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Forex Daily Outlook January 5 2012

Forex Daily Outlook January 5 2012

ADP Non-Farm Employment Change in the US and Ivey PMI in Canada are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, weekly report that is important for monetary health, value new unemployment insurances over the last week, decrement is due from 381K down to 375K now. More in the

Forex Daily Outlook – November 2 2011

Forex Daily Outlook – November 2 2011

Today we have key events: FOMC Statement in the US and Construction PMI in the UK as the main highlights on today’s outlook. Let’s see what awaits us today. In the US, FOMC Statement, the key tool that is used by the FOMC regarding monetary policy with investors, and regarding  financial conditions for  other policy

EUR/USD Oct. 5 – Rally Finds Limits

EUR/USD Oct. 5 – Rally Finds Limits

Euro dollar is trading in a narrow range after a strong rally yesterday. The optimism about bank recapitalization and the new found Greek cash fades as economic data provides a reality check. We have important figures in the US today, data that will provide significant hints towards the Non-Farm Payrolls. Here’s a quick update on technicals, fundamentals and

Forex Daily Outlook – October 5 2011

Forex Daily Outlook – October 5 2011

ADP Non-Farm Employment Change and ISM Non-Manufacturing PMI in the US as well as key releases in the UK are the main events today.  Here is an outlook on the market-movers awaiting us In the US, Automatic Data Processing, Inc. (ADP) Non-Farm Employment Change, monthly indicator of Job creation and affects the consumer spending, is

EUR/USD Aug 31- Worries Balanced As Summer Ends

EUR/USD Aug 31- Worries Balanced As Summer Ends

Euro dollar is stuck in range, drifting between hopes for QE3 in the US and worries about the European debt crisis. As summer ends, volume and volatility are expected to pick up. We have important US data later on. Here’s a quick update on technicals, fundamentals and what’s going on in the markets. EUR/USD Technicals Asian

EUR/USD Aug 3 – Breaking Higher on Rising Retail Sales, Swiss Weakness

EUR/USD Aug 3 – Breaking Higher on Rising Retail Sales, Swiss Weakness

Euro dollar managed to break resistance, after two failed attempts. European retail sales rose by 0.9%, better than 0.5% that was expected. The Swiss move to curb the strength of the franc, also against the euro also pushes EUR/USD higher. Also a “ceasefire” from the bond vigilantes helps. It bounced off a higher resistance line. Is

Forex Daily Outlook – August 3 2011

Forex Daily Outlook – August 3 2011

ADP Non-Farm Employment Change in the US and Services PMI in the UK are the main events today.  Here is an outlook on the market-movers awaiting us In the US, Automatic Data Processing, Inc. (ADP) Non-Farm Employment Change (excluding b small industry and government), about to reduce from 157K to 102K is expected this time.

EUR/USD July 6 – Losing Support on Contagious Debt Crisis

EUR/USD July 6 – Losing Support on Contagious Debt Crisis

Euro dollar is now below support, extending the falls that started with the downgrade of Portugal. Concerns over Greece, Ireland, and even Italy and Spain continue to weigh on the common currency ahead of the expected rate hike. Where will this stop? Here’s a quick update on technicals, fundamentals and what’s going on in the

Forex Daily Outlook – July 6 2011

Forex Daily Outlook – July 6 2011

ISM Non-Manufacturing PMI in the US and Halifax HPIin the UK are the main events today.  Here is an outlook on the market-movers awaiting us In the US, The Institute for Supply Management (ISM) Non-Manufacturing Purchasing Managers’ Index (PMI), monthly survey of about 400 managers to value the business, a small reduce from 54.6 points

EUR/USD June 1 – Remaining Strong As Greek Deal Anticipated Soon

EUR/USD June 1 – Remaining Strong As Greek Deal Anticipated Soon

EUR/USD remains at a safe distance above high support as hopes that a Greek deal will be published as soon as tomorrow boost the common currency. Also US weakness aids the pair. We have important US data towards today. Here’s a quick update on technicals, fundamentals and what’s going on in the markets. EUR/USD Technicals