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Forex Daily Outlook – April 5 2011

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

AUD/USD Outlook April 4-8

AUD/USD Outlook April 4-8

The Aussie seems unstoppable, moving in one direction only – up. Will this trend continue or will it take a break? The Aussie now faces important tests – a rate decision and employment figures. Here’s an outlook for the Australian events, and an updated technical analysis for AUD/USD. The Aussie showed its strength with the

Forex Daily Outlook – March 8 2011

Forex Daily Outlook – March 8 2011

Very interesting day ahead of us, Housing Starts in Canada, Buba President Weber Speaks in Europe and much more. Let’s see what awaits us today. In Canada, Housing Starts, Annualized number of new residential buildings that began construction during the previous month; is about to rise by 4K. Leading indicator of economic health because building

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 14 2011

Forex Daily Outlook – February 14 2011

We start the week with Mortgage Delinquencies In the US and ECB President Jean-Claude Trichet deliver a speech in Liege .Let’s see what awaits us today. In the US, Mortgage Delinquencies, Percentage of MBA-represented mortgages which were at least one payment late during the previous quarter is due to remain 9.13%. An important signal of

AUD/USD Outlook – February 14-18

AUD/USD Outlook – February 14-18

After a bad week, the Aussie is expected messages from the central bank as well as important Chinese figures that will rock it. Here’s an outlook for the Australian events, and an updated technical analysis for AUD/USD. Employment figures in Australia exceeded expectations, as it happens many times. Despite the strength of the economy, the

Forex Daily Outlook – January 11 2011

Forex Daily Outlook – January 11 2011

FOMC Member Kocherlakota Speaks in the US, Housing Starts in Canada and much more interesting news coming up .Let’s see what awaits us today. In the US, Federal Reserve Bank of Philadelphia President Charles Plosser, due to speak about the economic outlook at the Risk Management Association, in Philadelphia. Audience questions expected and can affect

AUD/USD Outlook – January 10-14

AUD/USD Outlook – January 10-14

The Aussie had a bad start to the year, losing parity. The upcoming week is very busy, with employment figures being the highlight. Here’s an outlook for the Australian events, and an updated technical analysis for AUD/USD. Floods in Queensland which will have a deep economic impact, falling commodity prices and also the strength in

AUD/USD – Falling in Range

AUD/USD – Falling in Range

AUD/USD continues to lose ground after bouncing short of parity, but is still in the same range.  Will it stabilize or continue dropping? Here’s a quick update on technicals, fundamentals and community trends

AUD/USD – Shy of Parity

AUD/USD – Shy of Parity

AUD/USD got closer to parity after the relatively hawkish rate decision, but made its way back to the previous range. Is it gathering strength for a move upwards? Here’s a quick update on technicals, fundamentals and community trends