Post Tagged with: "Ivey PMI"
Risk Aversion Turns the Market Over
After the dollar retreated on all fronts, it made a huge comeback in the last 24 hours on fears that the recovery is not near at all. Review of the turnaround and a look towards the final battle. Ben Bernanke went to testify in Washington. Despite very careful wording, he expressed pessimism. Recovery isn’t as
Forex Daily Outlook – June 4th 2009
Huge day in forex trading: Rate decisions from Europe, Britain and Canada dominate the day. Ben Bernanke’s speech will also impact the markets, as well as many other indicators. Let’s dive in… Australian Trade Balance starts the day. The surplus is expected to squeeze from 2.5 billion to 1.7 billion. After GDP was positive, this
Loonie Stays Behind – Mid Week Overview
The US dollar is suffering from losses across the board. Out of the three currencies that I’ve covered, only the Canadian dollar stayed behind. The Pound and the Aussie continued enjoyed the dollar’s fall. Here’s an overview of the week so far, and an outlook towards the data-rich Thursday and Friday. British Pound Original coverage:
Loonie At Parity? Canadian Dollar Outlook
Here is the most recent USD/CAD Canadian Dollar Outlook. USD/CAD has fallen deeply in the past two weeks. This trend continued this week despite ongoing recession. Apart from GDP, there are 4 more crucial events any loonie trade should carefully look out for this week: Building Permits, Interest Rate decision, Ivey PMI and the Unemployment Rate.
Forex Weekly Outlook – June 1-5 2009
Get ready for a wild week in forex trading. As always in the beginning of the month, the king of forex: Non-Farm Payrolls is dominant. We have rate decisions from Europe, Britain, Canada and Australia. Yup, everything happens this week. And there are loads of other major indicators. Hold tight! Only a big surprise this
Forex Weekly Outlook – May 4 – 8 2009
Big week ahead in forex trading: Non-Farm Payrolls, Rate decision from Europe, Britain and Australia and employment figures from all over the globe promise an exciting week. Also note the Stress Test results. Let’s dive into the main events for this week: Monday, May 4th: Both British and Japanese banks are on holiday, so trading
Forex Daily Outlook – April 6th 2009
The forex week start at slow pace, with only Canadian Building Permits and Ivey PMI being the only highlights of the day. Let’s see what’s on the menu. Australian MI Inflation Gauge starts the week. Though it isn’t an important figure, it could still shake the Aussie. See my special analysis for the AUD/USD for this week.
Forex Weekly Outlook – April 6-10 2009
This week features rate decisions from Australia, Japan and Britain. There are also lots of major figures from Canada. Due to Easter, Thursday is packed with indicators, and Good Friday is good for resting. Lets’ see what’s on the menu… Monday, April 6th: The week starts slowly, with European Retail Sales that are expected to
Forex Daily Outlook – March 5th 2009
Very big day today at the forex market. Rate decisions in Europe and Britain will dominate the scene. Big swings can also be caused by US Unemployment Claims, and some serious releases from both Australai and Canada. Let’s see what’s in there… Already at 00:30, news come from the land down under: Australian Building Approvals are
Forex Weekly Outlook – February 2-6 2009
The first week of February unfolds lots of interesting data: Rate decisions in Europe, Britain and Australia, as well as the king of Forex indicators: Non Farm Payrolls. Lets dive in to the major events this week. This time, it’s a more concise edition that last week’s… Sunday, February 1st: Yes, there’s something worth mentioning