Post Tagged with: "Jeffrey Lacker"
Forex Daily Outlook – December 2nd 2009
After a busy day that included unexpected events, today is more calm. ADP Non-Farm Payrolls stand out. Will the dollar continue the decline? Let’s see what’s up for today: In Britain, MPC member Spencer Dale will make a public appearance, and might hint something about next week’s rate decision. Later, Construction PMI is expected to
Forex Daily Outlook – October 21st 2009
After a busy day yesterday, that saw the Canadian dollar falling, we have a rather thin calendar today. British meeting minutes and the Beige Book are the highlights of today. Australia’s MI Leading Index rose by 1.1%, exactly like last month. AUD/USD is trading in a range between 0.92 and 0.93, capped by a resistance line. For
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
Forex Daily Outlook – September 14th 2009
Forex trading began with a stronger dollar this week. European Industrial Production is the highlight of this rather calm day. Let’s see what’s on the menu today. The late dollar comeback that began late on Friday continues today. While the British Pound and the New Zealand dollar suffer, the Swissy and the Yen are weathering
Forex Daily Outlook – August 27th 2009
After yesterday’s whopping Durable Goods Orders, could the GDP also surprise? A busy day expects us. Let’s see what’s up for today: Will the dollar strength continue today? Will the Pound continue it’s weakness? Many British figures will set the direction today
Forex Daily Outlook – June 10th 2009
After two slow days, the economic calendar is fully packed today: Trade Balance in Britain, Canada and the US, an interest rate decision in New Zealand and GDP in Japan are the highlights. And there’s lots more. Let’s see what’s on the menu… Australian Home Loans start the day. After rising by 4.9%, they are
Forex Daily Outlook – May 8th 2009
The monthly circus of Non-Farm Payrolls is with us today: expectations got better (-590K), and I believe that it’ll be even better than this. There are a few other important economic figures. Let’s dive in: Australian RBA Monetary Policy Statement will start the day. After the impressing employment data in Australia, the decision to leave interest
Forex Daily Outlook – May 4th 2009
Forex trading starts slowly this week, with holidays in Britain and Japan. Yet, Pending Home Sales will draw much attention. Let’s see what’s up at the start of the new week: Australia starts the week with the monthly ANZ Job Advertisements. Australian housing is expected to be left unchanged, with quarterly HPI at 0%. In Europe, German
Forex Daily Outlook – April 3rd 2009
King of Forex, Non-Farm Payrolls, will dominate the day. Current expectations are for a drop of 659K jobs. Apart from NFP, British, European and American Services PMI figures will be closely watched. Echoes from the G20 summit will also move the markets. The day starts with German Import Prices, which are expected to drop by 0.3%.
Forex Daily Outlook – March 26th 2009
Major releases in Britain today will set the course of the Pound, which has shown strength. In America, Final GDP and Unemployment Claims will get attention, and note major releases in Japan and New Zealand near the end of the day. Australia’s RBA Financial Stability Review starts the day. Australia seems to have a very stable