Post Tagged with: "Existing Home Sales"
EUR/USD Apr. 20 – Surging Forward On Risk Appetite
EUR/USD is ignoring weak German PPI and Greek fears and prefers to ride forward on US earnings and the US fiscal trouble. The pair is approaching the next resistance line. Where will it go from here? Here’s a quick update on technicals, fundamentals and what’s going on in the markets. EUR/USD Technicals Asian session: Euro/Dollar
Forex Daily Outlook – April 20 2011
Existed home sales in the US and BOE Meeting Minutes are the main events today. Here is an outlook on the market-movers lined up. In the US, MBA Mortgage Applications weekly index measures home loan demand a leading indicator of home sales dropped 6.7% last week following 2.0% decrease in the week before. Another drop
USD/JPY – Trading the US Existing Home Sales
The existing home sales figure, published on April 20th at 14:00 GMT, is the widest measure for the American housing sector. The publication shakes the dollar across the board, with USD/JPY being the most sensitive barometer. Here’s what’s expecting us, with 5 possible outcomes. Background The US manufacturing sector is growing. So is the services
Forex Weekly Outlook –April 18-22
US Housing Data, Euro-Zone Ifo Business Climate, US Unemployment Claims and US Philly Fed Manufacturing Index are the major events this week. Here is a look at the major market movers. U.S. trade deficit narrowed in February to $44 billion from $46.3 billion in January as overseas demand for American goods overpowered the rising cost of
EUR/USD Mar. 21 – Holding on to High Support
EUR/USD is holding on to its significant gains it made last week, and remains above high support as we have important events already on Monday. Will it fall from these highs or test the one year high? Here’s a quick update on technicals, fundamentals and community trends. EUR/USD Technicals Asian session: Quiet session sees EUR/USD
Forex Daily Outlook – March 21 2011
We start the week with interesting events such as Existing Home Sales in the US, ECB President Trichet Speaks in Brussels and more. Let’s see what awaits us today. In the US, Existing Home Sales is about to reduce by 0.31M. It’s a leading indicator of economic health because the sale of a home triggers
Forex Weekly Outlook –March 21-25
U.S. Housing Data, U.S. Core Durable Goods Orders and U.S. Unemployment Claims are the main events this week. Here is an outlook on the market movers lined ahead. The U.S. central bank decided unanimously to advance with its $600 billion bond-buying plan despite the considerable improvement in the economy and the job market. This statement was
EUR/USD Feb. 23 – Testing Critical Resistance
EUR/USD is rising and hesitating towards critical resistance after an impressing comeback yesterday. Will it break higher this time? Here’s a quick update on technicals, fundamentals and community trends. EUR/USD Technicals Asian session: Euro/Dollar jumped above 1.3700 and managed to stay there. Current range – 1.37 – 1.3760 Further levels in both directions: Below 1.37,
Forex Daily Outlook – February 23 2011
Existing Home Sales in the US & MPC Meeting Minutes in the UK are only some of the today’s highlights. .Let’s see what awaits us today. In the US, Existing Home Sales, number of residential buildings that were sold during the previous month excluding new construction is about to rise by 0.05M. Sale of a
Forex Weekly Outlook – February 21-25
US CB Consumer Confidence, US housing data, US Unemployment Claims are the main events this week. Here is an outlook on the major market-movers. U.S. core consumer prices rose at their quickest pace in more than a year in January gaining 0.2% the biggest climb since October 2009. Nevertheless the increase was not strong enough