Post Tagged with: "Inflation"
Australian Dollar Outlook – October 12-16 2009
The Aussie had a superb week. The rate hike by the RBA gave the first boost, and the excellent employment figures took AUD/USD over 90 cents. 6 events will impact the Aussie on its new ground. Here’s an outlook for major events in Australia, and an updated technical analysis. AUD/USD forex graph, with support and
Forex Daily Outlook – October 8th 2009
Rate decisions are due in Britain and in Europe. There are lots of other events in this very busy day. Will the dollar continue falling? Let’s see what’s up for today. Take a deep breath. Australia’s employment figures were also an excellent positive surprise, and sent AUD/USD above the resistance line of 0.8950. The number
EUR/USD Outlook – September 7-11 2009
Range trading was the name of the game this week. EUR/USD that closed the week in the same place as last week. Here’s an outlook for this week’s events, and a technical analysis for EUR/USD. Will it break the range this week? EUR/USD forex graph with uptrend channels Last week’s rate decision didn’t surprise anybody.
British Pound Outlook – August 24-28 2009
The British Pound traded in a narrow range this week, bouncing off resistance and support lines, and trading “by the book”. This week features 7 important British indicators, with the Revised GDP being the most important release. Here’s an outlook for this week’s events and a technical analysis for GBP/USD. GBP/USD forex chart with important
Canadian Dollar Outlook – June 15-19 2009
After finishing in the same place as last week, the Canadian dollar awaits an interesting week. 6 key events are previewed here: Manufacturing Sales, Labor Productivity, Leading Index, CPI, Mark Carney’s speeches and Retail Sales. The technical range of the loonie is narrowing. IT’s also discussed here. A Canadian dollar outlook for the third week of June. Manufacturing
Interest Rate Hike in the US?
Although the recession is still strong, the surprising payrolls figure hinted that the worst is behind us, even in the job market. With rising commodity prices and improving consumer sentiment, inflation might be around the corner. Will Bernanke change a direction? Last week’s Non-Farm Payrolls were much better than expected – they fell by 345,000
Will Retail Sales and GDP Send the Pound Higher?
The Pound is trading in the highest levels for many months, near a major resistance line. There are 4 major indicators this week: CPI, MPC Meeting Minutes, Retail Sales and Revised GDP. Will they send the Pound to new highs? GBP/USD trades above 1.50 during the most of May. It destroyed the magical number of
GDP And FOMC Roundup – Yen Hurt
Advance GDP and the FOMC Statement supplied much volatility for the forex market. Most currency pair eventually stayed in the same place. Only the Yen was significantly hurt. Advance GDP was very bad: According to the early indicator, the American economy squeezed by 6.1% in the first quarter of 2009, much worse than early expectations
Forex Daily Outlook – April 16th 2009
Lots of inflation figures will be released today all over the world. Also note the recovering American housing figures and the weekly Unemployment Claims. Let’s see what’s up today. In Australia, the RBA Monthly Bulletin will give a good indication on the Australian economy. In Switzerland, deflation fears are real – PPI is expected to
Inflation? Not So Soon…
Germany’s Finance Minister is worried the world may face an inflation crisis. Up to now, prices are just going down in this crisis. This week’s inflation figures across the world can tell us if this prices are moving, and if interest rates will change a direction. Peer Steinbrueck, Germany’s Finance Minister says that the current crisis is