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British Pound Outlook – September 14-18 2009

British Pound Outlook – September 14-18 2009

The dollar’s collapse reached the Pound very late in the week, sending it unconvincingly above the huge technical barrier of 1.6660. This week features inflation and employment figures as well as retail sales and many other indicators that will shape the direction of Pound. Here’s an outlook for the busy week in Britain, and an

Forex Weekly Outlook – September 14-18 2009

After the dollar’s collapse last week, this week is full with American indicators. Rate decisions are due in Japan and in Switzerland. CPI and Retail Sales are published around the globe as well. Let’s go through the main events this week

Forex Daily Outlook – August 20th 2009

British Retail Sales and American Unemployment Claims are the highlights today. Let’s see what’s on the calendar. Yes, Australia starts the day again, this time with the RBA Monthly Bulletin. After the release of the Monetary Policy Meeting Minutes, this probably won’t add to much. Yesterday, the MI Leading Index moved the Aussie. For more on the Australian

British Pound Outlook – August 17-21 2009

British Pound Outlook – August 17-21 2009

The British Pound moved down this week, and returned to the previous range, below 1.6660, despite good employment figures. There are 6 important British releases in the upcoming week that will impact the Pound. Here’s an outlook on these events and a technical analysis for GBP/USD. This GBP/USD graph includes important support and resistance lines:

Forex Weekly Outlook – August 17-21 2009

The upcoming week in forex trading features many interesting releases: Japanese GDP, housing figures in the US, and lots of important British figures dominate the scene. There are many more important indicators. Let’s see what’s awaiting us on the third week of August

Forex Daily Outlook – July 21st 2009

The dollar began the week with a small drop. It’s direction will be dominated today by the first part of Ben Bernanke’s testament. In addition, there’s a rate decision in Canada and other interesting figures. Let’s see what’s on the menu for today. Australian Monetary Policy Meeting Minutes start the day. We’ll get to see what’s

Forex Daily Outlook – June 18th 2009

Another busy day in a busy week: A new Libor Rate in Switzerland, Retail Sales in Britain, Canadian CPI and American Unemployment Claims are the highlights of today. And there’s more… Swiss Libor Rate is due at 7:30 GMT, and is expected to remain unchanged. The limelight will be on the SNB Monetary Policy Assessment which

Forex Daily Outlook – May 21st 2009

Thursday is busy as usual, despite some holidays in Europe: British Retail Sales, European PMI, and American Unemployment Claims will stand out today. And there’s more… Swiss, German and French banks are on holiday today, so trading might be slightly thinner than usual. Australia’s MI Inflation Expectations might rise on improving economic conditions. Also in

Not The Pound’s Darling

Alistair Darling is not the Pound’s friend. In his budget release, he pounded the Pound like no economic indicator did. Here’s a roundup of the Big Day in Britain: At 8:30 GMT, 6 economic indicators were released:   Claimant Count Change, was better than expected, at 73K instead of 118K. This should have lifted the Pound,

Big Day in Britain

Tomorrow, April 22nd, is a big day in Britain, with many major releasesץ GBP.USD will shake, and so will two interesting Pound crosses: EUR/GBP and GBP/JPY. Here’s a special coverage of tomorrow’s 7 British releases, in this critical week for the Pound: Apart from the Annual Budget Release, all the figures are released at 8:30 GMT.