Posts Tagged ‘Fundamentals’

What’s on the Economic Horizon
U.S. NFP report expected to print higher than 120,000
Canada to release its IVEY PMI report at 3:00 pm GMT
Swiss retail sales on tap
U.S. Dollar (USD)
Traders played tug-o-pips at the release of the ECB’s statement and mixed reports from the U.S., so the Greenback ended the day unchanged against most of its [...]

Saturday, May 5th, 2012 at 01:27 | 0 comments
Categories: Currency Charts

What’s on the Economic Horizon
U.K. services PMI seen at 54.4
ECB rate decision scheduled to shake markets at 11:45 am GMT
U.S. ISM non-manufacturing PMI expected to slide to 55.5
U.S. Dollar (USD)
Surprisingly enough, the dollar gained ground against most of its counterparts even though yesterday’s ADP report was a total bust. As a matter of fact, it [...]

Friday, May 4th, 2012 at 01:28 | 0 comments
Categories: Currency Charts

What’s on the Economic Horizon
Swiss retail sales to grow 1.2%?
Euro zone employment data on tap
U.K. construction PMI seen at 54.1
U.S. ADP expected to show increase of 178,000
New Zealand unemployment data set to rock NZD
U.S. Dollar (USD)
Better-than-expected U.S. economic data propped the U.S. dollar up against its major counterparts in yesterday’s trading. EUR/USD fell short of [...]

Thursday, May 3rd, 2012 at 01:27 | 0 comments
Categories: Currency Charts

What’s on the Economic Horizon
ISM Manufacturing PMI on Deck
Reserve Bank of Australia Expected to Cut Rates by 0.25%
U.S. Dollar (USD)
Is that a ranging market I see? Ah, why yes it is! Due to the absence of high impact economic reports, the safe haven Greenback found itself simply trading within tight horizontal channels versus other major [...]

Wednesday, May 2nd, 2012 at 01:27 | 0 comments
Categories: Currency Charts

What’s on the Economic Horizon
RBA to cut rates by 0.25% this week?
Canadian monthly GDP reading due today
U.S. core PCE price index and personal spending data on tap
U.S. Dollar (USD)
Did the Greenback just anger the Incredible Hulk? Then why, oh why, did it get heavily clobbered last Friday? EUR/USD jumped to its three-week high of [...]

Tuesday, May 1st, 2012 at 01:28 | 0 comments
Categories: Currency Charts

What’s on the Economic Horizon
BOJ set to rock markets with monetary policy statement
GfK German consumer climate index to stay at 5.9
KOF economic barometer on deck
U.S. advance GDP expected to show 2.6% expansion
U.S. Dollar (USD)
Even though the Fed left the door open for QE3 in its FOMC statement on Wednesday, the dollar was able to limit [...]

Saturday, April 28th, 2012 at 01:28 | 0 comments
Categories: Currency Charts

What’s on the Economic Horizon
Bernanke Still Open to QE3
RBNZ Keeps Rates Steady
U.K. Officially in a Technical Recession
BOJ Interest Rate Decision On Tap!
U.S. Dollar (USD)
Way to burn the Greenback, Big Ben! Thanks to the Fed head’s dovish remarks yesterday, the dollar continued to extend its losses against most of its counterparts. EUR/USD closed 33 pips higher [...]

Friday, April 27th, 2012 at 01:27 | 0 comments
Categories: Currency Charts

What’s on the Economic Horizon
FOMC Statement coming up at 5:30 pm GMT
RBNZ to hold off an interest rate increase?
UK quarterly GDP on tap
U.S. Dollar (USD)
The Greenback took hits against most of its major counterparts yesterday after the U.S. economic reports came in much weaker than many had expected. EUR/USD rose by 35 pips to 1.3187, [...]

Thursday, April 26th, 2012 at 01:27 | 0 comments
Categories: Currency Charts

What’s on the Economic Horizon
U.S. New Home Sales Expected to Have Risen in March
U.K. Public Sector Net Borrowing to Show a 15 Billion GBP Surplus
Canadian Data on Consumer Spending to be Published Today
U.S. Dollar (USD)
The Greenback found itself significantly higher yesterday, thanks to the rising political uncertainty and disappointing economic data from Europe yesterday. The [...]

Wednesday, April 25th, 2012 at 01:27 | 0 comments
Categories: Currency Charts

What’s on the Economic Horizon
German, French PMIs on Tap
Australian PPI Prints Weaker-Than-Expected
FOMC Statement Scheduled for Wednesday
U.S. Dollar (USD)
That is NOT how you wanna end the week! The doolar took a beating across the charts, as lost out against the euro, pound, and the comdolls. Will the dollar make a comeback or will the sell-off continue? [...]

Tuesday, April 24th, 2012 at 01:27 | 0 comments
Categories: Currency Charts