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Forex Daily Outlook November 30 2011

Forex Daily Outlook November 30 2011

US ADP Non-Farm Employment Change and US Pending Home Sales are the main events today.  Here is an outlook on the market-movers awaiting us In the US, Automatic Data Processing, Inc. (ADP) Non-Farm Employment Change, measures the number of employed people over the last month (without government & farming industry), rise is expected from 110K

USD/CAD Outlook Nov. 28-Dec. 2

USD/CAD Outlook Nov. 28-Dec. 2

The Canadian dollar couldn’t hold its ground against a rising US dollar, and USD/CAD continued north. GDP and employment figures are the major events this week. Here’s an outlook for the Canadian events and an updated technical analysis for USD/CAD. The crisis in Europe is definitely taking its toll. The failed German auction was the highlight of an eventful week.

Forex Daily Outlook – June 23 2011

Forex Daily Outlook – June 23 2011

Unemployment Claims in the USA and CBI Realized Sales in Great Britain are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, weekly measurements of new unemployment claims filed by Americans over the passing week stabilized last week and forecasted to remain 414K this week. Later in the US, New

USD/CAD Outlook – June 20-24

USD/CAD Outlook – June 20-24

The Canadian dollar retreated against the greenback due to the global turmoil and falling oil prices. Retail sales figures are the top event this week. Here’s an outlook for the Canadian trading events, and an updated technical analysis for the Canadian dollar The Canadian Dollar dropped to a three month low vs. the U.S dollar as a

Forex Daily Outlook – February 10 2011

Forex Daily Outlook – February 10 2011

Unemployment Claims in the US, Manufacturing Production in the UK are some of the interesting events on this hectic day. Let’s see what awaits us today. In the US, Unemployment Claims, individuals who filed for unemployment insurance for the first time during the past week is about to reduce by 4K. It is an important

Canadian Dollar – February 7-11

Canadian Dollar – February 7-11

Building Permits, Housing Starts and Trade Balance are the hot topics of this week. Here is an outlook on the market-movers ahead and an updated technical analysis for USD/CAD. The Canadian dollar climbed higher against its U.S. dollar on Feb 2 after hitting its highest level in two weeks and receiving signs that global economic

Forex Daily Outlook – August 24 2010

We have some interesting updates coming up today, Existing Home Sales in the US, Core Retail Sales in Canada, Inflation Expectations Percentage in New Zealand and more. Let’s see what awaits us today. In the US Existing Home Sales, the main gauge of the condition of the US housing market measuring the number of closed

USD/CAD Outlook – August 23-27

USD/CAD Outlook – August 23-27

Loonie traders expect a calm week in terms of Canadian events. Here’s an outlook for these events and an updated technical analysis for USD/CAD. USD/CAD chart with support and resistance lines marked. Click to enlarge: Most indicators were weak last week – foreign cash flows squeezed significantly, wholesale sales shrunk, and Core CPI unexpected dropped,

Forex Daily Outlook – May 14 2010

Consumer confidence is rising and so is Industrial Production and Capacity Utilization Rate showing a good climate in the US market. In Canada, BOC Deputy Governor John Murray speaks in Ottawa and Manufacturing Sales are up showing an overall positive air to the leading economies. Let’s see what’s on the menu today. In the US,

USD/CAD Outlook – May 10-14

USD/CAD Outlook – May 10-14

Various economic events will impact the Canadian dollar in the upcoming week, after the strong rise that was seen in Canadian employment. Here’s an outlook for these events and an updated technical analysis for USD/CAD, now far from parity. USD/CAD chart with support and resistance lines marked. Click to enlarge: The Canadian dollar didn’t escape