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Forex Daily Outlook – November 3 2011

Forex Daily Outlook – November 3 2011

ISM Non-Manufacturing PMI in the US and Services PMI in the UK are the main events lined up.  Let’s see what awaits us today. G20 Meetings (Day 1), the Group of Twenty (G20) is an important global policy-making figure effective at the uppermost level, which impact the cash markets. In the US, Unemployment Claims, measures

EUR/USD Outlook – Oct. 31 – Nov. 4

EUR/USD Outlook – Oct. 31 – Nov. 4

Euro/dollar had a very exciting week around the European summits. It managed to climb back up to the previous range. Will it stay there? The upcoming week features the first rate decision by Mario Draghi, as well as other important indicators. Here is an outlook for the European events, and an up dated technical analysis for

Forex Weekly Outlook – Oct. 31-Nov. 4

Forex Weekly Outlook – Oct. 31-Nov. 4

The US dollar dropped sharply as the euphoria from Europe replaced fear. Will this continue? The upcoming week is very busy: rate decisions in the US, the euro-zone and Australia, the G-20 Meetings and Non-Farm Payrolls. Here is an outlook on the major market-movers ahead. Last week the US economy grew at an annual pace

Forex Daily Outlook – October 6 2011

Forex Daily Outlook – October 6 2011

Unemployment Claims in the US and ECB Press Conference in Europe are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, significant indicator of overall financial health, weekly report to value the number of unemployed that for the first time filed for insurance over the passing week, raise from 391K

EUR/USD Outlook – October 3-7

EUR/USD Outlook – October 3-7

Euro/dollar enjoyed some consolidation and correction, but this was eventually lost as a Greek default remains high on the cards. Time is running out. In addition to Greece, we have a very busy week for the beginning of Q3. The highlight will be the last rate decision for Jean-Claude Trichet, in which he might reverse his

Forex Weekly Outlook – October 3-7

Forex Weekly Outlook – October 3-7

After consolidation and correction, the tables turned in favor of the dollar once again and as a new quarter begins, the calendar is very busy. Rate decisions in the euro-zone, Britain, Australia and Japan and a grand finale with US Non-Farm Payrolls are at the top of our market-movers list this week. Here is an

Forex Daily Outlook – September 8 2011

Forex Daily Outlook – September 8 2011

US trade balance, Ben Bernanke’s speech and US Unemployment claims are the major market-movers. Let see what awaits us today. In theUS, Trade Balance, The gap between imports and exports has widened in June reaching -53.1B from -50.8B in the previous month. The gap is expected to narrow to -50.3B this time. Ben Bernanke speaks

EUR/USD Outlook – September 5-9 2011

EUR/USD Outlook – September 5-9 2011

Euro/dollar couldn’t break out of range and it ended the week 300 pips lower. Will it climb back within range or break lower? The upcoming week is very busy and consists of the rate decision among other events. Here is an outlook for these events, and an updated technical analysis for EUR/USD. The now quarterly

Forex Weekly Outlook –September 5-9

Forex Weekly Outlook –September 5-9

This week’s most important events are the rate decisions in Australia, Japan, Canada, the UK and in the  Euro-Zone and employment data in Australia,  and Canada. Here is an outlook on all the major events awaiting us this week. Last week the overall picture in the US has worsened after a flat reading of non-farm

EUR/USD Outlook – August 1-5

EUR/USD Outlook – August 1-5

Euro to dollar is struggling together with the Spanish and Italian bonds. The hangover from the European summit continues. The upcoming week consists of many events, with Trichet’s post-rate press conference being the highlight. Will we see a softer stance on inflation? Here is an outlook for the events that will rock the euro, and an updated