Post Tagged with: "NBB Business Climate"
EUR/USD Outlook January 23-27
Euro/dollar had a very positive week, riding on new hope for the old continent. Is this a desired correction, or a change in trend?The euro-zone will now receive fresh growth indicators, an important survey and other events. Here is an outlook for the upcoming events, and an updated technical analysis for EUR/USD. After talks about the
EUR/USD Dec. 21 – Enjoying High Ground After the Grand ECB Operation
Euro dollar is on high ground, breaking the critical line it lost last week. that was a huge success: over 489 billion euros. This is an indirect form of QE, which helps sovereigns by encouraging banks to buy sovereign debt. Will this operation provide a long term ssalvation? Or is it a move upwards before another
EUR/USD Outlook December 19-23
Euro/dollar finally gave in to all the bad news and fell to levels last seen in January. Will we see a new year to date low, or will trading calm down from here? We have quite a few events just before the Christmas holiday. Here is an outlook for these events and an updated technical analysis for
Forex Daily Outlook November 24 2011
Revised GDP in the UK and Ifo Business Climate in Europe are the major market-movers. Let see what awaits us today. In Canada, Corporate Profits is due to stay -4.9% similar to the last quarter. For more on USD/CAD, read the Canadian dollar forecast. In Europe, German Information and Forschung (Ifo) Business Climat, measures the monthly
EUR/USD Outlook November 21-25
Euro/dollar continued lower in a week that saw continued pressure in bond markets and a growing need for serious ECB intervention. The upcoming week consists of 7 events. Here is an outlook for these events, and an updated technical analysis for EUR/USD, now in lower ground. Fresh GDP figures have shown that the recession hasn’t arrived
EUR/USD Outlook November 14-18
Euro/dollar sank together with Berlusconi, but managed to recover some of its losses. Where is it headed now? GDP figures are the highlights of the upcoming week. Here is an outlook for the market moving events, and an updated technical analysis for EUR/USD. Italian yields crossed the “bailout barrier” of 7% and this alarmed the markets.
EUR/USD Oct. 25 – Choppy in High Range Before Second Summit
Euro dollar is trading in high range as tension mounts towards the second EU Summit. A lot depends on the size of the leveraged bailout fund, as well as the size of the Greek haircut. Here’s a quick update on technicals, fundamentals and what’s going on in the markets. EUR/USD Technicals Asian A quiet session sees
Forex Daily Outlook – October 25 2011
CB Consumer Confidence in the US and Current Account 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 (around 5,000 homes) to rate the present and upcoming financial conditions and overall economic conditions, rise up to 46.2 points
EUR/USD Outlook – October 24-28
Euro/dollar lost a lot of ground as serious doubts about European seriousness came to light. Apart from the all-important EU Summit during the weekend and the apparent follow up on Wednesday, we have quite a few important indicators, with PMI numbers in the limelight.Here is an outlook for the market moving events, and an updated technical
EUR/USD Sep. 23 – Refocusing on Greece and Attempting Recovery
Euro dollar is settling in a lower range after hitting a 7 month low in the post Bernanke crash. An option of a big Greek haircut is floating around as the troika and the debt struck country are still negotiating . How will this wild week end? Here’s a quick update on technicals, fundamentals and what’s going on