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Australian Dollar Outlook – November 23-27

Australian Dollar Outlook – November 23-27

Looking for the latest outlook, for the current week? Check out the section: AUD/USD Forecast The Aussie took a blow, with the greenback taking it out of range in the past week. The Aussie, backed by a strong economy and high interest rates, should fight back. Here’s an outlook for the upcoming events that will

Forex Daily Outlook – August 26th 2009

Today, American figures dominate the scene, with Durable Goods Orders and New Home Sales. Also not the German Ifo Business Climate among other figures. Let’s see what’s expecting us today: Australian Construction Work Done starts the day. After falling by 3.7% last time, it’s predicted to drop again, this quarter by 2.7%. For more on the Aussie,

AUD/USD Outlook – August 24-28 2009

AUD/USD Outlook – August 24-28 2009

The Australian dollar began the week with a false break downwards, and then got back to trading in a narrow range. Here’s an outlook for 4 important Australian releases this week, and a technical analysis for AUD/USD. AUD/USD forex chart with support and resistance lines inside: Last week’s mixed messages from the RBA’s Monetary Policy Meeting

Forex Weekly Outlook – August 24-28 2009

The last week of August brings revised GDP figures in the US and Britain, Durable Goods Orders and more important releases. What will be the dollar’s direction this week? Here’s the weekly outlook. The US dollar made some late gains on Friday afternoon. The Jackson Hole conference going on during the weekend, with the positive feeling

Forex Daily Outlook – May 27th 2009

American Existing Home Sales stand out in today’s economic calendar. Trading will still be affected by the scary moves by North Korea, as well as other indicators. Let’s see what’s up. North Korea made a nuclear test and also sent two short range missiles. Who knows what else Kim is planning. The great fears cause risk aversion

Forex Weekly Outlook – May 25-29 2009

After a holiday in the US, forex trading this week will be affected by New and Existing Home Sales, Durable Goods Orders and the second release of GDP. Yup, after a horrible week for the dollar, the scene is dominated by American figures. And of course, there are many interesting figures elsewhere. Let’s see what’s on

Forex Daily Outlook – February 25th 2009

Today’s main event is the Existing Home Sales in the US. British Revised GDP didn’t surprise. Also note Bernanke’s testament. Big price action is seen in the Japanese Yen: USD/JPY is at 97, a price not seen for a long time. Are Carry Trades returning? The day began with Australian data, which was good. Australia continues to be

Forex Weekly Outlook – February 23-27 2009

The upcoming week features a few major releases: German Ifo Business Climate and CBI Realized Sales on Tuesday, British Revised GDP and American Existing Home Sales on Wednesday, British Nationwide HPI and Core Durable Goods Orders on Thursday and the American Prelim GDP on Friday. And of course there’s lots more. After gaining throughout the whole week just to lose everything on