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EUR/USD Dec. 14 – No Time to Lick the Wounds

EUR/USD Dec. 14 – No Time to Lick the Wounds

Euro dollar is holding above the round 1.30 line after the two-step downfall yesterday – a fall that started with no new money from Germany and continued with no new money from the US. The debt crisis will be felt today with a longer-term Italian auction, a vote of confidence in Finland and some fresh indicators.

Forex Daily Outlook December 14 2011

Forex Daily Outlook December 14 2011

Claimant Count Change in the UK is the main event today.  Here is an outlook on the market-movers awaiting us In the US, Import Prices, value the prices for imported goods and services, affects the businesses and consumers inflation, about to rise up from -0.6% on November to 1.0% now. More in the US, Crude

USD/CHF Outlook Dec. 12-16

USD/CHF Outlook Dec. 12-16

The Swiss franc was up slightly against the dollar, and was at the 0.9250 level for most of the week. The upcoming week has six important indicators, and the market continues to closely watch the latest developments in the eurozone debt crisis. Here is an outlook for the Swiss events, and an updated technical analysis for USD/CHF. Swiss economic growth slowed to its lowest level in two

EUR/USD Outlook December 12-16

EUR/USD Outlook December 12-16

Euro/dollar suffered from the refusal of the ECB to help in resolving the debt crisis but its falls were limited. Where will this end? Purchasing managers’ indices, a major German survey are the key figures in the upcoming week. Here is an outlook for these events and an updated technical analysis for EUR/USD. The ECB cut

Forex Daily Outlook November 9 2011

Forex Daily Outlook November 9 2011

We summarize this week with Trade Balance reports on the US, UK and Canada as the major events of this day. Here is an outlook on the market-movers awaiting us. In the US, Trade Balance, value the difference between exported and imported goods and services on the past month, expected to further reduce from -43.1B

Forex Daily Outlook November 7 2011

Forex Daily Outlook November 7 2011

Manufacturing Production in the UK is the main event today.  Here is an outlook on the market-movers awaiting us In the US, Crude Oil Inventories, weekly report to value the crude oil barrels in commercial company’s inventory, is about to by remain 3.9M similar to the last week. More in the US, Consumer Credit, expected

GBP/USD Outlook December 5-9

GBP/USD Outlook December 5-9

The British pound enjoyed the optimism that came from the coordinated central bank action. Will it break even higher? The upcoming week is very busy, with the rate decision being the highlight. Here is an outlook for the upcoming events, and an updated technical analysis for GBP/USD. The housing sector is relatively stable: this was seen in

EUR/USD Nov. 16 – Everybody’s Waiting for the ECB

EUR/USD Nov. 16 – Everybody’s Waiting for the ECB

Euro dollar made a sharp move higher but quickly fell after hitting resistance. Everybody is looking for the ECB to save the day: Spain, France and Italy’s Unicredit all seek help. Is European QE around the corner? We have more important US figures after yesterday’s positive ones. Here’s a quick update on technicals, fundamentals and what’s

Forex Daily Outlook November 16 2011

Forex Daily Outlook November 16 2011

BOE Inflation Report in the US and Claimant Count Change in the UK are the main events today.  Here is an outlook on the market-movers awaiting us In the US, Consumer Price Index (CPI), value the consumer’s price change of goods and services, due to reduce by 0.3% this month, while the Core CPI (apart

EUR/USD Nov. 14 – Still Pressured by Italian Boot, With No ECB Help

EUR/USD Nov. 14 – Still Pressured by Italian Boot, With No ECB Help

Euro dollar started the week with a gap higher, but this was quickly erased and it fell to lower ground. Silvio Berlusconi tendered his resignation, but things are too good for Italy and the euro-zone in general. A fresh Italian bond auction yielded high yields and the fear of a significant recession is stronger. The ECB