Post Tagged with: "Housing Starts"
EUR/USD Sep. 20- Recovering in Range From Italian Downgrade
Euro dollar managed to recover from the downgrade of Italy by S&P and is trading higher within the range, that is becoming more clear. Hopes for a resolution between the “troika” and Greece help the euro, while other worrying news from Germany and France is currently on the sidelines. We have some important data from the
Forex Daily Outlook – September 20 2011
US Building Permits and the Euro-Zone German ZEW Economic Sentiment are the most important events today. Here are the main events lined up. In the US, Building Permits, excellent indicator for the upcoming construction activity, measures monthly permits issued for the new residential houses, stabilize on 0.60M. Meanwhile on the Housing Starts (new housing
Forex Daily Outlook – September 14 2011
Retail Sales in the US and Claimant Count Change in the UK are the main events today. Here is an outlook on the market-movers awaiting us In the US, Producer Price Index (PPI), leading monthly report to value the producer’s prices for finished goods and services, reduce from 0.2% on August to -0.1% this month
AUD/USD Outlook – September 12-16
The Aussie finished a very busy week lower. Will it break lower and follow other currencies? Or remain in range? The upcoming week also provides quite a few events. Here is an outlook for these events, and an updated technical analysis for AUD/USD. The Aussie enjoyed an excellent GDP report: the economy in Australia grew
Forex Daily Outlook – September 9 2011
Canadian Employment data and the G7 meeting are the major events this day. Here is an outlook on the market-movers awaiting us. In the US, Wholesale Inventories. The value of merchandise inventory increased less than predicted in June rising 0.6% after an increase of 1.7% in the previous month. A rise of 0.8% is expected
USD/CAD Outlook – September 5-9
The Canadian dollar followed the US weakness and retreated. A busy week is a head with the rate decision, employment figures, housing data and Ivey PMI. Here’s an outlook for the Canadian events, and an updated technical analysis for the Canadian dollar. Last week Canadian domestic growth rate has rebounded in June after 0.3% drop in the previous month. This
USD/JPY Outlook – Aug 29-Sep 2
Dollar/yen finally broke out, but it retreated quite fast. Household spending, Retail sales and industrial production are the highlights of this week. Here’s an outlook for the Japanese events and an updated technical analysis for USD/JPY. Last week Tokyo Core CPI dropped 0.2% more than the 0.1% decrease predicted while the national CPI increased by 0.1% contrary to predictions of 0.1%
EUR/USD Aug 16 – Sliding Back on German Slowdown
Euro dollar slid down from the high range as the German economy almost came to a halt. Expectations are high from today’s summit between Merkel and Sarkozy. Will euro-bonds be announced? Probably not. Here’s a quick update on technicals, fundamentals and what’s going on in the markets. EUR/USD Technicals Asian session: A quiet session saw the
Forex Daily Outlook – August 16 2011
Building Permits in the US and German Prelim GDP in Europe are the main events lined up. Let’s see what awaits us today. In the US, Building Permit, main measurement to value the ת Annualized number of new residential construction permits that were issued on the previous month, 0.61M is predicted, similar to 0.62M on
USD/CAD Outlook – August 8-12
The Canadian dollar suffered significant losses against the greenback in the past week. Housing starts and Trade balance are the highlight of this week. Here’s an outlook for the Canadian events, and an updated technical analysis for USD/CAD. Update, Monday, 23:00 GMT: The Canadian dollar is retreating, also suffering from the plunge in oil. USD/CAD Parity is