Post Tagged with: "Philly Fed Manufacturing Index"
Forex Daily Outlook – October 20 2011
Existing Home Sales 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, value the persons that on the first time filed for unemployment insurance over the passing week, rise of 1K is expected up to 405K. Later in the US,
Forex Weekly Outlook – October 17-21
A week of optimism left the dollar and the yen much lower. Will this continue? Or was it just a temporary correction? German ZEW Economic Sentiment, Ben Bernanke’s speech and US employment claims are a few of the market movers awaiting us this week. Here is an outlook on the major events. Despite downgrades for
EUR/USD Sep. 15 – Rising in Upper End of Channel, Enjoying Swiss Moves
Euro dollar continues moving forward at the high end of a distinct uptrend channel. Hopes for a prevention of a Greek default, eurobonds and a small push from the SNB all help the euro, as it approaches critical resistance. We have a big bulk of US news today – important information towards the FOMC meeting next
Forex Daily Outlook – September 15 2011
US inflation data, Unemployment claims and Philly Fed Manufacturing Index are the main highlight on today’s outlook. Let’s see what awaits us today. In the US, Inflation rate, Headline inflation increased by 0.5% in July following 0.2% decrease in the previous month. This reading was above the 0.2% increase predicted. Meanwhile, Core prices increased by
Forex Weekly Outlook –September 12-16
A dramatic week with a dramatic ending sent the dollar to levels unseen for many months. Will this continue? US retail sales; PPI, inflation rate Unemployment rate and consumer sentiment are the main market-movers this week. Here are the main events awaiting us ahead. Last week Jean-Claude Trichet has announced at the last ECB press
EUR/USD Breaks Support on Horrible US Data
Euro/dollar extended its losses and fell below support as the US reported bad figures: the Philly Fed Manufacturing Index plunged to -30.7 points – a very low point. Estimations were for a positive number. Existing home sales fell to a pace of 4.67 million, lower than 4.91 million expected. The plunge in the Philly index very
EUR/USD Aug 18 – Cannot Hold onto Higher Range
Euro dollar is sliding within range after a move to a higher range didn’t work out. While Spanish and Italian bonds continue falling, the lack of growth in the euro-zone is a heavy weight on the common currency. Will it make a big dive, or is it taking a pause before the next rise?A big bulk
Forex Daily Outlook – August 18 2011
Existing Home Sales in the US and Retail Sales in the UK are the major market-movers. Let see what awaits us today. In the US, Consumer Price Index (CPI), measurement to value the goods and services prices, a raise -0.2% to 0.2% is forecasted this month. Meanwhile the Core CPI (excluding food and energy) is
Forex Weekly Outlook –August 15-19
Another week of extreme news, movements and interventions is behind us. Will the next week be more stable? US Unemployment claims, Housing data and Philly Fed Manufacturing Index are the highlights of this week. Here is an outlook for the major market-movers awaiting us this week. Last week The US economy has lost its perfect
EUR/USD July 21 – Falling Sharply As a Greek Default Replaces Hope
Euro dollar rose to resistance on talks about a positive outcome for the EU Summit. This was dampened by fresh indicators showing a further slowdown in the euro-zone and a big confusion about the details of the agreements, and it now seems that a Greek default is going to be agreed by the leaders. Details are