Post Tagged with: "PPI"
EUR/USD October 4 – Losing Ground Towards Support
EUR/USD is losing ground, retracing some of the huge gains it made last week. It now approaches a support line. Does this start show the way for the rest of the week? Here’s a quick update on technicals, fundamentals, and community trends
Forex Daily Outlook – October 4 2010
We start the week with some interesting updates and news. In the US, Fed Chairman Bernanke Speaks in Providence, Halifax HPI in Britain, NZIER Business Confidence in New Zealand and much more. Lets see what awaits us today. In the US, Federal Reserve (Fed) Chairman Ben Bernanke delivers a speech titled “Fiscal Sustainability and Fiscal
EUR/USD Outlook – October 4-8
The Euro had another amazing week, breaking significant levels every day. It now faces a wide variety of releases, with the rate decision in the limelight. Here’s an outlook for the European events and an updated technical analysis for EUR/USD. EUR/USD daily chart with support and resistance lines marked. Click to enlarge: The Spanish credit
EUR/USD Sep. 17- Rising Rapidly in Steep Channel
EUR/USD continues pushing forward in a steep uptrend channel. The crowded US calendar promises an exciting close to the week. Here is a quick update on technicals, fundamentals, and community trends
No Expectations, No Disappointments – Dollar Enjoys OK Data
Weekly unemployment claims didn’t rise and even fell by 3,000. Producer prices rose marginally more than expected. This supports the dollar across the board especially helping the yen intervention. The figures released in August were disastrous – employment, home sales, durable goods order, and almost every US indicator was significantly below consensus. For the Philly PMI,
EUR/USD Sep. 16- Breaking to Higher Ground
EUR/USD broke to higher ground, rising above 1.3050. The busy US calendar promises that the action will continue. Here is a quick update on technicals, fundamentals, and community trends
Forex Daily Outlook – September 16 2010
U.S. Unemployment Claims, U.S. Producer Price Index and U.S. TIC Long-Term Purchases make the headlines today. Here is an outlook on market moving events before the close of another trading week. In the US, Unemployment Claims dropped sharply last week to 451K. A rise to 463K is expected. Only a drop under 430K will be
Forex Daily Outlook – September 13 2010
We start the week with some interesting updates from New Zealand Retail Sales, in UK (RICS) House Price Balance & Nationwide Consumer Confidence Survey and much more, Let’s see what awaits us today. In New Zealand Retail Sales, Monthly data that measurers the total value of sales at the retail level, excluding automobiles, decreased by
Forex Weekly Outlook – September 13-17
After seeing action in a week that was supposed to be calm and began with a holiday, the calendar is very busy this week, with US inflation figures, retail sales, the Philly index, British employment and lots more. Here’s an outlook for the 14 major market moving events that will shape forex trading this week.
GBP/USD Outlook – September 6-10
The Pound showed weakness in the past week, and is now facing important tests. The upcoming week consists of a rate decision among other important releases. Here’s an outlook for the British events and an updated technical analysis for GBP/USD. GBP/USD daily graph with support and resistance lines on it. Click to enlarge: When the