Post Tagged with: "Manufacturing Production"
GBP/USD Outlook – October 10-14
The British pound challenged recent lows, but managed to recover in a volatile week. Employment figures are the highlight of this week, among quite a few other events. Here is an outlook for these events, and an updated technical analysis for GBP/USD. The huge QE program introduced in the UK pounded the pound, that fell to levels
Forex Daily Outlook – September 7 2011
Manufacturing Production in the UK and BOC Rate Statement in Canada are the main events today. Here is an outlook on the market-movers awaiting us In the US, Beige Book, one of 3 books (Green, Blue & Beige) that the Federal Open Market Committee (FOMC) uses to decide on the next interest rates. Later in
Forex Daily Outlook – August 9 2011
FOMC Statement in the US and Manufacturing Production in the UK are the main events lined up. Let’s see what awaits us today. In the US, Federal Open Market Committee (FOMC) Statement, the main FOMC key tool regarding monetary policy. It forecast the interest rates and other policy measures. Later in the US, Federal Funds
GBP/USD Outlook – August 8-12
After a very volatile week that included a rate decision, another busy week awaits the British pound, with more impact from Mervyn King and of course, the downgrade that the US received from S&P. Here is an outlook for the upcoming events, and an updated technical analysis for GBP/USD. The pound got mixed indicators in
Forex Daily Outlook – July 7 2011
Unemployment Claims in the US and Minimum Bid Rate in the UK are the main highlight on today’s outlook. Let’s see what awaits us today. In the US, ADP Non-Farm Employment Change indicating the number of people employed in the private sector gained only 38,000 in May vs. 177,000 in the previous month. This reading
GBP/USD Outlook – July 4-8
The British pound found a lower bottom this week, but managed to bounce from there. A very busy week consists of key economic figures as well as the rate decision. Will it break lower? Here’s an outlook for the British events, and an updated technical analysis for GBP/USD. In the inflation hearings, Mervyn King and
GBP/USD Bounces From Lows After Bad Data Released
British manufacturing production plunged by 1.5%, much worse than an unchanged figure that was expected. Also producer prices fell more than expected, with PPI Input dropping by 2%. GBP/USD that made big losses before the publications (rumors?) is now bouncing on a “sell the fact” behavior. The bad data leaves room for a resumption of falls.
Forex Daily Outlook – June 10 2011
Monthly Budget Statement in the US and CPI in Europe are the major events this day. Here is an outlook on the market-movers awaiting us. In the US, Monthly Budget Statement summarizes the monetary activities of federal units, disbursing officers, and Federal Reserve banks, further reduce from -40.49 Billion US dollar in May to -150.00
GBP/USD Outlook June 6-10
The British pound had a bad week as many indicators have shown a slowdown in the British economy. The upcoming is very busy as well, with the rate decision being the highlight. Here’s an outlook for the British events, and an updated technical analysis for GBP/USD, now in lower ground. Only the construction sector was
Forex Daily Outlook – May 12 2011
PPI in the US and Industrial Production in Europe are the major market-movers. Let see what awaits us today. In the US, PPI (Producer Price Index) measures changes in prices of finished products a good indicator of consumer inflation. Rise of 1% is expected on the monthly report and of 1.5% on the yearly.. While