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Post Tagged with: "Glenn Stevens"

Forex Daily Outlook – June 15 2011

Forex Daily Outlook – June 15 2011

CPI  in the US and Manufacturing Sales in Canada are the main events today.  Here is an outlook on the market-movers awaiting us In the US, Consumer Price Index (CPI) measuring the price of living, shows the difference between basket of goods and services with volatile components, reduced to 0.4% on May and further reduce

AUD/USD Outlook – June 13-17

AUD/USD Outlook – June 13-17

The Aussie retreated and lost gains of a few weeks. The upcoming week consists of quite a few events that can move the currency. Here is an outlook for the Australian events, and an updated technical analysis for AUD/USD, now in the lower end of the wide range. It was a busy week for Aussie

Don’t Rule Out an Australian Rate Hike

Don’t Rule Out an Australian Rate Hike

Australia’s central bank faces a tough dilemma as it needs to tackle rising inflation on the background of a soaring currency. Here’s a preview for the Australian rate decision. The Reserve Bank of Australia will release the new interest rate on Tuesday, May 3rd,  at 4:30 GMT. There is a wide market consensus that Glenn

Forex Daily Outlook – April  13 2011

Forex Daily Outlook – April 13 2011

British employment data, European industrial production and US retail sales are the highlights of a very busy day. Let’s see what’s awaiting us today. Later in the US, Beige Book, times per year, 2 weeks before each FOMC meeting and used by the FOMC to help make their next decision on interest rates. Later on

AUD/USD Outlook – April 11-15

AUD/USD Outlook – April 11-15

The Aussie continued it’s unstoppable rally into unchartered territory. Is AUD/USD overbought? The upcoming week has quite a few indicators to rock the Aussie. Here’s an outlook for the Australian events, and an updated technical analysis for AUD/USD. Australian employment figures confirmed the great economic situation in Australia – the unemployment rate is at 4.9%,

AUD/USD Forecast – March 21-25

AUD/USD Forecast – March 21-25

After partially recovering from a big fall, the Australian dollar faces a light week, but this doesn’t mean it won’t rock. Here’s an outlook for the Australian events and an updated technical analysis for AUD/USD, now under parity. The earthquake in Japan is also felt in Australia. Fears of weaker global growth have sent the

Forex Daily Outlook – March 10 2011

Forex Daily Outlook – March 10 2011

Trade Balance in the US and Canada, Official Bank Rate in the UK are some of the exiting event that await us on today’s outlook. In the US, Unemployment Claims, individuals who filed for unemployment insurance for the first time during the past week; is about to rise by 7K. This is the nation’s earliest

Forex Daily Outlook – March 9 2010

Forex Daily Outlook – March 9 2010

Australian Employment Data, New Zealand Rate Decision are the main events today. Here is an outlook on the events that will shape forex trading this day. In the US, Crude Oil Inventories measuring change in the number of barrels of crude oil held in inventory by commercial firms during the past week dropped 0.4M last

AUD/USD Outlook – March 7-11

AUD/USD Outlook – March 7-11

After we’ve seen signs of strength from the Australian economy in the past week, Aussie traders await another busy one with employment figures being the highlight. Here’s an outlook for the Australian events and an updated technical analysis for AUD/USD. The Australian economy grew at a stronger pace than expected in Q4 – 0.7%. Together

Forex Daily Outlook – February 22 2011

Forex Daily Outlook – February 22 2011

Very interesting events on today’s outlook such as CB Consumer Confidence in the US; Public Sector Net Borrowing in the UK and much more .Let’s see what awaits us today. In the US, the Conference Board (CB) Consumer Confidence, Survey of about 5,000 households to rate the relative level of current and future economic conditions,