Post Tagged with: "Core Retail Sales"
The Road To Recovery is Narrow
After a few long weeks of good news from the American economy, this week’s figures have given a blow to the hopes of recovery. What does this mean for the US dollar? Non-Farm Payrolls, the single top rated indicator, was better than expected, showing a fall of “only” 539K jobs in April. This was the
Forex Daily Outlook – May 13th 2009
American Retail Sales will draw attention today, as well as British unemployment figures. And there’s more. Let’s see what’s on the menu: Japan’s BOJ Governor Masaaki Shirakawa will speak during the day. We haven’t heard from him lately. Does he see hope? Britian’s Claimant Count Change is the best indicator for unemployment in the UK. It’s expected
Hangover from Friday Effect – What’s next for the Greenback?
After Friday’s late dollar selling, the markets have allowed the dollar to breath. Will the dollar recover or has the fall stopped temporarily? On Friday, Non Farm Payrolls were better than expected. "Only" 539K jobs were lost in April, contrary to early expectations that were at -615K and later improved to 590K. The good figure
Forex Weekly Outlook – May 11 – 15 2009
The upcoming week in forex trading provides important indicators throughout the week. Note the Trade Balance on Tuesday, British employment figures and American Retail Sales on Wednesday, and a big Friday with German GDP, American CPI and more. Let’s dive into the major events this week: Monday, May 11th: The week starts slowly in forex trading.
Forex Daily Outlook – April 23rd 2009
Lots of economic indicators on a crowded Thursday: European PMI figures, Canadian Retail Sales, American Unemployment Claims and Existing Home Sales are the stars of today. And there’s more: BOJ Governonr Shirakawa will speak early in the morning, and will give some insights on the suffering Japanese economy. Lot’s of European PMI At 7:00 GMT, the French will
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 – April 14th 2009
It’s back to business after the long Easter weekend. The main event for today is American Core Retail Sales. Also note an interesting speech by Bernanke. Here’s what’s up: Australian NAB Business Confidence is a good indicator of the Australian economy. Last time it fell by 22 points. Where will it go this time? American Retail
Forex Daily Outlook – April 13th 2009
Most of the world celebrates Easter on Monday, so there are very few indicators. Let’s see what can move a thin forex market: In Japan, Corporate Goods Price Index (CGPI) is expected to fall by 1.7% (annually adjusted), deeper tahn last month’s 1.1% fall. In Canada, the BOC Business Outlook Survey could show where the Canadian economy
Forex Weekly Outlook – April 13-17 2009
After the Easter holiday, traders will return to a week full with Retail Sales, inflation and housing data from all over the world. Let’s see what’s up this week: Monday, April 13th: Most of the world still celebrates Easter, so there are only few indicators: Japan’s Corporate Goods Price Index (CGPI) is expected to fall by
Forex Daily Outlook – March 20th 2009
The forex market is still shaking from the FOMC statement that beat the US dollar. Today, A speech by Ben Bernanke will be closely listened to. In addition, there are a few other important indicators. In Europe, Industrial Production is expected to fall by 3.8% after dropping 2.6% last month. A higher drop than expected