Post Tagged with: "Prelim GDP"
GBP/USD Outlook – January 24-28
After another successful week, the pound faces a big test with the GDP release, among other figures. Is the British economy really doing well? Here’s an outlook for the British events and an updated technical analysis for GBP/USD. Inflation is raging in Britain – annual CPI is at 3.7%, too far from the target. On
Forex Daily Outlook – November 23 2010
Very busy day ahead of us, with existing news, FOMC Meeting Minutes, Existing Home Sales in the US, and much more .Let’s see what awaits us today. In the US, Federal Open Market Committee (FOMC) Meeting Minutes, that is scheduled 8 times per year. A detailed record of the FOMC’s most recent meeting, providing in-depth
Forex Weekly Outlook – November 22-26
American Prelim GDP, US FOMC Meeting Minutes and US Unemployment Claims are the highlight of this week. Here is an outlook on the market-moving events shaping forex trading. Last week, European Central Bank President Jean- Claude Trichet signaled to Ireland and Greece to stop relaying on ECB Support and ask for an international bailout. Irish central bank
USD/JPY Outlook – November 15-19
Preliminary GDP, GDP deflator and Tertiary Industry Activity are the main events for the USD/JPY pair this week. Here is an outlook on the market movers awaiting us and an updated technical analysis of USD/JPY. USD/JPY daily chart with support and resistance lines marked. Click to enlarge: Following the APEC meetings last week Japanese Prime
Forex Weekly Outlook – November 15-19
A busy week awaits forex traders with US Retail Sales, PPI, Unemployment Claims and Ben Bernanke’s speech, British CPI, German ZEW Economic Sentiment and many more. Let’s start our outlook on this week’s market movers. Last week in the US, better-than-expected economic figures including employment data, raised questions about the necessity of the Fed’s second
Forex Daily Outlook – October 26 2010
American CB Consumer Confidence, US S&P/CS Composite-20 HPI and British Preliminary GDP are the major events today. Here is an outlook on the most influential activities awaiting us in the next 24 hours. In the US, American CB Consumer Confidence fell to a reading of 48.5 in September from 53.2 in August due to less favorable business
Forex Weekly Outlook – October 25-29
Many important events await forex traders this week with Ben Bernanke’s Speech, US Existing Home Sales, American Consumer Confidence, US Durable Goods Orders, Unemployment Claims and Advance GDP. Here’s an outlook for the major market-moving events that will shape forex trading. The U.S. Dollar continued its decline against most of the other major currencies last
US GDP Sharply Revised Downwards – Trading Remains Tight
The second release of GDP for the second quarter was indeed bad – a downwards revision from 2.4% to 1.6%, slightly better than a revision to 1.5%. The initial reaction was dollar positive, but this was quickly erased. EUR/USD was down from 1.2720 (almost the resistance line) to 1.27. This drop was very limited and
EUR/USD Aug. 27: Tight Range Trading Before GDP
EUR/USD climbed higher but couldn’t convincingly break the resistance line. After many hours of range trading, all is set for the grand finale of the week. Will it manage to break higher or collapse? Here’s a quick update on fundamentals, technicals and community trends
Forex Daily Outlook – August 27 2010
U.S. Gross Domestic Product and Jackson Hole Economic Symposium are the main economic events of this trading weekend. Join us for an outlook on today’s market moving events. In the U.S., Gross Domestic Product, the main measure of economic activity and growth expected a modest growth of 1.5% in the 2nd quarter compared to 2.4%