Post Tagged with: "Prelim UoM Consumer Sentiment"
Forex Daily Outlook – April 17th 2009
The end of this short forex week includes Swiss Retail Sales, Canada’s CPI and the Prelim UoM Consumer Sentiment. Also note some important speeches. Lets’ see what’s up today. Just as the day starts, Federal Reserve Bank of San Francisco President Janet Yellen will speak. Audience questions can trigger interesting statements. Australian Import Prices are expected to
Forex Weekly Outlook – April 13-17 2009
After the Easter holiday, traders will return to a week full with Retail Sales, inflation and housing data from all over the world. Let’s see what’s up this week: Monday, April 13th: Most of the world still celebrates Easter, so there are only few indicators: Japan’s Corporate Goods Price Index (CGPI) is expected to fall by
Forex Daily Outlook – March 13th 2009
Friday the 13th is here again, and it focuses on North America: Employment data from Canada, Trade Balance in both countries and Prelim UoM Consumer Sentiment in the US dominate the day. There are other figures, and it’s also the first day of the G20 summit in Sussex. Early in the morning, Japan releases some economic
Forex Weekly Outlook – March 9-13 2009
After a wild week, the forex market returns to a rather normal week. Major events are the new interest rates from New Zealand and Switzerland, Japanese Final GDP, Australian and Canadian employment figures, American Retail Sales and Trade Balance in both Canada and the US. Here’s the menu for the second week of March: Monday,
Forex Weekly Outlook – February 9-13 2009
The second week of February begins in a slow pace, with more speeches than real economic data. It gradually gains pace, with Trade Balance in Canada and the US on Wednesday, Australian Employment Data on Thursday, and American Retail Sales on Thursday. On Friday 13th, European GDP will dominate the day, as well as UoM
High Consumer Sentiment Sends Dollar Up
The University of Michigan published the Prelim Consumer Sentiment, and it was better than expected – 61.9 . This is above expectations that stood on 59.2. A high figure like this shows optimism amongst American consumers, in the wake of a new year, and just before Barack Obama enters the White House. This has affected Forex
Forex Daily Analysis – January 16th 2009
The last day of this week opened with Bank of Japan Governor Masaaki Shirakawa speech. He said that the BOJ sees the economy struggling, and that they may respond in purchasing corporate debt. Cut rates are not an option, considering Japan’s 0.1% interest rate. USD/JPY now trades above 90, at 90.34. Elsewhere, the dollar loses ground