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Forex Daily Outlook January 3 2012

anat — Sun, 01 Jan 2012 22:00:07 +0000

ISM Manufacturing PMI in the US and Manufacturing PMI in the UK are the main events lined up. Let’s see what awaits us today.

In the US, Federal Open Market Committee (FOMC) Meeting Minutes, Planned 8 times per year, full record of the latest FOMC’s meeting and shows the influential financial conditions on the interest rates.

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EUR/USD Outlook Nov. 28 – Dec. 2

Yohay — Sun, 27 Nov 2011 09:29:52 +0000

Euro/dollar made another move lower, on the spread of the bond rout to the core of the core: Germany. Apart from the worsening debt crisis, the upcoming week features 10 indicators. Here is an outlook for the events and an updated technical analysis for EUR/USD.

Germany failed to cover a routine bond auction, and its yields began rising as well. Will the ECB embark on QE now? Spanish yields remain under control despite another problematic auction while Portugal got a rating downgrade. Greece still awaits aid. Apart from the debt crisis, PMIs provided more evidence of a recession, but at least the IFO survey was positive, but all in all, there are many reasons for continued drops.

Read the rest of the article EUR/USD Outlook Nov. 28 – Dec. 2

EUR/USD Nov. 2 – Recovering Despite Weak Figures

Yohay — Wed, 02 Nov 2011 09:39:46 +0000

Euro dollar is now recovering from lows but remains far from a real change, as the Greek referendum is here to stay. Papandreou will be asked for explanations from his European counterparts today in Cannes. Euro-zone data has been weak. The focus will temporarily shift to the US, with a significant hint towards the Non-Farm Payrolls and Ben Bernanke’s press conference.

Here’s a quick update on technicals, fundamentals and what’s going on in the markets.

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Forex Daily Outlook – November 2 2011

anat — Tue, 01 Nov 2011 22:00:08 +0000

Today we have key events: FOMC Statement in the US and Construction PMI in the UK as the main highlights on today’s outlook. Let’s see what awaits us today.

In the US, FOMC Statement, the key tool that is used by the FOMC regarding monetary policy with investors, and regarding financial conditions for other policy measures. It also discusses the outcome of upcoming votes on monetary outlook.

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EUR/USD Outlook – Oct. 31 – Nov. 4

Yohay — Sat, 29 Oct 2011 13:00:02 +0000

Euro/dollar had a very exciting week around the European summits. It managed to climb back up to the previous range. Will it stay there? The upcoming week features the first rate decision by Mario Draghi, as well as other important indicators. Here is an outlook for the European events, and an up dated technical analysis for EUR/USD.

The European leaders went far by agreeing on a 1 trillion EFSF fund, a 50% Greek haircut and also on Italian reforms. Together with nice US growth, the markets were in a euro-phoria mode on Thursday, that faded out only a bit during Friday. Will the rally resume, or is the move over?

Read the rest of the article EUR/USD Outlook – Oct. 31 – Nov. 4

EUR/USD Sep. 29 – Continues Seeing the Bright Side of Life

Yohay — Thu, 29 Sep 2011 08:16:14 +0000

Euro dollar is pushing higher once again, recapturing the broken uptrend line. Optimism about a wide approval of the new EFSF powers in Germany, a big drop in unemployment there and end of month / quarter flows aid the pair. Will we see a really big move higher? There are quite a few events today.

Here’s a quick update on technicals, fundamentals and what’s going on in the markets.

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Forex Daily Outlook – September 29 2011

anat — Wed, 28 Sep 2011 21:00:14 +0000

Pending Home Sales in the US and Nationwide HPI in the UK are the major market-movers. Let see what awaits us today.

In the US, Unemployment Claims, weekly measurement of the persons that filed for unemployment cover, reduces from 423K on the last week to 420K this time.

Read the rest of the article Forex Daily Outlook – September 29 2011

EUR/USD Outlook – September 26-30

Yohay — Sat, 24 Sep 2011 13:00:21 +0000

Euro/dollar slid to a 7 month low. Greece continues to float between the next tranche of aid to the trenches. Will the fate of this debt hit country be known this week? Apart from Greece, the calendar is very busy and we will get hints on a possible rate cut by the ECB. Here is an outlook for the upcoming events, and an updated technical analysis for EUR/USD.

The big blow to the euro and to most currencies came from Ben Bernanke. The Fed announced “Operation Twist” but provided downbeat language on the economy and no further easing steps such as QE3. The impact of Bernanke on financial markets will likely accompany us for many months to come.

Read the rest of the article EUR/USD Outlook – September 26-30

EUR/USD Aug 31- Worries Balanced As Summer Ends

Yohay — Wed, 31 Aug 2011 11:22:13 +0000

Euro dollar is stuck in range, drifting between hopes for QE3 in the US and worries about the European debt crisis. As summer ends, volume and volatility are expected to pick up. We have important US data later on.

Here’s a quick update on technicals, fundamentals and what’s going on in the markets.

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Forex Daily Outlook – August 31 2011

anat — Tue, 30 Aug 2011 21:00:08 +0000

ADP Non-Farm Employment Change in the US and GDP in Canada are the main events today. Here is an outlook on the market-movers awaiting us

In the US, Automatic Data Processing, Inc. (ADP Non-Farm Employment Change, vale the employed people without government & farming business on the passing month, reduce of 7K is predicted to 103K.

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