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Forex Daily Outlook – October 31 2011

Forex Daily Outlook – October 31 2011

We start the week with some interesting events such as Chicago PMI in the US and GDP  in Canada as the main highlight on today’s outlook. Let’s see what awaits us today. In the US, Chicago Purchasing Managers’ Index (PMI); monthly managers in Chicago survey to value the business conditions for employment, new orders etc.

EUR/USD Outlook – Oct. 31 – Nov. 4

EUR/USD Outlook – Oct. 31 – Nov. 4

Euro/dollar had a very exciting week around the European summits. It managed to climb back up to the previous range. Will it stay there? The upcoming week features the first rate decision by Mario Draghi, as well as other important indicators. Here is an outlook for the European events, and an up dated technical analysis for

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

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

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

Forex Daily Outlook – September 30 2011

Forex Daily Outlook – September 30 2011

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

EUR/USD Outlook – September 26-30

EUR/USD Outlook – September 26-30

Euro/dollar slid to a 7 month low. Greece continues to float between the next tranche of aid to the trenches. Will the fate of this debt hit country be known this week? Apart from Greece, the calendar is very busy and we will get hints on a possible rate cut by the ECB. Here is

EUR/USD Aug 31- Worries Balanced As Summer Ends

EUR/USD Aug 31- Worries Balanced As Summer Ends

Euro dollar is stuck in range, drifting between hopes for QE3 in the US and worries about the European debt crisis. As summer ends, volume and volatility are expected to pick up. We have important US data later on. Here’s a quick update on technicals, fundamentals and what’s going on in the markets. EUR/USD Technicals Asian

Forex Daily Outlook – August 31 2011

Forex Daily Outlook – August 31 2011

ADP Non-Farm Employment Change in the US and GDP in Canada are the main events today.  Here is an outlook on the market-movers awaiting us In the US, Automatic Data Processing, Inc. (ADP Non-Farm Employment Change, vale the employed people without government & farming business on the passing month, reduce of 7K is predicted to 103K.

EUR/USD Outlook – Aug. 29 – Sep. 2

EUR/USD Outlook – Aug. 29 – Sep. 2

Euro/dollar eventually closed higher after conquering fears. Is it about to break higher? The upcoming week is very busy, and consists of important figures for the next rate decision. Here is an outlook for these events, and an updated technical analysis for EUR/USD. It seems that QE3 is off the table in the US. Or

EUR/USD July 29 – Pulling Off Lows On US Deadlock

EUR/USD July 29 – Pulling Off Lows On US Deadlock

Euro dollar managed to bounce off its lows as the political deadlock in the US continues. The euro fell and is still pressured by the rising Spanish and Italian yields. Today’s US GDP and also European inflation will provide a powerful end to the week in a busy calendar. How will the ugly contest end this

Forex Daily Outlook – July 29 2011

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