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Forex Daily Outlook February 2 2012

Forex Daily Outlook February 2 2012

Unemployment Claims in US and Construction PMI in the UK are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, monthly indicator to value the unemployment insurance that was filed on the last week, is predicted to drop down from 377K to 373K this week. More in the US, Ben

Forex Daily Outlook February 1 2012

Forex Daily Outlook February 1 2012

ISM Manufacturing PMI in the US and Manufacturing PMI in the UK are the main events today.  Here is an outlook on the market-movers awaiting us. In the US, The Institute for Supply Management (ISM) Manufacturing Purchasing Managers’ Index (PMI); Monthly Managers Survey to value the business conditions such as new orders, deliveries and inventories,

GBP/USD Outlook January 30 – February 3

GBP/USD Outlook January 30 – February 3

The British pound had another stellar week, climbing almost 200 pips against the US dollar, and breaking the 1.57 level. The upcoming week has seven releases, including GDP. Here is an outlook for the upcoming events, and an updated technical analysis for GBP/USD. The dollar weakened against most major currencies following Bernanke’s announcement that  interest rates will

GBP/USD Outlook December 26-30

GBP/USD Outlook December 26-30

The British pound rebounded against the dollar, climbing close to the 1.58 level, but gave up those gains by week’s end. The upcoming week is very quiet, with only two releases, both of which are housing sector indicators. Here is an outlook for the upcoming events, and an updated technical analysis for GBP/USD. The British government deficit hit 15.2 billion in November, which

Forex Weekly Outlook December 26-30 2011

Forex Weekly Outlook December 26-30 2011

The pre-holidays week already saw slower trading and no big moves for the greenback. US unemployment claims and consumer confidence are the major events closing 2011.  Here are the main market-movers this week. Positive US figures released last week suggest careful optimism regarding the current US economic condition with another drop in weekly jobless claims

Forex Daily Outlook November 29 2011

Forex Daily Outlook November 29 2011

Building Consents in the US and Nationwide HPI in the UK are the main events lined up.  Let’s see what awaits us today. In the US, The Conference Board (CB) Consumer Confidence, monthly survey to rate the present and upcoming financial conditions with labor availability etc., rise is expected from 39.8 on October up to

GBP/USD Outlook Nov. 28 – Dec. 2

GBP/USD Outlook Nov. 28 – Dec. 2

The British pound couldn’t escape the European debt crisis, and the discussion about more QE in Britain. The upcoming week consists of two important PMIs among other figures. Here is an outlook for the upcoming events, and an updated technical analysis for GBP/USD. British bonds did enjoy the failed German bond auction, but this wasn’t enough to

Forex Daily Outlook – November 1 2011

Forex Daily Outlook – November 1 2011

US ISM Manufacturing PMI and UK housing data are the main events lined up.  Let’s see what awaits us today. In the US, ISM Manufacturing PMI and important Manufacturing activity gauge, increased more than predicted to 51.6 in September after reaching 50.6 inAugust. A further rise to 52.3 is expected now. Later in the US,

GBP/USD Outlook – Oct. 31 – Nov. 4

GBP/USD Outlook – Oct. 31 – Nov. 4

The British pound shared the fate of the euro, and enjoyed a very strong ride. The upcoming week is very busy, with the first release of Q3 GDP being the highlight. Here’s an outlook for the upcoming events, and an updated technical analysis for GBP/USD. The pound also enjoyed a relatively small current account deficit. This provided

Forex Daily Outlook – September 29 2011

Forex Daily Outlook – September 29 2011

Pending Home Sales in the US and Nationwide HPI in the UK are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, weekly measurement of the persons that filed for unemployment cover, reduces from 423K on the last week to 420K this time. Later in the US, Pending Home Sales,