Forex Daily Outlook – March 12th 2010
March 11th, 2010 admin
Two American figures will be in the limelight todya: retail sales and consumer sentiment. In addition, we have employment figures from Canada and other events. Let’s see what’s up for today. Up to now, this week saw tight trading, especially in the major pairs. Only the Aussie stood out with a break, enjoying good employment figures among other reasons to rise. OK…
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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...
US Core Retail Sales, Retail Sales and Preliminary UoM Consumer Sentiment are the main events today. Let’s see what’s on the menu at present: In the US, Core Retail Sales and Retail Sales are expected to show a decline in the US economy; Core Retail Sales, from 4.0% to 1.0% and Retail Sales, from 0.4% to 0.2%. Later in the US, Preliminary...
U.S. Consumer Price Index and Retail sales, US, Consumer Sentiment and Federal Reserve Bank of Kansas President Thomas Hoenig’s speech in Nebraska are the major events closing another trading week. Here is an outlook on today’s market moving events. In the US, Consumer Price Index, the main measure of inflation and U.S. Retail Sales,...
The final day of the week is all about the major pair EUR/USD – lots of figures will be pouring out of these two regions and will determine the direction of pair towards the close of the week. Let’s see what’s up for today. European figures Europe’s GDP number will take the attention in the morning. Germany’s Prelim...
A busy day is expecting us. The focus is still on the Greek crisis – the market will move by the voices heard at the EU Economic Summit. There are lots of other figures elsewhere. Let’s see what’s up for today. Employment figures in Australia will rock the Aussie early in the day. Australian employment change is expected to show...
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...
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,...
American ADP payrolls, factory orders, Canadian GDP and the important Japanese Tankan indicator are the highlights of a very busy day n forex trading. There are many more events from all over the world. Let’s see what’s up for today. Australia provides a strong start to the day with two major releases: Retail Sales, which rose by 1.2%...
The dollar gained back some of the losses amid a light calendar. Also today, there aren’t any huge events, but there are some indicators that will move currencies. Let’s see what’s up for today. British BRC Retail Sales Monitor began the day with a rise of 2.2%. This can hint about the official retail sales figure. The RICS House...
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...
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