Post Tagged with: "consumer sentiment"
Forex Weekly Outlook – October 11-15
With inflation, retail sales, an appearance by Ben Bernanke and many more events, this week will be exciting. Here’s an outlook for the major market-moving events that will shape forex trading. IMF meetings are held during the weekend. This time, the high tensions between countries on currency values make the statements from these meeting very
EUR/USD Sep. 17- Rising Rapidly in Steep Channel
EUR/USD continues pushing forward in a steep uptrend channel. The crowded US calendar promises an exciting close to the week. Here is a quick update on technicals, fundamentals, and community trends
EUR/USD Aug. 27: Tight Range Trading Before GDP
EUR/USD climbed higher but couldn’t convincingly break the resistance line. After many hours of range trading, all is set for the grand finale of the week. Will it manage to break higher or collapse? Here’s a quick update on fundamentals, technicals and community trends
Forex Daily Outlook – April 16th 2010
The last day of this week will be dominated by American housing figures and consumer sentiment. Will the dollar have another bad Friday? Or will it retrace some of its losses? The Aussie doesn’t receive any figures today, but after advancing on Chinese figures, it must close above 0.9327 to confirm the bullish trend. This
Forex Daily Outlook – March 12th 2010
Two American figures will be in the limelight todya: retail sales and consumer sentiment. In addition, we have employment figures from Canada and other events. Let’s see what’s up for today. Up to now, this week saw tight trading, especially in the major pairs. Only the Aussie stood out with a break, enjoying good employment
Forex Daily Outlook – February 26th 2010
The week ends with two revised GDP figures in Britain and in the US, as well as other moving figures. Let’s see what’s awaiting us today. Early in the day, British GfK Consumer Confidence isn’t expected to move from the negative score of -17. This will stop months of slow improvement. Nationwide HPI is an important
Forex Daily Outlook – December 11th 2009
The busy forex trading week comes to an end with significant figures from the US this time: retail sales and consumer sentiment will set the tone for the close of the week. Let’s see what’s up for today: EUR/USD is suffering and losing ground this week. I wonder if it will indeed close significantly lower.
Forex Weekly Outlook – December 7-11
Non-Farm Payrolls brought an excellent surprise to the dollar. In the upcoming week we’ll indeed see if the tables have turned. Rate decisions are expected this week in Britain, Switzerland, Canada and New Zealand. Also note employment figures in Australia and American Retail Sales to close the week. Thursday is an extremely crowded day. Here’s
Forex Daily Outlook – November 25th 2009
The day before Thanksgiving also brings a crowded calendar. Revised GDP in Britain and Durable Goods Orders in the US stand out. Let’s see what’s up for today: Australia starts the day with the amount of construction work. Construction Work Done is predicted to rise by 0.1% in Q3, after a drop of the same scale
Forex Daily Analysis – December 10th 2008
The US dollar continues to weaken, amidst a growing notion that not every financial sector will be bailed out by the Federal Reserve, or the American government. This notion fueled a fear of a wave of bankruptcies. Yesterday’s Consumer sentiment data from the USA was much lower than last month’s figure. A drop in consuming