Forex Daily Outlook – March 15th 2010
After the dollar retreated last week, Monday opens with many US releases. TIC Long-Term Purchases will probably shake the market, among other events. Let’s see what’s up for today:
In Australia, a speech by Malcolm Edey, RBA assistant governor, can move the markets very early in the week. This speech comes a day before the meeting minutes from the latest decision are released.
For more on the Aussie, read the AUD/USD forecast.
In Britain, the Rightmove HPI is expected to show a moderate rise in house prices, possible pushing the Pound and helping its recovery. See more events in the GBP/USD forecast.
Swiss PPI is expected to rise by 0.2%, similar to last month’s rise. The Swiss National Bank doesn’t deny intervention, but has done less recently.
In Europe, the quarterly Employment Change figure is expected to drop again. As this is a late figure, the impact is limited. For more on the Euro, read the EUR/USD forecast and Casey Stubbs’ latest analysis.
Moving to the US, already after a shift to daylight savings time, the Empire State Manufacturing Index will start the day. It’s expected to drop from 24.9 to 21.9 points.
The more important event is the release of TIC Long-Term Purchases, which are predicted to drop to 37 billion. This number was better than expected last month and could surprise again, boosting the dollar.
Also n the US: Capacity Utilization Rate is expected to remain unchanged at 72.6% and Industrial Production will probably rise by0.1% after a 0.9% jump last time.
That’s it for today. Happy forex trading!
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Forex Daily Outlook – February 17th 2010
A busy day expects forex traders, especially those trading cable. Major figures will be released in Britain and the US. Will the Pound chose a direction? Let’s see what’s awaiting us:
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Forex Daily Outlook – January 15th 2010
On the last day of the week, there are two major US releases: CPI and Consumer Sentiment, among other figures. Let’s see what’s up for today:
Forex Weekly Outlook – January 11-15
After a turbulent start to the year, the second week also provides may important events: retail sales and inflation figures in the US, key employment figures in Australia and a rate decision in Europe are among the highlights this week. Let’s see what’s awaiting us in the wake of the NFP.
American Non-Farm Payrolls, the most important [...]
Forex Daily Outlook – December 15th 2009
After an easy start on Monday, a long day awaits forex traders. Lots of American numbers are expected, with the TIC Long-Term Purchases on top. Also note British CPI, German economic sentiment and Australian meeting minutes. Let’s review the events of this busy day:
British RICS House Price Balance starts the day early with an expected [...]
Forex Daily Outlook – December 14th 2009
The new forex week starts with the Euro at crossroads, after tumbling down on Friday. European industrial production stands out today, among other events. Let’s see what’s up for today:
Arabic version of this daily outlook
Japan provides a strong start to the day, with the release of the Tankan Manufacturing Index. This important indicator is expected [...]
USD/CAD Forecast – December 14-18
Looking for the latest outlook for this week? Check the full section: Canadian Dollar Forecast.
The Canadian dollar managed to remain stable in another week of greenback strength. The upcoming week contains important inflation figures and 7 more events that will shape the loonie’s direction. Here’s an outlook for the upcoming week, and an updated technical [...]
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