Post Tagged with: "Final GDP"
EUR/USD Jan. 11 – Well Balanced. For Now.
Euro dollar is trading in narrower ranges as Germany prepares for another bond auction. With a light calendar, it seems that the markets are waiting for tomorrow’s rate decision. The one thing that can break the current calm is Greece. The debt struck country is getting closer to an outright hard default. Here’s an update on
Forex Daily Outlook January 11 2012
FOMC Member Lockhart Speaks in the US and Trade Balance In the UK are the main events today. Here is an outlook on the market-movers awaiting us In the US, Dennis Lockhart, Federal Reserve Bank of Atlanta President is due to lecture in Atlanta. More in the US, Beige Book, scheduled 8 times per year
EUR/USD Outlook January 9-13 2012
Euro/dollar dropped sharply as fears around banks and sovereigns intensified in the euro year. Where will it stop? The highlight of this week is the rate decision by the ECB. Here is an outlook for the upcoming events, and an updated technical analysis for EUR/USD. Troubles in Unicredit, rumors about issues at Deutsche Bank and the
British GDP Revised to the Upside, But Current Account Disappoints
The economy in the UK grew by 0.6% in Q3 according to the final publications. This is a surprise and an upwards revision from 0.5%. This upwards revision came on top of a downwards revision for Q2: the economy didn’t grow at all, contrary to a rise of 0.1% reported in the “final” release. Nothing
EUR/USD Dec. 22 – Rising in Range on Thin Air
Euro dollar is making another attempt to move higher, after a breakout yesterday proved to be temporary. Yesterday’s huge indirect QE operation by the ECB is still digested as volume gets thinner before the holiday season. The highly anticipated French downgrade didn’t happen yet. Is S&P waiting for even thinner volume? Today we have important US
Forex Daily Outlook December 22 2011
Unemployment Claims in the US and Current Account in the UK are the major market-movers. Let see what awaits us today. In the US, Unemployment Claim, weekly report to measure who filed for the first time for unemployment cover, is due to rise by 10K from 366K up to 376K Later in the US, Revised
GBP/USD Outlook December 19-23
The British pound lost ground against the surging US dollar, but managed to recover somewhat, losing about 100 pips over the course of the week. The upcoming week is quite busy with seven important indicators being released. Highlights include GDP and current account. Here is an outlook for the upcoming events, and an updated technical analysis for GBP/USD.
Forex Daily Outlook December 8 2011
Rate decisions in the UK and in the euro-zone are the major market-movers as tension mounts towards the EU Summit. Let see what awaits us today. In the US, Unemployment Claims, value the number the unemployed that asked for insurance on the past month, about to reduce down to 397K from 402K in November. More
USD/JPY Outlook December 5-9
Dollar/yen edged up for a second week in a row. Core Machinery Orders and final GDP are the highlight of this week. Here’s an outlook for the Japanese events and an updated technical analysis for USD/JPY. Last week some encouraging figures were released with a 1.9% gain in Retail sales above the 0.7% increase expected and 2.4% gain in Prelim
EUR/USD Nov. 24 – Limited Recovery in the Day After the German Auction
Euro dollar is now recovering in lower range after the breakdown. The failed German bond auction has shown that Germany is not to the debt crisis, also in the bond market. Up to now, some of the money that fled out of the periphery found its way to Germany. When this money moves elsewhere, the euro