Building Consents 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, monthly survey to rate the present and upcoming financial conditions with labor availability etc., rise is expected from 39.8 on October up to 43.8 this time.
Read the rest of the article Forex Daily Outlook November 29 2011
The British pound couldn’t escape the European debt crisis, and the discussion about more QE in Britain. The upcoming week consists of two important PMIs among other figures. Here is an outlook for the upcoming events, and an updated technical analysis for GBP/USD. British bonds did enjoy the failed German bond auction, but this wasn’t enough to
We start the week with some interesting events such as Chicago PMI in the US and GDPÂ in Canada as the main highlight on today’s outlook. Let’s see what awaits us today. In the US, Chicago Purchasing Managers’ Index (PMI); monthly managers in Chicago survey to value the business conditions for employment, new orders etc.
The British pound shared the fate of the euro, and enjoyed a very strong ride. The upcoming week is very busy, with the first release of Q3 GDP being the highlight. Here’s an outlook for the upcoming events, and an updated technical analysis for GBP/USD. The pound also enjoyed a relatively small current account deficit. This provided
Pending Home Sales in the US and Nationwide HPI in the UK are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, weekly measurement of the persons that filed for unemployment cover, reduces from 423K on the last week to 420K this time. Later in the US, Pending Home Sales,
The British pound had another week of suffering. Where will it find a bottom? The upcoming week leans towards housing indicators. Here is an outlook for the British events, and an updated technical analysis for GBP/USD. Britain is getting closer to another round of QE, perhaps as early as next month. This is what was
FOMC Meeting Minutes in the US and RMPIÂ in Canada are the main events lined up. Â 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
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
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
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