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Forex Daily Outlook January 24 2012

Forex Daily Outlook January 24 2012

BOE Gov King Speaks in the UK and Core Retail Sales in Canada  are the main events lined up.  Let’s see what awaits us today. In the US, Richmond Manufacturing Index, Manufacturer’s Monthly Survey to rate business conditions such as shipments, new orders etc., rise that shows condition improvements by 3 points up to 6

EUR/USD Outlook January 23-27

EUR/USD Outlook January 23-27

Euro/dollar had a very positive week, riding on new hope for the old continent. Is this a desired correction, or a change in trend?The euro-zone will now receive fresh growth indicators, an important survey and other events. Here is an outlook for the upcoming events, and an updated technical analysis for EUR/USD. After talks about the

Forex Daily Outlook January 5 2012

Forex Daily Outlook January 5 2012

ADP Non-Farm Employment Change in the US and Ivey PMI in Canada are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, weekly report that is important for monetary health, value new unemployment insurances over the last week, decrement is due from 381K down to 375K now. More in the

EUR/USD Outlook January 2-6 2012

EUR/USD Outlook January 2-6 2012

Euro/dollar traded in a narrow range in the last week of 2011 but eventually extended its losses for the year. The first week of 2012 is packed with economic indicators as market participants return from their holidays. Here is an outlook for the 11 events awaiting us, and an updated technical analysis for EUR/USD. Italy had

EUR/USD Nov. 23 – Falling to Lower Range on Higher Yields, Dexia and China

EUR/USD Nov. 23 – Falling to Lower Range on Higher Yields, Dexia and China

Euro dollar fell to the lower end of the range after worries about global growth came from China: manufacturing returned to contraction zone. In addition, there are complications in the breakup of Dexia – the first European bank to fall due to the debt crisis. European bond yields remain at scary levels. A very busy day

Forex Daily Outlook November 23 2011

Forex Daily Outlook November 23 2011

Unemployment Claims 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, Unemployment Claims, weekly indicator to value the individuals who filed for number of unemployment insurance submissions on the past week, rise of 1K is expected up

EUR/USD Outlook November 21-25

EUR/USD Outlook November 21-25

Euro/dollar continued lower in a week that saw continued pressure in bond markets and a growing need for serious ECB intervention. The upcoming week consists of 7 events. Here is an outlook for these events, and an updated technical analysis for EUR/USD, now in lower ground. Fresh GDP figures have shown that the recession hasn’t arrived

EUR/USD Oct. 24 – Edges Up on Summit Hopes, Remains Vulnerable

EUR/USD Oct. 24 – Edges Up on Summit Hopes, Remains Vulnerable

Euro dollar managed to overcome a Sunday gap and is now moving higher, helped by strong Chinese data and by hopes. The first EU Summit made some progress but failed to reach a comprehensive agreement. There are still high hopes for Wednesday’s summit. The calendar is busy for a Monday. French Flash Services PMI disappointed and

Forex Daily Outlook – October 24 2011

Forex Daily Outlook – October 24 2011

Mo – We start the week with Flash Manufacturing PMI in Europe and MPC Member Tucker speech in the UK as the main highlight on today’s outlook. Let’s see what awaits us today. In the US, William Dudley, Federal Reserve Bank of New York President, is due to deliver a speech in Bronx. In Europe,

EUR/USD Outlook – October 24-28

EUR/USD Outlook – October 24-28

Euro/dollar lost a lot of ground as serious doubts about European seriousness came to light. Apart from the all-important EU Summit during the weekend and the apparent follow up on Wednesday, we have quite a few important indicators, with PMI numbers in the limelight.Here is an outlook for the market moving events, and an updated technical