Post Tagged with: "Final Services PMI"
EUR/USD Feb 3. – Edging Higher Before the NFP
Euro dollar is ticking up above minor resistance and in a narrow range. All eyes are now on the US Non-Farm Payrolls, which hold high expectations but could disappoint. A deal in Greece is still awaited but some optimists are already moving to the pessimists camp. How will the pair end this tense week? Here’s an
Forex Daily Outlook February 3 2012
We summarize this week Unemployment Rate in the UK and Services PMI in the US are the major events this day. Here is an outlook on the market-movers awaiting us. In the US, Unemployment Rate, measures total work unemployed force (by percentage) that looking for jobs during the last month. More in the US, The
EUR/USD Outlook Jan. 30 – Feb. 3 2012
Euro/dollar had a fantastic week, rising on fresh hope for Greece and from a weaker dollar, courtesy of Ben Bernanke. The upcoming week starts with an important summit and is packed with economic indicators. Here is an outlook for the week’s events, and an updated technical analysis for EUR/USD. Bernanke’s pledge to keep interest rates at
EUR/USD Jan. 4 – Returns to Normal and Falls Sharply
Euro dollar made a big move downwards, losing the New Year optimism and refocusing on new worries from Spain and Italy. Recession seems more and more real. The pair reached the pivotal line. Will it stop here? The move higher seems indeed like short covering. The first sign for the US Non-Farm Payrolls was very positive. Here’s an
Forex Daily Outlook January 4 2012
Factory Orders in the US and Construction PMI in the UK are the main events today. Here is an outlook on the market-movers awaiting us In the US, Factory Orders, production leading indicator to value the new manufacturers’ orders over the past month, rise is expected from -0.4% up to 1.9% More in the US,
EUR/USD Outlook January 2-6 2012
Euro/dollar traded in a narrow range in the last week of 2011 but eventually extended its losses for the year. The first week of 2012 is packed with economic indicators as market participants return from their holidays. Here is an outlook for the 11 events awaiting us, and an updated technical analysis for EUR/USD. Italy had
EUR/USD Dec. 5 – Rising on Hopes for Central Bank Action
Euro dollar is moving up gradually at the wake of this critical week. There are reports about another coordinated action by the Federal Reserve, the euro-zone central banks and the IMF to inject €100 billion or more to debt struck countries. In addition, the ECB may finally be preparing the massive QE program worth €1 trillion.
Forex Daily Outlook December 5 2011
We start the week with some interesting events like ISM Non-Manufacturing PMI in the US and Services PMI in the UK as the main highlight on today’s outlook. Let’s see what awaits us today. In the US, The Institute for Supply Management (ISM) Non-Manufacturing Purchasing Managers’ Index (PMI); Monthly Survey to value the business conditions
EUR/USD Outlook December 5-9
Euro/dollar enjoyed the new hope for a big plan to resolve the crisis. The upcoming week is very busy, and consists of a rate decision and yet another European Summit. Will this one be different? Here is an outlook for the upcoming events, and an updated technical analysis for EUR/USD, now on higher ground. 6 central
EUR/USD Nov. 4 – Calm Between Storms
Euro dollar is trading in a narrow range under important resistance, which it is trying to break, but very cautiously. The confidence vote in Greece and the Non-Farm Payrolls are awaited and will provide a strong ending to a very tense week. Will the pair manage to recover? Or is a downfall coming? Here’s a quick