Post Tagged with: "Chicago PMI"
EUR/USD July 29 – Pulling Off Lows On US Deadlock
Euro dollar managed to bounce off its lows as the political deadlock in the US continues. The euro fell and is still pressured by the rising Spanish and Italian yields. Today’s US GDP and also European inflation will provide a powerful end to the week in a busy calendar. How will the ugly contest end this
Forex Daily Outlook – June 30 2011
Unemployment Claims in the US and Nationwide HPI in the UK are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, weekly measurement to report the number of Americans filing new Unemployment Claims and value the overall job market condition, about to reduce by 5K from 429K last week to
EUR/USD Apr. 29 – Approaching Resistance On High Inflation
EUR/USD moves towards the high end of the range, as European inflation exceeds expectations, and Bernanke’s weight is still felt on the dollar. Here’s a quick update on technicals, fundamentals and what’s going on in the markets. EUR/USD Technicals Asian session: Quiet session sees Euro/Dollar climb gently from 1.4820 towards 1.4850. Current range – 1.4770
Forex Daily Outlook – March 31 2011
Unemployment Claims in the US and GDP in Canada are only a few of today’s exciting events. Let’s see what awaits us today. In the US, Unemployment Claims, individuals who filed for unemployment insurance for the first time during the past week is about to droop down by 3K. Consumer spending is highly correlated with
EUR/USD Feb. 28 – Rising on Inflation
EUR/USD kicked off the week slightly higher as oil prices resume rises and more signs of inflation are seen in Europe. This comes despite worries about the state of the Irish bailout loom. We have a very day and a busier week ahead. Where will it go? Here’s a quick update on technicals, fundamentals and
Forex Daily Outlook – February 28 2011
We start the week with hectic events such as Pending Home Sales in the US and much more. Let’s see what awaits us today. In the US, Pending Home Sales, number of homes under contract to be sold but still awaiting the closing transaction, excluding new construction is about to reduce by 4.2%. It’s a
EUR/USD Jan. 31- Bouncing Off Low Support
EUR/USD starts the week lower, and is struggling to hold on to lower support, as the uprising in Egypt continues. Will stronger inflation boost the Euro ? Here’s a quick update on technicals, fundamentals and community trends. EUR/USD Technicals Asian session: Started the week with a small Sunday gap lower. Current range – 1.3576 to 1.37. Further
Forex Daily Outlook – January 31 2011
A very busy week ahead us Chicago PMI in the US, Nationwide HPI in the UK, GDP in Canada and much more. .Let’s see what awaits us today. In the US, Chicago Purchasing Managers’ Index (PMI), Survey of purchasing managers in Chicago to rate the relative level of business conditions, indicates expansion with 65.5 points
Forex Daily Outlook – December 30 2010
Unemployment Claims in the US and Nationwide HPI in the UK are some of the exiting news that awaits us today. In the US, Unemployment Claims, individuals who filed for unemployment insurance for the first time during the past week; is about to decrease by 4K.an important signal of overall economic health because consumer spending
AUD/USD Dec. 30 – Relaxing After Breaking Record
AUD/USD reached new float-era highs but then retreated back, still in the high range. With a few interesting releases, a strong finish is expected to this year. Here’s a quick update on technicals, fundamentals and community trends