Post Tagged with: "Final Services PMI"
Forex Daily Outlook November 4 2011
We end this week with some interesting updated, Unemployment Rate in the US and Building Permits in Canada as the major events this day. Here is an outlook on the market-movers awaiting us. G20 Meetings (Day 2), the Group of Twenty (G20) is an important global policy-making figure effective at the uppermost level, which impact
EUR/USD Outlook – Oct. 31 – Nov. 4
Euro/dollar had a very exciting week around the European summits. It managed to climb back up to the previous range. Will it stay there? The upcoming week features the first rate decision by Mario Draghi, as well as other important indicators. Here is an outlook for the European events, and an up dated technical analysis for
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
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
Forex Daily Outlook – September 5 2011
We start the week with Services PMI in the UK and more. Let’s see what awaits us today. In Europe, Retail Sales, key gauge for consumer spending and affected the overall economic activity; about to reduce from 0.7% on August to 0.1% now. More in Europe, Final Services Purchasing Managers’ Index (PMI), due to remain
EUR/USD Outlook – September 5-9 2011
Euro/dollar couldn’t break out of range and it ended the week 300 pips lower. Will it climb back within range or break lower? The upcoming week is very busy and consists of the rate decision among other events. Here is an outlook for these events, and an updated technical analysis for EUR/USD. The now quarterly
EUR/USD Outlook – August 1-5
Euro to dollar is struggling together with the Spanish and Italian bonds. The hangover from the European summit continues. The upcoming week consists of many events, with Trichet’s post-rate press conference being the highlight. Will we see a softer stance on inflation? Here is an outlook for the events that will rock the euro, and an updated
EUR/USD Aug 3 – Breaking Higher on Rising Retail Sales, Swiss Weakness
Euro dollar managed to break resistance, after two failed attempts. European retail sales rose by 0.9%, better than 0.5% that was expected. The Swiss move to curb the strength of the franc, also against the euro also pushes EUR/USD higher. Also a “ceasefire” from the bond vigilantes helps. It bounced off a higher resistance line. Is
Forex Daily Outlook – August 3 2011
ADP Non-Farm Employment Change in the US and Services PMI 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 (excluding b small industry and government), about to reduce from 157K to 102K is expected this time.