Post Tagged with: "Nationwide HPI"

GBP/USD Outlook February 25 – March 1

The British pound’s woes continue as GBP/USD, shed another 300 points for the second week running. The pair closed at 1.5162. This week’s major events include GDP and Manufacturing PMI. Here is an outlook of the events and an updated technical analysis for GBP/USD.

The markets continue to be concerned about the UK economy, which recorded a decline in Q4 of 2012. As well, the Bank of England released a pessimistic Inflation Report, waring that inflation will be above the central bank’s target of 2.0% until 2015. The pound took another jab on Friday, as the Moody’s rating agency downgraded the UK credit rating to AA1 from AAA.

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Forex Daily Outlook January 31 2013

Forex Daily Outlook January 31 2013

Unemployment Claims in the US and GDP in Canada are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, weekly measurement to value the individuals that filed for unemployment insurance for the first time, 362K is likely now from 330K on the previous week. Later in the US,  Employment Cost Index, [&hellip

GBP/USD Outlook Jan 28 – Feb 1

GBP/USD Outlook Jan 28 – Feb 1

GBP/USD was down slightly this week, as the pair closed just below the 1.58 line, at 1.5795. The pound has now shed 450 points against the US dollar since the beginning of the year. There are only four events scheduled in the upcoming week, with the highlight being Manufacturing PMI. Here is an outlook of the events and an [&hellip

Forex Daily Outlook January 3 2013

Forex Daily Outlook January 3 2013

ISM Non-Manufacturing PMI in the US and Unemployment Rare in Canada are the main events today.  Here is an outlook on the market-movers awaiting us In the US, FOMC Meeting Minutes the detailed from FOMC’s recent meeting that provides information on the interest rates economic and financial conditions. Later in the US, Unemployment Claims, the [&hellip

GBP/USD Outlook Dec 31 2012 – Jan 4 2013

GBP/USD Outlook Dec 31 2012 – Jan 4 2013

GBP/USD showed some movement, but for the second straight week, the pair was unchanged at the close of the week, ending the trading week at 1.6152. Manufacturing, Services and Construction PMIs are the highlight of the week. Here is an outlook of the events and an updated technical analysis for GBP/USD. The only UK release last week was within expectations, and [&hellip

Forex Daily Outlook December 27 0 2012

Forex Daily Outlook December 27 0 2012

Unemployment Claims in the US and BBA Mortgage Approvals in the UK are the main events lined up. Let’s see what awaits us today. In the US, Unemployment Claims, the unemployment insurance that has been filed on the last week for the first time, 365K is predicted now from 361K on November. Later in the [&hellip

Forex Daily Outlook November 29 2012

Forex Daily Outlook November 29 2012

Unemployment Claims in the US and CBI Realized Sales in the UK are the main events today.  Here is an outlook on the market-movers awaiting us In the US, Prelim Gross Domestic Product (GDP), value all goods and services that the economy produced over the last quarter2.8% is likely, rise of 0.8% from the previous [&hellip

GBP/USD Outlook Nov. 26-30

GBP/USD Outlook Nov. 26-30

GBP/USD broke out of narrow range trading as the pair gained over once cent on the week. The pair pushed above the 1.60 line, closing at 1.6024. The upcoming week has eight events. Here is an outlook of the upcoming events, and an updated technical analysis for GBP/USD. GBP/USD pushed higher, bolstered by some solid numbers out of the [&hellip

Forex Daily Outlook November 1 2012

Forex Daily Outlook November 1 2012

Unemployment Claims 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, Automatic Data Processing, Inc. (ADP) Non-Farm Employment Change, Estimated the employed people on the past month (not including the farming industry and government), 138K is likely now [&hellip

GBP/USD Outlook Oct 29-Nov 2

GBP/USD Outlook Oct 29-Nov 2

GBP/USD had a good week, as the pair gained close to one cent, closing  at 1.6091. The highlights of  the week are the Manufacturing and Construction PMIs. Here is an outlook of the upcoming events, and an updated technical analysis for GBP/USD. Preliminary GDP was a stellar performer, as it jumped 1.0%, its highest increase since July [&hellip