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Forex Daily Outlook February 2 2012

Forex Daily Outlook February 2 2012

Unemployment Claims in US and Construction PMI in the UK are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, monthly indicator to value the unemployment insurance that was filed on the last week, is predicted to drop down from 377K to 373K this week. More in the US, Ben

Forex Daily Outlook February 1 2012

Forex Daily Outlook February 1 2012

ISM Manufacturing PMI in the US and Manufacturing PMI in 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) Manufacturing Purchasing Managers’ Index (PMI); Monthly Managers Survey to value the business conditions such as new orders, deliveries and inventories,

AUD/USD Outlook January 30 – February 3

AUD/USD Outlook January 30 – February 3

The Australian dollar had another outstanding week against the greenback, climbing almost 200 points. The upcoming week is extremely busy, with nine indicators being released. Here is an outlook for the Australian events, and an updated technical analysis for AUD/USD. The US dollar weakened against most major currencies following Bernanke’s announcement that  interest rates will likely remain near zero until late 2014. However,

Forex Daily Outlook January 3 2012

Forex Daily Outlook January 3 2012

ISM Manufacturing PMI in the US and Manufacturing PMI in the UK are the main events lined up.  Let’s see what awaits us today. In the US, Federal Open Market Committee (FOMC) Meeting Minutes, Planned 8 times per year, full record of the latest FOMC’s meeting and shows the influential financial conditions on the interest

AUD/USD Outlook January 2-6 2012

AUD/USD Outlook January 2-6 2012

The Australian dollar showed some movement at year’s end, dropping close to the parity level before rallying to end the year just shy of the 1.02 level.  The upcoming week has four indicator releases. Here is an outlook for the Australian events, and an updated technical analysis for AUD/USD. The markets may have bid farewell to 2011, but the European debt crisis hasn’t gone

Forex Daily Outlook December 1 2011

Forex Daily Outlook December 1 2011

US Unemployment Claims and US ISM Manufacturing PMI are  the main events today.  Here is an outlook on the market-movers awaiting us In the US, Unemployment Claims measuring the number of Americans filing initial claims for unemployment increased by 2,000 last week to 393,000 while expected to drop to 389,000 indicating a relative stability in

Forex Daily Outlook – November 1 2011

Forex Daily Outlook – November 1 2011

US ISM Manufacturing PMI and UK housing data are the main events lined up.  Let’s see what awaits us today. In the US, ISM Manufacturing PMI and important Manufacturing activity gauge, increased more than predicted to 51.6 in September after reaching 50.6 inAugust. A further rise to 52.3 is expected now. Later in the US,

AUD/USD Outlook – Oct. 31 – Nov. 4

AUD/USD Outlook – Oct. 31 – Nov. 4

The Aussie had another volatile week that provided quite a few opportunities and it eventually ended it on higher ground. The upcoming week is very busy, with the rate decision being the highlight of 12 events. Here’s an outlook for these events, and an updated technical analysis for AUD/USD. The moderate rise in prices leaves room for

Forex Daily Outlook – October 4 2011

Forex Daily Outlook – October 4 2011

Ben Bernanke’ and Jean-Claude Trichet’ speeches are the highlight of today’s events. Here is an outlook on the market-movers awaiting us. In the US, Ben Bernanke testifies at the Joint Economic Committee, in Washington DC. His words have a major impact on the market. Later in the US, Sarah Bloom Raskin FOMC member is scheduled

AUD/USD Outlook – October 3-7

AUD/USD Outlook – October 3-7

The Aussie dropped for a fourth week in a row. Will it continue lower at the beginning of the fourth quarter? We have a very busy week, with the rate decision in the limelight. Here is an outlook for the Australian events, and an updated technical analysis for AUD/USD, now in lower ground.  More signs of slowdown