The German ZEW Economic Sentiment provided a very positive surprise: it jumped to positive ground: +5.4 points.
This actually expresses optimism for a change. EUR/USD climbs but cannot break resistance.
Read the rest of the article EUR/USD Rises to Resistance on Strong ZEW Economic Sentiment
The Swiss franc had another quiet week, and showed little change against the dollar this week. The upcoming week is very quiet, with only two releases. Here is an outlook for the Swiss events, and an updated technical analysis for USD/CHF. All eyes are on the Greek bailout deal, as the troika and the Greek government try to hammer
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%
USD/CHF traded in a narrow range last week. closing just above the 0.95 level. The upcoming week is a quiet one, with only two releases. Here is an outlook for the Swiss events, and an updated technical analysis for USD/CHF. With the S&P cutting the credit rating for France and other European countries, the news in Europe continues
Claimant Count Change in the UK is the main event today. Here is an outlook on the market-movers awaiting us In the US, Import Prices, value the prices for imported goods and services, affects the businesses and consumers inflation, about to rise up from -0.6% on November to 1.0% now. More in the US, Crude
Unemployment Claims in the US and Retail Sales in the UK are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, weekly report to value the persons that filed for joblessness insurance, rise is predicted from 390K up to 396K. More in the US, Building Permits, monthly indicator of forthcoming
Existing Home Sales in the US and Retail Sales in the UK are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, value the persons that on the first time filed for unemployment insurance over the passing week, rise of 1K is expected up to 405K. Later in the US,
The Swiss franc had another volatile week across the board and made gains against the dollar. The upcoming week consists of two events. Here is an outlook for these events, and an updated technical analysis for USD/CHF. The improvement in the global sentiment weakened the US dollar and this also helped the Swiss franc. USD/CHF closed lower
US unemployment claims and Canadian retail sales are the major events this day. Let’s see what awaits us today. In the US, Unemployment Claims the number of Americans filing their initial unemployment claims increased more than predicted to 428,000 from 417,000 in the preceding week indicating uncertainty in the job market. A drop to 419,000
With the Swiss franc looking as if it was slowly beginning to lose its safe haven status towards the end of last week, the USD/CHF was bearish this week. Â The upcoming week consists of 2 important indicators. Here is an outlook for these indicators, and an updated technical analysis for USD/CHF. The Swiss franc