Post Tagged with: "Consumer Confidence"
EUR/USD Oct. 20 – Drifts Lower in Channel as Summit Hopes Fade
Euro dollar good moody again after a mini-summit in Frankfurt failed to produce the necessary headlines and hope for a grand plan in the bigger summit on Sunday. Some of the proposes may be a violation of the Maastricht treaty. It’s trending lower within a channel. Protests in Greece continue as the parliament is set to
Forex Daily Outlook – October 20 2011
Existing Home Sales in the US and Retail Sales in the UK are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, value the persons that on the first time filed for unemployment insurance over the passing week, rise of 1K is expected up to 405K. Later in the US,
EUR/USD Outlook – October 17-21
Euro/dollar staged a very impressive recovery on fresh hopes and promises. Will this continue? There are too many doubts. Two major German surveys are the highlights of this week. Here is an outlook for the market moving events, and an updated technical analysis for EUR/USD. Merkel and Sarkozy promised to get serious. Plans for bank recapitalization and a
EUR/USD Sep. 22 – Trying to Stabilize After Bernanke’s Blow
Euro dollar is settling in low ground after the big blow it got from the action and especially the inaction by the FOMC. Today’s busy calendar could open the door for more falls. Here’s a quick update on technicals, fundamentals and what’s going on in the markets. EUR/USD Technicals Asian session: Falls were slightly extended, and
Forex Daily Outlook – September 22 2011
US unemployment claims and Canadian retail sales are the major events this day. Let’s see what awaits us today. In the US, Unemployment Claims the number of Americans filing their initial unemployment claims increased more than predicted to 428,000 from 417,000 in the preceding week indicating uncertainty in the job market. A drop to 419,000
EUR/USD Outlook – September 19-23
The euro managed to recover, but didn’t get too far, as a Greek default is still on the cards. The upcoming week consists of important surveys and PMIs that will show if conditions continue to worsen. Here is an outlook for the upcoming events, and an updated technical analysis for EUR/USD. This week’s rate decision by the
EUR/USD Aug 23 – Pushes Higher
Euro dollar enjoyed some positive PMIs and managed to break resistance. The gains held even as the all important ZEW survey was back to Lehman levels. Before Berannke speaks on Friday, there are still many events to move the markets today. Here’s a quick update on technicals, fundamentals and what’s going on in the markets. EUR/USD
Forex Daily Outlook – August 23 2011
New Home Sales in the US and ZEW Economic Sentiment in Europe are the main events lined up. Let’s see what awaits us today. In the US, New Home Sales, important monthly indicator to rate the new homes that were sold, rise to 313K is expected from 312K on July. Later in the US, Richmond Manufacturing
EUR/USD Outlook – August 22-26
Euro/dollar had another volatile week, in which hopes switched to growing fear about the banks. The upcoming week consists of many important surveys. Here is an outlook for the upcoming events, and an updated technical analysis for EUR/USD. Merkel and Sarkozy didn’t provide the eurobonds that many had wished for. Nevertheless, the euro enjoyed the
EUR/USD July 20 – Trading in Range, Looking for Direction
Euro dollar is making another push upwards, but yet again, it is limited to a range. Although expectations have been lowered, the European summit tomorrow causes tension which limits the pair. When will it burst? Here’s a quick update on technicals, fundamentals and what’s going on in the markets. EUR/USD Technicals Asian session: A very quiet