Post Tagged with: "Consumer Spending"
Forex Daily Outlook – July 29 2011
Advance GDP in the US and Nationwide HPI in the UK are the major events this day. Here is an outlook on the market-movers awaiting us. In the US, Advance Gross Domestic Product (GDP), quarterly index to measure the inflation-adjusted value of all services and goods manufactured by the economy; small reduce to 1.6% this
EUR/USD Outlook – July 25-29
Euro to dollar finally got some positive news at the European Summit. The comprehensive plans for Greece sent it higher. The coming week consists of key employment and inflation figures, as well as more reactions from the credit rating agencies and the bond markets. Here is an outlook for the upcoming events, and an updated
EUR/USD June 30 – Sliding to Support on Greek Hangover
Euro dollar slides towards the support line on some profit taking. The first Greek vote initially resulted in a sell off, and the pair gained only later. A second Greek vote as well as other events are due.A big group of weak European figures also weighs on the common currency. Is the pair consolidating before
Forex Daily Outlook – June 30 2011
Unemployment Claims in the US and Nationwide HPI in the UK are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, weekly measurement to report the number of Americans filing new Unemployment Claims and value the overall job market condition, about to reduce by 5K from 429K last week to
EUR/USD Outlook – June 27 – July 1
The complications in the Greek crisis continue weighing on euro dollar, which lost ground to the greenback for a third week in a row. The upcoming week consists of many important indicators towards the rate decision, as well as a critical vote in the Greek parliament. Here is an outlook for the European events, and
EUR/USD Shows Impressive Strength Despite Weak Figures
French consumer spending dropped sharply: 1.6%, much more than 0.3% that was expected. Also German retail sales fell short of expectations. But the Euro remains resilient, holding on to gains at higher support. Update. The Euro-zone’s second largest country saw consumer spending drop sharply in April: -1.6%. This is not only significantly below expectations, but
EUR/USD Outlook May 30 – June 3
The Euro managed to stabilize and retrace some of its falls, as the Greek crisis continues. How long will it last? The upcoming week consists of key inflation and employment indicators – keys to the rate decision. Here’s an outlook for the upcoming events and an updated technical analysis for EUR/USD. At least 7 new
EUR/USD Apr. 28 – Advancing Higher in a Post-Bernanke Rally
EUR/USD continues higher, encouraged by good data from Germany and especially from Bernanke’s dovish press conference. Important figures are awaiting us in the US. Where will the rally stop? Here’s a quick update on technicals, fundamentals and what’s going on in the markets. EUR/USD Technicals Asian session: Active session sees EUR/USD climb higher after Bernanke,
EUR/USD Outlook – April 25-29
The common currency continued higher, and tested new ground, ignoring the debt crisis. The upcoming week is very busy, and consists of major inflation and employment figures. Here’s an outlook for these events, and an updated technical analysis for EUR/USD. The credit downgrade warning by S&P hurt the US dollar. At first, this wasn’t felt
EUR/USD Mar. 29 – Falling From Resistance
EUR/USD is trading lower in range after failing to challenge the resistance. It’s falling once again on fresh bullish comments from the Fed and despite better European data. Here’s a quick update on technicals, fundamentals and community trends. EUR/USD Technicals Asian session: Active session sees a gradual climb from 1.4070 to almost 1.4150. Current range