Post Tagged with: "New Home Sales"
Forex Weekly Outlook –July 25-29
GDP figures from the UK, Canada and the US, US Unemployment Claims and housing data are the main market movers today. Here is an outlook on the main events ahead. The European leaders finally took serious steps towards promoting growth in the troubled countries. This provided the euro the long awaited boost. The troubles in the
EUR/USD June 23 – Falling Under Support on European Weakness, No QE3
Euro dollar continues tumbling down almost all PMIs disappointed. This adds to losses that began with the press conference of Ben Bernanke and before the European leaders meet to discuss the never ending crisis in Greece. There are quite a few more events today. Here’s a quick update on technicals, fundamentals and what’s going on in the
Forex Daily Outlook – June 23 2011
Unemployment Claims in the USA and CBI Realized Sales in Great Britain are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, weekly measurements of new unemployment claims filed by Americans over the passing week stabilized last week and forecasted to remain 414K this week. Later in the US, New
Forex Weekly Outlook –Jun 20-24
Ben Bernanke’s speech, German ZEW Economic Sentiment in the context of the Greek crisis and US Fed rate decision are the highlight of this week. Here’s an outlook for the major market-moving events. At the beginning of last week head of the ECB, Jean-Claude Trichet implied the possibility of excluding countries from the Euro-Zone in
EUR/USD May 24 – Fails to Hold on to Gains
EUR/USD fought its way up, riding on positive numbers from Germany, but couldn’t hold on to the gains and is still far from resistance and from last week’s level. Today, US figures joins in. Where will it go? Here’s a quick update on technicals, fundamentals and what’s going on in the markets. EUR/USD Technicals Asian
USD/JPY: Trading the US New Home Sales
The struggling housing sector in the US continues to draw attention and is one of the keys to a recovery. The publication of New Home Sales will rock currencies, with USD/JPY being a good barometer for this event. Here are the details and 5 possible scenarios. Published on Tuesday at 14:00 GMT. Indicator background The
Forex Weekly Outlook –May 23-27
In the past week, the dollar consolidated its recent gains. Is it ready for the next move? US Housing data, US and UK GDP, and US unemployment claims are the main events this week. Let’s review the main market-movers lined up. Last week the U.S. has nearly reached its debt ceiling of the $14.294 trillion
EUR/USD Apr. 25 – Rising Cautiously on US Debt Fears
EUR/USD is gradually moving up within range, as fears from Greece have been put on the back burner and tension towards the FOMC meeting mount and Mid-East violence weighs on the dollar. Will the pair break to higher levels, or respect the range during this thin volume trading day? Here’s a quick update on technicals, fundamentals and
Forex Daily Outlook – April 25 2011
US New Home Sales is the major market mover today. Here is an outlook on the coming events. In the US, New Home Sales measuring the number of new houses sold including prices affecting mortgage rates. A major indicator of economic conditions dropped further in February by 16.9% to 250,000. An increase is expected now.
Forex Weekly Outlook –April 25-29
US housing Data, Federal Funds Rate, Unemployment Claims and Bernanke’s speech are the major events this week. Let’s review the major market-movers coming up. The credit warning by S&P had a strong and negative effect on the US dollar, sending it down across the board. Talks about a default in Greece are also mounting. Both