Forex-Weekly Outlook - March 6, 2012 23:09

Major economic events which have significant impact on forex markets for the week ending March 9th, 2012 are as under: On Monday, data on French and Italian purchasing managers Index was published in the euro zone while single currency region published its separate data on purchasing managers index for services sector. The euro zone also […]

Economic Events to Affect the Forex Markets - February 28, 2012 23:31

Major economic events to affect the forex markets for the week ending March 2nd, 2012 are as follows: On Monday, euro zone reported data on producer prices in France along with data on Italian business confidence. Data on M3 money supply was also published in euro zone. In United States, data on pending home sales […]

US Dollar Reaches its Highest in Seven Months Vs. the Japanese Yen - February 23, 2012 21:57

The greenback gained versus its major rivals on Wednesday while reached its record high in seven months against the Japanese yen. The single currency also declined in reaction to weaker than expected euro zone economic data. The greenback jumped to 80.24 against the Japanese yen on Wednesday as compared to 79.73 on Tuesday’s late trading […]

Weekly Outlook for Forex Markets - February 21, 2012 23:20

Major economic events to affect the forex markets for the week ending February 24th, 2012 are as under: On Monday, Japan reported its data on country’s balance along with data on coincident index and leading index. Markets in United States remained closed in observance of the President’s Day. In United Kingdom data on house prices […]

Euro Gains as European Partners Decide to Finalize the Bailout Package for Greece by Next Week - February 17, 2012 22:18

The euro gained on Friday in reaction to the news that Greece’s European partners will finalize a deal for the second bailout package by the next week. Director of currency research, Boris Schlossberg from GFT commented, “The euro rose as markets became convinced that the ongoing negotiations for the Greek bailout will finally conclude next […]

Economic Events to Affect the Forex Markets - February 14, 2012 22:56

Major economic events that have a significant impact on the Forex markets for the week ending February 17th, 2012 are as under: On Monday, in euro zone, data on German wholesale price index was released was Switzerland published its report on producer and import prices. In Australia, data on home loans and investment lending was […]

Economic Events to Affect the Forex Markets for Week Ending February 10th - February 7, 2012 23:55

List of major economic events that have a significant impact on the Forex markets for the week ending February 10th, 2012 is as under: On Monday, February 6th, data on German factory orders was published in euro zone while the single currency region released its separate indicator on investor confidence. In United Kingdom, data on […]

Forex Trading: Weekly Outlook - February 1, 2012 14:05

Major economic events to affect the forex markets for the week ending February 3rd, 2012 are as follows: On Monday, in euro zone, data on German consumer price index was released. Data on consumer confidence and business climate indicator was also released in the euro zone. In United States, data on personal consumption expenditure was […]

Weekly Forex Outlook - January 25, 2012 23:48

Major economic events which have a significant impact on the forex markets for the week ending January 27th, 2012 are as under: On Monday January 23rd, 2012, report on consumer confidence was released in euro zone. In Canada, index of leading economic indicators was released while in Australia, government data on producer price inflation was […]