Post Tagged with: "Current Account"
Forex Daily Outlook February 7 2012
In the US Fed Chairman Bernanke Testifies and Building Permits in Canada are the main events lined up, let’s see what awaits us today. In the US, Ben Bernanke, Federal Reserve Chairman, is due to testify in Washington DC. More in the US, Investor’s Business Daily (IBD) TechnoMetrica Institute of Policy and Politics (TIPP), Economic Optimism
EUR/USD Jan. 19 – Breaks Above Strong Resistance on Greek Hope, Strong Auctions
Euro dollar is currently above important resistance, as hope for some new deal in Greece, a positive comment from the ECB and further IMF help is emerging. In the debt front, Spain exceeded funding targets once again, and also France had a good auction as well. Will this be sufficient to support the break? Today is
Forex Daily Outlook January 19 2012
Unemployment Claims & Building Permits in the US are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, weekly report to value the unemployed that filed for insurance, due to reduce by 10K from the last month down to 389K. More in the US, Building Permits, It’s an outstanding monthly
EUR/USD Outlook January 16-20
Euro/dollar had another roller coaster week which ended in a fresh 16 month low.The upcoming week features the important ZEW survey and inflation numbers in addition to other events. Here’s an outlook for the upcoming events, and an updated technical analysis for EUR/USD. At first, things were looking good for the euro – the single currency
Forex Daily Outlook January 11 2012
FOMC Member Lockhart Speaks in the US and Trade Balance In the UK are the main events today. Here is an outlook on the market-movers awaiting us In the US, Dennis Lockhart, Federal Reserve Bank of Atlanta President is due to lecture in Atlanta. More in the US, Beige Book, scheduled 8 times per year
British GDP Revised to the Upside, But Current Account Disappoints
The economy in the UK grew by 0.6% in Q3 according to the final publications. This is a surprise and an upwards revision from 0.5%. This upwards revision came on top of a downwards revision for Q2: the economy didn’t grow at all, contrary to a rise of 0.1% reported in the “final” release. Nothing
Forex Daily Outlook December 22 2011
Unemployment Claims in the US and Current Account in the UK are the major market-movers. Let see what awaits us today. In the US, Unemployment Claim, weekly report to measure who filed for the first time for unemployment cover, is due to rise by 10K from 366K up to 376K Later in the US, Revised
Forex Daily Outlook December 20 2011
US housing data and Euro-Zone business and consumer sentiment as the main highlight on today’s outlook. Let’s see what awaits us today. In the US, Building Permits the annualized amount of residential permits released in October was well beyond predictions reaching 650,000 after 590,000 in the prior month. A small drop to 630,000 is expected
EUR/USD Dec. 19 – Back to Range After North Korean Dip
Euro dollar starts the week in the same range. The news about the death of North Korean leader Kim Jung Il sent the pair lower for a short while, but the focus quickly returns to Europe. The refusal of the ECB to buy bonds sends Italian yields higher once again. Will the debt issues continue into
Forex Daily Outlook December 19 2011
We start the week with some interesting events like ECB President Draghi Speaks in Europe and Rightmove HPI in the UK as the main highlight on today’s outlook. Let’s see what awaits us today. In the US, National Association of Home Builders (NAHB) Housing Market Index is expected to rise by 1 point up to