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Forex Daily Outlook January 16 2012

Forex Daily Outlook January 16 2012

We start the week with some interesting events like ECB President Draghi Speaks in Europe and Home Loans in Australia as the main highlight on today’s outlook. Let’s see what awaits us today. In the US, Elizabeth Duke, Federal Reserve Governor is due to speak in Virginia. In Canada, New Motor Vehicle Sales, a mark

GBP/USD Outlook Jan. 16-20

GBP/USD Outlook Jan. 16-20

GBP/USD was down this week, falling almost 200 pips, before recovering somewhat to end the week at the 1.53 level. The upcoming week is a busy one, with seven releases. Here is an outlook for the upcoming events, and an updated technical analysis for GBP/USD. British QE expansion is likely in February, and more and more QE means

Forex Daily Outlook December 19 2011

Forex Daily Outlook December 19 2011

We start the week with some interesting events like ECB President Draghi Speaks in Europe and Rightmove HPI in the UK as the main highlight on today’s outlook. Let’s see what awaits us today. In the US, National Association of Home Builders (NAHB) Housing Market Index is expected to rise by 1 point up to

GBP/USD Outlook December 19-23

GBP/USD Outlook December 19-23

The British pound lost ground against the surging US dollar, but managed to recover somewhat, losing about 100 pips over the course of the week. The upcoming week is quite busy with seven important indicators being released. Highlights include GDP and current account. Here is an outlook for the upcoming events, and an updated technical analysis for GBP/USD.

Forex Daily Outlook November 21 2011

Forex Daily Outlook November 21 2011

We start the week with some interesting events like Existing Home Sales in the US and Wholesale Sales in Canada as the main highlight on today’s outlook. Let’s see what awaits us today. In the US, Existing Home Sales, monthly indicator to value the sold uptown houses over the last month (without new building), reduced

GBP/USD Outlook November 21-25

GBP/USD Outlook November 21-25

The British pound suffered from higher unemployment and the European debt crisis and lost a lot of ground. A revision of Q3 GDP is the highlight of the week. Here is an outlook for the upcoming events and an updated technical analysis for GBP/USD. British inflation dropped to 5%, still far above the official target, but what’s

Forex Daily Outlook – October 17 2011

Forex Daily Outlook – October 17 2011

We start the week with Empire State Manufacturing Index in the US and BOC Business Outlook Survey in Canada as the main highlight on today’s outlook. Let’s see what awaits us today. In the US, Charles Evans, Federal Reserve Bank of Chicago President, is due to lecture in Detroit. Later in the US, Empire State

GBP/USD Outlook – October 17-21

GBP/USD Outlook – October 17-21

The British pound reached higher ground, although the ride was very bumpy. The upcoming week provides a view into the decision on QE2, inflation figures and more. Here is an outlook for the British events, and an updated technical analysis for GBP/USD. While the rise in jobless claims was smaller than expected, the unemployment situation remains very

Forex Daily Outlook – September 19 2011

Forex Daily Outlook – September 19 2011

We start the week with Rightmove HPI in the UK as the main highlight on today’s outlook. Let’s see what awaits us today. In the US, National Association of Home Builders (NAHB) Housing Market Index, Monthly Survey to determine the present and upcoming single-family household sales, 15 points are expected like on August. In Canada,

GBP/USD Outlook – September 19-23

GBP/USD Outlook – September 19-23

The pound surrendered to global pressures and touched an 8 month low against the greenback. The upcoming week consists of the interesting MPC meeting minutes among other events. Here is an outlook for the upcoming events, and an updated technical analysis for GBP/USD. Inflation remains high in the UK, but this isn’t a great concern