Post Tagged with: "Industrial New Orders"
EUR/USD Dives to 7 Month Low – Approaches Critical Support
After some struggle, support at 1.35 was lost and EUR/USD is diving to levels last seen in back in February 2011. The final push came after Industrial New Orders fell more than expected, but the biggest engine for the fall is Ben Bernanke. Euro/dollar fell below the September 12th swing low of 1.3495, and the
EUR/USD Sep. 22 – Trying to Stabilize After Bernanke’s Blow
Euro dollar is settling in low ground after the big blow it got from the action and especially the inaction by the FOMC. Today’s busy calendar could open the door for more falls. Here’s a quick update on technicals, fundamentals and what’s going on in the markets. EUR/USD Technicals Asian session: Falls were slightly extended, and
Forex Daily Outlook – September 22 2011
US unemployment claims and Canadian retail sales are the major events this day. Let’s see what awaits us today. In the US, Unemployment Claims the number of Americans filing their initial unemployment claims increased more than predicted to 428,000 from 417,000 in the preceding week indicating uncertainty in the job market. A drop to 419,000
EUR/USD Outlook – September 19-23
The euro managed to recover, but didn’t get too far, as a Greek default is still on the cards. The upcoming week consists of important surveys and PMIs that will show if conditions continue to worsen. Here is an outlook for the upcoming events, and an updated technical analysis for EUR/USD. This week’s rate decision by the
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
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
Forex Daily Outlook – July 22 2011
CPI in Canada and German Ifo Business Climate in Europe are the major events this day. Here is an outlook on the market-movers awaiting us. In Canada, Consumer Price Index (CPI) an important monthly report to measure the services & goods customers price is about to reduce from 0.7% to -0.2% this time. Meanwhile Core CPI
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
Forex Daily Outlook – June 22 2011
Federal Funds Rate in the USA 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, Federal Open Market Committee Statement, a key tool to determine monetary changes according to investors voting on interest rates and additional policy measures, further by