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Forex Weekly Outlook – August 31 – September 4 2009

Take a deep breath. The economic calendar is packed this week. We have GDP from Canada, Australia, Switzerland and Europe. There are rate decisions from Europe and Australia. Employment data will come from Europe, Canada and the US – Non-Farm Payrolls are here. There are lots more figures from all over the globe. Also note

Forex Daily Outlook – August 3rd 2009

The greenback began the new forex trading week a little stronger. Manufacturing PMI and American ISM Manufacturing PMI are the main events for today. Let’s see what’s up for today, in the first day of the new NFA regulations. Japanese Average Cash Earnings disappointed and fell by 7.1%, more than 3.6% that was expected. The Yen weakened after

Forex Weekly Outlook – August 3-7 2009

The first week when the new NFA rules are in effect is also packed with many major indicators. Rate decisions in Australia, Britain and Europe are the hottest events until Friday Non-Farm Payrolls – king of forex. There are lots more important events in the first week of August. Last week closed with GDP for

Forex Daily Outlook – June 2nd 2009

The Australian interest rate decision promises a strong opening for the day. Later on, European Unemployment Rate and American Pending Home Sales will dominate the scene. Let’s see what’s up for today: Australian Building Approvals start the day. They are expected to rise by 2.1%, less than last month’s 3.5%. Current Account is predicted to show

Forex Daily Outlook – May 4th 2009

Forex trading starts slowly this week, with holidays in Britain and Japan. Yet, Pending Home Sales will draw much attention. Let’s see what’s up at the start of the new week: Australia starts the week with the monthly ANZ Job Advertisements. Australian housing is expected to be left unchanged, with quarterly HPI at 0%. In Europe, German

Forex Daily Outlook – April 1st 2009

Lots of important indicators all over the globe – British Manufacturing PMI, German Retail Sales, American ADP Non-Farm Employment Change,ISM Manufacturing PMI and Pending Home Sales are only a small part of today’s figures. Take a deep breath…  The day starts in Australia, with two major releases: Building Approval are expected to rise by 1.5%, after

Forex Daily Outlook – March 2nd 2009

The EU Crisis Summit didn’t provide big headlines, but Monday has a lot of important economic figures. The major ones are the British Manufacturing PMI, Canadian GDP and the American ISM Manufacturing PMI. Yes, PMI is everywhere… In PM (Purchasing Manager’s Index), a level under 50 indicates contraction. The expectations everywhere are in the 30s. Let’s see

Forex Daily Analysis – February 2nd 2009

Trading in the Forex market began with renewed strength of the USD dollar, with an especially noticeable gain against the NZD. Today, the ISM Manufacturing PMI will be in the focus. Only the Japanese Yen doesn’t budge. USD/JPY now at 89.60. Dollar Yen correlation seems strong this morning. Ok, let’s see what is else is due:

Forex Daily Analysis – January 5th 2008

The fresh and exciting Forex trading week began with a stronger US dollar. EUR/USD now trades at 1.3894, GBP/USD weakened to 1.4472, USD/CHF is now at 1.0784, and the USD/JPY is little changed, at 91.97. The escalating war in Gaza still dominates the news – Israeli ground operation is weighing on oil prices – something

Forex Weekly Outlook – January 5-9 2008

Finally, after two weeks of holidays, we have a full trading week. And it’s expected to be very exciting! Monday begins easily, with a speech by FOMC Member Yellen. Federal Reserve Bank of San Francisco President Janet Yellen might give some direction about the money printing that the Federal Reserve plans to spend. More from the US