Post Tagged with: "recession"
British Growth In Doubt – Pound Falls
Britain’s initial GDP read for the fourth quarter is very weak, and the revised versions can easily erase it. The Pound reacted with a fall against the dollar and the Euro. Here’s a review of this important event and a look forward on the Pound. Britain’s first release of GDP was very weak – only
Forex Daily Outlook – January 13th 2010
The dollar is certainly fighting back after dropping at the beginning of the week. Today’s most interesting figures come from Britain, which sees more range trading. Let’s review the events for today
USD/CAD Forecast – December 21-25
Looking for the latest outlook for this week? Check the full section: Canadian Dollar Forecast The Canadian dollar stood rather strong against the huge greenback strength and didn’t give to major technical lines. The upcoming short week includes only two releases, both important. Here’s an outlook for the upcoming week in Canada, and an updated
Forex Weekly Outlook – December 21-25
After a wild week of raging dollar bulls, we have a short and rather calm week ahead. Before Christmas comes in, we have final GDP releases from the UK and the US, important housing figures from the US, and a few more notable events that will move the markets. Here’s the weekly outlook: Arabic version of the
Pound to climb up the mound?
Some good news for the Pound today – growth has returned to the UK according to the unofficial NIESR GDP estimate. This news was unnoticed. Looking at the near past, this institute was very accurate. Here is how you can use this info in the future
Forex Daily Outlook – December 8th 2009
No significant American indicators are predicted today, but elsewhere, the calendar is busy: a rate decision in Canada, Final GDP in Japan, and the unofficial but accurate GDP estimate in Britain. Let’s see what’s up for today
Exit Strategies Expose Pound Weakness
Both the Federal Reserve and the ECB began moves to soften the stimulus actions – the start of an exit strategy out of the crisis. This doesn’t happen in Britain. Britain still suffers from a bad data – and this leaves the Pound behind – again. In the monthly rate decision there was no surprise
EUR/USD Forecast – November 30 – December 4
Looking for the latest outlook, for the current week? Check out the section: EUR/USD Forecast. The Euro finally broke out of the range but returned to it when the Dubai crisis broke out. EUR/USD awaits a rate decision and 10 other events that will shape its direction in the upcoming week. Here’s an outlook for
Forex Weekly Outlook – November 30 – December 4 2009
The week of Thanksgiving, which was expected to be calm, was very volatile, with new lows in the dollar, that were proved temporary with the Dubai crisis. The upcoming week is already full of important indicators: rate decision in Europe and Australia, GDP from Europe, Switzerland and Canada, and the king of forex: American Non-Farm
Forex Daily Outlook – November 27th 2009
On Black Friday, the dollar continues to be in the black, following the present it got from the Dubai crisis. A second wave of weakness sweeps the dollar higher. The Yen has halted, after reaching 85. Not too many events today. Let’s see what’s up for today: In Germany, Import Prices rose by 0.5%, 0.1%