Post Tagged with: "Current Account"
GBP/USD Outlook December 19-23
The British pound lost ground against the surging US dollar, but managed to recover somewhat, losing about 100 pips over the course of the week. The upcoming week is quite busy with seven important indicators being released. Highlights include GDP and current account. Here is an outlook for the upcoming events, and an updated technical analysis for GBP/USD.
NZD/USD Outlook December 19-23
The New Zealand dollar couldn’t withstand the European storm and dropped for another week. NBNZ Business Confidence, Current account and GDP are the highlight of this week. Here’s an outlook for the events in New Zealand, and an updated technical analysis for NZD/USD Last week figures revealed that New Zealand’s manufacturing sector contracted further in October, reaching 45.7
EUR/USD Outlook December 19-23
Euro/dollar finally gave in to all the bad news and fell to levels last seen in January. Will we see a new year to date low, or will trading calm down from here? We have quite a few events just before the Christmas holiday. Here is an outlook for these events and an updated technical analysis for
EUR/USD Dec. 15 – Good News But No Recovery
Euro dollar is stabilizing around 1.30, yet again licking the wounds after a fall. The Swiss authorities didn’t chose to weaken the franc against the euro, and this weighed on the single currency. On the other hand, better than expected PMIs and a very successful bond auction in Spain helped the pair stabilize. This is a
Forex Daily Outlook December 15 2011
Unemployment Claims and PPI in the US are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, measures the unemployment insurance that was filed on the last month, predicted to rise by 8K up to 389K More in the US, Treasury International Capital (TIC), Long-Term Purchases, value the difference between foreign
Forex Daily Outlook November 7 2011
Manufacturing Production in the UK is the main event today. Here is an outlook on the market-movers awaiting us In the US, Crude Oil Inventories, weekly report to value the crude oil barrels in commercial company’s inventory, is about to by remain 3.9M similar to the last week. More in the US, Consumer Credit, expected
Forex Daily Outlook December 6 2011
Halifax HPI in the Uk and German Factory Orders in Europe are the main events lined up. Let’s see what awaits us today. In the US, Daniel Tarullo, Federal Reserve Governor, is about to speak in Washington DC. More in the US, Investor’s Business Daily (IBD) TechnoMetrica Institute of Policy and Politics (TIPP) Economic Optimism,
Forex Daily Outlook November 29 2011
Building Consents in the US and Nationwide HPI in the UK are the main events lined up. Let’s see what awaits us today. In the US, The Conference Board (CB) Consumer Confidence, monthly survey to rate the present and upcoming financial conditions with labor availability etc., rise is expected from 39.8 on October up to
USD/CAD Outlook Nov. 28-Dec. 2
The Canadian dollar couldn’t hold its ground against a rising US dollar, and USD/CAD continued north. GDP and employment figures are the major events this week. Here’s an outlook for the Canadian events and an updated technical analysis for USD/CAD. The crisis in Europe is definitely taking its toll. The failed German auction was the highlight of an eventful week.
EUR/USD Nov. 21 – Leans Lower as French Rating Endangered
Euro dollar started the week lower, getting close to the bottom border of the range. In Spain, the center-right PP party won a landslide victory and has a mandate for austerity. This doesn’t cheer the markets. France’s perfect AAA is now endangered, and yields remain high. More significant bond buying action from the ECB is still