Post Tagged with: "IFO Business Climate"
Forex Daily Outlook January 25 2012
FOMC Statement 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 World Economic Forum (WEF) Annual Meetings – Day 1, this time is held in Davos for Bankers, Political, trade & finance Ministers and Commercial leaders from around 90 countries.
German IFO Business Climate Exceeds Expectations – EUR/USD Challenges Resistance
The highly regarded German IFO Business Climate provided a rather rare positive surprise: it rose 0.2 points to 106.6 points. Expectations stood on a drop to 105.3. EUR/USD is climbing above the 1.3380 line and reaches 1.3392. Significant resistance is at 1.3420. Surprises were also recorded in the accompanying numbers: IFO Expectations for November surprised by ticking
EUR/USD Nov. 24 – Limited Recovery in the Day After the German Auction
Euro dollar is now recovering in lower range after the breakdown. The failed German bond auction has shown that Germany is not to the debt crisis, also in the bond market. Up to now, some of the money that fled out of the periphery found its way to Germany. When this money moves elsewhere, the euro
Forex Daily Outlook November 24 2011
Revised GDP in the UK and Ifo Business Climate in Europe are the major market-movers. Let see what awaits us today. In Canada, Corporate Profits is due to stay -4.9% similar to the last quarter. For more on USD/CAD, read the Canadian dollar forecast. In Europe, German Information and Forschung (Ifo) Business Climat, measures the monthly
EUR/USD Oct. 21 – Remains in Channel as Summit Headlines Remain Confusing
Euro dollar continues to trade choppily in a smaller range within the channel. Discussions about the crisis strategy aren’t fruitful yet, and the leaders are still scrambling to get something done, perhaps for a second summit afterwards. The calendar is relatively light, but will some news about a comprehensive solution break before the week ends? Here’s
Forex Daily Outlook – October 21 2011
Public Sector Net Borrowing in the UK and CPI in Canada are the major events this day. Here is an outlook on the market-movers awaiting us. In the US, Narayana Kocherlakota, Federal Reserve Bank of Minneapolis President, is about to speak in Minneapolis. Later in the US, Janet Yellen, Federal Reserve Governor, is due to lecture
Forex Daily Outlook – September 26 2011
New week with important updates and the New Home Sales in the US is the main highlight on today’s outlook. Let’s see what awaits us today. In the US, New Home Sales, monthly indicator to value the number of new single-family households sold on the last month, slightly decrease from 298K on August to 296K
EUR/USD Outlook – September 26-30
Euro/dollar slid to a 7 month low. Greece continues to float between the next tranche of aid to the trenches. Will the fate of this debt hit country be known this week? Apart from Greece, the calendar is very busy and we will get hints on a possible rate cut by the ECB. Here is
EUR/USD Aug 24 – Defying Gravity
Euro dollar continues to trade at high ground despite new bad figures and worries about Greece. The complications concerning the Finnish demand for collateral aren’t taking their toll at the moment. Will it fall later on? Here’s a quick update on technicals, fundamentals and what’s going on in the markets. EUR/USD Technicals Asian session: Another relaxed
Weak German Ifo Business Climate Doesn’t Move EUR/USD
Euro/dollar is back were it was. It slid lower after another disappointing figure: the German Ifo Business Climate, which was expected to slide to 111.2 points, dropped to 108.7 points. This hit EUR/USD, which fell in range and then returned to the same place. Apart from the headline Business Climate, two additional figures were published: Current