Post Tagged with: "PPI Input"
Forex Daily Outlook – June 5th 2009
This wild week reaches the climax today with Non-Farm Payrolls – king of forex indicators. Also note the Canadian unemployment figures and British PPI. Here goes: Swiss CPI is expected to remain low – After rising by 0.9%, it’s expected to slip to 0.2%. Currently USD/CHF is moved mostly by the dollar and not Swiss
Risk Aversion Turns the Market Over
After the dollar retreated on all fronts, it made a huge comeback in the last 24 hours on fears that the recovery is not near at all. Review of the turnaround and a look towards the final battle. Ben Bernanke went to testify in Washington. Despite very careful wording, he expressed pessimism. Recovery isn’t as
Britain’s Got Talent? Pound Outlook
After swinging and dancing, the British Pound finished the week almost 300 pips higher. With no significant technical hurdles, only a comeback of the dollar or bad British data can stop it. And what data awaits the Pound? Here are 5 key events to watch for: Halifax HPI, Manufacturing PMI, Services PMI, PPI and of
Forex Daily Outlook – May 18th 2009
The week starts slowly, with Canada being on holiday, and not too many indicators standing out. Still, there are some events that might move the markets. Let’s see what’s up for the start of the new trading week: New Zealand’s PPI Input starts the forex trading week, actually on Sunday, just before midnight. It’s expected
Forex Weekly Outlook – May 18-22 2009
It’s an interesting week ahead in forex: GDP figures in Britain and Japan, CPI in Britain and Canada and American Building Permits in the US are the highlights this week. Let’s see what other major indicators are due this week. Sunday, May 17th: Yup, important indicators start early, with the PPI Input in New Zealand.
Forex Daily Outlook – May 8th 2009
The monthly circus of Non-Farm Payrolls is with us today: expectations got better (-590K), and I believe that it’ll be even better than this. There are a few other important economic figures. Let’s dive in: Australian RBA Monetary Policy Statement will start the day. After the impressing employment data in Australia, the decision to leave interest
Forex Weekly Outlook – May 4 – 8 2009
Big week ahead in forex trading: Non-Farm Payrolls, Rate decision from Europe, Britain and Australia and employment figures from all over the globe promise an exciting week. Also note the Stress Test results. Let’s dive into the main events for this week: Monday, May 4th: Both British and Japanese banks are on holiday, so trading
Forex Daily Outlook – April 9th
Due to Good Friday, today is packed with lost of figures. The main event of today is the new British Official Bank Rate and accompanying statement. Employment figures from Australia and Canada, and Trade Balance in North America will be of interest to traders. Let’s dive into the packed calendar… Australian employment data was disappointing: Employment Change
Forex Daily Outlook – March 6th 2009
Today is the day of the monthly circus: Non Farm Payrolls will keep tensions up all day, and after it, the market might “explode”. The are a few other releases. Let’s cover them… In Switzerland, monthly CPI is expected to be almost unchanged, dropping 0.1% after last month’s fall of 0.8%. At 9:30 GMT, in
Forex Daily Analysis – February 6th 2009
Big day today in forex trading: the monthly circus of Non Farm Payrolls dominates trading today – but it’s not the only important figure. Price action has been quite wild in the last 24 hours of trading – the British pound, Canadian dollar, New Zealand dollar and Australian dollar strengthened against the dollar, while the