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Forex Daily Outlook – September 14 2011

Forex Daily Outlook – September 14 2011

Retail Sales in the US and Claimant Count Change in the UK are the main events today.  Here is an outlook on the market-movers awaiting us In the US, Producer Price Index (PPI), leading monthly report to value the producer’s prices for finished goods and services, reduce from 0.2% on August to -0.1% this month

USD/CAD Outlook – September 12-16

USD/CAD Outlook – September 12-16

The Canadian dollar couldn’t resist the global worries and ended with the weakest close against the dollar since the beginning of the year. Production data and Foreign Securities Purchases are the highlight of this week. Here’s an outlook for the Canadian events, and an updated technical analysis for USD/CAD. The Canadian job market surprisingly lost 5500 jobs in

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

EUR/USD July 15 – Slide Continues Ahead of Stress Tests

EUR/USD July 15 – Slide Continues Ahead of Stress Tests

Euro dollar continues to slide lower, as tension mounts towards the stress tests for the European banking system. These could prove to be a lose lose situation for the euro. The pair is also pushed lower by the lower chances of QE3. We’ll get to see how real this is with fresh inflation figures from the

Forex Daily Outlook – July 15 2011

Forex Daily Outlook – July 15 2011

Prelim UoM Consumer Sentiment in the US and MPC Member Tucker Speech are the major events this day. Here is an outlook on the market-movers awaiting us. In the US, Consumer Price Index (CPI), monthly measurement to value the price of services and goods bought by customers, reduce to -0.1% this time is expected from

Forex Daily Outlook – June 15 2011

Forex Daily Outlook – June 15 2011

CPI  in the US and Manufacturing Sales in Canada are the main events today.  Here is an outlook on the market-movers awaiting us In the US, Consumer Price Index (CPI) measuring the price of living, shows the difference between basket of goods and services with volatile components, reduced to 0.4% on May and further reduce

Forex Daily Outlook – June 14 2011

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

USD/CAD Outlook – June 13-17

USD/CAD Outlook – June 13-17

Capacity Utilization Rate and Mark Carney’s speech are the highlight of this week. Here’s an outlook for the Canadian events, and an updated technical analysis for USD/CAD. The Canadian employment sector increased by 22,300 jobs in May in line with expectations while the unemployment rate fell further from 7.6% to 7.4% weakening the USD/CAD. Will the Canada’s

Forex Daily Outlook – May 19 2011

Forex Daily Outlook – May 19 2011

Philadelphia Fed Manufacturing Index in the US and Retail Sales  in the UK and are the major market-movers. Let see what awaits us today. In the US, Philadelphia Fed Manufacturing Index, based on a survey of manufacturers regarding trends in their business activities and growth a major indicator of business condition, rise of 1.5 points