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Forex Daily Outlook February 2 2012

Forex Daily Outlook February 2 2012

Unemployment Claims in US and Construction PMI in the UK are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, monthly indicator to value the unemployment insurance that was filed on the last week, is predicted to drop down from 377K to 373K this week. More in the US, Ben

AUD/USD Outlook January 30 – February 3

AUD/USD Outlook January 30 – February 3

The Australian dollar had another outstanding week against the greenback, climbing almost 200 points. The upcoming week is extremely busy, with nine indicators being released. Here is an outlook for the Australian events, and an updated technical analysis for AUD/USD. The US dollar weakened against most major currencies following Bernanke’s announcement that  interest rates will likely remain near zero until late 2014. However,

Forex Daily Outlook January 9 2012

Forex Daily Outlook January 9 2012

We start the week with some interesting events like FOMC Member Lockhart Speaks  in the US and BOC Business Outlook Survey  in Canada as the main highlight on today’s outlook. Let’s see what awaits us today. In the US, Dennis Lockhart, Federal Reserve Bank of Atlanta President, is about to speak in Atlanta. More in

AUD/USD Outlook January 9-13

AUD/USD Outlook January 9-13

The Australian dollar showed upward movement against the dollar to begin the year, climbing close to the 1.04 level, before retreating to end the week with almost no change. The upcoming week is busy, with five indicators being released. Here is an outlook for the Australian events, and an updated technical analysis for AUD/USD. Updates: The Australian

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

AUD/USD Outlook – Oct. 31 – Nov. 4

AUD/USD Outlook – Oct. 31 – Nov. 4

The Aussie had another volatile week that provided quite a few opportunities and it eventually ended it on higher ground. The upcoming week is very busy, with the rate decision being the highlight of 12 events. Here’s an outlook for these events, and an updated technical analysis for AUD/USD. The moderate rise in prices leaves room for

AUD/USD Outlook – September 26-30

AUD/USD Outlook – September 26-30

The Aussie had a horrible reaching levels last seen in 2010. The upcoming week is relatively light in indicators, but this doesn’t mean it will be light with movements. Here is an outlook for the events awaiting us, and an updated technical analysis for AUD/USD, now in much lower ground. The big blow for the Aussie came

AUD/USD Outlook – Aug. 29 – Sep. 2

AUD/USD Outlook – Aug. 29 – Sep. 2

The Aussie managed to close the week higher, but it is still capped by resistance. The upcoming week is very busy, with no less than 8 indicators awaiting us. Here is an outlook for these events and an updated technical analysis for AUD/USD. The assumption about no new QE in the US hurt the Aussie,

AUD/USD Outlook – August 1-5

AUD/USD Outlook – August 1-5

After breaking to new ground, Aussie traders expect a very busy week. Among the 12 events, the rate decision draws the most attention. Here is an outlook for the Australian events, and an updated technical analysis for AUD/USD. The main drivers of the Australian dollar were fresh quarterly inflation figures. Rising prices mean that rates

Forex Daily Outlook – August 1 2011

Forex Daily Outlook – August 1 2011

ISM Manufacturing PMI in the US and Manufacturing PMI in the UK are the main highlight on today’s outlook. Let’s see what awaits us today. In the US, The Institute for Supply Management (ISM) Manufacturing Purchasing Managers’ Index (PMI), Survey (around 400 managers) to value the business conditions over the passing month, about to reduce