Post Tagged with: "Foreign Securities Purchases"
Forex Daily Outlook January 17 2012
CPI in the UK and ZEW Economic Sentiment in Europe are the main events lined up. Let’s see what awaits us today. In the US, Empire State Manufacturing Index, monthly survey to value the general business conditions, rise is predicted from 9.5 points on December up to 10.7 now. In Canada, Bank of Canada (BOC)
USD/CAD Outlook January 16-20
The loonie enjoyed some gains against the greenback, but these eventually met a wall. The rate decision and inflation data are the main events this week. Here’s an outlook for the Canadian events and an updated technical analysis for USD/CAD. Last week, positive housing data with new housing starts increasing unexpectedly to 200,200 units in December from 186,000 inthe
Forex Daily Outlook December 16 2011
We summarize this week CPI in the US as the major event of the day. Here is an outlook on the market-movers awaiting us. In the US, Consumer Price Index (CPI), measures some goods and services average prices, about to rise up from November by 0.2% to 0.1% this time. And similar rise is expected
USD/CAD Outlook December 12-16
The Canadian dollar kept its balance against the greenback. How will Mid-east tensions move the pair? Leading Index and Foreign Securities Purchases are the major events this week. Here’s an outlook for the Canadian events and an updated technical analysis for the Canadian dollar. Last week the Bank of Canada members left the interest rate unchanged at 1% confident in
Forex Daily Outlook November 17 2011
Unemployment Claims in the US and Retail Sales in the UK are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, weekly report to value the persons that filed for joblessness insurance, rise is predicted from 390K up to 396K. More in the US, Building Permits, monthly indicator of forthcoming
USD/CAD Outlook November 14-18
The Canadian dollar reversed some of its losses against the greenback in a tense week. The inflation rate is the major event this week. Here’s an outlook for the Canadian events and an updated technical analysis for USD/CAD. Last week, Canadian dollar dropped due to growing demand for U.S. currency following Italy’s bond turmoil, but this reversed. Housing starts
Forex Daily Outlook – October 17 2011
We start the week with Empire State Manufacturing Index in the US and BOC Business Outlook Survey in Canada as the main highlight on today’s outlook. Let’s see what awaits us today. In the US, Charles Evans, Federal Reserve Bank of Chicago President, is due to lecture in Detroit. Later in the US, Empire State
USD/CAD Outlook – October 17-21
The Canadian dollar enjoyed a superb week, with USD/CAD closing much lower and getting closer to parity. BOC Business Outlook Survey and inflation data are the major event this week. Here’s an outlook for the Canadian events and an updated technical analysis for the Canadian dollar. Last week a positive week for the Canadian economy with a better than expected
Forex Daily Outlook – September 16 2011
We end this week with TIC Long-Term Purchases in the US and ECOFIN Meetings in Europe as the major events this day. Here is an outlook on the market-movers awaiting us. In the US, Prelim University of Michigan (UoM) Consumer Sentiment, Survey (around 500 consumers) to value the present and upcoming financial conditions, expected to
USD/CAD Outlook – September 12-16
The Canadian dollar couldn’t resist the global worries and ended with the weakest close against the dollar since the beginning of the year. Production data and Foreign Securities Purchases are the highlight of this week. Here’s an outlook for the Canadian events, and an updated technical analysis for USD/CAD. The Canadian job market surprisingly lost 5500 jobs in