Post Tagged with: "Retail Sales"
Forex Daily Outlook January 5 2012
ADP Non-Farm Employment Change in the US and Ivey PMI in Canada are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, weekly report that is important for monetary health, value new unemployment insurances over the last week, decrement is due from 381K down to 375K now. More in the
EUR/USD Outlook January 2-6 2012
Euro/dollar traded in a narrow range in the last week of 2011 but eventually extended its losses for the year. The first week of 2012 is packed with economic indicators as market participants return from their holidays. Here is an outlook for the 11 events awaiting us, and an updated technical analysis for EUR/USD. Italy had
Forex Daily Outlook December 27 2011
CB Consumer Confidence is the main event lined up. Let’s see what awaits us today. In the US, The Conference Board (CB) Consumer Confidence, Financial confidence is a leading indicator of consumer spending Survey to value the consumer spending and rate the total financial situation, due to rise from 56.0 points on November up to
USD/JPY Outlook December 26-30
Dollar/yen ticked up for a second week in a row, but didn’t too far. Household Spending, Retail Sales and Tokyo Core CPI are the highlight of this week. Here’s an outlook for the Japanese events closing 2011 and an updated technical analysis for USD/JPY. Last week Japan’s central bank released its monetary policy statement announcing the continuation of
Forex Daily Outlook December 21 2011
Existing Home Sales in the US and MPC Meeting Minutes in the UK are the main events today. Here is an outlook on the market-movers awaiting us In the US, Existing Home Sales, monthly report to value the inhabited houses that were sold on the last month (the previous month (not including new building), rise
USD/CAD Outlook December 19-23
The Canadian dollar bowed to the greenback’s strength and lost a lot of ground. Inflation data and GDP are the main events. Here’s an outlook for the Canadian events and an updated technical analysis for USD/CAD. Last week BOC Governor Mark Carney made a speech in Toronto asking businesses to boost investments and enter emerging markets. He
US Retail Sales +0.2%, Core Sales +0.2% – Risk Averse Trade Triggered
US retail sales rise by 0.2%, Core Sales by the same scale. This is worse than expected and slower than last month rises of 0.5% and and 0.6%. Early expectations stood on a gain of 0.6% in the headline figure and a rise of 0.5% in the core figure. EUR/USD is dropping in range following
EUR/USD Dec. 13 – At Critical Support, Awaiting the Fed
Euro dollar is holding on to critical support after the big fall yesterday. It’s a busy day today, with the Fed decision seeming the most important event. But, more bad news about Commerzbank or any additional repercussion from the EU Summit could tip the pair lower. Will we see another big breakdown now? Or will we see a
GBP/USD Outlook December 12-16
The British pound showed some movement against the US dollar, but ended the week close to where it started. Highlights for the week include CPI and employment figures. Here is an outlook for the upcoming events, and an updated technical analysis for GBP/USD. Britain’s trade balance deficit fell to 7.6 billion pounds in October, which was significantly better than the 9.5
Forex Weekly Outlook December 12-16
The highly anticipated EU Summit provided mixed results, and currencies remained mixed after a volatile week. The focus now moves to the other side of the Atlantic – to the FOMC decision. In addition, we have German ZEW Economic Sentiment, US retail sales, and Unemployment claims as important market movers this week. Here is an