Post Tagged with: "German Retail Sales"
EUR/USD Jan. 31 – Rising in Channel While Ignoring Greece and Weak Data
Euro dollar continues it’s near perfect channel trading and moves higher. The EU Summit failed to produce any news regarding the burning issues of Greece and weak figures from Germany and France. The Greek PSI deal is forever “close” as Portugal continues signs of following the Hellenic Republic. End-of-month moves also make the market more choppy.
Forex Daily Outlook January 31 2012
US CB Consumer Confidence and Canadian GDP are the major events today. Here is an outlook on the market-movers awaiting us In the US, CB Consumer Confidence increased more than predicted to 64.5 in December from 55.2 in November indicating an elevated confidence among households. A further improvement to 68.2 is expected now. More in
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 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
Forex Daily Outlook November 30 2011
US ADP Non-Farm Employment Change and US Pending Home Sales 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, measures the number of employed people over the last month (without government & farming industry), rise is expected from 110K
Forex Daily Outlook – September 30 2011
Chicago PMI in the US and GDP in Canada are the major events this day. Here is an outlook on the market-movers awaiting us. In the US, Revised University of Michigan (UoM) Consumer Sentiment, monthly survey about to rise from 57.8 points to 57.9 points. Meanwhile the Revised UoM Inflation Expectations is expected 3.7% with
Forex Daily Outlook – April 29 2011
Canadian GDP and Bernank’s speech are the main market-movers today. Let’s review the events at hand. In the US, Ben Bernanke is scheduled to speak in Arlington at the Federal Reserve Community Affairs Research conference. His words influence the market
Forex Daily Outlook – March 31 2011
Unemployment Claims in the US and GDP in Canada are only a few of today’s exciting events. Let’s see what awaits us today. In the US, Unemployment Claims, individuals who filed for unemployment insurance for the first time during the past week is about to droop down by 3K. Consumer spending is highly correlated with
Forex Daily Outlook – March 2 2011
Fed Chairman Bernanke continues to testify in Washington DC, ADP Non-Farm Payrolls will provide a hint towards the NFP and much more important events are due. Let’s see what awaits us today. In the US, Federal Reserve Chairman Ben Bernanke, due to testify on the semi-annual monetary policy report before the House Financial Services Committee,
Forex Daily Outlook – January 31 2011
A very busy week ahead us Chicago PMI in the US, Nationwide HPI in the UK, GDP in Canada and much more. .Let’s see what awaits us today. In the US, Chicago Purchasing Managers’ Index (PMI), Survey of purchasing managers in Chicago to rate the relative level of business conditions, indicates expansion with 65.5 points