Post Tagged with: "CBI Realized Sales"
Forex Weekly Outlook – March 23-27 2009
The upcoming forex week has many interesting figures. Britain will get the limelight with lots of important releases: CPI, Nationwide HPI, Retail Sales and more. In the US, Core Durable Goods Orders and Home Sales will be major. Also note New Zealand’s GDP and the German Ifo Business Climate. Let’s see what’s due for us this week. Will
Forex Daily Analysis – February 24th 2009
Tuesday features lots of economic figures. German Ifo Business Climate, British CBI Realized Sales and American CB Consumer Confidence stand out. Let’s dive into it… In Europe, French Consumer Spending opens the day. Later on, at 9:00 GMT, the German Ifo Business Climate will shake the Euro. It’s expected to be stable, at 83.2 points. Also Europe’s Current Account (-14.3 billion)
Forex Weekly Outlook – February 23-27 2009
The upcoming week features a few major releases: German Ifo Business Climate and CBI Realized Sales on Tuesday, British Revised GDP and American Existing Home Sales on Wednesday, British Nationwide HPI and Core Durable Goods Orders on Thursday and the American Prelim GDP on Friday. And of course there’s lots more. After gaining throughout the whole week just to lose everything on
Better CBI Realized Sales Helps the Pound
CBI Realized Sales in Britain were better than predicted, and fell by 47 points. This immediately lead Forex traders to buy the British pound, but in a quite limited manner. GBP/USD now regains. Where is it headed? CBI Realized Sales is an important economic indicator since it senses quite accurately where consumer wind is blowing. The Confederation
Forex Daily Analysis – January 27th 2009
Forex trading shifts a gear on Tuesday. Highlight of the day are the German Ifo Business Climate, CBI Realized Sales in Britain, and the CB Consumer Confidence in the US. Yesterday, the dollar lost ground to the European majors. The Yen, in strong correlation with the dollar lost even more. The day begins early, with quarterly PPI data
Forex Weekly Outlook – Januray 26-30 2009
The upcoming week in forex trading features a return of data from the US. The two major events are a new interest rate on Wednesday (probably unchanged), and the Advance GDP on Friday.Also Home Sales information will be in the limelight in America. This week, it’s New Zealand turn to slash interest rates, Canada will
GBP/AUD Short – Forex Trade for the new year
The GBP/AUD currency pair isn’t one of the popular crosses on the board. It doesn’t appear by default on forex charts on major sites. This forex trading option looks currently very lucrative. Both fundamental analysis for this currency pair and technical analysis support going short, on what looks like a serious move. GBP/AUD Technical Analysis
Dollar plunges even lower
The US dollar plunges further down today, hitting a new low with the Japanese Yen. USD/JPY is at 87.92, the lowest since August 1995. A strong move was also made by the European currency – the EUR/USD moved 2.3% up to 1.437. Only the pound failed to make a big move today, hurt by the Claimant
Forex Daily Analysis – December 17th 2008
Trading today is in the shadow of yesterday’s historic rate decision in the USA: a rate of 0.25% is unprecedented in America – Bernanke went for it. Currently trading is rather calm – the EUR/USD is resting above 1.40, the GBP/USD is flirting with 1.55 and the Yen managed to pull throug – currently at