Post Tagged with: "ZEW Economic Sentiment"
Forex Daily Outlook – September 20 2011
US Building Permits and the Euro-Zone German ZEW Economic Sentiment are the most important events today. Here are the main events lined up. In the US, Building Permits, excellent indicator for the upcoming construction activity, measures monthly permits issued for the new residential houses, stabilize on 0.60M. Meanwhile on the Housing Starts (new housing
EUR/USD: Trading the German ZEW Economic Sentiment Index
The German ZEW Economic Sentiment Index is based on a monthly economic survey of economists and analysts and their views of the German economy. A higher reading than the previous month signals growth and bodes well for the Euro, while a lower reading could send the Euro downwards. Here are all the details, and 5
EUR/USD Outlook – September 19-23
The euro managed to recover, but didn’t get too far, as a Greek default is still on the cards. The upcoming week consists of important surveys and PMIs that will show if conditions continue to worsen. Here is an outlook for the upcoming events, and an updated technical analysis for EUR/USD. This week’s rate decision by the
EUR/USD Aug 23 – Pushes Higher
Euro dollar enjoyed some positive PMIs and managed to break resistance. The gains held even as the all important ZEW survey was back to Lehman levels. Before Berannke speaks on Friday, there are still many events to move the markets today. Here’s a quick update on technicals, fundamentals and what’s going on in the markets. EUR/USD
Forex Daily Outlook – August 23 2011
New Home Sales in the US and ZEW Economic Sentiment in Europe are the main events lined up. Let’s see what awaits us today. In the US, New Home Sales, important monthly indicator to rate the new homes that were sold, rise to 313K is expected from 312K on July. Later in the US, Richmond Manufacturing
EUR/USD Bounces Off Resistance On Weak Economic Sentiment
The ZEW Economic Sentiment for Germany continued its tradition of disappointing. It dropped to -15.1 points, deep in negative territory. Early expectations stood on a drop to only -11.8 points. The current conditions for July provided a positive surprise. Euro/dollar retreats from high resistance. EUR/USD is now trading at 1.4180. It challenged the resistance line of 1.42
Forex Daily Outlook – July 19 2011
Building Permits in the US and ZEW Economic Sentiment in Europe are the main events lined up. Let’s see what awaits us today. In the US, Building Permits, very important indicator to measure the new housing building permits supplied on the passing month, about to remain 0.61 million like on the previous month. Meanwhile Housing
EUR/USD Outlook – July 18-22
Euro/dollar had another roller coaster week, testing deeper waters. Apart from the ongoing debt crisis, there are quite a few indicators this week. Here is an outlook for these events, and an updated technical analysis for EUR/USD. After junking Portugal and Ireland, Spain and Italy may face credit rating downgrades as well. A default in
A Greek victory of sorts
The Greek government survived last night’s confidence vote, but there was virtually no sense of relief on the single currency. There are just too many huge hurdles to overcome, including agreeing the new austerity plan and putting it into law ahead of the mid-July deadline. In the meantime, the EU need to agree a new
Forex Daily Outlook – June 21 2011
Existing Home Sales in the US and German ZEW Economic Sentiment in Europe are the main events lined up. Let’s see what awaits us today. In the US, Existing Home Sales, measuring the number of built houses that were sold on the last month, drooped to 5.05 million on May and a further reduce is