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Forex Daily Outlook – October 7 2011

Forex Daily Outlook – October 7 2011

Non-Farm Employment Change in the US and Halifax HPI in the UK are the major events this day. Here is an outlook on the market-movers awaiting us.  In the US, Unemployment Rate, important monthly measurement to rate the all work force by Percentage that are looking for employment, 9.1% is forecasted similar to the previous

GBP/USD Outlook – October 3-7

GBP/USD Outlook – October 3-7

The British pound managed to correct its falls very nicely. The upcoming week will be much more challenging: the fourth quarter begins with many key indicators, and a rate decision that will be closely watched. Here is an outlook for the British events, and an updated technical analysis for GBP/USD. Britain managed to distance itself from the worsening debt

Forex Daily Outlook – September 9 2011

Forex Daily Outlook – September 9 2011

Canadian Employment data and the G7 meeting are the major events this day. Here is an outlook on the market-movers awaiting us. In the US, Wholesale Inventories. The value of merchandise inventory increased less than predicted in June rising 0.6% after an increase of 1.7% in the previous month. A rise of 0.8% is expected

GBP/USD Outlook – September 5-9

GBP/USD Outlook – September 5-9

Continuing last week’s reversal the British pound fell further against the dollar this week.  This week is very busy, with the rate decision in the limelight. Here is an outlook for this week’s events, and an updated technical analysis for GBP/USD. Sterling lost ground as the UK reported a lower August manfacturing PMI and a

Forex Daily Outlook – August 16 2011

Forex Daily Outlook – August 16 2011

Building Permits in the US and German Prelim GDP in Europe are the main events lined up.  Let’s see what awaits us today. In the US, Building Permit, main measurement to value the ת Annualized number of new residential construction permits that were issued on the previous month, 0.61M is predicted, similar to 0.62M on

NZD/USD Outlook – August 15-19

NZD/USD Outlook – August 15-19

The New Zealand dollar suffered from the global turmoil and traded lower, in an unusually choppy manner. Producer price index is the major event this week. Here’s an outlook for the events in New Zealand, and an updated technical analysis for NZD/USD Last week small drops in Business NZ Manufacturing Index decreasing to 53.2 from 54.3  and REINZ house

Forex Daily Outlook – August 5 2011

Forex Daily Outlook – August 5 2011

Non-Farm Employment Change in the US and Building Permits in Canada are the major events this day. Here is an outlook on the market-movers awaiting us. In the US, Non-Farm Employment Change, monthly report to measure the employed peoples excluding the farming business, significant raise is expected from 18K on the last month to 89K

GBP/USD Outlook – August 1-5

GBP/USD Outlook – August 1-5

A very busy week awaits cable traders. Every day provides a major economic indicator to rock the pound. Here is an outlook for the British events, and an updated technical analysis for GBP/USD. The British economy continued growing in Q2, by 0.2%. This slow growth rate was cheered by the pound, due to fears that

GBP/USD Edges Higher as British Producer Prices Surprise With a Rise

GBP/USD Edges Higher as British Producer Prices Surprise With a Rise

British PPI Input rose by 0.4%. Early expectations stood on a modest gain of 0.1%. GBP/USD is now ticking up, but is still capped by resistance. Pound/dollar is now at 1.5975, a bit higher than earlier. It got closer to 1.60, but this line is firm. This rise isn’t likely to cause the BOE to

Forex Daily Outlook – July 8 2011

Forex Daily Outlook – July 8 2011

Unemployment Rate in the US and PPI Input in the UK are the major events this day. Here is an outlook on the market-movers awaiting us. In the US, Unemployment Rate, measurement to value the unemployed work force in percentage that is  all work force that is Percentage of the total work force that is