Post Tagged with: "Retail Sales"
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
EUR/USD Dec. 5 – Rising on Hopes for Central Bank Action
Euro dollar is moving up gradually at the wake of this critical week. There are reports about another coordinated action by the Federal Reserve, the euro-zone central banks and the IMF to inject €100 billion or more to debt struck countries. In addition, the ECB may finally be preparing the massive QE program worth €1 trillion.
Forex Daily Outlook December 5 2011
We start the week with some interesting events like ISM Non-Manufacturing PMI in the US and Services PMI in the UK as the main highlight on today’s outlook. Let’s see what awaits us today. In the US, The Institute for Supply Management (ISM) Non-Manufacturing Purchasing Managers’ Index (PMI); Monthly Survey to value the business conditions
EUR/USD Outlook December 5-9
Euro/dollar enjoyed the new hope for a big plan to resolve the crisis. The upcoming week is very busy, and consists of a rate decision and yet another European Summit. Will this one be different? Here is an outlook for the upcoming events, and an updated technical analysis for EUR/USD, now on higher ground. 6 central
Forex Daily Outlook December 2 2011
We summarize this week Non-Farm Employment Change in the US and Construction PMI in the UK are the major events this day. Here is an outlook on the market-movers awaiting us. In the US, Unemployment Rate, monthly percentage indictor to value the jobless that are looking for jobs on the past month, about to remain
Forex Daily Outlook December 1 2011
US Unemployment Claims and US ISM Manufacturing PMI are the main events today. Here is an outlook on the market-movers awaiting us In the US, Unemployment Claims measuring the number of Americans filing initial claims for unemployment increased by 2,000 last week to 393,000 while expected to drop to 389,000 indicating a relative stability in
Forex Daily Outlook November 28 2011
We start the week with some interesting events like New Home Sales in the US and Inflation Report Hearings in the UK as the main highlight on today’s outlook. Let’s see what awaits us today. In the US, New Home Sales, monthly indicator to value the number sold households, 313K is likely with no change
EUR/USD Outlook Nov. 28 – Dec. 2
Euro/dollar made another move lower, on the spread of the bond rout to the core of the core: Germany. Apart from the worsening debt crisis, the upcoming week features 10 indicators. Here is an outlook for the events and an updated technical analysis for EUR/USD. Germany failed to cover a routine bond auction, and its yields
USD/JPY Outlook Nov. 28-Dec. 2
Dollar/yen is on the rise despite growing global fears. The crisis in Europe is pushing the dollar higher, and even the “safe haven” yen retreats. Retail sales and Prelim Industrial Production are the main events this week. Here’s an outlook for the Japanese events and an updated technical analysis for USD/JPY. Last week a certain setback in Japan’s ongoing recovery