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AUD/USD Outlook Feb. 6-10

AUD/USD Outlook Feb. 6-10

The Australian dollar continued to strengthen against the dollar, climbing over 100 pips, and reaching just shy of the 1.08 level. The upcoming week is extremely busy, with nine indicators being released. Here is an outlook for the Australian events, and an updated technical analysis for AUD/USD. The Australian economy, with its great dependence on exports, has been hit hard by the global

Forex Daily Outlook January 16 2012

Forex Daily Outlook January 16 2012

We start the week with some interesting events like ECB President Draghi Speaks in Europe and Home Loans in Australia as the main highlight on today’s outlook. Let’s see what awaits us today. In the US, Elizabeth Duke, Federal Reserve Governor is due to speak in Virginia. In Canada, New Motor Vehicle Sales, a mark

AUD/USD Outlook January 16-20

AUD/USD Outlook January 16-20

The Australian dollar rose over 100 pips against the greenback, closing just above the 1.03 level. The upcoming week is busy, with eight indicators being released. Here is an outlook for the Australian events, and an updated technical analysis for AUD/USD. Updates: The Aussie dipped under 1.03 as the ANZ Job Advertisements dropped by 0.9%, triggering worries about

Forex Daily Outlook December 5 2011

Forex Daily Outlook December 5 2011

We start the week with some interesting events like ISM Non-Manufacturing PMI in the US and Services PMI in the UK as the main highlight on today’s outlook. Let’s see what awaits us today. In the US, The Institute for Supply Management (ISM) Non-Manufacturing Purchasing Managers’ Index (PMI); Monthly Survey to value the business conditions

Forex Daily Outlook – October 31 2011

Forex Daily Outlook – October 31 2011

We start the week with some interesting events such as Chicago PMI in the US and GDP  in Canada as the main highlight on today’s outlook. Let’s see what awaits us today. In the US, Chicago Purchasing Managers’ Index (PMI); monthly managers in Chicago survey to value the business conditions for employment, new orders etc.

AUD/USD Outlook – Oct. 31 – Nov. 4

AUD/USD Outlook – Oct. 31 – Nov. 4

The Aussie had another volatile week that provided quite a few opportunities and it eventually ended it on higher ground. The upcoming week is very busy, with the rate decision being the highlight of 12 events. Here’s an outlook for these events, and an updated technical analysis for AUD/USD. The moderate rise in prices leaves room for

AUD/USD Outlook – October 3-7

AUD/USD Outlook – October 3-7

The Aussie dropped for a fourth week in a row. Will it continue lower at the beginning of the fourth quarter? We have a very busy week, with the rate decision in the limelight. Here is an outlook for the Australian events, and an updated technical analysis for AUD/USD, now in lower ground.  More signs of slowdown

Forex Daily Outlook – September 5 2011

Forex Daily Outlook – September 5 2011

We start the week with Services PMI in the UK and more. Let’s see what awaits us today. In Europe, Retail Sales, key gauge for consumer spending and affected the overall economic activity; about to reduce from 0.7% on August to 0.1% now. More in Europe, Final Services Purchasing Managers’ Index (PMI), due to remain

Forex Daily Outlook – August 1 2011

Forex Daily Outlook – August 1 2011

ISM Manufacturing PMI in the US and Manufacturing PMI in the UK are the main highlight on today’s outlook. Let’s see what awaits us today. In the US, The Institute for Supply Management (ISM) Manufacturing Purchasing Managers’ Index (PMI), Survey (around 400 managers) to value the business conditions over the passing month, about to reduce

Forex Daily Outlook – July 4 2011

Forex Daily Outlook – July 4 2011

We start the week with Construction PMI in the UK and RMPI  in Canada as the main highlight on today’s outlook. Let’s see what awaits us today. In Canada, Raw Materials Price Index (RMPI) monthly measurement to value the price change of raw supplies acquired by manufacturers, after a rise to 6.8% on the last