Post Tagged with: "Core Durable Goods Orders"
Pound Recovers Despite Deepening Recession
British Prelim GDP, came out worse than expected, yet the Pound is recovering and reaching last week’s levels. Here’s a roundup of the latest events in the critical week for the Pound. The critical week for the Pound came to an end with the Prelim GDP – the main gauge of economic activity. British GDP
Forex Daily Outlook – April 24th 2009
The last day of this week has many important releases, and two special events: G7 Meetings and the Bank Stress Test Info. Let’s see what’s on the menu in this exciting day: G7 Meeting are held throughout the day in Washington DC. This may also be seen as a follow up on the G20 summit, that
Forex Weekly Outlook – April 20-24 2009
This week features Home Sales data in the US, a rate decision in Canada, British GDP and many more interesting economic figures that will move the markets. Some currencies are at critical levels, and might set a new course this week. Let’s dive into the major events this week: Monday, April 20th: Australia’s PPI is
Forex Daily Outlook – March 26th 2009
Major releases in Britain today will set the course of the Pound, which has shown strength. In America, Final GDP and Unemployment Claims will get attention, and note major releases in Japan and New Zealand near the end of the day. Australia’s RBA Financial Stability Review starts the day. Australia seems to have a very stable
Forex Daily Outlook – March 25th 2009
American Core Durable Goods Orders will be in the limelight today, but there are many more important releases around the globe: German Ifo Business Climate, British CBI Realized Sales and American Home Sales will also draw attention. Let’s review all the events. New Zeland starts the day with Westpac Consumer Sentiment. Last quarter, it stood on 101.3. NZD/USD showed
Forex Weekly Outlook – March 23-27 2009
The upcoming forex week has many interesting figures. Britain will get the limelight with lots of important releases: CPI, Nationwide HPI, Retail Sales and more. In the US, Core Durable Goods Orders and Home Sales will be major. Also note New Zealand’s GDP and the German Ifo Business Climate. Let’s see what’s due for us this week. Will
What to Expect in Forex from GDP
America Prelim GDP is going to be published at 13:30 GMT. Expectations are low. This week’s course sees American data disappointing and the dollar rising afterwards – risk aversion at its best. Will the Euro make the dive? Forex Traders are expecting a severe downgrade of data from the Advance GDP that was published a
USD/JPY Heading For 100, US Data Awful
USD/JPY is going up steadily in the past few two weeks. It just made another leap, breaking the 98 line. This happened as the US session began, and continued on American data which was very bad. The next stop is the most round number – 100. Terrible US Data Core fell by 2.5%, worse than
Forex Daily Outlook – February 26th 2009
Lots of data is due today, with 3 major releases in the US: Core Durable Goods Orders, Unemployment Claims and New Home Sales. Important figures are also released in Britain and New Zealand. Take a deep breath… In Australia, Private Capital Expenditure rose by 6%, much much better than expected (-3.1%). AUD/USD now trades at 0.6470.
Forex Weekly Outlook – February 23-27 2009
The upcoming week features a few major releases: German Ifo Business Climate and CBI Realized Sales on Tuesday, British Revised GDP and American Existing Home Sales on Wednesday, British Nationwide HPI and Core Durable Goods Orders on Thursday and the American Prelim GDP on Friday. And of course there’s lots more. After gaining throughout the whole week just to lose everything on