Post Tagged with: "Factory Orders"
EUR/USD Outlook June 6-10
The Euro had a great week, recovering some of the losses it encountered during May. The upcoming week’s highlight is the rate decision with the press conference of Trichet. Here’s an outlook for 9 events awaiting us, and an updated technical analysis for EUR/USD. We’ve seen some risk averse moves in the past week: Bad
EUR/USD June 2 – Breaks Resistance On Fresh Hopes for Greece
EUR/USD got a blow as Greek debt was “junked” by Moody’s. It is now recovering on thin volume as tension mounts towards the Non-Farm Payrolls. The successful Spanish auction and fresh hopes send it towards resistance. Here’s a quick update on technicals, fundamentals and what’s going on in the markets. EUR/USD Technicals Asian session: The
Forex Daily Outlook – June 2 2011
Factory orders in the US and Jean-Claude Trichet speech are the major market-movers. Let see what awaits us today. In the US, Factory orders, measuring the long-lasting orders in the manufacturing level and affects the inflation negative forecast for the USD is expected now with-0.3%
EUR/USD May 5 – Testing Resistance Before Trichet
EUR/USD is moving higher within range and approaching resistance as tension mounts towards Trichet’s words in the press conference..Also the US front is busy today, with the last hint towards the Non-Farm Payrolls. Here’s a quick update on technicals, fundamentals and what’s going on in the markets. EUR/USD Technicals Asian session: Rather quiet session with
Forex Daily Outlook – May 3 2011
Total Vehicle sales in the US and PMI manufacturing in the UK are the main events today. Here is an outlook on the market-movers lined up. In the US, Factory orders, measuring the long-lasting orders in the manufacturing level, is expected to rise by 1.4%, and affects the inflation. Later in the US, Total Vehicle
EUR/USD Outlook for May 2-6
The Euro can thank Bernanke for another great week. The focus will shift towards the Euro – a busy week is expecting us, with Trichet’s rate decision press conference being the best show in town. Here’s an outlook for the events that will rock the common currency, and an updated technical analysis for EUR/USD. The
EUR/USD Stabilizes Higher Following German Factory Orders
Europe’s largest economy continues to push forward – factory order grew by 2.4%, 4 times the early expectations. This sends the EUR/USD further above, at a safer distance from the critical resistance it broke earlier. Germany’s economy is healthy. Very healthy. The Euro-zone’s powerhouse saw another strong month of growth in factory orders, 2.4%. This
EUR/USD Apr. 6 – Breaks Critical Resistance – At 15 month High
EUR/USD managed to break about to levels last seen in January 2010, even before the all-important rate decision tomorrow. Will this move continue into a long rally? Or is this a big false break that could be reversed when the rumor turns into a fact? Here’s a quick update on technicals, fundamentals and community trends.
EUR/USD Outlook April 4-8
After the euro traded quite wildly in the range, the upcoming week will likely feature the first rate hike in 2 years. And there are many more events to rock the common currency this week. Will we see it break above one year highs? Here’s an outlook for the European events and an updated technical
Forex Daily Outlook – March 31 2011
Unemployment Claims in the US and GDP in Canada are only a few of today’s exciting events. Let’s see what awaits us today. In the US, Unemployment Claims, individuals who filed for unemployment insurance for the first time during the past week is about to droop down by 3K. Consumer spending is highly correlated with