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Forex Weekly Outlook – September 19-23

Forex Weekly Outlook – September 19-23

Europe continues struggling and a Greek default seems very close.  The crisis will likely step aside at least for a short while, as the focus turns to the Fed. Euro-Zone German ZEW Economic Sentiment, US housing data and the highly anticipated FOMC Statement are the top of our list this week. Here is an outlook on the

Forex Daily Outlook – September 8 2011

Forex Daily Outlook – September 8 2011

US trade balance, Ben Bernanke’s speech and US Unemployment claims are the major market-movers. Let see what awaits us today. In theUS, Trade Balance, The gap between imports and exports has widened in June reaching -53.1B from -50.8B in the previous month. The gap is expected to narrow to -50.3B this time. Ben Bernanke speaks

USD/CAD Outlook – September 5-9

USD/CAD Outlook – September 5-9

The Canadian dollar followed the US weakness and retreated. A busy week is a head with the rate decision, employment figures, housing data and Ivey PMI. Here’s an outlook for the Canadian events, and an updated technical analysis for the Canadian dollar. Last week Canadian domestic growth rate has rebounded in June after 0.3% drop in the previous month. This

EUR/USD Aug 16 – Sliding Back on German Slowdown

EUR/USD Aug 16 – Sliding Back on German Slowdown

Euro dollar slid down from the high range as the German economy almost came to a halt. Expectations are high from today’s summit between Merkel and Sarkozy. Will euro-bonds be announced? Probably not. Here’s a quick update on technicals, fundamentals and what’s going on in the markets. EUR/USD Technicals Asian session: A quiet session saw the

Forex Daily Outlook – August 16 2011

Forex Daily Outlook – August 16 2011

Building Permits in the US and German Prelim GDP in Europe are the main events lined up.  Let’s see what awaits us today. In the US, Building Permit, main measurement to value the ת Annualized number of new residential construction permits that were issued on the previous month, 0.61M is predicted, similar to 0.62M on

Forex Weekly Outlook –August 15-19

Forex Weekly Outlook –August 15-19

Another week of extreme news, movements and interventions is behind us. Will the next week be more stable? US Unemployment claims, Housing data and Philly Fed Manufacturing Index are the  highlights of this week. Here is an outlook for the major market-movers awaiting  us this week. Last week The US economy has lost its perfect

Forex Daily Outlook – August 5 2011

Forex Daily Outlook – August 5 2011

Non-Farm Employment Change in the US and Building Permits in Canada are the major events this day. Here is an outlook on the market-movers awaiting us. In the US, Non-Farm Employment Change, monthly report to measure the employed peoples excluding the farming business, significant raise is expected from 18K on the last month to 89K

USD/CAD Outlook – August 1-5

USD/CAD Outlook – August 1-5

Employment data, Building permits and Ivey PMI are the main events this week. Here’s an outlook for the Canadian events, and an updated technical analysis for USD/CAD. Last week wildfires and maintenance shutdowns brought GDP down by 0.3% in May compared to April slowing mining and gas extraction. The Price of raw materials dropped unexpectedly by 2.2% and the

Forex Daily Outlook – July 19 2011

Forex Daily Outlook – July 19 2011

Building Permits in the US and ZEW Economic Sentiment in Europe are the main events lined up.  Let’s see what awaits us today. In the US, Building Permits, very important indicator to measure the new housing building permits supplied on the passing month, about to remain 0.61 million like on the previous month. Meanwhile Housing

Forex Weekly Outlook –July 18-22

Forex Weekly Outlook –July 18-22

US Housing data, Euro-Zone German ZEW Economic Sentiment and German Ifo Business Climate and US Unemployment claims are among the big market movers this week. Here is an outlook on the major events ahead.  Last week President Barack Obama pressured congressmen to resolve the impasse over the debt limit and fiscal policy by summoning Congressional