Post Tagged with: "IFO Business Climate"
Forex Daily Outlook – August 24 2011
Core Durable oods Orders and German Ifo Business Climate are the main events today. Here is an outlook on the market-movers awaiting us. In the US, Durable Goods Orders, monthly report to value the new manufacturer’s orders for durable goods, a rise to 2.1% from 19% on July is expected. Meanwhile on the Core Durable
EUR/USD Outlook – August 22-26
Euro/dollar had another volatile week, in which hopes switched to growing fear about the banks. The upcoming week consists of many important surveys. Here is an outlook for the upcoming events, and an updated technical analysis for EUR/USD. Merkel and Sarkozy didn’t provide the eurobonds that many had wished for. Nevertheless, the euro enjoyed the
Have the madmen taken over?
Politicians are taking it to the wire in terms of negotiating a budget deal to allow the debt ceiling to be raised. With the deadline now just eight days away, the outline of a deal really needs to be agreed today for it to stand a realistic chance of being passed into law by the
EUR/USD Outlook – July 18-22
Euro/dollar had another roller coaster week, testing deeper waters. Apart from the ongoing debt crisis, there are quite a few indicators this week. Here is an outlook for these events, and an updated technical analysis for EUR/USD. After junking Portugal and Ireland, Spain and Italy may face credit rating downgrades as well. A default in
Even more risk leaves the table
The combination of Europe’s sovereign debt crisis and growing global recovery concerns has weighed further on risk appetite over recent days. Overnight, the EUR fell to near 1.41, not helped by comments from a Greek deputy who claimed that parts of the austerity package may not pass when Parliament votes over the next couple of
EUR/USD June 24 – Now Dropping in Extremely Choppy Trading
Euro dollar is now falling after Italian banks were warned by Moody’s and as doubts float about passing the austerity measures. This reverses earlier gains that came on strong business climate. We still have important events ahead. Here’s a quick update on technicals, fundamentals and what’s going on in the markets. EUR/USD Technicals Asian session:
Forex Daily Outlook – June 24 2011
Durable Goods Orders in the USA and Mervyn King; speech in London are the major events this day. Here is an outlook on the market-movers awaiting us. In the US, Durable Goods Orders measures the manufacturers’ orders price of durable goods, a droop to -3.6% was noted on May and this time it should gain
EUR/USD Outlook – June 20-24
Euro to dollar underwent a significant beating this week, due to the escalation of the Greek crisis but managed to recover on fresh hopes The upcoming week is packed with indicators and ends with the critical European summit. Here’s an outlook for the European events, and an updated technical analysis for EUR/USD, now on lower
EUR/USD May 24 – Fails to Hold on to Gains
EUR/USD fought its way up, riding on positive numbers from Germany, but couldn’t hold on to the gains and is still far from resistance and from last week’s level. Today, US figures joins in. Where will it go? Here’s a quick update on technicals, fundamentals and what’s going on in the markets. EUR/USD Technicals Asian
EUR/USD Jumps on Positive Business Climate
The all-important German IFO Business Climate remained unchanged at 114.2. Early expectations stood on a slide to 113.7 points. EUR/USD is reacting with a rise. Also the other figures released by IFO came out better than expected. Update. EUR/USD jumped from 1.4060 to 1.4088, around the high levels seen yesterday. The move continues. The IFO