Post Tagged with: "Retail Sales"
Forex Weekly Outlook March 12-16
The US dollar had another week of gains, on the background of the Greek default, which became official. The Fed decision is the highlight of the week, alongside US retail sales, British employment numbers and other events. Here is an outlook on the events to watch for. Greece is officially in default. This came after
EUR/USD Mar. 5 – Capped Under Resistance as Greek Bond Swap Doubted
Euro dollar opened the week at the low ground it dropped to last week. Negative headlines over the weekend caught up with the growing chance that Greece will announce bankruptcy. Participation in the “voluntary haircut” is expected on Thursday, with a final EU approval for funds on Friday. Any delay will be worrying as the unmovable
Forex Daily Outlook March 5 2012
We start the week with some interesting events like ISM Non-Manufacturing PMI in the US and Halifax HPI 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 rate the business conditions
EUR/USD Outlook March 5-9
Euro/dollar turned back and retreated as relief for Greece still isn’t at hand. The Greek drama continues with hopes and doubts regarding a final approval for the Greek bailout. Among the regular events, the rate decision stands out. Here is an outlook for the upcoming events and an updated technical analysis for EUR/USD. The ECB lent
USD/CHF Outlook March 5-9
The Swiss franc sagged against the dollar this week, losing almost 200 points, as it closed at the 0.9140 level. The upcoming week has four releases. Here is an outlook for the Swiss events, and an updated technical analysis for USD/CHF. The franc followed the euro, which slipped badly against the dollar this week. The Spanish downturn and Greek
Forex Daily Outlook March 2 2012
We summarize this week Halifax HPI in the UK and GDP in Canada are the major events this day. Here is an outlook on the market-movers awaiting us. In Canada, Gross Domestic Product (GDP), the primary economic activity measure to value Change in the economy production of all goods and services, growth is predicted from -0.1%
Forex Daily Outlook February 29 2012
Prelim GDP and Fed Chairman Bernanke Testifies in the US are the main events today. Here is an outlook on the market-movers awaiting us In the US, Ben Bernanke, Federal Reserve Chairman is about to testify in Washington DC. More in the US, Prelim Gross Domestic Product (GDP),the widest quarterly measurement of monetary activity that
Forex Daily Outlook February 27 2012
We start the week with some interesting events like Pending Home Sales in the US and M3 Money Supply Europe as the main highlight on today’s outlook. Let’s see what awaits us today. Group of Twenty (G20) Meetings, is scheduled in Mexico City for the 2nd day to discuss global financial and the Eurozone debt
AUD/USD Outlook Feb. 27 – March 2
The Australian dollar lost some ground against the US dollar last week, closing just below the 1.07 level. The upcoming week is quite busy, with nine releases. Here is an outlook for the Australian events, and an updated technical analysis for AUD/USD. The US economy continues to march in the right direction, which is positive news for the US dollar. Jobless claims have
USD/JPY Outlook Feb. 27- Mar. 2
From a sleepy currency pair, dollar/yen turned into an unstoppable mover. Will it consolidate or continue rallying? Retail sales and household spending are the major events this week. Here’s an outlook for the Japanese events and an updated technical analysis for USD/JPY. Last week Japan’s yearly trade deficit hit a record high of 1.48 trillion yen, posing a major