Post Tagged with: "Personal Spending"
Forex Daily Outlook – October 30th 2009
The month of October ends with many economic indicators around the world, with Canadian GDP standing out. Let’s see what’s on the menu today. In Britain, GfK Consumer Confidence rose to -13, better than expected but still in the negative zone. Nationwide HPI rose only by 0.4%, less than expectations. GBP/USD now trades at 1.6550.
Forex Daily Outlook – October 1st 2009
American figures dominate the scene on the first day of the last quarter. Unemployment Claims, Pending Home Sales and Ben Bernanke will stand out. There are many other releases today, including two unemployment rate figures. Let’s see what’s up for today: German Retail Sales started the day with a serious fall of 1.5%, after last
Forex Daily Outlook – August 28th 2009
The last day of the week is highlighted by Britain’s GDP. And there are various releases from all the world. Let’s see what’s up for today: The first figure for today is bid: Britain posts its Revised GDP for the second quarter of 2009. Economists don’t expect a change from the initial read of a
Forex Weekly Outlook – August 24-28 2009
The last week of August brings revised GDP figures in the US and Britain, Durable Goods Orders and more important releases. What will be the dollar’s direction this week? Here’s the weekly outlook. The US dollar made some late gains on Friday afternoon. The Jackson Hole conference going on during the weekend, with the positive feeling
Forex Daily Outlook – August 4th 2009
A rate decision in Australia and American Pending Home Sales are the main events for today. There are other interesting figures for today. Let’s see what’s on the menu: Australian Retail Sales bring a strong start to the day. They’re expected to rise by 0.5%, less than last month’s 1% climb. But this is only
Forex Weekly Outlook – August 3-7 2009
The first week when the new NFA rules are in effect is also packed with many major indicators. Rate decisions in Australia, Britain and Europe are the hottest events until Friday Non-Farm Payrolls – king of forex. There are lots more important events in the first week of August. Last week closed with GDP for
Forex Weekly Outlook – June 22-26 2009
The two day FOMC meeting will draw most of the attention this week. Will Bernanke hint anything about future rate changes? Also this week, home sales figures in the US, PMI data in Europe and important British figures will shake the market. And of course, the Iranian election crisis is still with us. Here are
Forex Weekly Outlook – March 23-27 2009
The upcoming forex week has many interesting figures. Britain will get the limelight with lots of important releases: CPI, Nationwide HPI, Retail Sales and more. In the US, Core Durable Goods Orders and Home Sales will be major. Also note New Zealand’s GDP and the German Ifo Business Climate. Let’s see what’s due for us this week. Will
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