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EUR/USD Outlook January 2-6 2012

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

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 – March 31 2011

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 1 2011

Forex Daily Outlook – March 1 2011

Fed Chairman Bernanke Testifies in the US, Inflation Report Hearings in the UK and much more on today’s outlook. 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 Senate Banking Committee, in Washington DC. As head of the central

Forex Daily Outlook – February 1 2011

Forex Daily Outlook – February 1 2011

Very interesting events coming up today, Halifax & Nationwide HPI in the UK, ISM Manufacturing PMI in the US and much more .Let’s see what awaits us today. In the US, The Institute for Supply Management (ISM), Manufacturing Purchasing Managers’ Index (PMI); Survey of about 400 purchasing managers to rate the relative level of business

Forex Daily Outlook – January 4 2011

Forex Daily Outlook – January 4 2011

FOMC Meeting Minutes in the US and Halifax HPI in the UK are only some of the exiting events that awaits us today. In the US, Federal Open Market Committee (FOMC) Meeting Minutes that is Scheduled 8 times per year is a detailed record of the FOMC’s most recent meeting, providing in-depth insights into the

Forex Daily Outlook – November 30 2010

Many important events appear on our schedule today: US CB Consumer Confidence, Ben Bernanke’s speech, Canadian GDP, ECB President Trichet’s speech and many more. Here is an outlook on the market movers this day. In the US,  CB Consumer Confidence rose more-than-expected in October to 50.2 after falling to a revised reading of 48.6 in

Forex Daily Outlook – September 30 2010

A very hectic day is expected. In the US Fed Chairman Bernanke Testifies & speaks in Washington DC; in Canada GDP; Building Approvals in Australia; NBNZ Business Confidence in New Zealand and more interesting news. Let’s see what awaits us today. In the US, Federal Reserve Chairman Ben Bernanke testifies on implementation of the Dodd-Frank

Forex Daily Outlook – August 31 2010

U.S. Consumer Confidence, U.S. FOMC Meeting Minutes and Canada’s GDP are the major events on today’s menu. Here is an outlook on the market moving events awaiting us today. In the US, Consumer Confidence Index forecasts a small increase in consumer confidence to 50.7 from 50.4 however an unexpected decline in the index would be possible

Forex Daily Outlook – July 29 2010

U.S. Unemployment Claims the early indicator of Non-Farm Payrolls is the highlight of today’s news. Let’s see what awaits us today. In the US, Unemployment Claims rose last week to 464K worse than expected a smaller rise to 457K is expected now. As an early indicator of Non-Farm Payrolls it has a major effect on