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Forex Daily Outlook February 8 2012

Forex Daily Outlook February 8 2012

In the US FOMC Member Williams Speaks and Housing Starts in Canada are the main events today.  Here is an outlook on the market-movers awaiting us today. In the US, Crude Oil Inventories, the number of crude oil barrels in inventory over the last week, is about to remain 4.2M similar to the last week’s

NZD/USD Outlook February 6-10

NZD/USD Outlook February 6-10

The kiwi continued rallying higher for another week. Is it unstoppable? Employment data are the major events this week. Here’s an outlook for the events in New Zealand, and an updated technical analysis for NZD/USD Last week new housing approvals jumped 2.1% in December rising 13% in from a year earlier; however 2011 has been a bad year

Forex Weekly Outlook February 6-10

Forex Weekly Outlook February 6-10

A volatile week left the dollar in a better position, as QE3 and a solution for Greece are both very uncertain. Will the dollar reverse its previous losses now? Rate decisions in the euro-zone, the UK and Australia are the main market movers this week. Here is an outlook on what lies ahead.  Last week

Forex Daily Outlook February 3 2012

Forex Daily Outlook February 3 2012

We summarize this week Unemployment Rate in the UK and Services PMI in the US are the major events this day. Here is an outlook on the market-movers awaiting us. In the US, Unemployment Rate, measures total work unemployed force (by percentage) that looking for jobs during the last month. More in the US, The

NZD/USD Outlook Jan. 30 – Feb. 3

NZD/USD Outlook Jan. 30 – Feb. 3

Building Consents and employment data are the major events this week. Here’s an outlook for the events in New Zealand, and an updated technical analysis for NZD/USD Last week the Reserve Bank of New Zealand maintained its benchmark interest rate at 2.50% in light of ongoing uncertainty concerning global market conditions. Meanwhile Trade balance swung to surplus in

USD/CAD Outlook Jan. 30- Feb. 3

USD/CAD Outlook Jan. 30- Feb. 3

The Canadian dollar is touching parity with the greenback after another week of gains. Gross Domestic Product and employment figures are the highlights of this week. Here’s an outlook for the Canadian events and an updated technical analysis for USD/CAD. Ben Bernake’s extended rate pledge and hints of QE3 certainly helped weaken the US dollar. In Canada,

Forex Weekly Outlook Jan. 30- Feb. 3

Forex Weekly Outlook Jan. 30- Feb. 3

The US dollar made a big retreat for a second week in a row. Will it continue falling? The Non-Farm Payrolls release is the highlight of a very busy week, which includes many figures from the US . Here is an outlook on the main market-movers coming our way. Ben Bernanke weakened the dollar with

Forex Daily Outlook January 19 2012

Forex Daily Outlook January 19 2012

Unemployment Claims & Building Permits in the US are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, weekly report to value the unemployed that filed for insurance, due to reduce by 10K from the last month down to 389K. More in the US, Building Permits, It’s an outstanding monthly

AUD/USD Outlook January 16-20

AUD/USD Outlook January 16-20

The Australian dollar rose over 100 pips against the greenback, closing just above the 1.03 level. The upcoming week is busy, with eight indicators being released. Here is an outlook for the Australian events, and an updated technical analysis for AUD/USD. Updates: The Aussie dipped under 1.03 as the ANZ Job Advertisements dropped by 0.9%, triggering worries about

Forex Weekly Outlook January 16-20

Forex Weekly Outlook January 16-20

The dollar made an impressing comeback at the end of a very eventful week. Will this continue? German ZEW Economic Sentiment, a rate decision in Canada, employment data in Australia and US housing figures are the highlights of this week. Here is an outlook on the main events in the week ahead. Last week, the