Post Tagged with: "Current Account"
Forex Daily Outlook – August 19th 2009
With no American figures today, European and Canadian inflation figures are the highlights. Let’s see what’s up for this day in the middle of the week: Australia starts the day with the MI Leading Index. It fell by 0.2% last time. It should rise this time. For more on the Australian dollar, check out Aussie Outlook. In
EUR/USD Outlook – August 17-21 2009
Growth in the continent’s largest economies didn’t help the Euro to make serious gains. It’s still trading in uptrend channels, but these are narrowing. 5 important events will determine EUR/USD’s direction this week. Here’s an outlook on the key events and a technical analysis for EUR/USD. EUR/USD Graph – with the uptrend channels highlighted: EUR/USD,
Forex Weekly Outlook – August 17-21 2009
The upcoming week in forex trading features many interesting releases: Japanese GDP, housing figures in the US, and lots of important British figures dominate the scene. There are many more important indicators. Let’s see what’s awaiting us on the third week of August
Forex Daily Outlook – August 10th 2009
The second week of August starts slowly, without any American releases. Australian Home Loans and French Industrial Production will stand out. Let’s see what’s on the menu today. Japanese figures start the day, actually 10 minutes to midnight… Core Machinery Orders are expected to turn positive and rise by 2.8%. Last time they fell by 3%. This
Forex Daily Outlook – July 23rd 2009
Busy day today with American Existing Home Sales and Unemployment Claims dominating the scene. Also note the British Retail Sales. And there’s lots more. Let’s see what’s on the menu: In Australia, RBA Assistant Governor Dr. Guy Debelle will speak also today, and might move the Aussie. European Current Account is predicted to remain negative, but
British Pound Outlook – June 29 – July 3 2009
The British Pound stuck to its range for another week, failing to breach the magical 1.6660 line. This week’s key British events: Nationwide HPI, Current Account, Manufacturing PMI, Services PMI and American Non-Farm Payrolls could well shake the Pound. Here’s an outlook for this week’s 5 key events in the British Pound + a technical analysis for GBP/USD.
Forex Weekly Outlook – June 29 – July 3 2009
The king of forex – Non-Farm Payrolls, is published early – on Thursday. There are lots of other major figures in the start of the third quarter: ISM Manufacturing PMI, interest rate decision in Europe, Tankan Manufacturing Index in Japan and a big bulk of data from Britain. Let’s see what’s on the menu this week
Forex Daily Outlook – June 24th 2009
Big day today in the forex market – the FOMC Statement is made. What will Bernanke hint about future interest rates? Apart from tensions towards the statement, the market will move on other important figures. Here’s the menu: Iran is still in the news. How will the public react to the regime’s refusal to nullify
Forex Weekly Outlook – June 22-26 2009
The two day FOMC meeting will draw most of the attention this week. Will Bernanke hint anything about future rate changes? Also this week, home sales figures in the US, PMI data in Europe and important British figures will shake the market. And of course, the Iranian election crisis is still with us. Here are
Forex Daily Outlook – June 8th 2009
Canadian Hosuing Starts and German Factory Orders are the highlights of this relatively quiet day. The markets will also digest the growing possibility of a global reserve currency that will replace the dollar. Outlook for the first day of the forex trading week: John Lipsky, a senior member of the IMF, said that a global, delinked currency