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Positive US Data Sends Dollar Further Down

Positive US Data Sends Dollar Further Down

Weekly unemployment claims in the US are at 377K. 371K was expected. Last week’s figure was revised from 352K to 356K – it’s still very low. The numbers are in line with early expecations. The moving average continues edging lower. Durable goods orders came out better than expected. Durable Goods Orders rose by 3%, while

Forex Daily Outlook January 26 2012

Forex Daily Outlook January 26 2012

Unemployment Claims in the US and CBI Realized Sales in the UK are the major market-movers. Let see what awaits us today. World Economic Forum (WEF) Annual Meetings – Day 2, this time is held in Davos for Bankers, Political, trade & finance Ministers and Commercial leaders from around 90 countries. Can influent market volatility.

Forex Weekly Outlook January 23-27

Forex Weekly Outlook January 23-27

The dollar dropped sharply in a very positive week. Is this temporary or a does it represent a big change? Initial GDP figures for the US and the UK and two rate decisions are the major events this week. Here is an outlook on the main market-movers coming our way. The upcoming Greek debt deal

Forex Daily Outlook December 23 2011

Forex Daily Outlook December 23 2011

We summarize this week New Home Sales 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, New Home Sales, Monthly report to value the new sole-family households sold, due to increase from 307K on November up to 314K now.

Forex Weekly Outlook December 19-23

Forex Weekly Outlook December 19-23

The US dollar reached levels last seen in January, as the European troubles continued. The week before Christmas will likely see lower volume, but there still quite a few interesting events on the agenda, with US home sales and durable goods orders being the highlights. Here is an outlook for the main market movers awaiting

Forex Daily Outlook November 23 2011

Forex Daily Outlook November 23 2011

Unemployment Claims in the US and MPC Meeting Minutes in the UK are the main events today.  Here is an outlook on the market-movers awaiting us In the US, Unemployment Claims, weekly indicator to value the individuals who filed for number of unemployment insurance submissions on the past week, rise of 1K is expected up

Forex Weekly Outlook November 21-25

Forex Weekly Outlook November 21-25

The European debt crisis worsened, and a credit crunch is now feared. This resulted in a stronger greenback. US GDP figures, Unemployment claims and German Ifo Business Climate are the major events this week. Here is an outlook on the main market-movers ahead. Apart from Germany,a bond sell off was seen in every European country.

Forex Daily Outlook – October 26 2011

Forex Daily Outlook – October 26 2011

New Home Sales in the US and EU Economic Summit in Europe are the main events today.  Here is an outlook on the market-movers awaiting us In the US, New Home Sales leading monthly report to value the new sold households on the last month, is about to rise from 295K on September up to

Forex Weekly Outlook – October 24-28

Forex Weekly Outlook – October 24-28

The US dollar fell for another week as the panic seen early in the money continues to unwind. Will this weakness come to an end? The EU economic summit, rate decisions in Canada, Japan and New Zealand and US housing and employment figures are the major events this week. Here is an outlook on the

Forex Daily Outlook – September 28 2011

Forex Daily Outlook – September 28 2011

In the US Chairman Bernanke Speaks and BOE Credit Conditions Survey in the UK are the main events today.  Here is an outlook on the market-movers awaiting us In the US, Durable Goods Orders, an important indicator to value the manufacturers’ durable goods orders on the passing month, significant reduce from 4.1% on August to