Post Tagged with: "Charles Bean"
GBP/USD Outlook – July 26-30
A more quiet week in terms of indicators expects the Pound, but Mervyn King’s public appearance could rock the currency. Here’s an outlook for the 4 events that will move the currency, and an updated technical analysis for GBP/USD. GBP/USD chart with support and resistance lines on it. Click to enlarge: A rate hike in
Forex Daily Outlook – March 16th 2010
The week opened with dollar strength on a rather light calendar. Today is already very bust: major releases in Europe are followed by the rate decision in the US: will Bernanke send new signals? Here’s the daily outlook. The strong volatility seen on Monday’s trading was also influenced by the different time difference between Europe
The King Wants and Gets a Weak Pound
Mervyn King continues to dominate the Pound’s agenda, and not in a positive way. His big hints about more QE pound the pound as it makes another attempt to break the support line. The governor of the Bank of England, Mervyn King, hurt the Pound once again. In his appearance in parliament, the agenda was
Forex Daily Outlook – October 13th 2009
After a day of vacations and light trading, the calendar is quite crowded today. British inflation numbers and the important German ZEW Economic Sentiment are the highlights of today. Let’s see what’s on the menu: In Britain, the BRC Retail Sales Monitor rose by 2.8%, after falling 0.1% last month. Also the second overnight figure was good:
British Pound Outlook – October 12-16 2009
The British Pound made attempts to rise in the past week, but ended finished lower. The upcoming trading week features important inflation and employment data and other figures as well. Here’s an outlook for this week’s events and an updated technical analysis for GBP/USD. For the latest outlook, check out the section: GBP/USD Forecast. GBP/USD forex chart
Forex Daily Outlook – August 25th 2009
After a slow start, Tuesday is a very busy day: American CB Consumer Confidence and German GDP are the highlights. There’s lots more from all over the globe. New Zealand’s Inflation Expectations start the day. Prices aren’t rising in New Zealand, but they haven’t reached deflation yet. In Europe, German Final GDP will supply a strong start
British Pound Outlook – August 24-28 2009
The British Pound traded in a narrow range this week, bouncing off resistance and support lines, and trading “by the book”. This week features 7 important British indicators, with the Revised GDP being the most important release. Here’s an outlook for this week’s events and a technical analysis for GBP/USD. GBP/USD forex chart with important
Forex Daily Outlook – May 21st 2009
Thursday is busy as usual, despite some holidays in Europe: British Retail Sales, European PMI, and American Unemployment Claims will stand out today. And there’s more… Swiss, German and French banks are on holiday today, so trading might be slightly thinner than usual. Australia’s MI Inflation Expectations might rise on improving economic conditions. Also in
Forex Daily Analysis – February 16th 2009
Forex trading began with news from Japan: GDP in Japan fell by 3.3%, more than expected. This sent USD/JPY up to 91.90. In other data from Japan, the Revised Industrial Production fell even more than the preliminary figure, by almost 10% – 9.8%. These bad figures might have caused BOJ Governor Masaaki Shirakawa to give an