Post Tagged with: "MI Leading Index"
Forex Daily Outlook January 24 2012
BOE Gov King Speaks in the UK and Core Retail Sales in Canada are the main events lined up. Let’s see what awaits us today. In the US, Richmond Manufacturing Index, Manufacturer’s Monthly Survey to rate business conditions such as shipments, new orders etc., rise that shows condition improvements by 3 points up to 6
AUD/USD Outlook January 23-27
The Australian dollar rose over 200 pips against the greenback, ending the week at the 1.0470 level. There are four indicators being released in the upcoming week. Here is an outlook for the Australian events, and an updated technical analysis for AUD/USD. Increased speculation about a Greek default and concerns about the eurozone did not affect the aussie, as traders were busy snapping up the
Forex Daily Outlook December 20 2011
US housing data and Euro-Zone business and consumer sentiment as the main highlight on today’s outlook. Let’s see what awaits us today. In the US, Building Permits the annualized amount of residential permits released in October was well beyond predictions reaching 650,000 after 590,000 in the prior month. A small drop to 630,000 is expected
AUD/USD Outlook December 19-23
The Australian dollar was down sharply against its US counterpart, dropping almost 300 pips last week. The upcoming week is a quiet one, with three economic indicators, and the markets watching to see if the impressive run by the US dollar continues. Here is an outlook for the Australian events, and an updated technical analysis for AUD/USD. Australia’s GDP rose 1 percent in
Forex Daily Outlook November 15 2011
PPI in the US and CPI in the UK are the main events lined up. Let’s see what awaits us today. In the US, Producer Price Index (PPI), important consumer inflation sign that value the producer’s goods and services prices, about to reduce from 0.8% on October down to -0.1%, and the Core PPI (not including energy
Forex Daily Outlook – October 18 2011
Fed Chairman Bernanke Speaks in the US and CPI in the UK are the main events lined up. Let’s see what awaits us today. In the US, Ben Bernanke, Federal Reserve (Fed) Chairman, is expected to lecturer in Boston. Later in the US, Treasury International Capital (TIC) Long-Term Purchases, value the difference between foreign &
AUD/USD Outlook – October 17-21
The Aussie continued its huge rally. Has it reached the limit for now? The meeting minutes from the recent rate decision is the highlight of this week’s Australia events. Here is an outlook for the Australian events and an updated technical analysis for AUD/USD. Job figures came out better than expected, but they might be a correction, rather
Forex Daily Outlook – September 21 2011
US Existing Home Sales and FOMC Statement are the major market-movers. Here is an outlook on the important events lined up for us todat. In the US, Federal Open Market Committee (FOMC) Statement, key tool used by the FOMC that affects the investors regarding the monetary policy & the financial outlook. And the Federal Funds
AUD/USD Outlook – September 19-23
The Aussie had a very volatile week which it eventually closed lower. The highlight of the upcoming week is the meeting minutes, which might provide guidance on future policy. Here is an outlook for these events, and an updated technical analysis for AUD/USD. The Australian dollar couldn’t escape the European worries, and dipped to the 2010 peak.
AUD/USD Outlook – August 15-19
The Aussie had a roller coaster week, dropping below parity and coming back to life. The upcoming week consists of the important meeting minutes as well some inflation indicators. Here is an outlook for the Australian events, and an updated technical analysis for AUD/USD. The spectacular drop began with the US downgrade by S&P, but