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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

Forex Daily Outlook November 14 2011

Forex Daily Outlook November 14 2011

We start the week with some interesting events like Industrial Production in Europe and Prelim GDP in Japan as the main highlight on today’s outlook. Let’s see what awaits us today. In Canada, Bank of Canada (BOC) Governor Mark Carney, is due to speak in Toronto. For more on USD/CAD, read the Canadian dollar forecast. In

EUR/USD Outlook November 14-18

EUR/USD Outlook November 14-18

Euro/dollar sank together with Berlusconi, but managed to recover some of its losses. Where is it headed now? GDP figures are the highlights of the upcoming week. Here is an outlook for the market moving events, and an updated technical analysis for EUR/USD. Italian yields crossed the “bailout barrier” of 7% and this alarmed the markets.

EUR/USD Nov. 10 – Finds a Bottom on ECB Buying Rumors, Early Italian Vote

EUR/USD Nov. 10 – Finds a Bottom on ECB Buying Rumors, Early Italian Vote

Euro dollar is making a nice comeback after falling into the abyss. The Italian parliament has brought forward the austerity measure vote, and this may send Berlusconi out sooner. In addition, there are are rumors that the ECB will get serious about its intervention in buying Italian bonds. Whether it’s the ECB or not, yields are

Forex Daily Outlook November 7 2011

Forex Daily Outlook November 7 2011

We start the week with some interesting events like Halifax HPI in the UK and ANZ Job Advertisements in Australia as the main highlight on today’s outlook. Let’s see what awaits us today. In the US, Consumer Credit, value of unpaid requires payments consumers credit that over the previous month, due to rise from -9.5B

GBP/USD Outlook November 7-11

GBP/USD Outlook November 7-11

The British pound couldn’t escape the debt crisis in continental Europe and slid lower in an exciting week. The upcoming week is very busy, with the rate decision being the star of the show. Here is an outlook for the upcoming events and an updated technical analysis for GBP/USD. Britain enjoyed some nice growth in Q3, but