Forex Daily Outlook – March 8th 2010
March 7th, 2010 admin
The week starts without major releases. German industrial production and Swiss retail sales will stand out. Here’s the daily outlook. Note that the weak, yet expected Non-Farm Payrolls will still echo in the markets. The dollar enjoyed some strength against the majors last week but lost ground to the commodity currencies. OK, let’s see the events: Japan starts the day with a few …
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The new week starts with American Personal Spending among other figures from all over the world. Will EUR/USD resume the downtrend ? Let’s see what will move the markets today: Japan starts the day with Retail Sales. Thy’re predicted to rise by 1.7% (annualized), slower than last month’s 2.3% figure. On the other side of the day,...
The calendar is crowded today with major releases: Australian jobs, a rate decision in Switzerland and important figures in the US are the highlights today. Let’s see what’s up. As seen in the Non-Farm Payrolls and also beforehand, the commodity currencies continue to show strength while the Euro and the Pound are weak. This will probably...
Today’s highlights are the Australian GDP and American ADP Non-Farm Payrolls, which will raise the tension towards Friday’s big event. Let’s see what’s up for today. The low expectations for Friday’s Non-Farm Payrolls are favorable for the dollar. Here’s my Non-Farm Payrolls preview . Let’s start today’s...
In the last day of the week, the scene is clear for the king of forex – Non-Farm Payrolls. Let’s see what it’s expected to bring us, and what other events are out there. Trading during this day, and especially around the release is different than normal days. The markets trade in high volatility. I recommend reading my 5 notes for...
Another busy day expects forex traders: a rate decision in Japan, employment figures in Britain and Ben Bernanke for dessert are among the events today. Let’s see what’s on the menu. The most popular pair, EUR/USD, recently enjoyed some gains, but didn’t breach significant technical levels. I see it as a rise before the fall . What...
The week ends with relatively light calendar. with major events coming mostly from Canada. Let’s see what’s up for today: Is EUR/USD starting the fall? It’s still in a range, but fails to reach higher ground again and again. I think it’ll drop soon. What do you think? German PPI starts the day with an expected rise of 0.1%,...
U.S. ADP an early indicator of non-farm payrolls and US ISM Non-Manufacturing Index are the major activities on our menu. Here is an outlook on today’s market moving events. U.S. Automatic Data Processing Employment Report, a preliminary estimate for the outcome of the monthly non-farm payrolls is expected to add as many as 36,000 new jobs...
The week ends with more important releases: British and Canadian retail sales and American inflation numbers among other releases. Let’s review the events: Commodity currencies enjoyed a good week , riding on less fear in the markets. Will they manage to close the week higher? In recent weeks, Fridays were quite crazy. Following the rate decision...
The upcoming week features less US figures after the Non-Farm Payrolls. Rate decisions in Japan, Australia, Canada and Britain are the highlights. Here’s an outlook for the major market moving events. Monday is Labor Day in the US and Canada. The markets will be more quiet than usual, but Friday’s Non-Farm Payrolls will still echo in...
The beginning of the new month is busy as always, culminating with the Non-Farm Payrolls. There are lots of other major events as well. Here’s an outlook for the market-moving events that are awaiting us. The Chinese central bank lifted the peg on the yuan, in a move that was anticipated for a long time. Commodity currencies enjoyed it , while...
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