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GBP/USD Outlook November 7-11

GBP/USD Outlook November 7-11

The British pound couldn’t escape the debt crisis in continental Europe and slid lower in an exciting week. The upcoming week is very busy, with the rate decision being the star of the show. Here is an outlook for the upcoming events and an updated technical analysis for GBP/USD. Britain enjoyed some nice growth in Q3, but

Forex Daily Outlook November 4 2011

Forex Daily Outlook November 4 2011

We end this week with some interesting updated, Unemployment Rate in the US and Building Permits in Canada as the major events this day. Here is an outlook on the market-movers awaiting us. G20 Meetings (Day 2), the Group of Twenty (G20) is an important global policy-making figure effective at the uppermost level, which impact

Forex Daily Outlook – November 1 2011

Forex Daily Outlook – November 1 2011

US ISM Manufacturing PMI and UK housing data are the main events lined up.  Let’s see what awaits us today. In the US, ISM Manufacturing PMI and important Manufacturing activity gauge, increased more than predicted to 51.6 in September after reaching 50.6 inAugust. A further rise to 52.3 is expected now. Later in the US,

GBP/USD Outlook – Oct. 31 – Nov. 4

GBP/USD Outlook – Oct. 31 – Nov. 4

The British pound shared the fate of the euro, and enjoyed a very strong ride. The upcoming week is very busy, with the first release of Q3 GDP being the highlight. Here’s an outlook for the upcoming events, and an updated technical analysis for GBP/USD. The pound also enjoyed a relatively small current account deficit. This provided

Forex Daily Outlook – October 7 2011

Forex Daily Outlook – October 7 2011

Non-Farm Employment Change in the US and Halifax HPI in the UK are the major events this day. Here is an outlook on the market-movers awaiting us.  In the US, Unemployment Rate, important monthly measurement to rate the all work force by Percentage that are looking for employment, 9.1% is forecasted similar to the previous

Forex Daily Outlook – October 5 2011

Forex Daily Outlook – October 5 2011

ADP Non-Farm Employment Change and ISM Non-Manufacturing PMI in the US as well as key releases in the UK 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, monthly indicator of Job creation and affects the consumer spending, is

Forex Daily Outlook – October 4 2011

Forex Daily Outlook – October 4 2011

Ben Bernanke’ and Jean-Claude Trichet’ speeches are the highlight of today’s events. Here is an outlook on the market-movers awaiting us. In the US, Ben Bernanke testifies at the Joint Economic Committee, in Washington DC. His words have a major impact on the market. Later in the US, Sarah Bloom Raskin FOMC member is scheduled

GBP/USD Outlook – October 3-7

GBP/USD Outlook – October 3-7

The British pound managed to correct its falls very nicely. The upcoming week will be much more challenging: the fourth quarter begins with many key indicators, and a rate decision that will be closely watched. Here is an outlook for the British events, and an updated technical analysis for GBP/USD. Britain managed to distance itself from the worsening debt

Forex Daily Outlook – September 6 2011

Forex Daily Outlook – September 6 2011

ISM Non-Manufacturing PMI in the US and Halifax HPI in the UK are the main events lined up.  Let’s see what awaits us today. In the US, ISM Non-Manufacturing Purchasing Managers’ Index (PMI); measurement of the relative level of business conditions based on a monthly survey, slightly reduced from the last month to 51.3 points

GBP/USD Outlook – September 5-9

GBP/USD Outlook – September 5-9

Continuing last week’s reversal the British pound fell further against the dollar this week.  This week is very busy, with the rate decision in the limelight. Here is an outlook for this week’s events, and an updated technical analysis for GBP/USD. Sterling lost ground as the UK reported a lower August manfacturing PMI and a