Post Tagged with: "Existing Home Sales"
Contraction or Retraction? US Dollar Outlook
The US dollar collapsed last week against lots of currencies. This week, American figures stand out in the economic calendar, with Prelim GDP being the last and most important figure. Will American contraction squeeze? How will Consumer Confidence, Home Sales (Existing and New), Durable Goods Orders. and the GDP move dollar this week? Outlook for the beaten
Forex Weekly Outlook – May 25-29 2009
After a holiday in the US, forex trading this week will be affected by New and Existing Home Sales, Durable Goods Orders and the second release of GDP. Yup, after a horrible week for the dollar, the scene is dominated by American figures. And of course, there are many interesting figures elsewhere. Let’s see what’s on
8 Reasons why Non-Farm Payrolls will be Better
Some American figures have shown improvement in the past month. Also economists have expressed optimism. This should be reflected in the upcoming Non-Farm Payrolls? April’s NFP could be better than expected. The dollar will feel it. There are several economic indicators that show that the American economy is improving, or at least stabilized. Hope for America
Forex Daily Outlook – April 24th 2009
The last day of this week has many important releases, and two special events: G7 Meetings and the Bank Stress Test Info. Let’s see what’s on the menu in this exciting day: G7 Meeting are held throughout the day in Washington DC. This may also be seen as a follow up on the G20 summit, that
Forex Daily Outlook – April 23rd 2009
Lots of economic indicators on a crowded Thursday: European PMI figures, Canadian Retail Sales, American Unemployment Claims and Existing Home Sales are the stars of today. And there’s more: BOJ Governonr Shirakawa will speak early in the morning, and will give some insights on the suffering Japanese economy. Lot’s of European PMI At 7:00 GMT, the French will
Forex Weekly Outlook – April 20-24 2009
This week features Home Sales data in the US, a rate decision in Canada, British GDP and many more interesting economic figures that will move the markets. Some currencies are at critical levels, and might set a new course this week. Let’s dive into the major events this week: Monday, April 20th: Australia’s PPI is
Continued American Housing Doesn’t Help The Dollar
Housing data in the US continues to shine, with Pending Home Sales showing strength and surprising. But the markets have their heads in the next two days: G20 Summit and NFP. Tension is high… Pending Home Sales have been very positive: A rise of 2.1%, compared to early expectations of 0.2%. Comparing to last month, it
Forex Daily Outlook – March 25th 2009
American Core Durable Goods Orders will be in the limelight today, but there are many more important releases around the globe: German Ifo Business Climate, British CBI Realized Sales and American Home Sales will also draw attention. Let’s review all the events. New Zeland starts the day with Westpac Consumer Sentiment. Last quarter, it stood on 101.3. NZD/USD showed
American Housing Is Above The Bottom
Existing Home Sales in the US were better than expected, and better than last month. This adds to last week’s housing data that also gave some hope. Is there a house at the end of the tunnel? American Existing Home Sales in the US stood on 4.72 million in February. Early expectations were for a
Forex Daily Outlook – March 23rd 2009
The forex week starts with a rather relaxed day regarding economic indicators. Existing Home Sales will be the main event today. Jean-Claude Trichet is in Mexico, and will speak about the financial crisis and commodity prices. Will he have something to say about Ben Bernanke’s huge dollar printing move? Will the ECB act on the Euro? In