Post Tagged with: "Housing Starts"
Forex Daily Outlook December 8 2011
Rate decisions in the UK and in the euro-zone are the major market-movers as tension mounts towards the EU Summit. Let see what awaits us today. In the US, Unemployment Claims, value the number the unemployed that asked for insurance on the past month, about to reduce down to 397K from 402K in November. More
USD/CAD Outlook December 5-9
The Canadian dollar managed to gain against the greenback on the European hopes. Rate decision and housing data are the main market-movers this week. Here’s an outlook for the Canadian events and an updated technical analysis for USD/CAD. Last week was less optimistic for the Canadian economy with lower than forecasted GDP figures indicating slower growth of 0.2% and disappointing
USD/JPY Outlook Nov. 28-Dec. 2
Dollar/yen is on the rise despite growing global fears. The crisis in Europe is pushing the dollar higher, and even the “safe haven” yen retreats. Retail sales and Prelim Industrial Production are the main events this week. Here’s an outlook for the Japanese events and an updated technical analysis for USD/JPY. Last week a certain setback in Japan’s ongoing recovery
US Unemployment Continues Falling – More Good Signs from the USA
Weekly jobless claims dropped to 388K. Early expectations stood on 396K. The situation continues improving very gradually. Last week’s figure was revised to the downside, from 396K to 393K. Revisions are usually to the upside with this figure, so this is definitely good news. The four week moving average is ticking down. The pace of
EUR/USD Nov. 17 – Falls as Europe is Losing its Safe Havens
Euro dollar marked the borders of a low range and is leaning lower as more bad news exacerbate the debt crisis. The euro/dollar swap sends a warning signal about an upcoming credit crunch. European banks remain starved for money and sovereign yields remain at dangerous levels. Even Germany is criticized. When will the ECB finally act? Bond
Forex Daily Outlook November 17 2011
Unemployment Claims in the US and Retail Sales in the UK are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, weekly report to value the persons that filed for joblessness insurance, rise is predicted from 390K up to 396K. More in the US, Building Permits, monthly indicator of forthcoming
Forex Daily Outlook November 8 2011
Manufacturing Production in the UK and Housing Starts in Canada are the main events lined up. Let’s see what awaits us today. In the US, Charles Plosser, Federal Reserve Bank of Philadelphia President, is about to lecture in Philadelphia More in the US, Narayana Kocherlakota, Federal Reserve Bank of Minneapolis President is due to speak
USD/CAD Outlook November 7-11
The Canadian dollar couldn’t keep up the fight as European troubles and also a jump in local unemployment weighed on it. Housing Starts and trade balance are the major events this week. Here’s an outlook for the Canadian events and an updated technical analysis for the Canadian dollar. Last week, Canadian GDP came out better than expected expanding 0.3% indicating
USD/JPY Outlook – Oct. 31-Nov. 4
Dollar/yen tested lower ground and marked a new bottom. Will the BOJ intervene? Monetary Policy Meeting Minutes and Average Cash Earnings are the major events this week. Here’s an outlook for the Japanese events and an updated technical analysis for USD/JPY. Last week trade balance deficit narrowed nicely to 0.02T following 0.27T shortage but retail sales dropped more than expected
Forex Daily Outlook – October 19 2011
Building Permits in the US and MPC Meeting Minutes in the UK are the main events today. Here is an outlook on the market-movers awaiting us In the US, Consumer Price Index (CPI), value the price of various goods and services on the last month, due to drop down by 0.1% to 0.3%. Meanwhile the