EUR/USD – Yet Another Rise Before A Dive?
After losing a critical support line and making a deep dive, EUR/USD is making a nice recovery. Learning from the near past – fasten your seat belts for a fresh dive. EUR/USD broke down under the 1.3423 earlier this week and made a sharp drop. In February, the pair was supported at this line several times, [...]
Forex Daily Outlook – March 22nd 2010
The calendar is light on Monday. Trading will be mostly affected by Friday’s dollar strength and by speeches from key figures: Geithner, Trichet and King. Let’s see what’s awaiting us. Don’t worry. The action returns on Tuesday with major releases all around the world. Check out the forex weekly outlook details on the major events. [...]
Forex Daily Outlook – March 12th 2010
Two American figures will be in the limelight todya: retail sales and consumer sentiment. In addition, we have employment figures from Canada and other events. Let’s see what’s up for today. Up to now, this week saw tight trading, especially in the major pairs. Only the Aussie stood out with a break, enjoying good employment [...]
Forex Daily Outlook – March 4th 2010
Tension rises in the forex market as the calendar is very busy today. The highlights are rate decisions in Europe and Britain, plus a busy American calendar. Let’s see what’s awaiting us today. Tension also comes from a possible resolution to the Greek crisis (although fragile), and the hints towards the big event on Friday: [...]
Forex Daily Outlook – February 4th 2010
Very busy day ahead: rate decisions in Britain and Europe are the highlights in a crowded calendar, one day before the Non-Farm Payrolls. Things are shaky in the forex market. The dollar weakened during the week but then erased the losses after the ADP Non-Farm Payrolls was good. The major pair, EUR/USD is currently holding [...]
EUR/USD Outlook – January 18-22
Looking for the latest outlook, for the current week? Check out the section: EUR/USD Forecast. The Euro enjoyed higher ground in the past week, but it proved only temporary, as it fell across the board on Greek troubles. The upcoming week provides the all-important ZEW Economic Sentiment among many other indicators. Here is an outlook for [...]
EUR/USD Forecast – December 14-18
Looking for the latest outlook, for the current week? Check out the section: EUR/USD Forecast. The Euro starts the new week in a weak position, after edging below a support line on Friday. The upcoming week features two major business sentiment surveys as well as important inflation figures. Here’s an outlook for the major events [...]
Forex Daily Outlook – December 7th 2009
The new week opens in the shadow of the Non-Farm Payrolls on Friday, which sent the dollar up. Ben Bernanke’s speech is the highlight of today, among other events. Let’s see what’s up for today: In Australia, ANZ Job Advertisements are expected to return to growth, in accordance with the rise in jobs. Official employment [...]
Exit Strategies Expose Pound Weakness
Both the Federal Reserve and the ECB began moves to soften the stimulus actions – the start of an exit strategy out of the crisis. This doesn’t happen in Britain. Britain still suffers from a bad data – and this leaves the Pound behind – again. In the monthly rate decision there was no surprise [...]
Forex Daily Outlook – December 3rd 2009
After a calm day, the calendar is full again: a rate decision in Europe and Ben Bernanke’s testament are in the limelight. And there’s more from all over the world. Let’s see what’s up for today: Australian Retail Sales supply a strong start for the day, with an expected rise of 0.4%, after a 0.2% [...]
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