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EUR/USD Feb 7- Waiting in Range for more Greek Cuts

EUR/USD Feb 7- Waiting in Range for more Greek Cuts

Euro dollar is steady in the middle of the range, as talks between Greek leaders are close to conclusion regarding the terms of the bailout. Greek politicians have little choice, but they want to improve their position before the elections. In the meantime, Germany and France want to segregate the bailout money in a separate account,

Forex Daily Outlook February 7 2012

Forex Daily Outlook February 7 2012

In the US Fed Chairman Bernanke Testifies and Building Permits in Canada are the main events lined up, let’s see what awaits us today. In the US, Ben Bernanke, Federal Reserve Chairman, is due to testify in Washington DC. More in the US, Investor’s Business Daily (IBD) TechnoMetrica Institute of Policy and Politics (TIPP), Economic Optimism

Forex Daily Outlook January 9 2012

Forex Daily Outlook January 9 2012

We start the week with some interesting events like FOMC Member Lockhart Speaks  in the US and BOC Business Outlook Survey  in Canada as the main highlight on today’s outlook. Let’s see what awaits us today. In the US, Dennis Lockhart, Federal Reserve Bank of Atlanta President, is about to speak in Atlanta. More in

EUR/USD Dec. 7 – Struggling to Rise as Big Solutions Awaited

EUR/USD Dec. 7 – Struggling to Rise as Big Solutions Awaited

Euro dollar is ticking up, but with great hesitation, as creative solutions are awaited from Europe towards the European summit. The leaders seem determined to work out a solution, but yet again, details are missing. Will the ECB use its firepower? Italian and Spanish yields continue falling, and this helps the euro as well. Here’s a

Forex Daily Outlook November 7 2011

Forex Daily Outlook November 7 2011

Manufacturing Production in the UK is the main event today.  Here is an outlook on the market-movers awaiting us In the US, Crude Oil Inventories, weekly report to value the crude oil barrels in commercial company’s inventory, is about to by remain 3.9M similar to the last week. More in the US, Consumer Credit, expected

EUR/USD Nov. 7 – Falls on Italian Mess, Weak Indicators

EUR/USD Nov. 7 – Falls on Italian Mess, Weak Indicators

Euro dollar starts the week on a low note, sliding lower on more weak retail sales and investor confidence. Berlusconi’s shaky ground in Italy sends Italian bond yields to alarming levels and weighs heavily on the euro, while the political progress in Greece is already forgotten. Here’s a quick update on technicals, fundamentals and what’s going

Forex Daily Outlook November 7 2011

Forex Daily Outlook November 7 2011

We start the week with some interesting events like Halifax HPI in the UK and ANZ Job Advertisements in Australia as the main highlight on today’s outlook. Let’s see what awaits us today. In the US, Consumer Credit, value of unpaid requires payments consumers credit that over the previous month, due to rise from -9.5B

EUR/USD Oct. 7 – Well Positioned Before the Non-Farm Payrolls

EUR/USD Oct. 7 – Well Positioned Before the Non-Farm Payrolls

Euro dollar is trading very steadily on high ground after Trichet didn’t provide any big surprises. The bank recapitalization talk continues to help the euro, just before the US gets some attention with the all important Non-Farm Payrolls. How will the pair close the week? Here’s a quick update on technicals, fundamentals and what’s going on

EUR/USD Sep. 8 – Consolidating on Low Ground Before Trichet

EUR/USD Sep. 8 – Consolidating on Low Ground Before Trichet

Euro dollar is now getting comfortable in a lower range, still enjoying the German court decision. But this isn’t likely to last long, as the market awaits the rate decision and the press conference by ECB president Trichet. Also in the US, many important indicators are released, with the head of the central bank speaking as

EUR/USD July 8 – Sliding From Resistance Before the NFP

EUR/USD July 8 – Sliding From Resistance Before the NFP

Euro dollar is now sliding from high resistance, but still remaining high, enjoying the back wind from Jean-Claude. We have Non-Farm Payrolls, the king of forex, to close the week with a bang. Which direction will it choose? Here’s a quick update on technicals, fundamentals and what’s going on in the markets. EUR/USD Technicals Asian