Post Tagged with: "Consumer Confidence"
EUR/USD Jan. 23 – Greek Drama Sends Pair Lower
Euro dollar kicked off the week with a gap lower, as the Greek haircut deal isn’t getting closer, to say the least. While the gap has already been closed, Greek worries come from various directions and weigh on the single currency. Without many indicators today, the news from the euro-zone will continue rocking the pair. Here’s
Forex Daily Outlook January 23 2012
We start the week with some interesting events like MPC Member Posen Speaks in the UK and Leading Index in Canada as the main highlight on today’s outlook. Let’s see what awaits us today. In Canada, Leading Index More in Canada, Monthly Index that is based on 10 monetary indicators; is about to decreases from
EUR/USD Outlook January 23-27
Euro/dollar had a very positive week, riding on new hope for the old continent. Is this a desired correction, or a change in trend?The euro-zone will now receive fresh growth indicators, an important survey and other events. Here is an outlook for the upcoming events, and an updated technical analysis for EUR/USD. After talks about the
US Existing Home Sales Disappoints – only 4.42 million (annualized)
US Existing Home Sales disappoint printing only 4.42 million on an annual basis. This exacerbates the falls seen earlier – an intensified risk off behavior. Expectations stood on 5.04 million. Also last month’s figure was revised to the downside quite sharply: from 4.97 to 4.25 million. So, the fresh figure is actually a gain, but coming on
EUR/USD Dec. 21 – Enjoying High Ground After the Grand ECB Operation
Euro dollar is on high ground, breaking the critical line it lost last week. that was a huge success: over 489 billion euros. This is an indirect form of QE, which helps sovereigns by encouraging banks to buy sovereign debt. Will this operation provide a long term ssalvation? Or is it a move upwards before another
Forex Daily Outlook December 21 2011
Existing Home Sales in the US and MPC Meeting Minutes in the UK are the main events today. Here is an outlook on the market-movers awaiting us In the US, Existing Home Sales, monthly report to value the inhabited houses that were sold on the last month (the previous month (not including new building), rise
EUR/USD Outlook December 19-23
Euro/dollar finally gave in to all the bad news and fell to levels last seen in January. Will we see a new year to date low, or will trading calm down from here? We have quite a few events just before the Christmas holiday. Here is an outlook for these events and an updated technical analysis for
EUR/USD Nov. 22 – In Higher End of Range as US Supercommittee Fails
Euro dollar is now trading in the higher end of the range. The US “Supercommittee” failed to reach a deal on a long term deficit reduction plan. While S&P and Moody’s have indicated that this wouldn’t change the rating, Fitch might still downgrade the US. The focus will likely return quickly to Europe, where bond yields
Forex Daily Outlook November 22 2011
FOMC Meeting Minutes in the US and Public Sector Net Borrowing 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, full record of the FOMC’s latest meeting that provides financial conditions visions on interest rates. More in the US,
EUR/USD Outlook November 21-25
Euro/dollar continued lower in a week that saw continued pressure in bond markets and a growing need for serious ECB intervention. The upcoming week consists of 7 events. Here is an outlook for these events, and an updated technical analysis for EUR/USD, now in lower ground. Fresh GDP figures have shown that the recession hasn’t arrived