Forex Crunch » Employment Cost Index

EUR/USD Jan. 31 – Rising in Channel While Ignoring Greece and Weak Data

Yohay — Tue, 31 Jan 2012 09:46:05 +0000

Euro dollar continues it’s near perfect channel trading and moves higher. The EU Summit failed to produce any news regarding the burning issues of Greece and weak figures from Germany and France. The Greek PSI deal is forever “close” as Portugal continues signs of following the Hellenic Republic. End-of-month moves also make the market more choppy. Will the pair fall when the month ends?

Here’s an update on technicals, fundamentals and what’s going on in the markets.

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Forex Daily Outlook January 31 2012

anat — Mon, 30 Jan 2012 22:00:20 +0000

US CB Consumer Confidence and Canadian GDP are the major events today. Here is an outlook on the market-movers awaiting us

In the US, CB Consumer Confidence increased more than predicted to 64.5 in December from 55.2 in November indicating an elevated confidence among households. A further improvement to 68.2 is expected now.

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Forex Daily Outlook – October 28 2011

anat — Thu, 27 Oct 2011 20:00:53 +0000

Employment Cost Index in the US and Consumer Spending in Europe are the major events this day. Here is an outlook on the market-movers awaiting us.

In theUS, Revised University of Michigan (UoM) Consumer Sentiment, consumer’s survey to value the present and upcoming financial conditions over the last month, a rise from 57.5 points on September up to 58.2 points this time is likely. Meanwhile the Revised UoM Inflation Expectations is expected to remain 3.2% similar to the previous report.

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EUR/USD July 29 – Pulling Off Lows On US Deadlock

Yohay — Fri, 29 Jul 2011 04:55:52 +0000

Euro dollar managed to bounce off its lows as the political deadlock in the US continues. The euro fell and is still pressured by the rising Spanish and Italian yields. Today’s US GDP and also European inflation will provide a powerful end to the week in a busy calendar. How will the ugly contest end this week?

Here’s a quick update on technicals, fundamentals and what’s going on in the markets.

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Forex Daily Outlook – July 29 2011

anat — Thu, 28 Jul 2011 21:00:53 +0000

Advance GDP in the US and Nationwide HPI in the UK are the major events this day. Here is an outlook on the market-movers awaiting us.

In the US, Advance Gross Domestic Product (GDP), quarterly index to measure the inflation-adjusted value of all services and goods manufactured by the economy; small reduce to 1.6% this time is expected from 1.9% on the previous time. Meanwhile the Advance GDP Price Index is expected to remain 2% similar to the previous report

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EUR/USD Apr. 29 – Approaching Resistance On High Inflation

Yohay — Fri, 29 Apr 2011 09:19:40 +0000

EUR/USD moves towards the high end of the range, as European inflation exceeds expectations, and Bernanke’s weight is still felt on the dollar. Here’s a quick update on technicals, fundamentals and what’s going on in the markets.

EUR/USD Technicals

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EUR/USD Jan. 28 – Battle Over 1.37 Continues

Yohay — Fri, 28 Jan 2011 07:36:39 +0000

EUR/USD is still struggling to hold above 1.37, the line that capped it for many days, as we await GDP in the US. How will it close the wee ? Here’s a quick update on technicals, fundamentals and community trends.

EUR/USD Technicals

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Forex Daily Outlook – January 28 2011

anat — Thu, 27 Jan 2011 22:00:44 +0000

In the UK Nationwide HPI and Unemployment Claim & Pending Home Sales in the US are some to the important events. Let’s see what awaits us today.

In the US, Advance Gross Domestic Product (GDP), change in the inflation-adjusted value of all goods and services produced by the economy; is about to rise by 0.9%, while the Advance GDP Price Index is about to reduce by 0.4%. It’s the broadest measure of economic activity and the primary gauge of the economy’s health.

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Forex Daily Outlook – October 29 2010

anat — Thu, 28 Oct 2010 22:00:52 +0000

We end the week with some interesting data regarding Advance GDP in the US & in GDP in Canada and more news. Let’s see what awaits us today.

In the US, Advance GDP, quarterly date of the inflation-adjusted value of all goods and services produced by the economy is about to rise by 0.4 and the Advance GDP Price Index is about to rise by 1%It’s the broadest measure of economic activity and the primary gauge of the economy’s health.

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Forex Daily Outlook – July 30 2010

anat — Thu, 29 Jul 2010 21:00:41 +0000

U.S. Advance GDP, US Employment Cost and Canada’s GDP are the major event at the end of another trading week. Here is an outlook on today’s events.

In the US, Advance Gross Domestic Product, the main measure of economic activity and growth in the world’s largest economy will bring the preliminary estimate of the U.S. GDP, which is forecasted to be in line with the market’s expectations of slower 2.5% economic growth in Q2 2010, compared with 2.7% in the first quarter while Advance GDP Price Index is expected the same growth rate of 1.1% as in the previous quarter.

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