Post Tagged with: "Unemployment Rate"
Forex Daily Outlook January 30 2012
We start the week with some interesting events like Personal Spending in the US and EU Economic Summit in Europe as the main highlight on today’s outlook. Let’s see what awaits us today. In the US, Personal Spending, monthly value of all consumer’s inflation-adjusted, is about to rise by 0.1% up to 0.2%. And similar
EUR/USD Outlook Jan. 30 – Feb. 3 2012
Euro/dollar had a fantastic week, rising on fresh hope for Greece and from a weaker dollar, courtesy of Ben Bernanke. The upcoming week starts with an important summit and is packed with economic indicators. Here is an outlook for the week’s events, and an updated technical analysis for EUR/USD. Bernanke’s pledge to keep interest rates at
NZD/USD Outlook Jan. 30 – Feb. 3
Building Consents and employment data are the major events this week. Here’s an outlook for the events in New Zealand, and an updated technical analysis for NZD/USD Last week the Reserve Bank of New Zealand maintained its benchmark interest rate at 2.50% in light of ongoing uncertainty concerning global market conditions. Meanwhile Trade balance swung to surplus in
USD/CAD Outlook Jan. 30- Feb. 3
The Canadian dollar is touching parity with the greenback after another week of gains. Gross Domestic Product and employment figures are the highlights of this week. Here’s an outlook for the Canadian events and an updated technical analysis for USD/CAD. Ben Bernake’s extended rate pledge and hints of QE3 certainly helped weaken the US dollar. In Canada,
Forex Weekly Outlook Jan. 30- Feb. 3
The US dollar made a big retreat for a second week in a row. Will it continue falling? The Non-Farm Payrolls release is the highlight of a very busy week, which includes many figures from the US . Here is an outlook on the main market-movers coming our way. Ben Bernanke weakened the dollar with
Forex Daily Outlook January 19 2012
Unemployment Claims & Building Permits in the US are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, weekly report to value the unemployed that filed for insurance, due to reduce by 10K from the last month down to 389K. More in the US, Building Permits, It’s an outstanding monthly
Another Round of British QE is Closer as Unemployment Rises, Inflation Drops
The unemployment rate in the UK rose to 8.4% in November. This was a bit higher than the 8.3% estimated earlier, a number recorded also in October. After a drop in inflation reported yesterday, the chances that the Bank of England will further expand its QE program in the upcoming meeting in February are on
Forex Daily Outlook January 18 2012
TIC Long-Term Purchases in the US and Claimant Count Change in the UK are the main events today. Here is an outlook on the market-movers awaiting us In the US, Producer Price Index (PPI); primary sign of consumer inflation that value the producer’s price change of finished goods and services, deduction is expected from 0.3%
AUD/USD Outlook January 16-20
The Australian dollar rose over 100 pips against the greenback, closing just above the 1.03 level. The upcoming week is busy, with eight indicators being released. Here is an outlook for the Australian events, and an updated technical analysis for AUD/USD. Updates: The Aussie dipped under 1.03 as the ANZ Job Advertisements dropped by 0.9%, triggering worries about
GBP/USD Outlook Jan. 16-20
GBP/USD was down this week, falling almost 200 pips, before recovering somewhat to end the week at the 1.53 level. The upcoming week is a busy one, with seven releases. Here is an outlook for the upcoming events, and an updated technical analysis for GBP/USD. British QE expansion is likely in February, and more and more QE means