Post Tagged with: "Halifax HPI"
GBP/USD Outlook May 30 – June 3
The pound managed to make its way up, riding on the greenback’s weakness. The upcoming week consists of key PMI figures. Is the economy still slowing? Here’s an outlook for the major market movers and an updated technical analysis for GBP/USD. Q1 growth was confirmed at 0.5%, but the overall picture is still worrying. Realized
GBP/USD Outlook May 9-13
Too many negative signs for the British economy sent the pound down. We’re now expecting more important figures, with Mervyn King’s inflation report expected to rock the currency. Will King pound the pound and lower growth forecasts? Here’s an outlook for the British events,and an updated technical analysis for GBP/USD, now on lower ground. All
GBP/USD Outlook for May 2-6
The British pound enjoyed the greenback’s weakness for further gains. This week, the pound will be tested at home. No less than 12 events are expected now, including key PMI figures as well as the rate decision. Here’s an outlook for these events and an updated technical analysis for GBP/USD. The main downer of the
Forex Daily Outlook – April 5 2011
Very busy day with FOMC Meeting Minutes in the US, Services PMI in the UK and much more. Let’s see what awaits us today. In the US, The Institute for Supply Management (ISM) Non-Manufacturing Purchasing Managers’ Index (PMI); Survey of about 400 purchasing managers to rate the relative level of business conditions. Indicates industry expansion
GBP/USD Outlook April 4-8
After GBP/USD managed not to fall off the cliff, the upcoming week is very busy, with the rate decision being the highlight. Here’s an outlook for the 8 events that will rock the pound, and an updated technical analysis for GBP/USD. British contraction wasn’t as bad as expected in Q4, but not too good. Also
GBP/USD Outlook – March 28 – Apr. 1
After a week that saw a breakout and lots of choppy trading, another busy week expects cable traders. The highlights are final GDP and manufacturing PMI. Here’s an outlook for the 10 events that will rock the pound, and an updated technical analysis for GBP/USD. Another jump in inflation sent GBP/USD to levels unseen for
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,
GBP/USD Outlook – Feb. 28 – Mar. 4
After very choppy trading, the pound faces a series of important indicators in the upcoming week. Here’s an outlook for the British events and an updated technical analysis for GBP/USD. There are already three MPC members, including an internal BOE member that support rate hike. On the other hand, GDP was revised to the downside
Forex Daily Outlook – February 4 2011
We end the week with some interesting events, Unemployment Rate In the US, EU Economic Summit in Europe and more. .Let’s see what awaits us today. In the US, Unemployment Rate, unemployed and actively seeking employment during the previous month is about to rise by 0.1%. Important signal of overall economic health because consumer spending
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