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Forex Weekly Outlook – June 7-11

After the whopping Non-Farm Payrolls, the new week starts slowly but becomes intense later on. Rate decisions from New Zealand, Europe and Britain, and American retail sales and consumer confidence are the highlights among other events. Let’s see the major market movers this week. European news has been slower in the past week, with no

Higher Tensions towards the Non-Farm Payrolls

The tension in the markets is rising towards the release of May’s Non-Farm Payrolls. The already high expectations were raised on new data that has emerged. Updated towards the big event. EUR/USD returned back to the range after making a dip earlier this week. Another move after today’s figures was also contained. The markets are

Forex Daily Outlook – June 3 2010

Federal Reserve Chairman Ben Bernanke speaks in Chicago, Federal Reserve Bank of Boston President Eric Rosengren delivers a speech in Springfield and Federal Reserve Bank of Kansas President Thomas Hoenig speaks in Bartlesville, Unemployment Claims and the major event of the day US ADP Non-Farm Employment Change. A day full of activities awaits us. Let’s

Forex Weekly Outlook – May 31 – June 4

The upcoming week is very busy: we have rate decisions from Canada and Australia, GDP from various countries and the almighty Non-Farm Payrolls to end the week with a blast. Here’s the outlook for the major events that will impact forex trading. The markets calmed down, at least temporarily, after China denied dumping the Euro.

Dollar Rides on Bad US Figures

Risk aversion is the name of the game these days: US GDP was revised to the downside and jobless claims were higher than expected – the result from these bad numbers – another rise in the dollar across the board. Could this start a fall of the Euro to new lows? Gross domestic product for

Forex Daily Outlook – May 27 2010

US, Preliminary GDP is expected to rise, Federal Reserve Bank of St Louis President James Bullard delivers a speech in Stockholm and US Unemployment Claims are likely to drop this week. With this we open today’s review. In the US, Preliminary GDP relates to goods and services produced by the economy, is expected to go

Forex Weekly Outlook – May 24-28

GDP releases from the US and Britain, housing figures from the US are among the major market movers expected this week. Will the markets stabilize? Or will the crazy trading continue? Here’s the weekly outlook. The Greek crisis was not only far from over, but it turned into a global issue. The latest news is

Forex Daily Outlook – May 20 2010

US Philly Fed Manufacturing Index is released; Unemployment Claims are expected to drop once again, CB Leading Index is heading for a decrease. This and more awaits us today. In the US, Philly Fed Manufacturing Index, survey of about 250 manufacturers in the Philadelphia Federal Reserve district which asks respondents to rate the relative level

Forex Weekly Outlook – May 17-21

Figures from all over the world are expected this week, with Japanese GDP, European surveys and major US inflation figures standing out. As the focus remains on the Euro – threatening the “Lehman level”, we can be sure to get an exciting week. Let’s see what’s awaiting us this week. One aspect of recent week’s

Forex Daily Outlook – May 13 2010

US unemployment claims expected to drop this month, Federal Reserve Chairman Ben Bernanke speaks in Philadelphia and Federal Reserve Governor Donald Kohn participates in a panel discussion in Ottawa.  In Europe the economic recovery is underway although it is set to be a gradual one. Let us see what awaits us today. In the US,