Post Tagged with: "New Home Sales"
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
EUR/USD Mar. 23 – Falling on Portuguese Fears
EUR/USD could not challenge the one year high and lost some of its gains as the debt crisis returns to center stage with Portugal voting on the budget – a critical measure to avoid a bailout. It currently holds on to support. Will the pair lose it from here? Here’s a quick update on technicals,
Forex Daily Outlook – March 23 2011
Fed Chairman Bernanke Speaks in San Diego, MPC Meeting Minutes In the UK and much more. Let’s see what awaits us today. In the US, Federal Reserve Chairman Ben Bernanke, due to deliver a speech titled “Community Banking in a Period of Recovery and Change” at the Independent Community Bankers of America National Convention and
Forex Weekly Outlook –March 21-25
U.S. Housing Data, U.S. Core Durable Goods Orders and U.S. Unemployment Claims are the main events this week. Here is an outlook on the market movers lined ahead. The U.S. central bank decided unanimously to advance with its $600 billion bond-buying plan despite the considerable improvement in the economy and the job market. This statement was
EUR/USD Feb. 24 – Falling After Failed Breakout Attempt
EUR/USD failed to settle above critical resistance and its losing ground rather fast. Will it fall more or make another breakout attempt? Here’s a quick update on technicals, fundamentals and community trends. EUR/USD Technicals Asian session: Euro/Dollar jumped traded high in the Asian session, but couldn’t stay above 1.3760. Current range – 1.37 – 1.3760.
Forex Daily Outlook – February 24 2011
Very busy day especially in the US: Unemployment Claims, New Home Sales and more .Let’s see what awaits us today. In the US, Unemployment Claims, number of individuals who filed for unemployment insurance for the first time during the past week; is about to reduce by 5K. Important signal of overall economic health since consumer
Forex Weekly Outlook – February 21-25
US CB Consumer Confidence, US housing data, US Unemployment Claims are the main events this week. Here is an outlook on the major market-movers. U.S. core consumer prices rose at their quickest pace in more than a year in January gaining 0.2% the biggest climb since October 2009. Nevertheless the increase was not strong enough
EUR/USD Jan. 26 – Rising in Channel, Bound by Resistance
EUR/USD continues to rise in the wide channel, but the same resistance is holding it down. Will it break uptrend support or surge upwards? Here’s a quick update on technicals, fundamentals and community trends. EUR/USD Technicals Asian session: traded in a narrow range between 1.3660 to 1.37.. Current range – 1.3576 to 1.37. Further
Forex Daily Outlook – January 26 2011
The American rate decision, MPC Meeting Minutes in the UK and much more important events are on the agenda. .Let’s see what awaits us today. World Economic Forum (WEF) Annual Meetings. WEF annual meetings are held in Davos and attended by central bankers, prime ministers, finance ministers, trade ministers, and business leaders from over 90