Post Tagged with: "HIA New Home Sales"
Forex Weekly Outlook – July 27-31 2009
The last week of July begins slowly but ends with a bang: American GDP for the first quarter. Also note Durable Goods Orders, a rate decision in New Zealand and GDP in Canada. Let’s see what’s up for the last week of July, and also the last week before the NFA ruling is here
Forex Daily Outlook – April 29th 2009
Big day in forex trading today, when Advance GDP and the new FOMC Statement are published. There are more economic indicators, and there’s the swine flu still influencing the market. Advance GDP in the US is currently expected to show a contraction of 4.8% in the first quarter of 2009. This will be better than
AUD/USD New Resistance Line Formed
AUD/USD fails to extend its gains despite good economic indicators and strong momentum. A new resistance line has been formed, and might be tested later this week. Last week, the Aussie settled above the 0.70 line. There was no technical resistance there – just psychological. After a short struggle, AUD/USD traded nicely above this line,
Forex Daily Outlook – March 30th 2009
The forex market will be moved mostly by speeches around the globe. Important figures include Japanese Prelim Industrial Production and European Consumer Confidence. Let’s see what’s on the menu… New Zealand starts the forex week very early, with the monthly Building Consents. They previously fell by 13.1% – very bad. A further decline could stop the
Forex Daily Analysis – February 2nd 2009
Trading in the Forex market began with renewed strength of the USD dollar, with an especially noticeable gain against the NZD. Today, the ISM Manufacturing PMI will be in the focus. Only the Japanese Yen doesn’t budge. USD/JPY now at 89.60. Dollar Yen correlation seems strong this morning. Ok, let’s see what is else is due:
Forex Daily Analysis – January 7th 2009
The peak of the day is the ADP Non-Farm Employment Change in the USA, building up expectations for the Non Farm PAyrolls on Friday. Important economic data begins early on Wednesday: In Austtralia, the monthly Retail Sales Trend is expected to show stability, at 0.1%. Also the HIA New Home Sales is a good indicator of the
Forex Weekly Outlook – January 5-9 2008
Finally, after two weeks of holidays, we have a full trading week. And it’s expected to be very exciting! Monday begins easily, with a speech by FOMC Member Yellen. Federal Reserve Bank of San Francisco President Janet Yellen might give some direction about the money printing that the Federal Reserve plans to spend. More from the US