Forex Daily Outlook – January 14th 2010
January 13th, 2010 admin
The calendar is crowded today. The main events are a rate decision in Europe and American retail sales. Let’s see what’s up for today: No British figures are released today. Note that the GBP/USD rose above the 1.6270 resistance line (at the time of writing). The main reason for this is the rise is the NIESR GDP estimate that unofficially reported that the British economy expanded in Q4. The 0.3% growth means that (unofficially) Britain is out of recession. Read more in the British Pound forecast . Australia provides a strong start to the day with its …
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On the last day of the week, there are two major US releases: CPI and Consumer Sentiment, among other figures. Let’s see what’s up for today: German WPI started the day with a disappointing rise of only 0.2%. Yesterday’s final CPI figure compensates for it. The more interesting inflation release is later: CPI for the whole continent...
The dollar is certainly fighting back after dropping at the beginning of the week. Today’s most interesting figures come from Britain, which sees more range trading. Let’s review the events for today: In Europe, French CPI is the only notable indicator today. EUR/USD is having a hard time holding to the new ground after the break. For...
The week started with weakness in the dollar, including Sunday gaps in some currency pairs. Today’s main event is a double-feature trade balance release in the US and Canada. Let’s see what’s up for today: British figures start the day: BRC Retail Sales Monitor, also known as the mini-retail-sales is expected to rise modestly. The...
Another busy day is due with Chinese figures in the limelight. Let’s see what’s up for today. Will the dollar continue raging? EUR/GBP, which I’ve been following in the past week is definitely continuing the free fall , breaking more support lines on the way down. The main reason is the weakness of the Euro. Chinese GDP will supplies...
Another busy day is awaiting us: American Building Permits and British employment numbers are the highlights. Let’s see what’s up for today. Note the journey down of EUR/GBP , which moves by strong British figures and weak European ones. German PPI starts the day with an expected rise of 0.2%. Producer prices aren’t rising like...
A busy day expects forex traders. This includes the “mini-NFP” in the US and critical employment numbers in New Zealand among many figures from all over the world. Let’s see what’s up for today. British Nationwide Consumer Confidence starts the day early with an expected rise from 69 to 70 points. The Pound hasn’t really...
After moving up across the board, the Pound expects a very busy week: inflation, employment and retail sales are amongst the  events that will move the Pound. Here’s an outlook and an updated technical analysis for GBP/USD. GBP/USD chart with support and resistance lines marked on it. Click to enlarge: The unofficial NIESR GDP estimate...
U.S. Advance GDP, US Employment Cost and Canada’s GDP are the major event at the end of another trading week. Here is an outlook on today’s events. In the US, Advance Gross Domestic Product, the main measure of economic activity and growth in the world’s largest economy will bring the preliminary estimate of the U.S. GDP, which is forecasted...
The focus shifts to Britain today that receives a rate decision. There are lots of other important events worldwide. Let’s see what’s up today: Anticipation towards the Non-Farm Payrolls prevents significant breakouts. The markets are tense towards the release on Friday. Australia starts the day with two major releases: Retail Sales are...
The dollar is sweeping the board. Today we have no releases from the US, but important events elsewhere, with British and Canadian retail sales standing out. Let’s see what’s closing this volatile week. Australian Import Prices start the day with an expected fall of 1.7%, following last month’s drop. The Aussie has lost a lot of...
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VantageFX (Vantage FX) : Currency Highlights 03/09/2010
AUD/USD Initially fell to 0.9064 early in the session before risk appetite pushed... http://fb.me/IGt1C5zl.. Updated : 2010-09-04T04:05:56Z | Reply | View Tweet |
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247_Stocks (247 Stocks) : Fx Technical Analysis: AUD/USD Next To The Trendline: The AUD/USD is still in an uptrend, as judged on basis of http://url4.eu/7AvkQ.. Updated : 2010-09-04T02:57:04Z | Reply | View Tweet |
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kevinnugent (Kevin Nugent) : Nice to see AUD:USD sneaking up quietly to .92c this morning... Updated : 2010-09-04T00:59:25Z | Reply | View Tweet |
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allforexnews (Forex News) : #technical AUD/USD: Risk on, risk off: Having reached an intraday high around 0.9175, also fresh 3 weeks... http://bit.ly/au8Fs2 #fx #forex.. Updated : 2010-09-04T00:04:03Z | Reply | View Tweet |
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allforexnews (Forex News) : #technical Traders' Corner-- AUD/USD Technicals: AUD/USD has hit resistance around .9117 twice in the... http://bit.ly/b9M9mT #fx #forex.. Updated : 2010-09-03T22:12:03Z | Reply | View Tweet |
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