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Forex Daily Outlook – June 28 2010

We start the week with exciting news; in New Zealand the NBNZ Business Confidence, Survey,  The Group of Twenty (G20); is entering the second day, in Japan the Retail Sales are rising and lots more, let’s see what awaits us today. In the US, Federal Open Market Committee (FOMC); Reserve Governor Kevin Warsh speaks at

Forex Daily Outlook – April 29th 2009

Big day in forex trading today, when Advance GDP and the new FOMC Statement are published. There are more economic indicators, and there’s the swine flu still influencing the market. Advance GDP in the US is currently expected to show a contraction of 4.8% in the first quarter of 2009. This will be better than

Forex Daily Outlook – March 26th 2009

Major releases in Britain today will set the course of the Pound, which has shown strength. In America, Final GDP and Unemployment Claims will get attention, and note major releases in Japan and New Zealand near the end of the day. Australia’s RBA Financial Stability Review starts the day. Australia seems to have a very stable

Forex Daily Outlook – February 26th 2009

Lots of data is due today, with 3 major releases in the US: Core Durable Goods Orders, Unemployment Claims and New Home Sales. Important figures are also released in Britain and New Zealand. Take a deep breath… In Australia, Private Capital Expenditure rose by 6%, much much better than expected (-3.1%). AUD/USD now trades at 0.6470.

Forex Daily Analysis – January 29th 2009

There’s no anti climax after yesterday’s FOMC statement. Lots of economic indicators are due today across the globe, including Britain’s monthly Nationwide HPI, Core Durable Goods Orders  and New Home Sales in the US among others. FOMC Statement Insight The Federal Reserve left interest rates at 0.25% as expected, but managed to move the markets. They said that

Forex Daily Analysis – December 30th 2008

The Gaza conflict continues to dominate the news around the world: A ground offensive by Israel is due soon, after Hammas escalated rocket attacks. The price of oil is certainly moved by the voilence in the middle east. WTI Crude now trades at $40, after reaching $43. Oil prices will shake even more if the