Post Tagged with: "Timothy Geithner"
Forex Daily Outlook – March 9 2010
Australian Employment Data, New Zealand Rate Decision are the main events today. Here is an outlook on the events that will shape forex trading this day. In the US, Crude Oil Inventories measuring change in the number of barrels of crude oil held in inventory by commercial firms during the past week dropped 0.4M last
EUR/USD Feb. 18 – Dipping Below Uptrend Channel
EUR/USD dipped below the uptrend channel as the G-20 meetings begin. Will we see a collapse, or is it a false break? Here’s a quick update on technicals, fundamentals and community trends. EUR/USD Technicals Asian session: Made yet another attempt to conquer 1.3610 – it didn’t stay above. Current range – 1.35 – 1.3570 Further
EUR/USD Feb. 16 – Bounced Off Resistance
EUR/USD could not break higher after escaping from low figures. Will the weak figures send it lower? Or will it break higher? Here’s a quick update on technicals, fundamentals and community trends. EUR/USD Technicals Asian session: Climbed and made an attempt to break above 1.3570 -it failed. Current range – 1.3500 – 1.3570 Further levels
EUR/USD Feb. 15 – Will it Hold On This Time?
EUR/USD bounced off the low and stubborn resistance line and managed to return back up to the previous range. This day is very busy all over the world. Where will it go from here? Here’s a quick update on technicals, fundamentals and community trends. EUR/USD Technicals Asian session: Recovered and climbed back above 1.35. Current
Forex Daily Outlook – January 28 2011
In the UK Nationwide HPI and Unemployment Claim & Pending Home Sales in the US are some to the important events. Let’s see what awaits us today. In the US, Advance Gross Domestic Product (GDP), change in the inflation-adjusted value of all goods and services produced by the economy; is about to rise by 0.9%,
EUR/USD Jan. 12 – Settling in Higher Range on Hopes for Portugal
EUR/USD managed to break higher, as hopes of a resolution to Portugal’s troubles are seen. Will these gains hold? Here’s a quick update on technicals, fundamentals and community trends. EUR/USD Technicals Asian session: Managed to hold above 1.2970. Current range – 1.2970 to 1.3080. Further levels in both directions: Below 1.2970, 1.2920, 1.28, 1.2722, 1.2587.
Forex Daily Outlook – January 12 2011
Very busy day in the US, Treasury Sec Geithner & FOMC Member Fisher Speaks, Federal Budget Balance and much more. Let’s see what awaits us today. In the US, Federal Budget Balance, Difference in value between the federal government’s income and spending during the previous month, indicates a deficit with -150.4
Forex Daily Outlook – October 6 2010
U.S. ADP Non-Farm Employment Change, U.S. Treasury Secretary Timothy Geithner’s speech in Washington DC and Canada’s Ivey PMI are the most influential events in the next 24 hours. Here is an outlook on the major activities awaiting us today. In the U.S., ADP Non-Farm Employment Change dropped 10K last month which did not correlate with
No Expectations, No Disappointments – Dollar Enjoys OK Data
Weekly unemployment claims didn’t rise and even fell by 3,000. Producer prices rose marginally more than expected. This supports the dollar across the board especially helping the yen intervention. The figures released in August were disastrous – employment, home sales, durable goods order, and almost every US indicator was significantly below consensus. For the Philly PMI,
EUR/USD Sep. 16- Breaking to Higher Ground
EUR/USD broke to higher ground, rising above 1.3050. The busy US calendar promises that the action will continue. Here is a quick update on technicals, fundamentals, and community trends