Forex Crunch » Factory Orders

EUR/USD Feb 3. – Edging Higher Before the NFP

Yohay — Fri, 03 Feb 2012 11:00:27 +0000

Euro dollar is ticking up above minor resistance and in a narrow range. All eyes are now on the US Non-Farm Payrolls, which hold high expectations but could disappoint. A deal in Greece is still awaited but some optimists are already moving to the pessimists camp. How will the pair end this tense week?

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

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Forex Daily Outlook February 3 2012

anat — Thu, 02 Feb 2012 22:00:14 +0000

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.

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Forex Daily Outlook January 6 2012

anat — Thu, 05 Jan 2012 22:00:41 +0000

We summarize this week Non-Farm Employment Change in the US and Halifax HPI in the UK are the major events this day. Here is an outlook on the market-movers awaiting us.

In the US, Unemployment Rate, monthly report to value the all work force by percentage that is looking for jobs over the past month, rise is forecasted up by 0.1% from December up to 8.7%.

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EUR/USD Jan. 4 – Returns to Normal and Falls Sharply

Yohay — Wed, 04 Jan 2012 13:34:05 +0000

Euro dollar made a big move downwards, losing the New Year optimism and refocusing on new worries from Spain and Italy. Recession seems more and more real. The pair reached the pivotal line. Will it stop here? The move higher seems indeed like short covering. The first sign for the US Non-Farm Payrolls was very positive.

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

Read the rest of the article EUR/USD Jan. 4 – Returns to Normal and Falls Sharply

Forex Daily Outlook January 4 2012

anat — Tue, 03 Jan 2012 22:00:29 +0000

Factory Orders in the US and Construction PMI in the UK are the main events today. Here is an outlook on the market-movers awaiting us

In the US, Factory Orders, production leading indicator to value the new manufacturers’ orders over the past month, rise is expected from -0.4% up to 1.9%

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Forex Daily Outlook December 6 2011

anat — Mon, 05 Dec 2011 21:31:51 +0000

Halifax HPI in the Uk and German Factory Orders in Europe are the main events lined up. Let’s see what awaits us today.

In the US, Daniel Tarullo, Federal Reserve Governor, is about to speak in Washington DC.

Read the rest of the article Forex Daily Outlook December 6 2011

US ISM Non-Manufacturing PMI 52 – Under Expectations

Yohay — Mon, 05 Dec 2011 15:00:40 +0000

This means that the services sector is growing at a slower pace. Early expectations stood on a rise from 52.9 to 53.6 points. The services sector is the largest in the US.

Also US Factory Orders disappointed with a drop of 0.4%. A rise of 0.2% was predicted. This breaks the nice stream of positive US indicators.

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EUR/USD Dec. 5 – Rising on Hopes for Central Bank Action

Yohay — Mon, 05 Dec 2011 11:26:29 +0000

Euro dollar is moving up gradually at the wake of this critical week. There are reports about another coordinated action by the Federal Reserve, the euro-zone central banks and the IMF to inject €100 billion or more to debt struck countries. In addition, the ECB may finally be preparing the massive QE program worth €1 trillion. Merkel and Sarkozy are meeting today and a lot is at stake. Will a credible solution be provided 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 December 5 2011

anat — Sun, 04 Dec 2011 21:00:30 +0000

We start the week with some interesting events like ISM Non-Manufacturing PMI in the US and Services PMI in the UK as the main highlight on today’s outlook. Let’s see what awaits us today.

In the US, The Institute for Supply Management (ISM) Non-Manufacturing Purchasing Managers’ Index (PMI); Monthly Survey to value the business conditions such as new orders, employment etc., a rise is expected 52.9 points on November up to 53.6 points now.

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3 Reasons for the Drop in EUR/USD

Yohay — Fri, 04 Nov 2011 13:28:51 +0000

Euro/dollar is on the fall. The initial reaction to the mixed Non-Farm Payrolls was a move higher, but this was limited and was followed with a slide.

The move then accelerated and EUR/USD already lost one support liine. Here are three reasons for the downfall:

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