CB Consumer Confidence in the US and Nationwide HPI in the UK are the main events lined up. Â Let’s see what awaits us today.
In the US, The Conference Board (CB), Consumer Confidence, Survey to value the existing and upcoming financial conditions including labor availability and business conditions, reduce of 0.1 points is likely down to 65.8 points this time.
Read the rest of the article Forex Daily Outlook August 28 2012
GBP/USD broke out of its recent range trading, as the pound gained over one cent against the dollar. The pair closed the week at 1.5806. The upcoming week is quiet, with only four releases. Here is an outlook of the upcoming events, and an updated technical analysis for GBP/USD. The pound took advantage of some weak US releases, including New Home Sales
ADP Non-Farm Employment Change is the main event 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), Survey to rate the business conditions like employment, new orders, supplier deliveries and inventories, rise is likely from 49.7 points on the last
GBP/USD moved upwards during the week, as the pound gained over one cent against the dollar, closing at 1.5734.  There is a host of key releases  in the the upcoming week including the Official Bank Rate, Asset Purchase Facility and three PMIs. Here is an outlook of the upcoming events, and an updated technical analysis for GBP/USD. The pound took
We end this week with Advance GDP as the major events of the day. Here is an outlook on the market-mover awaiting us. In the US, Advance Gross Domestic Product (GDP), measures the annualized value of all the economy’s  production of goods and services, is about to reduce by 0.4% down to 1.5%. and similar
GBP/USD moved upwards during the week, but gave up almost all of those gains, closing at 1.5615. The upcoming week is a quiet one, with just four releases. Here is an outlook for the upcoming events, and an updated technical analysis for GBP/USD. After showing some strength during the week, the pound was hobbled by
Unemployment Claims in the US and Current Account in the UK are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, Measures the persons that filed for unemployment insurance for the first time, reduce of 2K from the last week is forecasted down to 385K now. Later in the US,Â
The British pound lost about 150 pips against the US dollar, as GBP/USD closed at 1.5571. The upcoming week is very busy, with 13 releases. Here is an outlook for the upcoming events, and an updated technical analysis for GBP/USD. The pound was hurt by last week’s Claimant Count Change, which hit an eight-month high.
Unemployment Claims in the US and Building Approvals in Australia are the major market-movers. Let see what awaits us today. in the US, Unemployment Claims, weekly indicator for the number of individuals that has filed for unemployment insurance on the first time, about to reduce by 1K down to 369K. More in the US, Automatic
The pound continued its sharp drop this week, as GBP/USD aiming to reach critical low support. The upcoming week has seven releases, including Manufacturing PMI. Here is an outlook for the upcoming events, and an updated technical analysis for GBP/USD. A weak GDP release in the UK is pointing to a deeper recession than forecast. As well, talk of a Greek exit