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GBP/USD Forecast – November 30 – December 4
Looking for the latest outlook, for the current week? Check out the section: GBP/USD Forecast A roller coaster week, with a 470 pips trading range ended with the Pound remaining almost unchanged. Purchasing managers’ indices and housing figures are due this week. Will the Pound decide where it’s going? Here’s a weekly outlook for 10
Forex Daily Outlook – September 29th 2009
American CB Consumer Confidence and a lot of British figures dominate the scene today. Will EUR/USD recover from the plunge it made this week? Let’s see what’s up for today. Note: After a ten day vacation, I’m glad to back, and I’;m catching up what I’ve missed in the forex scene
EUR/GBP Awaiting a Breakout
This morning’s influx of European figures was good, while British numbers were disappointing. This sent EUR/GBP to the high end of the range but didn’t supply a breakout. Will we see EUR/GBP jump? German job market improving German Unemployment Change was excellent: The number of unemployed people in Germany fell by 1000 people. The number
British Pound Outlook – August 31 – September 4 2009
After a bad week, the British Pound expects PMI and housing figures this week that will move it. Here’s an outlook for 6 key British events, and a technical analysis for GBP/USD. GBP/USD Daily forex chart with important lines inside: GBP/USD lost more than 200 pips in a bad week. One of the biggest blows
Forex Daily Outlook – July 29th 2009
American Durable Goods Orders and a rate decision in New Zealand are the highlights of this busy day in forex trading. Australian HIA New Home Sales starts the day. Last month, this figure fell by 5.7%. In New Zealand, NBNZ Business Confidence is an important release that will give a broad view over the economy. A bigger
Forex Weekly Outlook – May 25-29 2009
After a holiday in the US, forex trading this week will be affected by New and Existing Home Sales, Durable Goods Orders and the second release of GDP. Yup, after a horrible week for the dollar, the scene is dominated by American figures. And of course, there are many interesting figures elsewhere. Let’s see what’s on
Forex Daily Outlook – May 1st 2009
It’s Labor day in Europe, so trading will be thinner than usual. But this May 1st still offers some interesting figures, such as British Manufacturing PMI and American ISM Manufacturing PMI. Let’s see what’s up for today: Japanese Average Cash Earnings start the day, with an expected fall of 2.7%. Later in Australia, Commodity Prices will be published. Commodities are
Comeback of the Pound
The British Pound had a marvelous performance this week. It broke upwards against the dollar and the Euro, and showed some positive economic news for a change. Will Britain emerge quickly from the crisis? GBP/USD is now trading at 1.4820, a price not seen in a long time. This is higher than last week’s peak,
Forex Daily Analysis – January 30th 2009
The last day of January provides lots of economic indicators everywhere. The main event of the day is the Advance GDP in the US, which is expected to fall by a huge 5.4%. In Japan, much data is released: the yearly Household Spending is expected to drop by 3.6%. The Tokyo Core CPI is expected to rise by
Forex Weekly Outlook – Januray 26-30 2009
The upcoming week in forex trading features a return of data from the US. The two major events are a new interest rate on Wednesday (probably unchanged), and the Advance GDP on Friday.Also Home Sales information will be in the limelight in America. This week, it’s New Zealand turn to slash interest rates, Canada will