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EUR/USD Jan. 30 – Falls in Rising Channel as Debt Crisis Looms

Yohay — Mon, 30 Jan 2012 10:01:05 +0000

Euro dollar started the new week with a slide, within the rising channel. The PSI deal is still close but not done. The results of the deal may not necessarily positive, and may weigh on the next domino: Portugal. Leaders meet in Europe once again to find a way forward, and the US starts releasing indicators in a busy week that culminates in the Non-Farm Payrolls.

Here’s an update on technicals, fundamentals and what’s going on in the markets.

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Forex Daily Outlook January 30 2012

anat — Sun, 29 Jan 2012 22:00:06 +0000

We start the week with some interesting events like Personal Spending in the US and EU Economic Summit in Europe as the main highlight on today’s outlook. Let’s see what awaits us today.

In the US, Personal Spending, monthly value of all consumer’s inflation-adjusted, is about to rise by 0.1% up to 0.2%. And similar rise is predicted in the Personal Income of 0.3% up to 0.4%.

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EUR/USD Dec. 23 – Awaiting Last Christmas Gifts from Markets

Yohay — Fri, 23 Dec 2011 09:25:55 +0000

Euro dollar is trading in a quite manner in the middle of the range, as markets are grinding down to a halt. A downgrade for France seems like a done deal, but it still hasn’t happened. Will S&P give a Christmas present to the French Republic? Just before the week ends, we have some important indicators from the US.

Here’s an update on technicals, fundamentals and what’s going on in the markets.

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Forex Daily Outlook December 23 2011

anat — Thu, 22 Dec 2011 22:00:02 +0000

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.

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EUR/USD Nov. 23 – Falling to Lower Range on Higher Yields, Dexia and China

Yohay — Wed, 23 Nov 2011 07:43:42 +0000

Euro dollar fell to the lower end of the range after worries about global growth came from China: manufacturing returned to contraction zone. In addition, there are complications in the breakup of Dexia – the first European bank to fall due to the debt crisis. European bond yields remain at scary levels. A very busy day awaits us: European PMIs are followed by a big bulk of US figures just before Thanksgiving. French services PMI was better than expected, but don’t cheer up the euro. Will EUR/USD recover, or break lower?

Here’s a quick update on technicals, fundamentals and what’s going on in the markets.

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Forex Daily Outlook November 23 2011

anat — Tue, 22 Nov 2011 22:00:19 +0000

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 to 389K.

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Forex Daily Outlook – October 28 2011

anat — Thu, 27 Oct 2011 20:00:53 +0000

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 September up to 58.2 points this time is likely. Meanwhile the Revised UoM Inflation Expectations is expected to remain 3.2% similar to the previous report.

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EUR/USD Sep. 30 – End of Week, Month, Quarter and Rally?

Yohay — Fri, 30 Sep 2011 11:01:48 +0000

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 a quick update on technicals, fundamentals and what’s going on in the markets.

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Forex Daily Outlook – September 30 2011

anat — Thu, 29 Sep 2011 21:00:55 +0000

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 no change from the previous time.

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EUR/USD Aug 29 – Breakout Attempt Failed

Yohay — Mon, 29 Aug 2011 09:59:26 +0000

Euro dollar kicked off the week with a move above the range and reached a one month high. This was short lived, and the pair is back in range. European worries are growing in two fronts: the stability of the European banking system and the passage of the new powers for the bailout funds are in doubt. Will it make another attempt to break higher? Or fall from here?

Here’s a quick update on technicals, fundamentals and what’s going on in the markets.

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