Post Tagged with: "Personal Spending"
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.
EUR/USD Aug 2 – Falling to Low Support as Spain and Italy Are Beaten
Euro dollar is now trading in a lower range, close to critical support, as Spain and Italy suffer in the bond markets. The euro also suffers from risk averse trade, as all signs point to a significant slowdown. Will it break to lower ground? Or recover from here? Here’s a quick update on technicals, fundamentals and
Forex Daily Outlook – August 2 2011
Personal Spending in the US and Halifax HPI in the UK are the main events lined up. Let’s see what awaits us today. In the US, Personal Spending, monthly measurement for the total Spending value, is about to rise to 0.2%. Meanwhile on the Personal Income no change from 0.3% is forecasted. Later in the
EUR/USD June 27 – Recovering As Private Sector Agrees On Greek Restructuring
Euro dollar is now moving higher ahead of the critical votes in the Greek parliament, that have been postponed. A banking conference in Rome is discussing “volunteering” of the private sector to restructure Greek debt, while some leaders begin playing down the impact of a Greek default. We have a few US indicators to start
Forex Daily Outlook – June 27 2011
We start the week with some interesting new in the USA, Core PCE Price Index; Personal Spending & Income are some of the main highlight on today’s outlook. Let’s see what awaits us today. In the US, Personal Spending, important financial indicator that measures the amount of customer spending on the past month, further reduce
EUR/USD Apr. 29 – Approaching Resistance On High Inflation
EUR/USD moves towards the high end of the range, as European inflation exceeds expectations, and Bernanke’s weight is still felt on the dollar. Here’s a quick update on technicals, fundamentals and what’s going on in the markets. EUR/USD Technicals Asian session: Quiet session sees Euro/Dollar climb gently from 1.4820 towards 1.4850. Current range – 1.4770
Dollar Slightly Stronger on Better Personal Spending
Personal spending, an important gauge of consumer confidence in the US, rose by 0.7%, slightly better than 0.6% that was expected. The dollar is slightly stronger, with EUR/USD at important support. This 0.7% rise in personal spending comes on top of a rise of 0.3% recorded last month – the figure was revised to the
EUR/USD Mar. 28 – Bounces Off Support As Bad News Comes from Europe
EUR/USD started the week with a Sunday gap at the important support line, as bad news flows from Europe and important US data is due later today. Here’s a quick update on technicals, fundamentals and community trends. EUR/USD Technicals Asian session: After opening with a weekend gap, EUR/USD stabilized higher above support at 1.4058. Current
Forex Daily Outlook – March 28 2011
We start the week with Pending Home Sales in the US, ECB President Jean-Claude Trichet in Paris and much more. Let’s see what awaits us today. In the US, Pending Home Sales, homes under contract to be sold but still awaiting the closing transaction, excluding new construction; is about to rise by 2.8%. Triggers a