Forex Outlook for the Week Ending November 25th - November 22, 2011 23:19

On Monday, United Kingdom reported its data on house price inflation while United States released its industry figure on existing home sales. In euro zone, official report on region’s current account was published. The Bank of Japan released minutes of is policy meeting held in November along with data on Japan’s trade balance. In Canada, […]

Single Currency recovers as Euro Bonds Stabilize - November 18, 2011 23:49

The euro recovered on Thursday as the investors were optimistic on stabilization of euro bond yields. The yield on the Italian 10-year government bond fell back to 6.81 percent from 7 percent in reaction to which the euro touched its intraday high of 1.3540. However, the Spanish government‘s 10-year bond still traded above the yield […]

Forex Markets: Weekly Outlook - November 15, 2011 23:31

Major economic events that have significant affect on the forex and currencies market for the week ending November 18th, 2011 are as follows: On Monday November 14th, 2011, euro zone reported its official data on the region’s industrial production. Switzerland also reported its data on producer price inflation on Monday. On Tuesday, November 15th, 2011, […]

Euro Gains in Hopes for Quick Implementation of Economic Reforms in Italy - November 11, 2011 22:54

The single currency gained on Thursday as investors were optimistic and hoped for quick implementation of economic reforms in Italy and Greece. Director of Currency research, Kathy Lien from GFT commented, “The main question is how quickly will we see additional action from European policy makers, Even though the euro-dollar has rallied, doing nothing is […]

Forex Weekly Outlook - November 7, 2011 23:38

Significant economic events around the globe that have affect on forex markets for the week ending November 11th, 2011 are as follows: Today in euro zone, report on investor confidence was released while in Germany, official data on retail sales and industrial production was reported. In United Kingdom, report on house price inflation was published. […]

US Dollar Recovers Versus its Rivals on Greece’s Debt Crisis - November 3, 2011 23:46

The US dollar gained versus its major rival currencies on Wednesday on dependence of Greece’s bailout package on the referendum announced by Greek officials. Strategist, Sue Trinh from RBC Capital Markets commented, “Headline risk remains acute as German Chancellor [Angela] Merkel and French President [Nicolas] Sarkozy speak with the Greek government, the International Monetary Fund […]

Euro Declines as European Leaders Remain Uncertain on Figure of Bailout Funds - October 27, 2011 23:32

The US dollar gained versus the single currency on Wednesday as the European Union leaders still failed to deliver any dollar figure for the recapitalization funds of the banks. The euro fell to 1.3911 against the US dollar on Wednesday as compared to 1.3921 on Tuesday’s North American trading session. The dollar index DXY which […]

Weekly Forex Outlook - October 25, 2011 23:57

Major economic events to affect the Forex Markets for the week ending October 28th, 2011 are as follows: On Monday October 24th, 2011, in euro zone reported its data on manufacturing and services sectors activity along with report on industrial new order. Germany and France reported their separate reports on activity in manufacturing and services […]

Forex: Weekly Outlook - October 18, 2011 23:57

List of major economic event that have significant affect on Forex market for the week ending October 21st, 2011 are as follows: On Monday, October 17th, 2011, United States, reported its official data on industrial production and capacity utilization rate. Moreover, report on manufacturing activity in New York State was also published. In United Kingdom […]