The Euro and Cattle Futures Follow Through – Signalling Inflation Incoming - December 27, 2012 1:27

Last week’s close in both the EURUSD pair, $1.319, and Cattle Futures, $133.64 per hundredweight, marked breakouts for both markets.  The Euro broke through a quadruple top at $1.317 on the weekly chart pushing past $1.32 last week but couldn’t hold it.  During this, the last week of the year, the EURUSD pair pushed again […]

EIA Reports Increase in Crude Oil Inventories - March 1, 2012 23:49

Energy Information Administration released its weekly data on crude oil inventories on Wednesday according to which crude oil stockpiles gained 4.2 million barrels for the week ending February 24th, 2012 as compared to analysts expected increase of 1 million barrels. EIA also reported decline of 1.6 million barrels in gasoline inventories as compared to expected […]

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 […]

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 […]

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 […]

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 […]

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, […]

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 […]

Weekly Outlook for Forex - September 27, 2011 23:56

List of major events that have significant affect on Forex market for the week ending September 30th, 2011 are as follows:- Yesterday on Monday, Ifo Institute of Economic Research released its report on German business sentiment in euro zone. New Zealand reported its data on its trade balance while in United States, official data on […]