Post Tagged with: "Industrial New Orders"
Forex Daily Outlook – August 24th 2009
The forex trading week starts slowly, with Canadian Retail Sales standing out in the summer heat. Let’s see what’s on the menu today: Australia starts the day and the week with New Motor Vehicle Sales. They rose nicely by 5.7% last time. Will it continue? For more on the Australian dollar, read the AUD/USD Outlook. In
EUR/USD Outlook – August 24-28 2009
EUR/USD managed to close the week higher, sticking to the uptrend channel. This week’s German Ifo Business Climate as well as 8 other indicators will set the direction of the Euro. Here’s an outlook for the Euro zone’s important events and an updated technical analysis for EUR/USD. EUR/USD forex chart, with the uptrend channels marked: Friday’s
Forex Weekly Outlook – August 24-28 2009
The last week of August brings revised GDP figures in the US and Britain, Durable Goods Orders and more important releases. What will be the dollar’s direction this week? Here’s the weekly outlook. The US dollar made some late gains on Friday afternoon. The Jackson Hole conference going on during the weekend, with the positive feeling
Forex Daily Outlook – June 25th 2009
After yesterday’s FOMC Statement, the markets start the day with a stronger dollar. American figures continue to dominate the scene today, with Unemployment Claims. A speech by Ben Bernanke can clarify yesterday’s cautious statement. Australia’s CB Leading Index rose by 0.7%, and last month’s fiugre was revised upwards. The Australian economy is doing better than
Forex Daily Outlook – May 26th 2009
Tuesday already features a nice bunch of indicators: CB Consumer Confidence in the US, British Nationwide HPI and lots of European figures. Let’s see what’s on the menu: Inflation Expectations start the day in New Zealand. No surprises are expected with kiwi prices. In Switzerland, UBS Consumption Indicator is an excellent gauge for the Swiss economy. It stood
Forex Weekly Outlook – May 25-29 2009
After a holiday in the US, forex trading this week will be affected by New and Existing Home Sales, Durable Goods Orders and the second release of GDP. Yup, after a horrible week for the dollar, the scene is dominated by American figures. And of course, there are many interesting figures elsewhere. Let’s see what’s on
Euro: Excellent News Bring Modest Gains. Again.
The Euro enjoyed good news from around the continent. It helped the Euro, but only slightly. Here’s an overview of today’s events in the old continent: French Flash Manufacturing PMI rose from 36.5 to 40, exceeding expectations at 37. French Flash Services PMI rose from 43.6 to 46.2, exceeding predictions at 43.8. German Flash Manufacturing
Forex Daily Outlook – April 23rd 2009
Lots of economic indicators on a crowded Thursday: European PMI figures, Canadian Retail Sales, American Unemployment Claims and Existing Home Sales are the stars of today. And there’s more: BOJ Governonr Shirakawa will speak early in the morning, and will give some insights on the suffering Japanese economy. Lot’s of European PMI At 7:00 GMT, the French will
Forex Weekly Outlook – April 20-24 2009
This week features Home Sales data in the US, a rate decision in Canada, British GDP and many more interesting economic figures that will move the markets. Some currencies are at critical levels, and might set a new course this week. Let’s dive into the major events this week: Monday, April 20th: Australia’s PPI is
Forex Daily Outlook – March 27th 2009
Bad News from Britain dominates today’s trading session. Other than that, German CPI and American Spending data will also gather attention. Let’s see what’s up. German Import Prices fell by 0.5%, more than 0.4% that was expected. The Prelim CPI in Germany will be released by the German states. Industrial New Orders in Europe are