Post Tagged with: "Factory Orders"
Forex Daily Outlook – June 3rd 2009
Australian GDP, British and American PMI and Ben Bernanke’s testament are the main indicators for today. And there are lots more. Let’s see what’s on the menu… The day starts with a major indicator: Australia’s GDP is published. GDP is expected to have fallen by 0.2% in the first quarter of 2009. If expectations come
Forex Daily Outlook – May 7th 2009
Big today today in forex trading: Britain and Europe will make rate decisions, US Unemployment Claims could surprise, and Bank Stress Test Info will also draw attention. Let’s dive into the main events of the day… I apologize before my regular readers – I didn’t publish the forex daily outlook yesterday. Australian employment figures were better
Forex Daily Outlook – May 1st 2009
It’s Labor day in Europe, so trading will be thinner than usual. But this May 1st still offers some interesting figures, such as British Manufacturing PMI and American ISM Manufacturing PMI. Let’s see what’s up for today: Japanese Average Cash Earnings start the day, with an expected fall of 2.7%. Later in Australia, Commodity Prices will be published. Commodities are
Forex Weekly Outlook – April 6-10 2009
This week features rate decisions from Australia, Japan and Britain. There are also lots of major figures from Canada. Due to Easter, Thursday is packed with indicators, and Good Friday is good for resting. Lets’ see what’s on the menu… Monday, April 6th: The week starts slowly, with European Retail Sales that are expected to
Forex Daily Outlook – April 2nd 2009
Big day in the forex market: G20 summit leaks and statements, and the ECB rate decision will dominate the day. And there’s more… G20 summit talks are now in progress in London. Will the leaders act together? Will they decide on a huge spending plan? What about regulation? All the official and unofficial news from
Forex Daily Outlook – March 11th 2009
Wednesday features economic indicators from all over the globe, with British Trade Balance, Federal Budget Balance, Final GDP from Japan and a rate decision in New Zealand as the top indicators. Australia starts the day with the important figure of Home Loans expected to rise by 4%, less than 6.4% in the previous month. In
Forex Daily Outlook – March 5th 2009
Very big day today at the forex market. Rate decisions in Europe and Britain will dominate the scene. Big swings can also be caused by US Unemployment Claims, and some serious releases from both Australai and Canada. Let’s see what’s in there… Already at 00:30, news come from the land down under: Australian Building Approvals are
Low Home Sales Send the Dollar Down
The Pending Home Sales showed a fall of 4.0% . This was far worse than a drop of 0.9% that was expected. This sent the dollar down. The dollar rallied until this announcement against all the major currencies: Euro, Yen and Swiss Franc. Now this trend has been reversed. The ISM Non-Manufacturing PMI was surprisingly better
Forex Daily Analysis – January 6th 2008
The week started with strong moves by the US dollar and the British Pound. This USD GBP correlation is still mysterious. Today, moves in the Forex market will be backed by lots of important economic data. In Australia, the AIG Services Index will supply some indication about this strong economy of this nation. Also in the