Post Tagged with: "Mark Carney"
Forex Daily Outlook – November 2 2011
Today we have key events: FOMC Statement in the US and Construction PMI in the UK as the main highlights on today’s outlook. Let’s see what awaits us today. In the US, FOMC Statement, the key tool that is used by the FOMC regarding monetary policy with investors, and regarding financial conditions for other policy
Forex Daily Outlook – October 26 2011
New Home Sales in the US and EU Economic Summit in Europe are the main events today. Here is an outlook on the market-movers awaiting us In the US, New Home Sales leading monthly report to value the new sold households on the last month, is about to rise from 295K on September up to
Forex Daily Outlook – September 26 2011
New week with important updates and the New Home Sales in the US is the main highlight on today’s outlook. Let’s see what awaits us today. In the US, New Home Sales, monthly indicator to value the number of new single-family households sold on the last month, slightly decrease from 298K on August to 296K
USD/CAD Outlook – September 26-30
One Canadian dollar is now worth significantly less than one US dollar as the loonie surrendered to the greenback . GDP is the highlight of this week. Here’s an outlook for the Canadian events, and an updated technical analysis for USD/CAD. The lack of QE3 in Bernanke’s statement and especially the comment about downside risks to the economy weighed heavily
Forex Daily Outlook – September 20 2011
US Building Permits and the Euro-Zone German ZEW Economic Sentiment are the most important events today. Here are the main events lined up. In the US, Building Permits, excellent indicator for the upcoming construction activity, measures monthly permits issued for the new residential houses, stabilize on 0.60M. Meanwhile on the Housing Starts (new housing
Forex Daily Outlook – June 20 2011
ECOFIN Meetings in Europe and Adam Posen speech in in Madrid are the main highlight on today’s outlook. Let’s see what awaits us today. In Canada, Mark Carney, Bank of Canada Governor, is about to deliver a speech in Ottawa; For more on USD/CAD, read the Canadian dollar forecast. In Europe, Current Account, measuring the values
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 – June 15 2011
CPI in the US and Manufacturing Sales in Canada are the main events today. Here is an outlook on the market-movers awaiting us In the US, Consumer Price Index (CPI) measuring the price of living, shows the difference between basket of goods and services with volatile components, reduced to 0.4% on May and further reduce
Forex Daily Outlook – June 14 2011
US retail sales, US PPI and Japan’s rate decision are the main events on this busy day. Let’s see what awaits us now. In the US, Retail Sales measuring the value of manufacturer’s sales indicator of consumer spending increased in April by 0.5% in line with expectations but 0.4% behind the previous month. While Core
USD/CAD Outlook – June 13-17
Capacity Utilization Rate and Mark Carney’s speech are the highlight of this week. Here’s an outlook for the Canadian events, and an updated technical analysis for USD/CAD. The Canadian employment sector increased by 22,300 jobs in May in line with expectations while the unemployment rate fell further from 7.6% to 7.4% weakening the USD/CAD. Will the Canada’s