Post Tagged with: "Mark Carney"
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 23rd 2009
Lots of economic indicators on a crowded Thursday: European PMI figures, Canadian Retail Sales, American Unemployment Claims and Existing Home Sales are the stars of today. And there’s more: BOJ Governonr Shirakawa will speak early in the morning, and will give some insights on the suffering Japanese economy. Lot’s of European PMI At 7:00 GMT, the French will
Forex Weekly Outlook – April 20-24 2009
This week features Home Sales data in the US, a rate decision in Canada, British GDP and many more interesting economic figures that will move the markets. Some currencies are at critical levels, and might set a new course this week. Let’s dive into the major events this week: Monday, April 20th: Australia’s PPI is
Forex Daily Outlook – April 1st 2009
Lots of important indicators all over the globe – British Manufacturing PMI, German Retail Sales, American ADP Non-Farm Employment Change,ISM Manufacturing PMI and Pending Home Sales are only a small part of today’s figures. Take a deep breath… The day starts in Australia, with two major releases: Building Approval are expected to rise by 1.5%, after
Forex Daily Outlook – March 30th 2009
The forex market will be moved mostly by speeches around the globe. Important figures include Japanese Prelim Industrial Production and European Consumer Confidence. Let’s see what’s on the menu… New Zealand starts the forex week very early, with the monthly Building Consents. They previously fell by 13.1% – very bad. A further decline could stop the
Forex Weekly Outlook – March 30 – April 3 2009
Big week ahead in the forex market. Non Farm Payrolls, ECB rate decision and the G20 summit talks will be the highlights of the week. There are lots of other major indicators this week, that begins with important indicators on Sunday night! Here’s what’s cooking for us this week: Sunday, March 29th: There are important
Forex Daily Analysis – February 10th 2009
Tuesday morning begins with a somewhat stronger dollar, after weakening yesterday. Barack Obama seems to renew his election campaign, going out to the public and talking about the stimulus plan. Not much data today, but many speeches will dominate forex trading. Data began pouring from Britain with a disappointing figure: RICS House Price Balance -76.3%. More
Canadian Housing Starts Fall – USD/CAD Stable
Housing Starts in Canada fell to 154,000. Early predictions were at 165,000, which was already lower than last month’s 172,000. This low figure made the Canadian dollar shake, but now it’s stable against the US dollar. USD/CAD is now trading at 1.2280. Last week, employment data in Canada was very bad. It sent USD/CAD very
Forex Weekly Outlook – February 9-13 2009
The second week of February begins in a slow pace, with more speeches than real economic data. It gradually gains pace, with Trade Balance in Canada and the US on Wednesday, Australian Employment Data on Thursday, and American Retail Sales on Thursday. On Friday 13th, European GDP will dominate the day, as well as UoM
Forex Daily Analysis – January 27th 2009
Forex trading shifts a gear on Tuesday. Highlight of the day are the German Ifo Business Climate, CBI Realized Sales in Britain, and the CB Consumer Confidence in the US. Yesterday, the dollar lost ground to the European majors. The Yen, in strong correlation with the dollar lost even more. The day begins early, with quarterly PPI data