Post Tagged with: "trade balance"
Forex Weekly Outlook February 6-10
A volatile week left the dollar in a better position, as QE3 and a solution for Greece are both very uncertain. Will the dollar reverse its previous losses now? Rate decisions in the euro-zone, the UK and Australia are the main market movers this week. Here is an outlook on what lies ahead. Last week
AUD/USD Outlook January 30 – February 3
The Australian dollar had another outstanding week against the greenback, climbing almost 200 points. The upcoming week is extremely busy, with nine indicators being released. Here is an outlook for the Australian events, and an updated technical analysis for AUD/USD. The US dollar weakened against most major currencies following Bernanke’s announcement that interest rates will likely remain near zero until late 2014. However,
USD/CHF Outlook January 30 – February 3
The Swiss franc continued its impressive rally against the dollar last week, closing just above the 0.91 level. The upcoming week has four releases. Here is an outlook for the Swiss events, and an updated technical analysis for USD/CHF. The dollar continued to retreat, despite stronger US economic figures. The franc continues to roll, and the big question now is: will the dollar
Forex Daily Outlook January 26 2012
Unemployment Claims in the US and CBI Realized Sales in the UK are the major market-movers. Let see what awaits us today. World Economic Forum (WEF) Annual Meetings – Day 2, this time is held in Davos for Bankers, Political, trade & finance Ministers and Commercial leaders from around 90 countries. Can influent market volatility.
Forex Daily Outlook January 24 2012
BOE Gov King Speaks in the UK and Core Retail Sales in Canada are the main events lined up. Let’s see what awaits us today. In the US, Richmond Manufacturing Index, Manufacturer’s Monthly Survey to rate business conditions such as shipments, new orders etc., rise that shows condition improvements by 3 points up to 6
NZD/USD Outlook January 23-27
The New Zealand dollar seems unstoppable and continued pushing higher.for a fifth week in a row. RBNZ Rate Statement is the major event this week. Here’s an outlook for the events in New Zealand, and an updated technical analysis for NZD/USD Last week New Zealand business confidence plunged from 25 to 0 in the 4th quarter. The private
USD/JPY Outlook January 23-27
Dollar/yen finally broke out of range, but this was only temporary. Will another attempt succeed? The rate decision and trade balance are the highlights of this busy week. Here’s an outlook for the Japanese events and an updated technical analysis for USD/JPY. Last week Japan’s core machinery orders jumped 14.8% from October. This climb was much higher than
Forex Daily Outlook January 13 2012
We summarize this week Trade Balance in the US and in Canada are the major events this day. Here is an outlook on the market-movers awaiting us. In the US, Trade Balance, value the imported and exported goods over the last month, is expected to further reduce from-43.5B on December down to -44.8B now. More
Forex Daily Outlook January 11 2012
FOMC Member Lockhart Speaks in the US and Trade Balance In the UK are the main events today. Here is an outlook on the market-movers awaiting us In the US, Dennis Lockhart, Federal Reserve Bank of Atlanta President is due to lecture in Atlanta. More in the US, Beige Book, scheduled 8 times per year
GBP/USD Trading the British Trade Balance
The British Trade Balance indicator, published monthly, focuses on the difference in value between exported and imported goods. A reading which is higher than the market forecast is bullish for the pound. Here are all the details, and 5 possible outcomes for GBP/USD. Published on Wednesday at 9:30 GMT. Indicator Background Traders should pay close