Post Tagged with: "German Trade Balance"
EUR/USD Feb 8 – Bouncing from High Resistance on Slow Greek Progress
Euro dollar bounced off high resistance after the break higher yesterday. Political leaders in Greece made significant steps forward, and also the ECB may be willing to indirectly accept losses on Greek bonds, lowering the debt load on the Hellenic Republic. It seems that Germany counters this concession with a new idea to postpone the lion’s
EUR/USD Outlook January 9-13 2012
Euro/dollar dropped sharply as fears around banks and sovereigns intensified in the euro year. Where will it stop? The highlight of this week is the rate decision by the ECB. Here is an outlook for the upcoming events, and an updated technical analysis for EUR/USD. Troubles in Unicredit, rumors about issues at Deutsche Bank and the
EUR/USD Dec. 9 – Leaning Lower As Summit Failure Digested
Euro dollar is leaning lower once again as details emerge from the EU Summit. Apart of having Britain left out of treaty changes, the small size of the permanent bailout mechanism and the lack of addressing the current situation weighs on the markets: This joins Draghi’s drag. Italian yields are up. We have a few important
Forex Daily Outlook – April 8 2011
Very interesting day in Canada: Unemployment Rate, Housing Starts and more. Let’s see what awaits us today. In the US, Wholesale Inventories, total value of goods held in inventory by wholesalers is about to rise by 0.1%. Signal of future business spending because companies are more likely to purchase goods once they have depleted inventories
Forex Daily Outlook – February 9 2010
Fed Chairman Bernanke Testifies in Washington DC & Trade Balance in the UK are only some of today’s highlights. Let’s see what awaits us. In the US, Federal Reserve Chairman Ben Bernanke, due to testify on the economic outlook and monetary and fiscal policy before the House Budget Committee, in Washington DC. As head of
Forex Daily Outlook – November 8 2010
President James Bullard & Governor Kevin Warsh due to deliver speeches in the US, German Industrial Production in Europe are only some of the highlights to start the week .Let’s see what awaits us today. In the US, Federal Reserve Bank of St Louis President James Bullard due to speak about the possibility of a Japanese
Forex Daily Outlook – August 9 2010
We start the week with interesting news in Australia Home Loans, In Europe German Trade Balance, in Japan the Economy Watchers Sentiment and more. Let’s see what awaits us today. In Australia, Home Loans decreases by 0.2%, the monthly a leading indicator of demand in the housing market, that measurers the change in the number
Forex Daily Outlook – June 8 2010
US Federal Reserve Bank of Kansas President Thomas Hoenig delivers a speech in Kansas City, Federal Reserve Governor Elizabeth Duke speaks in Hollywood, US IBD/TIPP Economic Optimism and Canada’s Housing Starts are among today’s major activities. In the US, Federal Reserve Bank of Kansas President Thomas Hoenig delivers a speech titled “Farming, Finance and the
Forex Daily Outlook – May 10 2010
As Britain faces a hung parliament the Bank of England interest rate decision is of major importance; the decision to maintain the interest rate continues to support the real economy, let’s see what other influential events await us today. In Canada, Housing Starts, Released monthly, is expected to remain the same as in previous month
Forex Daily Analysis – January 8th 2009
Big day today in the Forex market: The BOE will publish new interest rates in Britain, Ivey PMI in Canada, Unemployment Claims in the US, and many important speeches. Oil prices fell yesterday to$42.23 after the Crude Oil Inventories rose to 6.7M, much higher than expected. This large storage of oil eases oil prices, and weakens