Post Tagged with: "Pending Home Sales"
EUR/USD Sep. 29 – Continues Seeing the Bright Side of Life
Euro dollar is pushing higher once again, recapturing the broken uptrend line. Optimism about a wide approval of the new EFSF powers in Germany, a big drop in unemployment there and end of month / quarter flows aid the pair. Will we see a really big move higher? There are quite a few events today. Here’s
Forex Daily Outlook – September 29 2011
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,
EUR/USD: Trading the US Pending Home Sales Release
The Pending Home Sales Index is a leading indicator of housing activity. The index is released in the first week of each month, and provides analysts with an early glimpse of consumer demand and confidence. A higher reading than that forecast is good for the dollar. Here are all the details, and 5 possible outcomes
Forex Weekly Outlook –September 26-30
This was a week to forget for stock markets, but certainly a week to remember for dollar bulls, as the dollar returned to strength last seen 7 months ago. German Ifo Business Climate, US housing data and Unemployment are the major events this week. Here is an outlook on the upcoming market-movers. Last week Bernanke announced $400
EUR/USD Aug 29 – Breakout Attempt Failed
Euro dollar kicked off the week with a move above the range and reached a one month high. This was short lived, and the pair is back in range. European worries are growing in two fronts: the stability of the European banking system and the passage of the new powers for the bailout funds are in
Forex Daily Outlook – August 29 2011
We start the week with some interesting events Pending Home Sales in the US Jean-Claude Trichet; speech and more. Let’s see what awaits us today. In the US, Pending Home Sales, report that released monthly to measure the homes that are under contract to be sold, reductions from 2.4% on July to -0.8% this month.
Forex Weekly Outlook – Aug 29 – Sep 2
We ended the week with QE3 off the table. Or is it? US housing data, and Consumer confidence, US FOMC Meeting Minutes, Canadian and Swiss GDP, US employment data including NFP are just a few of the interesting events awaiting us this week. Here is an outlook on the major market-movers ahead. Last week US durable goods
EUR/USD July 28 – Ranging Lower as Debt Looms Over Both Currencies
Euro dollar is trading in a narrow and lower range, after it became clear that the tools that the EU has to fight the debt crisis are limited. Another disappointing employment report from Germany doesn’t help either. In the US, the “drop dead date” is getting closer, with an ongoing political deadlock. We have a few
Forex Daily Outlook – July 28 2011
Unemployment Claims & Pending Home Sales in the UK are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, weekly valuation of the new unemployed that were asking for insurance, droop down from 418K last week to 413K this week is expected. Later in the US, Pending Home Sales, important
USD/JPY: Trading the US Pending Home Sales
This important housing sector indicator proved to be a significant market mover yet again, and the upcoming publication is likely to be exciting as well. Here are the details towards the release, and 5 likely scenarios for USD/JPY. Published on July 28th, at 14:00 GMT. Indicator Background This indicator reflects the change in the amount