Post Tagged with: "Minimum Bid Rate"
Forex Daily Outlook December 8 2011
Rate decisions in the UK and in the euro-zone are the major market-movers as tension mounts towards the EU Summit. Let see what awaits us today. In the US, Unemployment Claims, value the number the unemployed that asked for insurance on the past month, about to reduce down to 397K from 402K in November. More
EUR/USD Outlook December 5-9
Euro/dollar enjoyed the new hope for a big plan to resolve the crisis. The upcoming week is very busy, and consists of a rate decision and yet another European Summit. Will this one be different? Here is an outlook for the upcoming events, and an updated technical analysis for EUR/USD, now on higher ground. 6 central
Forex Weekly Outlook December 5-9
The debt crisis in Europe will continue taking the center stage, with the climax being the EU Summit on Friday. Rate decisions in Europe, the UK, Australia and New Zealand are other highlights in this busy week. Here is an outlook on the major market-movers lined up. Non-Farm Payrolls came out as expected, but the
ECB Set to Reverse Policy? Preview
The first euro-zone rate decision under the new ECB president Mario Draghi comes at a bad timing of a slowdown in the zones’ economies. There’s a significant chance that Draghi will reverse the last rate hike of his predecessor. ECB Preview. Jean-Claude Trichet held the helm for 8 years and proved to be very tough
Forex Daily Outlook – November 3 2011
ISM Non-Manufacturing PMI in the US and Services PMI in the UK are the main events lined up. Let’s see what awaits us today. G20 Meetings (Day 1), the Group of Twenty (G20) is an important global policy-making figure effective at the uppermost level, which impact the cash markets. In the US, Unemployment Claims, measures
EUR/USD Outlook – Oct. 31 – Nov. 4
Euro/dollar had a very exciting week around the European summits. It managed to climb back up to the previous range. Will it stay there? The upcoming week features the first rate decision by Mario Draghi, as well as other important indicators. Here is an outlook for the European events, and an up dated technical analysis for
Forex Weekly Outlook – Oct. 31-Nov. 4
The US dollar dropped sharply as the euphoria from Europe replaced fear. Will this continue? The upcoming week is very busy: rate decisions in the US, the euro-zone and Australia, the G-20 Meetings and Non-Farm Payrolls. Here is an outlook on the major market-movers ahead. Last week the US economy grew at an annual pace
ECB Leaves Rates Unchanged – EUR/USD Still slides
The European Central Bank decided to leave the Minimum Bid Rate unchanged at 1.50%. Contrary to previous decisions, the outcome of this one was uncertain. Given the chances of a rate cut, this move should have been positive for the euro, at least until Trichet opens his mouth. But given the uncertainty towards the rate
Trichet’s Final Cut? ECB Preview
Jean-Claude will make his final rate decision after 8 years as the president of the ECB, and he may be forced to reverse recent policy and cut the rates. The decision is only a warm up before the bigger show – the press conference, and this time it is of higher importance, given the extraordinary
Forex Daily Outlook – October 6 2011
Unemployment Claims in the US and ECB Press Conference in Europe are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, significant indicator of overall financial health, weekly report to value the number of unemployed that for the first time filed for insurance over the passing week, raise from 391K