Forex Outlook for the Week Ending December 23rd - December 20, 2011 21:53

Major economic events that could affect the currencies trading for the week ending December 23rd, 2011 are as follows: On Monday December 19th, 2011, United Kingdom reported its industry data on house price inflation while Bank of England published its quarterly bulletin. Official data on current account was released in euro zone. Moreover, European Central […]

Weekly Forex Outlook - December 13, 2011 23:46

On Monday, government data on federal budget balance was reported in United States. Japan reported its preliminary data on machine tool orders, household confidence and corporate goods price index. In Switzerland, official data on employment level was released. On Tuesday, December 13th, 2011, official data on retail sales was published in United States while US […]

Forex Outlook for the Week Ending December 9th, 2011 - December 6, 2011 2:22

Significant economic events that have a major impact on forex and currencies markets for the week ending December 9th are as follows: On Monday December 5th, 2011, United States reported its official data on factory orders while Institute of Supply Management released its report on service sector activity. In euro zone, revised data on service […]

US Dollar Remains under Pressure on Successful Spanish and French Bond Auctions - December 2, 2011 23:54

The US dollar remained under pressure on Thursday despite bearish sentiments in US stock markets. The euro strengthened in reaction to the successful bond auctions of Spanish and French governments. On Thursday, Spanish government sold 3.75 billion euros of government bonds equivalent $5 billion. The Spanish bonds did saw increased in their yields but the […]

Weekly Outlook for Forex - November 29, 2011 23:54

On Monday, November 28th, 2011, United States reported its official data on new home sales while in euro zone, Germany published its preliminary data on consumer price inflation along with report on consumer climate. In United Kingdom, industry data on retail sales was released. New Zealand reported its data on business confidence on Monday. Today […]

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 […]