Post Tagged with: "Philly Fed Manufacturing Index"
Forex Weekly Outlook February 13-17
After some temporary attention to the US, the focus certainly returned to Athens in a very busy week, that left the greenback almost unchanged. Apart from Greek news, we have GDP in the euro-zone and Japan, employment figures in the UK and Australia, and the FOMC Meeting Minutes as the main events lined up this
EUR/USD Jan. 19 – Breaks Above Strong Resistance on Greek Hope, Strong Auctions
Euro dollar is currently above important resistance, as hope for some new deal in Greece, a positive comment from the ECB and further IMF help is emerging. In the debt front, Spain exceeded funding targets once again, and also France had a good auction as well. Will this be sufficient to support the break? Today is
Forex Daily Outlook January 19 2012
Unemployment Claims & Building Permits in the US are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, weekly report to value the unemployed that filed for insurance, due to reduce by 10K from the last month down to 389K. More in the US, Building Permits, It’s an outstanding monthly
Forex Weekly Outlook January 16-20
The dollar made an impressing comeback at the end of a very eventful week. Will this continue? German ZEW Economic Sentiment, a rate decision in Canada, employment data in Australia and US housing figures are the highlights of this week. Here is an outlook on the main events in the week ahead. Last week, the
EUR/USD Dec. 15 – Good News But No Recovery
Euro dollar is stabilizing around 1.30, yet again licking the wounds after a fall. The Swiss authorities didn’t chose to weaken the franc against the euro, and this weighed on the single currency. On the other hand, better than expected PMIs and a very successful bond auction in Spain helped the pair stabilize. This is a
Forex Daily Outlook December 15 2011
Unemployment Claims and PPI in the US are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, measures the unemployment insurance that was filed on the last month, predicted to rise by 8K up to 389K More in the US, Treasury International Capital (TIC), Long-Term Purchases, value the difference between foreign
Forex Weekly Outlook December 12-16
The highly anticipated EU Summit provided mixed results, and currencies remained mixed after a volatile week. The focus now moves to the other side of the Atlantic – to the FOMC decision. In addition, we have German ZEW Economic Sentiment, US retail sales, and Unemployment claims as important market movers this week. Here is an
Forex Daily Outlook November 17 2011
Unemployment Claims in the US and Retail Sales in the UK are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, weekly report to value the persons that filed for joblessness insurance, rise is predicted from 390K up to 396K. More in the US, Building Permits, monthly indicator of forthcoming
Forex Weekly Outlook November 14-18
Despite all the extreme action, the dollar ended week little changed. Euro-Zone German ZEW Economic Sentiment, US PPI, US Philly Fed Manufacturing Index and US Unemployment Claims are the upcoming featured events this week. Here is an outlook on the main market-movers. Last week Italy became the main player in the EU debt crisis scene
EUR/USD Oct. 20 – Drifts Lower in Channel as Summit Hopes Fade
Euro dollar good moody again after a mini-summit in Frankfurt failed to produce the necessary headlines and hope for a grand plan in the bigger summit on Sunday. Some of the proposes may be a violation of the Maastricht treaty. It’s trending lower within a channel. Protests in Greece continue as the parliament is set to