Post Tagged with: "Business Inventories"
Forex Daily Outlook – July 14 2011
US Inflation data, Retail sales and Ben Bernanke’s testimony are the highlight of today’s outlook. Let’s see what awaits us today. In the US, Retail sales a consumer spending indicator dropped 0.2% in May better than the 0.3% decrease expected following 0.3% gain in the prior month. A smaller drop of 0.1% is forecasted now.
Forex Daily Outlook – June 14 2011
US retail sales, US PPI and Japan’s rate decision are the main events on this busy day. Let’s see what awaits us now. In the US, Retail Sales measuring the value of manufacturer’s sales indicator of consumer spending increased in April by 0.5% in line with expectations but 0.4% behind the previous month. While Core
EUR/USD May 12 – Recovering in Lower Range
EUR/USD moved lower after the Greek hope disappeared and is now recovering, but within the lower range. The previous gains were indeed fragile. Today’s busy calendar can provide more significant shifts. Here’s a quick update on technicals, fundamentals and what’s going on in the markets. EUR/USD Technicals Asian session: Quiet session sees recovery above 1.42,
Forex Daily Outlook – May 12 2011
PPI in the US and Industrial Production in Europe are the major market-movers. Let see what awaits us today. In the US, PPI (Producer Price Index) measures changes in prices of finished products a good indicator of consumer inflation. Rise of 1% is expected on the monthly report and of 1.5% on the yearly.. While
Forex Daily Outlook – April 13 2011
British employment data, European industrial production and US retail sales are the highlights of a very busy day. Let’s see what’s awaiting us today. Later in the US, Beige Book, times per year, 2 weeks before each FOMC meeting and used by the FOMC to help make their next decision on interest rates. Later on
Forex Daily Outlook – March 11 2011
Very interesting day in the US, Retail Sales, Prelim UoM Consumer Sentiment and more. Let’s see what awaits us today. In the US, Retail Sales, It’s the primary gauge of consumer spending, which accounts for the majority of overall economic activity is about to rise by 0.5%, while the Core Retail Sale (excluding automobiles) is
EUR/USD Feb. 15 – Will it Hold On This Time?
EUR/USD bounced off the low and stubborn resistance line and managed to return back up to the previous range. This day is very busy all over the world. Where will it go from here? Here’s a quick update on technicals, fundamentals and community trends. EUR/USD Technicals Asian session: Recovered and climbed back above 1.35. Current
Forex Daily Outlook – February 15 2011
Important events await us today with US Retail Sales and TIC Long-Term Purchases, German and Euro-Zone ZEW Economic Sentiment and many more .Let’s see what awaits us today. In the US, Retail Sales, total value of sales at the retail level is about to reduce by 0.1%, while the Core Retail Sales is about to
EUR/USD Jan. 14 – Challenging Tough Resistance
EUR/USD is facing tough resistance after making a sharp rise and holding on to it. The week ends with many economic releases. How will it end? Here’s a quick update on technicals, fundamentals and community trends. EUR/USD Technicals Asian session: Settled down around the 1.3334 line Current range – 1.3334 to 1.3440 Further levels in
Forex Daily Outlook – January 14 2011
In the US, PPI Input and Retail Sales are only some of many highlights to end the week .Let’s see what await us today. In the US, Consumer Price Index (CPI ) price of goods and services purchased by consumers; is about be 0.1%’ similar to previous month. While the Core CPI (excluding food and