Post Tagged with: "PPI"
Forex Daily Outlook March 15 2012
US unemployment claims and US PPI are the main events today. Here is an outlook on the market-movers awaiting us In the US, PPI an inflation gauge gained 0.1% in January less than the 0.3% rise expected following 0.1% drop in December. An increase of 0.5% is expected now. Meanwhile Core PPI excluding the food an
Forex Daily Outlook March 13 2012
FOMC Statement in the US and ZEW Economic Sentiment in Europe are the main events lined up. Let’s see what awaits us today. In the US, Retail Sales, key gauge for consumer spending to show the value change all retail sales over the past month; rise is predicted from 0.4% on February up to 1.1%
USD/CHF Outlook March 12-16
The Swiss franc was relatively unchanged against the dollar this week, closing at 0.9186. The upcoming week has four releases. Here is an outlook for the Swiss events, and an updated technical analysis for USD/CHF. Retail sales sparkled in February, jumping up 4.4%, a seven-month high. Updates: USD/CHF continues to hover near the 0.92 level, trading at 0.9192. Markets
Forex Weekly Outlook March 12-16
The US dollar had another week of gains, on the background of the Greek default, which became official. The Fed decision is the highlight of the week, alongside US retail sales, British employment numbers and other events. Here is an outlook on the events to watch for. Greece is officially in default. This came after
Forex Daily Outlook March 2 2012
We summarize this week Halifax HPI in the UK and GDP in Canada are the major events this day. Here is an outlook on the market-movers awaiting us. In Canada, Gross Domestic Product (GDP), the primary economic activity measure to value Change in the economy production of all goods and services, growth is predicted from -0.1%
EUR/USD Outlook Feb. 27 – Mar. 2 2012
Euro/dollar finally broke out and made a very impressive rally, rising more than 300 pips. The second Greek bailout was agreed upon, and the euro shrugged off the long list of doubts. Has the euro turned a page, or is this a rise before the fall? The highlight of the upcoming week is the second LTRO
Forex Daily Outlook February 17 2012
We summarize this week with CPI in the US and Canada as the major events of the day. Here is an outlook on the market-movers awaiting us. In the US, Consumer Price Index (CPI), value the consumers’ price change of goods and services over the previous month, due to rise up to 0.3%. And on the
US Jobless Claims Fall Again – Another Bulk of News That Reduce QE3 Chances
US weekly unemployment claims are at 348K, lower than expected. Yet again, it’s a new low in the period after the financial crisis. Early expectations stood on 364K. Last week’s figure was revised to the upside, from 358K to 361K, not a big difference. All in all, the 4 week moving average continues falling. US
EUR/USD Feb.16 – Falling in Narrow Channel on Greek Standstill
Euro dollar is slipping below the round number of 1.30, trading choppily in a steep narrow channel. The not-so-dovish words from the Federal Reserve and especially the ongoing standstill around Greece weigh on the pair. Has Greece met all the requirements? It depends on who you ask. The decisive Eurogroup meeting is now scheduled for Monday.
Forex Daily Outlook February 16 2012
In the US Fed Chairman Bernanke Speaks and ECB Monthly Bulletin in Europe are the major market-movers. Let see what awaits us today. In the US, Ben Bernanke, Federal Reserve Chairman is due to speak in Arlington. More in the US, Unemployment Claims, the weekly number of unemployment insurance that was filed, due to rise