Post Tagged with: "Consumer Spending"
EUR/USD Jan. 4 – Returns to Normal and Falls Sharply
Euro dollar made a big move downwards, losing the New Year optimism and refocusing on new worries from Spain and Italy. Recession seems more and more real. The pair reached the pivotal line. Will it stop here? The move higher seems indeed like short covering. The first sign for the US Non-Farm Payrolls was very positive. Here’s an
Forex Daily Outlook January 4 2012
Factory Orders in the US and Construction PMI in the UK are the main events today. Here is an outlook on the market-movers awaiting us In the US, Factory Orders, production leading indicator to value the new manufacturers’ orders over the past month, rise is expected from -0.4% up to 1.9% More in the US,
EUR/USD Outlook Nov. 28 – Dec. 2
Euro/dollar made another move lower, on the spread of the bond rout to the core of the core: Germany. Apart from the worsening debt crisis, the upcoming week features 10 indicators. Here is an outlook for the events and an updated technical analysis for EUR/USD. Germany failed to cover a routine bond auction, and its yields
Forex Daily Outlook – October 28 2011
Employment Cost Index in the US and Consumer Spending in Europe are the major events this day. Here is an outlook on the market-movers awaiting us. In theUS, Revised University of Michigan (UoM) Consumer Sentiment, consumer’s survey to value the present and upcoming financial conditions over the last month, a rise from 57.5 points on
EUR/USD Outlook – October 24-28
Euro/dollar lost a lot of ground as serious doubts about European seriousness came to light. Apart from the all-important EU Summit during the weekend and the apparent follow up on Wednesday, we have quite a few important indicators, with PMI numbers in the limelight.Here is an outlook for the market moving events, and an updated technical
EUR/USD Sep. 30 – End of Week, Month, Quarter and Rally?
Euro dollar is unwinding its gains and returning to the lower range, below yet another support line. Is the correction already over? Strong European inflation didn’t cheer the euro, that received quite a few bad figures. The last hours of the week, month and quarter will likely provide more choppy trading as positions are adjusted. Here’s
Forex Daily Outlook – September 30 2011
Chicago PMI in the US and GDP in Canada are the major events this day. Here is an outlook on the market-movers awaiting us. In the US, Revised University of Michigan (UoM) Consumer Sentiment, monthly survey about to rise from 57.8 points to 57.9 points. Meanwhile the Revised UoM Inflation Expectations is expected 3.7% with
EUR/USD Outlook – September 26-30
Euro/dollar slid to a 7 month low. Greece continues to float between the next tranche of aid to the trenches. Will the fate of this debt hit country be known this week? Apart from Greece, the calendar is very busy and we will get hints on a possible rate cut by the ECB. Here is
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 July 29 – Pulling Off Lows On US Deadlock
Euro dollar managed to bounce off its lows as the political deadlock in the US continues. The euro fell and is still pressured by the rising Spanish and Italian yields. Today’s US GDP and also European inflation will provide a powerful end to the week in a busy calendar. How will the ugly contest end this