Forex Crunch » Revised Business Investment

British GDP Revised to the Upside, But Current Account Disappoints

Yohay — Thu, 22 Dec 2011 09:32:11 +0000

The economy in the UK grew by 0.6% in Q3 according to the final publications. This is a surprise and an upwards revision from 0.5%. This upwards revision came on top of a downwards revision for Q2: the economy didn’t grow at all, contrary to a rise of 0.1% reported in the “final” release. Nothing is final.

Britain’s current account deficit leaped to 15.2 billion pounds. Early expectations were much lower, a deficit of only 5.6 billion in Q3. In Q2, the deficit stood on only 2 billion pounds.

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Forex Daily Outlook December 22 2011

anat — Wed, 21 Dec 2011 22:00:22 +0000

Unemployment Claims in the US and Current Account in the UK are the major market-movers. Let see what awaits us today.

In the US, Unemployment Claim, weekly report to measure who filed for the first time for unemployment cover, is due to rise by 10K from 366K up to 376K

Read the rest of the article Forex Daily Outlook December 22 2011

Forex Daily Outlook – October 5 2011

anat — Tue, 04 Oct 2011 21:00:30 +0000

ADP Non-Farm Employment Change and ISM Non-Manufacturing PMI in the US as well as key releases in the UK are the main events today. Here is an outlook on the market-movers awaiting us

In the US, Automatic Data Processing, Inc. (ADP) Non-Farm Employment Change, monthly indicator of Job creation and affects the consumer spending, is about to drop from 91K on September to 76K this month.

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Forex Daily Outlook – June 28 2011

anat — Mon, 27 Jun 2011 21:00:30 +0000

US CB Consumer Confidence is the highlight of today’s events. Let’s review the main market- movers lined up.

In the US, CB Consumer Confidence The Conference Board consumer sentiment decreased in May by 5.2 from the previous month reaching 60.8 indicating a slowdown in consumer spending. The same figure is expected this time.

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Forex Daily Outlook – September 28 2010

anat — Mon, 27 Sep 2010 22:00:24 +0000

U.S. CB Consumer Confidence, Britain Final GDP and Trade Balance and Tankan Manufacturing Index in Japan are the main events on our calendar today. Here is an outlook on the market moving activities ahead.

In the US, CB Consumer Confidence released monthly scored 53.5 points last month This 5,000 people survey is now expected a small reduction to 52.5 points.

Read the rest of the article Forex Daily Outlook – September 28 2010

Forex Daily Outlook – March 26th 2010

Yohay — Thu, 25 Mar 2010 21:00:02 +0000

American final GDP and a revised version of consumer sentiment are the main events for today. Will the dollar continue rising? Let’s see what’s awaiting us today.

The European economic summit continues today and will shake the EUR/USD that broke down earlier in the week.

Read the rest of the article Forex Daily Outlook – March 26th 2010

GBP/USD Outlook – March 22-26

Yohay — Sat, 20 Mar 2010 15:03:09 +0000

The Pound fell in the past volatile week. The upcoming week contains inflation figures and the budget release among other indicators. Here’s an outlook for the British events and an updated technical analysis for GBP/USD.

GBP/USD graph with support and resistance lines marked. Click to enlarge:

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British Pound Forecast – December 14-18

Yohay — Sat, 12 Dec 2009 15:14:04 +0000

Looking for the latest outlook, for the current week? Check out the section: GBP USD Forecast

The Pound lost over 200 pips this week, suffering from a strong dollar and a problematic budget from Alistair Darling. The upcoming week contains inflation, retail sales employment figures and more. Here’s an outlook for a busy week for British Pound traders, and an updated technical analysis for GBP/USD.

Read the rest of the article British Pound Forecast – December 14-18

Forex Daily Analysis – December 19th 2008

Yohay — Fri, 19 Dec 2008 10:20:15 +0000

The big news this morning comes from Japan – the BOJ reduced the interest rate to 0.1% – quite symbolic. Japanese Yen traders aren’t used to see moves in interest rates – this is the second one in the recent two months.

The Bank of Japan also announced that it would flow some cash into the financial establishments. This caused a decline in stock markets in Asia. The statements that were released by the BOJ weren’t dowish enough - USD/JPY is at 88.75. The dollar made gains in the last hours against all currencies apart from the Yen.

Read the rest of the article Forex Daily Analysis – December 19th 2008