Post Tagged with: "ECB Press Conference"
Forex Weekly Outlook –May 2-6
US employment data and Australian, British and European rate decisions are the main events this week. Here is an outlook for this week’s market-movers. Will the blow that the dollar got from Ben Bernanke continue to push the dollar lower? Or will it consolidate as the market is calmer after the news? Economists believe that
Forex Daily Outlook – April 7 2011
ECB Press Conference in Europe and Unemployment Claims in the US are the main events today. Let’s see what awaits us today. In the US, Unemployment Claims, individuals who filed for unemployment insurance for the first time during the past week is about to be 385K. Important signal of overall economic health because consumer spending
Buy the Rumor, Sell the Fact? ECB Preview
EUR/USD enjoyed the implicit and explicit talks about a rate hike in the Euro-zone. But now, as the moment of truth has arrived, the outcome for the common currency could be very different. Here’s a preview for the ECB rate decision, with 5 scenarios. Rate Hike vs. Debt Crisis In the previous press conference that
EUR/USD Outlook April 4-8
After the euro traded quite wildly in the range, the upcoming week will likely feature the first rate hike in 2 years. And there are many more events to rock the common currency this week. Will we see it break above one year highs? Here’s an outlook for the European events and an updated technical
Forex Weekly Outlook –April 4-8
Ben Bernanke’s speech in Atlanta, Rate decision in Australia, Japan, U.K. and the Euro-Zone are the major events this week. Here is an outlook on the coming market-movers. The index of consumer confidence fell to 63.4 in March from a revised 72.0 in February. Analysts expected a decline to 64.9. Rising oil prices together with
Forex Daily Outlook – March 3 2011
Unemployment Claims in the US and ECB Press Conference in Europe are only some of the exciting news. .Let’s see what awaits us today. In the US, Unemployment Claims, individuals who filed for unemployment insurance for the first time during the past week; is about to reduce by 1K. important since consumer spending is highly
EUR/USD Outlook – Feb. 28 – Mar. 4
After riding on more hawkish comments regarding the interest rate and the greenback’s weakness, the Euro faces a very busy week, with the rate decision being the climax. Here’s an outlook for the European events and an updated technical analysis for EUR/USD. The civil war in Libya is disrupting oil supply. Despite the small quantity
Forex Weekly Outlook – Feb 28-Mar 4
US Housing Data, Canadian Rate Decision and US Employment data are just a few of the numerous market movers scheduled this week. Here is an outlook on the events ahead. American consumers confidence surged to 70.4 in February, the highest level in three years, thanks to better prospects for the economy and jobs. Although Consumer
EUR/USD Feb 3 – Tense Range Trading Before ECB
EUR/USD is trading in a high range, as tension mounts towards Jean-Claude Trichet’s rate decision and as the Egyptian crisis escalates. Will it break higher on this busy day? Here’s a quick update on technicals, fundamentals and community trends. EUR/USD Technicals Asian session: Very quiet trade around 1.38. Current range – 1.3760 to 1.3830. Further
Forex Daily Outlook – February 3 2011
Very interesting events coming up, Fed Chairman Bernanke Speaks in Washington DC, ECB Press Conference in Europe and much more. Let’s see what awaits us today. In the US, Unemployment Claims, individuals who filed for unemployment insurance for the first time during the past week; is about to droop down by