Posts Tagged ‘March’
Cable Technical Analysis 31st March
The current GBP/USD price action is at the 61.8 percent Fibonacci level from the 1.6745 – 1.6056 move down.
Cable has formed a bearish engulfing bar on the daily time frame after a failed attempt at the 1.6500 level.
There have been four straight up days in a row excluding yesterdays bank holiday [...]
What’s on the Economic Horizon
U.S. Unemployment Claims Seen at 379,000
Tankan Manufacturing Index to Rise to 6
Canadian GDP on Tap
United States
You win some, you lose some! The scrilla showed mixed results against its major counterparts yesterday when a bit of risk appetite in markets took a toll on the low-yielding dollar. EUR/USD inched 23 pips higher [...]
What’s on the Economic Horizon
U.K. CBI Distributive Sales On Downtrend?
ADP Non-Farm Report On Deck
United States
Whew! After battling with worse-than-expected economic reports from the U.S., the Greenback ticked higher against its pip comrades and capped the day with an 11-pip gain against the euro at 1.4103, 33 pips ahead of the franc at .9206, and a [...]
What’s on the Economic Horizon
No Changes Expected to U.K. Final GDP report
Down Tick in NZ Building Consents in February
U.S. Consumer Confidence Down to 64.9 in March?
United States
The dollar looked a lot like Britney Spears in her first live performance in years: lost. During yesterday’s trading, the scrilla seemed out of place as it got its [...]
What’s on the Economic Horizon
Canadian Governments Breaks Down
U.S. Pending Home Sales Due Today
EUR Gaps Down Over Weekend
United States
Like the blockbuster movie last weekend, the dollar sucker punched most of its major counterparts on bullish comments from members of the Federal Reserve and better-than-expected U.S. economic reports. EUR/USD ended the week with a 90-pip drop to [...]
What’s on the Economic Horizon
German IFO Business Climate to Dip this Month
Upward Revision in U.S. Final GDP?
SNB Quarterly Bulletin Due Today
United States
Going once…going twice… SOLD! The Greenback was aggressively sold across the board yesterday when investors flocked to the high-yielding currencies in anticipation of interest rate hikes. EUR/USD ended up rising by 90 pips to [...]
What’s on the Economic Horizon
Euro Zone Manufacturing and Services PMIs Due
U.K. Retail Sales Down by 0.5%?
U.S. Core Durable Goods Orders to Rebound in Feb
United States
The dollar’s performance was as messy as a sloppy joe during yesterday’s trading. It managed to munch on enough pips from its European counterparts to score wins. However, it also spilled [...]
What’s on the Economic Horizon
New Zealand to Slide Back to Recession?
Decision on Portugal’s Budget Due Today
Fed Head Bernanke Set to Testify Later
United States
After all those days of wild price action, the Greenback decided to kick back and grab an ice cold bottle of beer. But even though volatility chilled out yesterday, the U.S. dollar found [...]
What’s on the Economic Horizon
U.S. Existing Home Sales to Drop to 5.15 Million
New Zealand to Go Into a Recession?
United States
Ka-pow! The dollar got knocked out by its higher-yielding counterparts during Friday’s trading. Good thing it managed jab pips out of the yen and the Swissy as the G7 joint intervention rang the risk appetite bell. [...]
