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Forex Daily Outlook – June 14 2010

We start the week with a speech by James Bullard, New Motor Vehicle Sales, Retail Sales in New Zealand and more; let’s see what awaits us this today.. In the US, Federal Reserve Bank of St Louis President James Bullard, delivers a speech titled “The Global Recovery and Monetary Policy” at the Institute of Regulation

USD/CAD Outlook – June 14-18

USD/CAD Outlook – June 14-18

Many economic figures are released in Canada in the upcoming week, but the highlights will be two appearances by Mark Carney, head of the BOC. Here’s an outlook for the Canadian events, and an updated technical analysis for USD/CAD, now at lower levels. USD/CAD graph with support and resistance lines on it. Click to enlarge:

Forex Daily Outlook – May 24 2010

In the US a rise in the Existing Home Sales, and Sandra Pianalts (US) and Speaks at the Ohio Northern University, in Great Britain Adam Posen speeches are affecting the nation’s key interest rates. Let’s see the other interesting news up for today In the US, Existing Home Sales, date about home resales that released

AUD/USD Outlook – May 24-28

AUD/USD Outlook – May 24-28

Everything turned against the Aussie, and it closed a terrible week with a loss of about 550 pips. The upcoming week consists of 5 events that will move the Aussie, and an updated technical analysis for AUD/USD, now at lower ground. AUD/USD chart with support and resistance lines marked. Click to enlarge: Indications for a

Forex Daily Outlook – May 14 2010

Consumer confidence is rising and so is Industrial Production and Capacity Utilization Rate showing a good climate in the US market. In Canada, BOC Deputy Governor John Murray speaks in Ottawa and Manufacturing Sales are up showing an overall positive air to the leading economies. Let’s see what’s on the menu today. In the US,

Forex Daily Outlook – April 22nd 2010

A very busy day expects forex traders, Flash Manufacturing PMI and Services PMI influence on Europe; let’s see what’s awaiting us today. Group of Twenty (G20); while it’s not an institution, the G20 is an influential global policy-making body operating at the highest level, and their initiatives and policies can impact the currency markets

AUD/USD Outlook – April 19-23

AUD/USD Outlook – April 19-23

After a strong start, the Aussie surrendered to the Goldman Sachs news and closed the week lower. The upcoming will consist of the RBA’s meeting minutes among other events. Here’s an outlook for the Australian events and an updated technical analysis for AUD/USD. AUD/USD graph with support and resistance lines on it. Click to enlarge:

Forex Daily Outlook – March 22nd 2010

The calendar is light on Monday. Trading will be mostly affected by Friday’s dollar strength and by speeches from key figures: Geithner, Trichet and King. Let’s see what’s awaiting us. Don’t worry. The action returns on Tuesday with major releases all around the world. Check out the forex weekly outlook details on the major events.

AUD/USD Outlook – March 22-26

AUD/USD Outlook – March 22-26

After testing higher ground, the Aussie finished the week almost unchanged. The upcoming sees a speech by the RBA governor among other events. Here’s an outlook for the Australian events and an updated technical analysis for AUD/USD. AUD/USD graph with support and resistance lines marked. Click to enlarge: The Australian dollar indirectly enjoyed the unwinding

Forex Daily Outlook – February 22nd 2010

There’s a busy week ahead, but Monday’s calendar is quite light. Here’s an outlook for the few events and the factors that will impact trading. Ben Bernanke shocked the financial markets near the end of last week with a hike of the interbank discount rate. While Federal Reserve officials downplayed this move and announced it