an outlook for the Canadian events and an updated technical analysis for USD/CAD. Last week, despite positive figures reflecting improvement in the Canadian economy, the BOC remains quite cautious. The last rate statement did

Forex Daily Outlook – October 19 2011

Forex Daily Outlook – October 19 2011

Building Permits in the US and MPC Meeting Minutes in the UK are the main events today.  Here is an outlook on the market-movers awaiting us In the US, Consumer Price Index (CPI), value the price of various goods and services on the last month, due to drop down by 0.1% to 0.3%. Meanwhile the