Post Tagged with: "NAB Business Confidence"
Forex Daily Outlook January 31 2012
US CB Consumer Confidence and Canadian GDP are the major events today. Here is an outlook on the market-movers awaiting us In the US, CB Consumer Confidence increased more than predicted to 64.5 in December from 55.2 in November indicating an elevated confidence among households. A further improvement to 68.2 is expected now. More in
AUD/USD Outlook January 30 – February 3
The Australian dollar had another outstanding week against the greenback, climbing almost 200 points. 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 US dollar weakened against most major currencies following Bernanke’s announcement that interest rates will likely remain near zero until late 2014. However,
AUD/USD Outlook December 12-16
The Australian dollar had a roller coaster week, climbing close to 1.04 US, and then dropping near parity on the last trading day of the week, before recovering nicely. The upcoming week is quite busy in terms of economic indicators. Here is an outlook for the Australian events, and an updated technical analysis for AUD/USD. After a sluggish 2011, the Australian economy
Forex Daily Outlook November 8 2011
Manufacturing Production in the UK and Housing Starts in Canada are the main events lined up. Let’s see what awaits us today. In the US, Charles Plosser, Federal Reserve Bank of Philadelphia President, is about to lecture in Philadelphia More in the US, Narayana Kocherlakota, Federal Reserve Bank of Minneapolis President is due to speak
AUD/USD Outlook November 7-11
The Aussie had quite a rough week, ending significantly lower and erasing previous gains. Another busy week awaits us. Employment data is the highlight of 11 events. Here is an outlook for the events and an updated technical analysis for AUD/USD. Glenn Stevens acknowledged the global slowdown and easing inflation and cut the interest rate to 4.50%.
AUD/USD Outlook – October 10-14
The Aussie had another roller coaster week, ranging 500 pips. Lots of action! The upcoming week features important employment figures among other events. Here is an outlook for the Australian events, and an updated technical analysis for AUD/USD. The Australian dollar fell to a one year month low against the greenback on global worries and some hints
Forex Daily Outlook – September 13 2011
In the US FOMC Member Fisher Speaks, and RICS House Price Balance in the UK are the main events lined up. Let’s see what awaits us today. In the US, Federal Budget Balance, monthly report to value the deference between the income and spending of the federal government’s, this month a deficit is predicted from
AUD/USD Outlook – September 12-16
The Aussie finished a very busy week lower. Will it break lower and follow other currencies? Or remain in range? The upcoming week also provides quite a few events. Here is an outlook for these events, and an updated technical analysis for AUD/USD. The Aussie enjoyed an excellent GDP report: the economy in Australia grew
AUD/USD Outlook – August 8-12
After failing to break to new record highs against the greenback, the going got tough and the Aussie took a dive. The upcoming week will see the all-important employment figures, as well as other Australian market movers. Here is an outlook for these events, and an updated technical analysis for AUD/USD. Update Monday, 22:30 GMT:
Forex Daily Outlook – August 9 2011
FOMC Statement in the US and Manufacturing Production in the UK are the main events lined up. Let’s see what awaits us today. In the US, Federal Open Market Committee (FOMC) Statement, the main FOMC key tool regarding monetary policy. It forecast the interest rates and other policy measures. Later in the US, Federal Funds


