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Forex Daily Outlook – August 30 2011

Forex Daily Outlook – August 30 2011

FOMC Meeting Minutes in the US and RMPI in Canada are the main events lined up.  Let’s see what awaits us today. In the US, Federal Open Market Committee (FOMC) Meeting Minutes, full record of the FOMC’s last meeting, regarding interest rates financial conditions. Later in the US, The Conference Board (CB) Consumer Confidence, Survey (5,000

GBP/USD  Outlook – Aug. 29 – Sep. 2

GBP/USD Outlook – Aug. 29 – Sep. 2

The British pound reversed its gains and closed lower. Is this the beginning of a long term move? The upcoming week consists of important PMI figures, among other data. Here is an outlook for this week’s events, and an updated technical analysis for GBP/USD. The “safe haven” status that the pound managed to gain is

Forex Daily Outlook – July 29 2011

Forex Daily Outlook – July 29 2011

Advance GDP in the US and Nationwide HPI in the UK are the major events this day. Here is an outlook on the market-movers awaiting us. In the US, Advance Gross Domestic Product (GDP), quarterly index to measure the inflation-adjusted value of all services and goods manufactured by the economy; small reduce to 1.6% this

GBP/USD Outlook – July 25-29

GBP/USD Outlook – July 25-29

The British pound made upwards in the past week. Will this continue? The first release of GDP for Q2 will draw a lot of attention in the upcoming week. Here is an outlook for the upcoming events, and an updated technical analysis for GBP/USD. The pound enjoyed the relief rally after the positive result of

Forex Daily Outlook – June 29 2011

Forex Daily Outlook – June 29 2011

Pending Home Sales in the US and Core CPI in Canada are the main events today.  Here is an outlook on the market-movers awaiting us In the US, Pending Home Sales, Pending Home Sales, Monthly measurement of homes with active agreement to be sold, not including new building, a significant rise is expected from -11.6%

GBP/USD Outlook – June 27 – July 1

GBP/USD Outlook – June 27 – July 1

The pound got a beating but managed not to fall to a 5 month low. The upcoming week is very busy with key figures from many sectors. Here is an outlook for the British events, and an updated technical analysis for GBP/USD. One of the main reasons for the fall came from the meeting minutes.

GBP/USD Outlook May 30 – June 3

GBP/USD Outlook May 30 – June 3

The pound managed to make its way up, riding on the greenback’s weakness. The upcoming week consists of key PMI figures. Is the economy still slowing? Here’s an outlook for the major market movers and an updated technical analysis for GBP/USD. Q1 growth was confirmed at 0.5%, but the overall picture is still worrying. Realized

GBP/USD Outlook for May 2-6

GBP/USD Outlook for May 2-6

The British pound enjoyed the greenback’s weakness for further gains. This week, the pound will be tested at home. No less than 12 events are expected now, including key PMI figures as well as the rate decision. Here’s an outlook for these events and an updated technical analysis for GBP/USD. The main downer of the

British Contraction Slightly Better – Pound Unimpressed

British Contraction Slightly Better – Pound Unimpressed

The final release of British GDP was slightly better than the second one, but in line with the first – the economy squeezed by 0.5% in Q4 of 2010. GBP/USD doesn’t cheer up. The bad weather that the UK experienced towards the end of 2010 contributed to fall, but it’s apparent that the economy would

Forex Daily Outlook – March 29 2011

Forex Daily Outlook – March 29 2011

CB Consumer Confidence in the US and Current Account in the UK are only a few of the highlights. Let’s see what awaits us today. In the US, The Conference Board (CB) Consumer Confidence, Survey of about 5,000 households which asks respondents to rate the relative level of current and future economic conditions including labor