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Forex Daily Outlook February 7 2012

Forex Daily Outlook February 7 2012

In the US Fed Chairman Bernanke Testifies and Building Permits in Canada are the main events lined up, let’s see what awaits us today. In the US, Ben Bernanke, Federal Reserve Chairman, is due to testify in Washington DC. More in the US, Investor’s Business Daily (IBD) TechnoMetrica Institute of Policy and Politics (TIPP), Economic Optimism

AUD/USD Outlook Feb. 6-10

AUD/USD Outlook Feb. 6-10

The Australian dollar continued to strengthen against the dollar, climbing over 100 pips, and reaching just shy of the 1.08 level. The upcoming week is extremely busy, with nine indicators being released. Here is an outlook for the Australian events, and an updated technical analysis for AUD/USD. The Australian economy, with its great dependence on exports, has been hit hard by the global

AUD/USD Outlook December 12-16

AUD/USD Outlook December 12-16

The Australian dollar had a roller coaster week, climbing close to 1.04 US, and then dropping near parity on the last trading day of the week, before recovering nicely. The upcoming week is quite busy in terms of economic indicators. Here is an outlook for the Australian events, and an updated technical analysis for AUD/USD. After a sluggish 2011, the Australian economy

Forex Daily Outlook December 6 2011

Forex Daily Outlook December 6 2011

Halifax HPI in the Uk and German Factory Orders in Europe are the main events lined up.  Let’s see what awaits us today. In the US, Daniel Tarullo, Federal Reserve Governor, is about to speak in Washington DC. More in the US, Investor’s Business Daily (IBD) TechnoMetrica Institute of Policy and Politics (TIPP) Economic Optimism,

AUD/USD Outlook December 5-9

AUD/USD Outlook December 5-9

The Australian dollar had a banner week against the US dollar, climbing  nearly 300 points in one day, and closing up almost 400 points higher for the week. The outstanding gains resulted from the move by the world’s largest central banks to boost liquidity in response to the eurozone crisis. The upcoming week is quite busy in terms of events. Here

Forex Weekly Outlook December 5-9

Forex Weekly Outlook December 5-9

The debt crisis in Europe will continue taking the center stage, with the climax being the EU Summit on Friday. Rate decisions in Europe, the UK, Australia and New Zealand are other highlights in this busy week. Here is an outlook on the major market-movers lined up. Non-Farm Payrolls came out as expected, but the

Forex Daily Outlook – November 1 2011

Forex Daily Outlook – November 1 2011

US ISM Manufacturing PMI and UK housing data are the main events lined up.  Let’s see what awaits us today. In the US, ISM Manufacturing PMI and important Manufacturing activity gauge, increased more than predicted to 51.6 in September after reaching 50.6 inAugust. A further rise to 52.3 is expected now. Later in the US,

AUD/USD Outlook – Oct. 31 – Nov. 4

AUD/USD Outlook – Oct. 31 – Nov. 4

The Aussie had another volatile week that provided quite a few opportunities and it eventually ended it on higher ground. The upcoming week is very busy, with the rate decision being the highlight of 12 events. Here’s an outlook for these events, and an updated technical analysis for AUD/USD. The moderate rise in prices leaves room for

Forex Weekly Outlook – Oct. 31-Nov. 4

Forex Weekly Outlook – Oct. 31-Nov. 4

The US dollar dropped sharply as the euphoria from Europe replaced fear. Will this continue? The upcoming week is very busy: rate decisions in the US, the euro-zone and Australia, the G-20 Meetings and Non-Farm Payrolls. Here is an outlook on the major market-movers ahead. Last week the US economy grew at an annual pace

Forex Daily Outlook – October 4 2011

Forex Daily Outlook – October 4 2011

Ben Bernanke’ and Jean-Claude Trichet’ speeches are the highlight of today’s events. Here is an outlook on the market-movers awaiting us. In the US, Ben Bernanke testifies at the Joint Economic Committee, in Washington DC. His words have a major impact on the market. Later in the US, Sarah Bloom Raskin FOMC member is scheduled