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GBP/USD Outlook April 16-20

GBP/USD Outlook April 16-20

GBP/USD was down slightly over the week. The pound flexed some muscle, as the pair pushed close to the 1.60 level, before closing the week at 1.5842. The upcoming week has six releases. Here is an outlook for the upcoming events, and an updated technical analysis for GBP/USD. The markets appeared caught off guard by the most recent US employment figures,

NZD/USD Outlook April 16-20

NZD/USD Outlook April 16-20

NZD/USD made a move higher and reached  the highest levels in 6 months. Nevertheless, new worries, especially from China, depressed it once again. Inflation data is the highlight of this week. Here’s an outlook for the events in New Zealand, and an updated technical analysis for NZD/USD. New Zealand’s private sector businesses increased their confidence in the first

USD/CAD Outlook April 16-20

USD/CAD Outlook April 16-20

The Canadian dollar retreated against the greenback, but USD/CAD eventually closed under parity. A busy week awaits loonie traders, with the rate decision and inflation data setting the tone. Will the pair pick a direction? Here’s an outlook for the Canadian events and an updated technical analysis for the USD/CAD. Last week international trade surplus plunged from

Forex Weekly Outlook April 16-20

Forex Weekly Outlook April 16-20

The US dollar managed to erase most of its losses at the end of a busy week, that saw rising worries from all the world. US retail sales, German ZEW Economic Sentiment and US Unemployment Claims are the highlight of this week. Here is an outlook on the main events ahead. China’s growth in Q1

Forex Daily Outlook April 13 2012

Forex Daily Outlook April 13 2012

We summarize this week In the US Fed Chairman Bernanke Speaks and PPI Input in the UK are the major events this day. Here is an outlook on the market-movers awaiting us. In the US, Ben Bernanke, Federal Reserve Chairman is about to speak in New York. More in the US, Consumer Price Index (CPI),

Forex Daily Outlook April 12 2012

Forex Daily Outlook April 12 2012

Unemployment Claims in the US and Trade Balance in Canada are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, important indicator to value the people that had filed for unemployment insurance on the past week for the first time, reduce of 2K is predicted down to 355K this time.

Forex Weekly Outlook April 9-13

Forex Weekly Outlook April 9-13

The US dollar made a comeback after 3 weeks of falls, as the FOMC minutes cast doubts on the chances of QE3. A speech by Ben Bernanke, US trade balance and unemployment claims are the major events this week. Here is an outlook on the main market-movers lined up. Last week the United States gained

USD/CHF Outlook April 2-6

USD/CHF Outlook April 2-6

The Swiss franc showed little change against the dollar this week, closing just above the 0.90 level, at 0.9008. The upcoming week is fairly quiet, with four releases this week. Here is an outlook for the Swiss events, and an updated technical analysis for USD/CHF. Updates: KOF Economic Barometer rose to 0.08, a four-month high. Retail Sales

Forex Daily Outlook March 23 2012

Forex Daily Outlook March 23 2012

US New Home Sales, Bernank’s speech in Washington DC and Canadian inflation data are the main market-movers closing another Forex trading week. Here is an outlook on the main events awaiting us. In the US, New Home Sales. The number of new houses sold in January dropped less than predicted reaching 321,000 from324,000 in the

British Inflation Slides as Expected

British Inflation Slides as Expected

Britain’s Consumer Price Index dropped to 3.4%, as expected. A small surprise was seen in the Retail Price Index, which hit 3.7%, higher than expected. GBP/USD trades around 1.5860, very marginally higher than before the release. The consumer price index was expected to rise at an annual level of 3.4%, weaker than last month’s 3.6%. RPI was