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Forex Daily Outlook February 10 2012

anat — Thu, 09 Feb 2012 22:00:33 +0000

We summarize this week in the UK Fed Chairman Bernanke Speaks and PPI Input in the UK are some of the major events this day. Here is an outlook on the market-movers awaiting us.

In the US, Ben Bernanke, Federal Reserve Chairman, is about to speak in Orlando

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Forex Daily Outlook November 9 2011

anat — Thu, 08 Dec 2011 22:00:06 +0000

We summarize this week with Trade Balance reports on the US, UK and Canada as the major events of this day. Here is an outlook on the market-movers awaiting us.

In the US, Trade Balance, value the difference between exported and imported goods and services on the past month, expected to further reduce from -43.1B on November down to -43.5B now.

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EUR/USD Nov. 10 – Finds a Bottom on ECB Buying Rumors, Early Italian Vote

Yohay — Thu, 10 Nov 2011 10:39:14 +0000

Euro dollar is making a nice comeback after falling into the abyss. The Italian parliament has brought forward the austerity measure vote, and this may send Berlusconi out sooner. In addition, there are are rumors that the ECB will get serious about its intervention in buying Italian bonds. Whether it’s the ECB or not, yields are finally relaxing. Economic indicators aren’t shining on a busy day.

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

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Forex Daily Outlook – October 13 2011

anat — Wed, 12 Oct 2011 21:00:57 +0000

Unemployment Claims in the US and Trade Balance in Canada are the major market-movers. Let see what awaits us today.

In the US, Unemployment Claims, weekly measurement to value the persons that had filed for unemployment insurance, rise is expected from 401K on the last week to 407K now.

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EUR/USD Sep. 9 – Settling Above Critical Support After Trichet’s Blow

Yohay — Fri, 09 Sep 2011 07:10:52 +0000

Euro dollar is settling in an area last seen two months ago, after Trichet’s blow. Things are getting worse for Greece and as long as news from the US are stable, the pair has a chance of taking a deeper fall to a 6 month low. How will it end the week?

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

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EUR/USD Aug 10 – Moving Higher on Low US Rates

Yohay — Wed, 10 Aug 2011 10:49:40 +0000

Euro dollar is moving up and attempting to settle in a high range after Ben Bernanke pledged to leave rates unchanged until mid 2013. Also the ongoing ECB intervention in Spanish and Italian yields is helping. Will it break to higher ground, or is this temporary?

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

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Forex Daily Outlook – July 12 2011

anat — Mon, 11 Jul 2011 21:00:50 +0000

FOMC Meeting Minutes in the US and CPI in the UK are the main events lined up. Let’s see what awaits us today.

In the US, Trade Balance, report to value the Change on imported and exported services and goods on the passing month, a small decrease is expected from -43.7 billion on June to -44.1 billion this month.

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EUR/USD June 10 – Resumes Falls On Greek Deadlock, Core Weakness

Yohay — Fri, 10 Jun 2011 06:43:14 +0000

Euro dollar continues its downfall many hours after Trichet’s press conference.The split in Europe around a solution for Greece is just huge and time is running out. In the meantime, signs of a slowdown come from Germany and France. How will the week end? Here’s a quick update on technicals, fundamentals and what’s going on in the markets.

EUR/USD Technicals

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EUR/USD May 11 – Settling on Higher, Fragile Ground on Greek Hopes

Yohay — Wed, 11 May 2011 07:42:56 +0000

EUR/USD shifted to a higher range as another temporary solution for Greece cheers the markets. Will this hope last or will it be countered by dollar strength? The gains seem quite fragile. Here’s a quick update on technicals, fundamentals and what’s going on in the markets.

EUR/USD Technicals

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EUR/USD Outlook May 9-13

Yohay — Sun, 08 May 2011 18:54:29 +0000

Trouble loved the Euro in the past week, with all the factors playing against it. After losing around 500 pips, it is now facing more updates from the ECB and important GDP figures among other indicators. Here’s an outlook for the events moving the Euro, and an updated technical analysis for EUR/USD, that lost the uptrend channel.

Trichet’s dovish stance about inflation and his wish for a strong dollar were the initial blow. Trichet also started a fall in commodities, which also weakened the Euro. And then, the Greek restructuring talks unexpectedly accelerated, just before the markets closed, sending the pair very low. News about Greece will continue during the weekend and throughout the week. Let’s start:

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