Post Tagged with: "Net Lending to Individuals"

GBP/USD Outlook July 2-6

The British pound gained slightly over one cent against US dollar, as GBP/USD closed just shy of the 1.57 mark, at 1.5698. The upcoming week has nine releases. Here is an outlook for the upcoming events, and an updated technical analysis for GBP/USD.

The pound moved up sharply at the end of last week,  following the surprise announcement at the EU Summit. At the Summit, the leaders announced measures designed to combat the debt crisis and aid struggling EZ members, notably, allowing for the direct recapitalization of banks from Euro-zone rescue funds.

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Forex Daily Outlook May 30 2012

Forex Daily Outlook May 30 2012

Pending Home Sales in the US M3 Money Supply in Europe are the main events today.  Here is an outlook on the market-movers awaiting us. In the US, Pending Home Sales, the number of under contract homes that are to be sold but still awaiting the closing deal (without new building) is due to drop [&hellip

GBP/USD Outlook May 28 – June 1

GBP/USD Outlook May 28 – June 1

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 [&hellip

Forex Daily Outlook May 2 2012

Forex Daily Outlook May 2 2012

ADP Non-Farm Employment Change in the US and Construction 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, the estimated number of employed people on the last month (not including the farming industry and government), [&hellip

GBP/USD Outlook April 30 – May 4

GBP/USD Outlook April 30 – May 4

The British pound continued to impress, as GBP/USD climbed another 130 pips, closing the week at 1.6250. The upcoming week has six releases, including three key PMI releases. Here is an outlook for the upcoming events, and an updated technical analysis for GBP/USD. GBP/USD moved higher this week, as the pound continues to do very well against the dollar in 2012.The [&hellip

Forex Daily Outlook March 29 2012

Forex Daily Outlook March 29 2012

Unemployment Claims in the US and GfK Consumer Confidence in the UK are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, The individuals that filed for unemployment insurance over the past week for the first time, due to rise up from 348K to 351K this week. More in the [&hellip

GBP/USD Outlook March 26-30

GBP/USD Outlook March 26-30

After a strong surge last week, GBP/USD was unable to break out of range, and closed at 1.5858. The upcoming week is quite busy, with nine releases. Here is an outlook for the upcoming events, and an updated technical analysis for GBP/USD. With the the debt crisis still weighing on various European countries, and a slow improvement in [&hellip

Forex Daily Outlook February 29 2012

Forex Daily Outlook February 29 2012

Prelim GDP and Fed Chairman Bernanke Testifies in the US are the main events today.  Here is an outlook on the market-movers awaiting us In the US, Ben Bernanke, Federal Reserve Chairman is about to testify in Washington DC. More in the US, Prelim Gross Domestic Product (GDP),the  widest quarterly measurement of monetary activity that [&hellip

GBP/USD Outlook Feb. 27 – March 2

GBP/USD Outlook Feb. 27 – March 2

GBP/USD was unchanged over the week, although the pair did drop over 200 pips before rebounding, to close at the 1.5870 level. The upcoming week has six releases. Here is an outlook for the upcoming events, and an updated technical analysis for GBP/USD. British GDP contracted by 0.2% in Q4 of 2011, and business investment plunged by [&hellip

Forex Daily Outlook January 31 2012

Forex Daily Outlook January 31 2012

US CB Consumer Confidence  and Canadian GDP are the major events today.  Here is an outlook on the market-movers awaiting us In the US, CB Consumer Confidence increased more than predicted to 64.5 in December from 55.2 in November indicating an elevated confidence among households. A further improvement to 68.2 is expected now. More in [&hellip