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Forex Daily Outlook January 26 2012

Forex Daily Outlook January 26 2012

Unemployment Claims in the US and CBI Realized Sales in the UK are the major market-movers. Let see what awaits us today. World Economic Forum (WEF) Annual Meetings – Day 2, this time is held in Davos for Bankers, Political, trade & finance Ministers and Commercial leaders from around 90 countries. Can influent market volatility.

GBP/USD Outlook January 23-27

GBP/USD Outlook January 23-27

GBP/USD was up sharply this week, as the pound gained almost 250 pips, settling in the mid-1.55 range. The upcoming week has six releases including GDP. Here is an outlook for the upcoming events, and an updated technical analysis for GBP/USD. Unemployment in the UK remains high at 8.4%, making an economic recovery difficult. With a drop in

Forex Daily Outlook December 20 2011

Forex Daily Outlook December 20 2011

US housing data and Euro-Zone business and consumer sentiment as the main highlight on today’s outlook. Let’s see what awaits us today. In the US, Building Permits the annualized amount of residential permits released in October was well beyond predictions reaching 650,000 after 590,000 in the prior month. A small drop to 630,000 is expected

GBP/USD Outlook December 19-23

GBP/USD Outlook December 19-23

The British pound lost ground against the surging US dollar, but managed to recover somewhat, losing about 100 pips over the course of the week. The upcoming week is quite busy with seven important indicators being released. Highlights include GDP and current account. Here is an outlook for the upcoming events, and an updated technical analysis for GBP/USD.

Forex Daily Outlook November 28 2011

Forex Daily Outlook November 28 2011

We start the week with some interesting events like New Home Sales in the US and Inflation Report Hearings in the UK as the main highlight on today’s outlook. Let’s see what awaits us today. In the US, New Home Sales, monthly indicator to value the number sold households, 313K is likely with no change

GBP/USD Outlook Nov. 28 – Dec. 2

GBP/USD Outlook Nov. 28 – Dec. 2

The British pound couldn’t escape the European debt crisis, and the discussion about more QE in Britain. The upcoming week consists of two important PMIs among other figures. Here is an outlook for the upcoming events, and an updated technical analysis for GBP/USD. British bonds did enjoy the failed German bond auction, but this wasn’t enough to

Forex Daily Outlook – October 27 2011

Forex Daily Outlook – October 27 2011

US GDP and Unemployment claims are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, weekly report to value the unemployment that filed for insurance, is about to rise by 1K up to 404K this week. Later in the US, Pending Home Sales, homes for sale that are under contract

GBP/USD Outlook – October 24-28

GBP/USD Outlook – October 24-28

The British pound had an exciting week, with a final break higher. Many speeches and a few indicators are awaiting us in another busy week. Here is an outlook for the British events, and an updated technical analysis for GBP/USD. Headline inflation pierced the 5% mark. In the current environment, this only means more trouble for Britain,

Forex Daily Outlook – September 27 2011

Forex Daily Outlook – September 27 2011

US CB Consumer Confidence is the major event lined up.  Let’s see what awaits us today. In the US, The Conference Board (CB) Consumer Confidence, monthly survey to rate the level of present and forthcoming monetary conditions, small rise from 44.5 points on August to 46.4 points is expected. Later in the US, Standard &

GBP/USD Outlook – September 26-30

GBP/USD Outlook – September 26-30

The British pound had another week of suffering. Where will it find a bottom? The upcoming week leans towards housing indicators. Here is an outlook for the British events, and an updated technical analysis for GBP/USD. Britain is getting closer to another round of QE, perhaps as early as next month. This is what was