Post Tagged with: "Final GDP"
Forex Daily Outlook November 24 2011
Revised GDP in the UK and Ifo Business Climate in Europe are the major market-movers. Let see what awaits us today. In Canada, Corporate Profits is due to stay -4.9% similar to the last quarter. For more on USD/CAD, read the Canadian dollar forecast. In Europe, German Information and Forschung (Ifo) Business Climat, measures the monthly
EUR/USD Oct. 5 – Rally Finds Limits
Euro dollar is trading in a narrow range after a strong rally yesterday. The optimism about bank recapitalization and the new found Greek cash fades as economic data provides a reality check. We have important figures in the US today, data that will provide significant hints towards the Non-Farm Payrolls. Here’s a quick update on technicals, fundamentals and
Forex Daily Outlook – October 5 2011
ADP Non-Farm Employment Change and ISM Non-Manufacturing PMI in the US as well as key releases in the UK are the main events today. Here is an outlook on the market-movers awaiting us In the US, Automatic Data Processing, Inc. (ADP) Non-Farm Employment Change, monthly indicator of Job creation and affects the consumer spending, is
GBP/USD Outlook – October 3-7
The British pound managed to correct its falls very nicely. The upcoming week will be much more challenging: the fourth quarter begins with many key indicators, and a rate decision that will be closely watched. Here is an outlook for the British events, and an updated technical analysis for GBP/USD. Britain managed to distance itself from the worsening debt
EUR/USD Outlook – October 3-7
Euro/dollar enjoyed some consolidation and correction, but this was eventually lost as a Greek default remains high on the cards. Time is running out. In addition to Greece, we have a very busy week for the beginning of Q3. The highlight will be the last rate decision for Jean-Claude Trichet, in which he might reverse his
EUR/USD Sep. 29 – Continues Seeing the Bright Side of Life
Euro dollar is pushing higher once again, recapturing the broken uptrend line. Optimism about a wide approval of the new EFSF powers in Germany, a big drop in unemployment there and end of month / quarter flows aid the pair. Will we see a really big move higher? There are quite a few events today. Here’s
Forex Daily Outlook – September 29 2011
Pending Home Sales in the US and Nationwide HPI in the UK are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, weekly measurement of the persons that filed for unemployment cover, reduces from 423K on the last week to 420K this time. Later in the US, Pending Home Sales,
Forex Daily Outlook – September 8 2011
US trade balance, Ben Bernanke’s speech and US Unemployment claims are the major market-movers. Let see what awaits us today. In theUS, Trade Balance, The gap between imports and exports has widened in June reaching -53.1B from -50.8B in the previous month. The gap is expected to narrow to -50.3B this time. Ben Bernanke speaks
USD/JPY Outlook – September 5-9
Dollar/yen remained range bound. Will it make a move, now that there’s a new government in Tokyo? The rate decision and BOJ Press Conference are the main events this week. Here’s an outlook for the Japanese events and an updated technical analysis for USD/JPY. Last week readings showed improvement in household spending, Average cash earnings, total domestic currency
Forex Daily Outlook – July 6 2011
ISM Non-Manufacturing PMI in the US and Halifax HPIin the UK are the main events today. Here is an outlook on the market-movers awaiting us In the US, The Institute for Supply Management (ISM) Non-Manufacturing Purchasing Managers’ Index (PMI), monthly survey of about 400 managers to value the business, a small reduce from 54.6 points