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Forex Daily Outlook January 26 2012

anat — Wed, 25 Jan 2012 22:00:35 +0000

Unemployment Claims in the US and CBI Realized Sales in the UK are the major market-movers. Let see what awaits us today.

World Economic Forum (WEF) Annual Meetings – Day 2, this time is held in Davos for Bankers, Political, trade & finance Ministers and Commercial leaders from around 90 countries. Can influent market volatility.

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USD/JPY: Trading US New Home Sales

kenny — Wed, 25 Jan 2012 13:29:50 +0000

The New Home Sales Report is released towards the end of every month. A leading economic indicator, it is considered by analysts as an important measure of consumer spending. A higher reading than the market forecast is bullish for the dollar.

Here are all the details, and 5 possible outcomes for JPY/USD.

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Forex Weekly Outlook January 23-27

anat — Sat, 21 Jan 2012 10:00:27 +0000

The dollar dropped sharply in a very positive week. Is this temporary or a does it represent a big change? Initial GDP figures for the US and the UK and two rate decisions are the major events this week. Here is an outlook on the main market-movers coming our way.

The upcoming Greek debt deal certainly helped improve market atmosphere. In the US, jobless claims plunged dramatically to a nearly four-year low of 352,000 claims, 50,000 down from the prior week, while early expectations stood on 387K. The Philly Fed Index reached 7.3 points with a dominant employment factor. These good employment readings give further boost to the recovering job market. Will the job market continue to improve? Let’s start:

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EUR/USD Dec. 23 – Awaiting Last Christmas Gifts from Markets

Yohay — Fri, 23 Dec 2011 09:25:55 +0000

Euro dollar is trading in a quite manner in the middle of the range, as markets are grinding down to a halt. A downgrade for France seems like a done deal, but it still hasn’t happened. Will S&P give a Christmas present to the French Republic? Just before the week ends, we have some important indicators from the US.

Here’s an update on technicals, fundamentals and what’s going on in the markets.

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GBP/USD: Trading the US New Home Sales

kenny — Fri, 23 Dec 2011 09:12:02 +0000

The New Home Sales report is a leading indicator of housing activity. The indicator is released on a monthly basis, and helps analysts track consumer spending. A higher reading than that expected by the market is bullish for the dollar.

Here are all the details, and 5 possible outcomes for GBP/USD.

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Forex Daily Outlook December 23 2011

anat — Thu, 22 Dec 2011 22:00:02 +0000

We summarize this week New Home Sales in the US and GDP in Canada are the major events this day. Here is an outlook on the market-movers awaiting us.

In the US, New Home Sales, Monthly report to value the new sole-family households sold, due to increase from 307K on November up to 314K now.

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Forex Weekly Outlook December 19-23

anat — Sat, 17 Dec 2011 10:00:21 +0000

The US dollar reached levels last seen in January, as the European troubles continued. The week before Christmas will likely see lower volume, but there still quite a few interesting events on the agenda, with US home sales and durable goods orders being the highlights. Here is an outlook for the main market movers awaiting us this week.

Last week US unemployment claims dropped to a three year low with 366,000 initial jobless claims suggesting a real recovery trend in the job market. Another surprise coming from the Euro-Zone with an unexpected improvement in the PMI; French Flash Services rose above the 50 point line and Germany service sector expanded to 52.7 from 50.3. Will these encouraging trends continue this week? Let’s Start

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Forex Daily Outlook November 28 2011

anat — Sun, 27 Nov 2011 22:00:47 +0000

We start the week with some interesting events like New Home Sales in the US and Inflation Report Hearings in the UK as the main highlight on today’s outlook. Let’s see what awaits us today.

In the US, New Home Sales, monthly indicator to value the number sold households, 313K is likely with no change from the previous month.

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Forex Weekly Outlook Nov. 28-Dec. 2

anat — Sat, 26 Nov 2011 10:00:42 +0000

This was the week that the euro got a very serious blow, with the failed German auction. Trouble reached the core of the core. The “safe haven” US dollar enjoyed the mess and made gains across the board. Will this continue? Non-Farm Payrolls are the highlight of this week, that also features other major US figures and Canadian employment figures. Here is an outlook on the main events.

Apart from the debt crisis, figures around the globe have been mixed. The drop in Chinese manufacturing PMI was worrying, but German Business Climate provided a rather rare positive surprise with an addition of 0.2 points reaching 106.6 and in the US, Core Durable Goods Orders increased by 0.7%, well above expectations, also Unemployment claims remained below the 400,000 line reaching 393,000, broadly within expectations.

Read the rest of the article Forex Weekly Outlook Nov. 28-Dec. 2

EUR/USD Oct. 26 – All Eyes on EU Summit

Yohay — Wed, 26 Oct 2011 09:11:05 +0000

Euro dollar is now in an even narrower range towards the second EU Summit later in the day. There are big doubts if any meaningful decisions will come out of this decision. Some numbers are set to be absent and yet another summit is on the cards. We have important US figures as well today.

Here’s a quick update on technicals, fundamentals and what’s going on in the markets.

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