Post Tagged with: "trade balance"
Forex Daily Outlook – December 9 2010
Unemployment Claims in the US, Official Bank Rate and MPC Rate Statement in the UK are some of the events. Let’s see what awaits us today. In the US, Unemployment Claims, is about to reduce by 9K from the last week. Important signal of overall economic health because consumer spending is highly correlated with labor-market
AUD/USD – Falling in Range
AUD/USD continues to lose ground after bouncing short of parity, but is still in the same range. Will it stabilize or continue dropping? Here’s a quick update on technicals, fundamentals and community trends
Canadian Dollar – December 6-10
Rate decision, housing data and trade balance are the main events for Forex traders this week. Here is an outlook on the major events in Canada and updated technical analysis for USD/CAD. USD/CAD daily chart with support and resistance lines marked. Click to enlarge: Canada’s economy slowed more than expected in the third quarter due
EUR/USD Outlook – December 6-10
After a very exciting week, the upcoming week is also packed with indicators and with expected news about the debt crisis that rocks the Euro. Here’s an outlook for the events that will rock the Euro (including special announcements) and an updated technical analysis of EUR/USD, now in higher ground. EUR/USD daily chart with support
GBP/USD Outlook – December 6-10
The pound made a last minute effort and managed to jump over tough resistance. This week is quite busy, featuring the rate decision among many events. Here’s an outlook for the British events and an updated technical analysis for GBP/USD. GBP/USD daily chart with support and resistance lines on it. Click to enlarge: The weak
AUD/USD Outlook – December 6-10
AUD/USD made a huge recovery and is very close to parity once again. The upcoming week is very busy as well, with a rate hike and employment data. Here’s an outlook for the Australian events and an updated technical analysis for AUD/USD. AUD/USD daily chart with support and resistance lines on it. Click to enlarge:
Forex Weekly Outlook – December 6-10
A busy week with multi-national rate decisions, US Unemployment Claims, Trade Balance, Prelim UoM Consumer Sentiment and Federal Budget Balance. Here is an outlook on the influential events that will shape Forex traders for the coming week. Last week a new plan by President Barack Obama’s deficit-reduction commission was revealed aiming to cut $3.8 trillion from
AUD/USD Dec. 2 – Choppy Around Important Line
AUD/USD s struggling around the important line after mixed data was released in Australia. Today’s busy calendar promises lots of action? Here’s a quick update on technicals, fundamentals and community trends
Forex Daily Outlook – November 29 2010
We start the week with a very busy and interesting day. Treasury Currency Report in the US, Unemployment in Europe and much more. Let’s see what awaits us today. In the US, Treasury Currency Report, It provides a detailed review of global exchange rate policies, economic conditions, and central bank and government actions around the
NZD/USD Outlook – Nov. 29 – Dec. 3
Business confidence is the highlight of this week’s kiwi events, as the currency cannot avoid European troubles. Here’s an outlook for the events in New Zealand and an updated technical analysis for NZD/USD. NZD/USD daily chart with support and resistance lines marked. Click to enlarge: Inflation expectations, released this week in New Zealand, showed steady