Post Tagged with: "Chicago PMI"
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
EUR/USD Dec. 29 – Still Vulnerable After Crash, Eyeing YTD Low
Euro dollar finally ended its consolidation and dropped sharply on fresh worries about a downgrade, the state of European banks and end-of-year flows. The pair is close to the year-to-date low. Will it set a new one in the last moment? Today we have quite a few US figures and another Italian bond auction. Here’s an
Forex Daily Outlook November 30 2011
US ADP Non-Farm Employment Change and US Pending Home Sales 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, measures the number of employed people over the last month (without government & farming industry), rise is expected from 110K
EUR/USD Oct. 31 – Falls On Japanese Intervention, Doubts About Debt Deal
Euro dollar is set for an exciting close to the month. The strong intervention to weaken the Japanese yen against the dollar was clearly felt in EUR/USD, which was already in doubt about the EU Summit deal. Also the unexpected rise in European unemployment and the stubbornly high inflation estimate is complicating matters for the common
Forex Daily Outlook – October 31 2011
We start the week with some interesting events such as Chicago PMI in the US and GDP in Canada as the main highlight on today’s outlook. Let’s see what awaits us today. In the US, Chicago Purchasing Managers’ Index (PMI); monthly managers in Chicago survey to value the business conditions for employment, new orders etc.
EUR/USD Sep. 30 – End of Week, Month, Quarter and Rally?
Euro dollar is unwinding its gains and returning to the lower range, below yet another support line. Is the correction already over? Strong European inflation didn’t cheer the euro, that received quite a few bad figures. The last hours of the week, month and quarter will likely provide more choppy trading as positions are adjusted. Here’s
Forex Daily Outlook – September 30 2011
Chicago PMI in the US and GDP in Canada are the major events this day. Here is an outlook on the market-movers awaiting us. In the US, Revised University of Michigan (UoM) Consumer Sentiment, monthly survey about to rise from 57.8 points to 57.9 points. Meanwhile the Revised UoM Inflation Expectations is expected 3.7% with
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
Forex Daily Outlook – August 31 2011
ADP Non-Farm Employment Change in the US and GDP in Canada 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, vale the employed people without government & farming business on the passing month, reduce of 7K is predicted to 103K.