Post Tagged with: "CB Consumer Confidence"
EUR/USD Jan. 31 – Rising in Channel While Ignoring Greece and Weak Data
Euro dollar continues it’s near perfect channel trading and moves higher. The EU Summit failed to produce any news regarding the burning issues of Greece and weak figures from Germany and France. The Greek PSI deal is forever “close” as Portugal continues signs of following the Hellenic Republic. End-of-month moves also make the market more choppy.
Forex Daily Outlook January 31 2012
US CB Consumer Confidence and Canadian GDP are the major events today. Here is an outlook on the market-movers awaiting us In the US, CB Consumer Confidence increased more than predicted to 64.5 in December from 55.2 in November indicating an elevated confidence among households. A further improvement to 68.2 is expected now. More in
Forex Weekly Outlook Jan. 30- Feb. 3
The US dollar made a big retreat for a second week in a row. Will it continue falling? The Non-Farm Payrolls release is the highlight of a very busy week, which includes many figures from the US . Here is an outlook on the main market-movers coming our way. Ben Bernanke weakened the dollar with
EUR/USD Dec. 27 – Remaining in Range, Waiting for Oversold Conditions To Wane
Euro dollar remains in a very limited trading range as most financial centers return to business. Italian 10 year bond yields top the 7% mark once again, before significant US figures are released. Recent data shows that the bias against the euro is still too strong. Will we see a significant move now? Here’s an update
Forex Daily Outlook December 27 2011
CB Consumer Confidence is the main event lined up. Let’s see what awaits us today. In the US, The Conference Board (CB) Consumer Confidence, Financial confidence is a leading indicator of consumer spending Survey to value the consumer spending and rate the total financial situation, due to rise from 56.0 points on November up to
USD/JPY: Trading the Conference Board Consumer Confidence Index
The Conference Board Consumer Confidence Index is based on a monthly survey of about 5,000 households regarding their opinion of the economy. Traders should pay close attention to this release, as it usually a market-mover. Here are all the details, and 5 possible outcomes for USD/JPY. Published on Tuesday at 15:00 GMT. Indicator Background The CB
Forex Weekly Outlook December 26-30 2011
The pre-holidays week already saw slower trading and no big moves for the greenback. US unemployment claims and consumer confidence are the major events closing 2011. Here are the main market-movers this week. Positive US figures released last week suggest careful optimism regarding the current US economic condition with another drop in weekly jobless claims
Forex Daily Outlook November 29 2011
Building Consents in the US and Nationwide HPI in the UK are the main events lined up. Let’s see what awaits us today. In the US, The Conference Board (CB) Consumer Confidence, monthly survey to rate the present and upcoming financial conditions with labor availability etc., rise is expected from 39.8 on October up to
EUR/USD Oct. 25 – Choppy in High Range Before Second Summit
Euro dollar is trading in high range as tension mounts towards the second EU Summit. A lot depends on the size of the leveraged bailout fund, as well as the size of the Greek haircut. Here’s a quick update on technicals, fundamentals and what’s going on in the markets. EUR/USD Technicals Asian A quiet session sees
Forex Daily Outlook – October 25 2011
CB Consumer Confidence in the US and Current Account in the UK are the main events lined up. Let’s see what awaits us today. In the US, The Conference Board (CB) Consumer Confidence, Monthly Survey (around 5,000 homes) to rate the present and upcoming financial conditions and overall economic conditions, rise up to 46.2 points