Post Tagged with: "CPI"
Another Pause in Strong Vigilance? European Inflation is Easing
According to the initial release of CPI in the Euro-zone, inflation eased to an annual rate of 2.7%, lower than 2.8% in April and expectations that stood on the same level. The drop in the consumer price index reflects the drop in commodity prices seen in May. One of the triggers to the drop in
USD/CHF Outlook May 30 – June 3
The Swiss franc seems unstoppable, breaking to record highs against the dollar and the euro. The upcoming week will test the strength of the Swiss economy, with Q1 GDP being the key figure. Here’s an outlook for the Swiss events, and an updated technical analysis for EUR/USD. USD/CHF fell on the weakness of the US
EUR/USD Outlook – May 23-27
Euro/dollar had a very exciting week, rocking on news from the distant sides of the continent. The upcoming week consists of no less than 10 events that will rock the pair. Here’s an outlook for these events, and an updated technical analysis for EUR/USD. Spain is in the limelight again. Protests mount across the nation,
GBP/USD Approaches Resistance on Rising Inflation
Inflation in Britain is up again after taking a breather last month. The annual pace of CPI rose from 4% to 4.5%. A rise to 4.2% was expected.This fresh rise boosts GBP/USD which approaches the resistance region and continues higher. Update. 4.5% is the highest level seen for a very long time. This shows that
Forex Daily Outlook – May 17 2011
Housing Starts in the US and CPI in the UK are the main events lined up. Let’s see what awaits us today. In the US, Housing Starts, by the US Census Bureau and Housing Corporation that measures the amount of new buildings or homes that were built. Reduction of 21 K is expected now
EUR/USD May 16 – Settles Lower as Clouds Darken Over Greece
EUR/USD is settling in lower ground as European leaders meet to discuss the complicating Greek woes with the absence of the IMF chief. In addition, there are quite a few events to rock the pair at the beginning of the week. Will the pair break below critical support? Here’s a quick update on technicals, fundamentals
Forex Daily Outlook – May 16 2011
Empire State Manufacturing Index in the US and Trade Balance in Europe are the main highlight on today’s outlook. Let’s see what awaits us today. In the US, Net TIC Flows (Treasury International Capital) Long-Term Purchases-representing the balance of domestic and foreign investment and having significant market impact, a rise of 30.8 Billion is expected
USD/CAD Outlook – May 16-20
The Canadian dollar gave in to the greenback’s strength in the past week. CPI and Retail Sales are the highlight of this week. Here’s an outlook for the main events awaiting us this week, and an updated technical analysis for USD/CAD. New home prices in Canada were flat in March following a 0.4% rise in
EUR/USD Outlook for May 16-20
The Euro fell for a second week in a row as the Greek crisis outweighs everything else. Will we see more drops? The upcoming week consists of important inflation data among other events. Here’s an outlook for the European events, and an updated technical analysis for EUR/USD. The Euro-zone grew faster than expected in Q1,
GBP/USD Outlook for May 16-20
The pound’s hopes were short lived in a very choppy week. The upcoming one promises to be very busy, with employment, inflation and the meeting minutes being the highlights. Here’s an outlook for the 9 events that will rock the pound, and an updated technical analysis for GBP/USD. GBP/USD managed to break higher on a