Post Tagged with: "Housing Starts"
Forex Daily Outlook February 8 2012
In the US FOMC Member Williams Speaks and Housing Starts in Canada are the main events today. Here is an outlook on the market-movers awaiting us today. In the US, Crude Oil Inventories, the number of crude oil barrels in inventory over the last week, is about to remain 4.2M similar to the last week’s
USD/CAD Outlook February 6-10
The Canadian dollar had an excellent week, riding on good figures from the US rather than from its own data. After closing under parity, can the pair move further down? Ivey PMI and housing data are the highlight of this week. Here’s an outlook for the Canadian events and an updated technical analysis for USD/CAD. Last week,
USD/JPY Outlook Jan. 30 – Feb. 3
Dollar/yen made a sharp move higher but couldn’t break resistance eventually ended the week lower. Household Spending and Industrial Production are the major events this week. Here’s an outlook for the Japanese events and an updated technical analysis for USD/JPY. Last week The Bank of Japan maintained its interest rate at 0-0.10% and did not alter its 55 trillion yen quantitative easing program
EUR/USD Jan. 19 – Breaks Above Strong Resistance on Greek Hope, Strong Auctions
Euro dollar is currently above important resistance, as hope for some new deal in Greece, a positive comment from the ECB and further IMF help is emerging. In the debt front, Spain exceeded funding targets once again, and also France had a good auction as well. Will this be sufficient to support the break? Today is
Forex Daily Outlook January 19 2012
Unemployment Claims & Building Permits in the US are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, weekly report to value the unemployed that filed for insurance, due to reduce by 10K from the last month down to 389K. More in the US, Building Permits, It’s an outstanding monthly
Forex Daily Outlook January 10 2012
FOMC Member Williams Speaks in the Us and Building Approvals in Australia are the main events lined up. Let’s see what awaits us today. In the US, John Williams, Federal Reserve Bank of San Francisco President, is about to speak in Vancouver. More in the US, Sandra Pianalto, Federal Reserve Bank of Cleveland President, is
USD/CAD Outlook January 9-13
The Canadian dollar had a rough week, and surrendered to the greenback’s superiority. BOC Business Outlook Survey and Building Permits are the main events this week. Here’s an outlook for the Canadian events and an updated technical analysis for the Canadian dollar. Last week, Ivey PMI figures increased unexpectedly to 63.5 from 59.9 in the previous month suggesting
Forex Daily Outlook December 27 2011
CB Consumer Confidence is the main event lined up. Let’s see what awaits us today. In the US, The Conference Board (CB) Consumer Confidence, Financial confidence is a leading indicator of consumer spending Survey to value the consumer spending and rate the total financial situation, due to rise from 56.0 points on November up to
USD/JPY Outlook December 26-30
Dollar/yen ticked up for a second week in a row, but didn’t too far. Household Spending, Retail Sales and Tokyo Core CPI are the highlight of this week. Here’s an outlook for the Japanese events closing 2011 and an updated technical analysis for USD/JPY. Last week Japan’s central bank released its monetary policy statement announcing the continuation of
Forex Daily Outlook December 20 2011
US housing data and Euro-Zone business and consumer sentiment as the main highlight on today’s outlook. Let’s see what awaits us today. In the US, Building Permits the annualized amount of residential permits released in October was well beyond predictions reaching 650,000 after 590,000 in the prior month. A small drop to 630,000 is expected