Post Tagged with: "Personal Income"
Forex Daily Outlook – May 3 2010
Starting the week with a variety of events. ISM Manufacturing PMI in the USD, Labor Cost Index in New Zealand and President Axel Weber speak in Frankfurt; Let see what else awaits us this day, In the US, Institute for Supply Management (ISM) Manufacturing Purchasing Managers’ Index (PMI); Survey released monthly of about 400 purchasing
Forex Daily Outlook – March 29th 2010
The new week starts with American Personal Spending among other figures from all over the world. Will EUR/USD resume the downtrend? Let’s see what will move the markets today
Forex Daily Outlook – March 1st 2010
The first day of March brings a busy calendar which isn’t typical for Mondays. Canadian GDP, European Unemployment Rate and American ISM Manufacturing PMI will stand out today. As time goes by this week, trading will be more and more influenced by the tension towards the Non-Farm Payrolls. I suggest being careful with this event.
Forex Daily Outlook – February 1st 2010
The calendar is quite busy for a Monday: the first day of February provided many figures from all over the world, with American ISM Manufacturing PMI being the highlight. Let’s see what’s up for today: Australia starts the day with many figures: the AIG Manufacturing Index is expected to rise while the MI Inflation Gauge
Forex Daily Outlook – December 23rd 2009
The eve of Christmas Eve has a few important releases: American New Home Sales, Canadian GDP and more. Some traders are already on vacation, but the markets continue to move. Let’s see what’s up for today. French Consumer Spending start the day with an expected 0.3% rise, less than last month rise. EUR/USD is falling. For more
Forex Daily Outlook – November 25th 2009
The day before Thanksgiving also brings a crowded calendar. Revised GDP in Britain and Durable Goods Orders in the US stand out. Let’s see what’s up for today: Australia starts the day with the amount of construction work. Construction Work Done is predicted to rise by 0.1% in Q3, after a drop of the same scale
Forex Daily Outlook – March 27th 2009
Bad News from Britain dominates today’s trading session. Other than that, German CPI and American Spending data will also gather attention. Let’s see what’s up. German Import Prices fell by 0.5%, more than 0.4% that was expected. The Prelim CPI in Germany will be released by the German states. Industrial New Orders in Europe are
Forex Daily Outlook – March 2nd 2009
The EU Crisis Summit didn’t provide big headlines, but Monday has a lot of important economic figures. The major ones are the British Manufacturing PMI, Canadian GDP and the American ISM Manufacturing PMI. Yes, PMI is everywhere… In PM (Purchasing Manager’s Index), a level under 50 indicates contraction. The expectations everywhere are in the 30s. Let’s see
ISM Better – But Dollar Falls
ISM Manufacturing PMI was better than expected, and scored . Surprisingly, the dollar fell against most currencies, after hitting a good start to the month. In this case, bad data meant bad news for the dollar, even though forex traders were expecting for worse data. February began with a stronger dollar, against everyone. Well, except
Forex Daily Analysis – February 2nd 2009
Trading in the Forex market began with renewed strength of the USD dollar, with an especially noticeable gain against the NZD. Today, the ISM Manufacturing PMI will be in the focus. Only the Japanese Yen doesn’t budge. USD/JPY now at 89.60. Dollar Yen correlation seems strong this morning. Ok, let’s see what is else is due: