Post Tagged with: "Construction Spending"
Forex Daily Outlook – April 1st 2010
American Weekly Unemployment Claims and ISM Manufacturing PMI will be in the limelight on April’s fools day, among figures from all over the world. Let’s see what’s up for today. The tension towards Friday’s Non-Farm Payrolls continues to mount. The dollar, that had a rough beginning to the week, is correcting the losses. Will this
Forex Daily Outlook – January 4th 2010
The first trading day of 2010 begins with a rather busy calendar. American ISM Manufacturing PMI will stand out today as well as echoes from Ben Bernanke’s speech late on Sunday. Let’s see what’s up for today. Ben Bernanke said that low rates aren’t to blame for the house bubble – bad regulation and bad
Forex Daily Outlook – September 1st 2009
A very busy day expects forex traders. The Australian rate decision, American ISM Manufacturing PMI and Pending Home Sales, British Manufacturing PMI, European Unemployment Rate and many more economic indicators are due today. Let’s see what’s up. Apart from the Japanese Yen that strengthened on the elections results, most currencies didn’t make big moves yesterday. Will the markets take a
Forex Daily Outlook – August 3rd 2009
The greenback began the new forex trading week a little stronger. Manufacturing PMI and American ISM Manufacturing PMI are the main events for today. Let’s see what’s up for today, in the first day of the new NFA regulations. Japanese Average Cash Earnings disappointed and fell by 7.1%, more than 3.6% that was expected. The Yen weakened after
Forex Daily Outlook – June 1st 2009
Contrary to usual Monday’s this one starts with many important indicators. In Britain, Manufacturing PMI stands out. In the US, it’s ISM Manufacturing PMI, and don’t forget Canadian GDP…Let’s dive in to the first day of forex trading this month. Australian Retail Sales start the day with an expected rise of 0.5%, much less than
Forex Daily Outlook – May 4th 2009
Forex trading starts slowly this week, with holidays in Britain and Japan. Yet, Pending Home Sales will draw much attention. Let’s see what’s up at the start of the new week: Australia starts the week with the monthly ANZ Job Advertisements. Australian housing is expected to be left unchanged, with quarterly HPI at 0%. In Europe, German
Forex Daily Outlook – April 1st 2009
Lots of important indicators all over the globe – British Manufacturing PMI, German Retail Sales, American ADP Non-Farm Employment Change,ISM Manufacturing PMI and Pending Home Sales are only a small part of today’s figures. Take a deep breath… The day starts in Australia, with two major releases: Building Approval are expected to rise by 1.5%, after
ISM Better – But Dollar Falls
ISM Manufacturing PMI was better than expected, and scored . Surprisingly, the dollar fell against most currencies, after hitting a good start to the month. In this case, bad data meant bad news for the dollar, even though forex traders were expecting for worse data. February began with a stronger dollar, against everyone. Well, except
Forex Daily Analysis – February 2nd 2009
Trading in the Forex market began with renewed strength of the USD dollar, with an especially noticeable gain against the NZD. Today, the ISM Manufacturing PMI will be in the focus. Only the Japanese Yen doesn’t budge. USD/JPY now at 89.60. Dollar Yen correlation seems strong this morning. Ok, let’s see what is else is due:
Forex Daily Analysis – January 5th 2008
The fresh and exciting Forex trading week began with a stronger US dollar. EUR/USD now trades at 1.3894, GBP/USD weakened to 1.4472, USD/CHF is now at 1.0784, and the USD/JPY is little changed, at 91.97. The escalating war in Gaza still dominates the news – Israeli ground operation is weighing on oil prices – something