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Forex Daily Outlook – March 29 2011

Forex Daily Outlook – March 29 2011

CB Consumer Confidence in the US and Current Account in the UK are only a few of the highlights. Let’s see what awaits us today. In the US, The Conference Board (CB) Consumer Confidence, Survey of about 5,000 households which asks respondents to rate the relative level of current and future economic conditions including labor

GBP/USD Outlook – March 28 – Apr. 1

GBP/USD Outlook – March 28 – Apr. 1

After a week that saw a breakout and lots of choppy trading, another busy week expects cable traders. The highlights are final GDP and manufacturing PMI. Here’s an outlook for the 10 events that will rock the pound, and an updated technical analysis for GBP/USD. Another jump in inflation sent GBP/USD to levels unseen for

EUR/USD Mar. 25 – Drifting Lower

EUR/USD Mar. 25 – Drifting Lower

EUR/USD is drifting lower as the all-important EU Summit is flooding the news, with hopeful and disappointing headlines alike. How will the Euro close the week?. Here’s a quick update on technicals, fundamentals and community trends. EUR/USD Technicals Asian session:  Quiet session saw the Euro mostly unchanged above 1.4160 – the fall began afterwards.. Current

Forex Daily Outlook – March 25 2011

Forex Daily Outlook – March 25 2011

Busy day in Europe, EU Economic Summit – day II, German Ifo Business Climate and much more .Let’s see what awaits us today. In the US, Federal Reserve Bank of Minneapolis President Narayana Kocherlakota, Due to deliver a speech titled “Bubbles and Unemployment” at the International Conference on Asset Prices, Credit and Macroeconomic Policies, in

Forex Daily Outlook – March 9 2010

Forex Daily Outlook – March 9 2010

Australian Employment Data, New Zealand Rate Decision are the main events today. Here is an outlook on the events that will shape forex trading this day. In the US, Crude Oil Inventories measuring change in the number of barrels of crude oil held in inventory by commercial firms during the past week dropped 0.4M last

USD/JPY Outlook – March 7-11

USD/JPY Outlook – March 7-11

Governor Masaaki Shirakawa speech, Core Machinery Orders and Final GDP are the highlight of this week. Here is an outlook on the important events ahead and an updated technical analysis for USD/JPY. Bank of Japan board member Tadao Noda announced last week that Japan’s economy is beginning to emerge from a slowdown along with the

EUR/USD Feb. 24 – Falling After Failed Breakout Attempt

EUR/USD Feb. 24 – Falling After Failed Breakout Attempt

EUR/USD failed to settle above critical resistance and its losing ground rather fast. Will it fall more or make another breakout attempt? Here’s a quick update on technicals, fundamentals and community trends. EUR/USD Technicals Asian session:  Euro/Dollar jumped traded high in the Asian session, but couldn’t stay above 1.3760. Current range – 1.37 – 1.3760.

EUR/USD Outlook – February 21-25

EUR/USD Outlook – February 21-25

The Euro had a choppy week, moving down and then back up. The upcoming week consists of many economic surveys and inflation indicators. Here’s an outlook for the European events, and an updated technical analysis for EUR/USD. The issue of inflation is becoming more and more important – the ECB might hike the rates much

EUR/USD Outlook – January 3-7

EUR/USD Outlook – January 3-7

The Euro enjoyed the low volume between Christmas and New Years’ to improve positions, as no bad news came out of the old continent. We’re now getting back to business, with an extremely crowded calendar – no less than 13 events are due. Here’s an outlook for the events, and an updated technical analysis for

Forex Daily Outlook – December 22 2010

Crude Oil Inventories & MPC Meeting Minutes are only some of the highlights on today’s outlook .Let’s see what awaits us today. In the US, Existing Home Sales, residential buildings that were sold during the previous month, excluding new construction; is about to rise by 0.29M. sale of a home triggers a wide-reaching ripple effect