Posts Tagged ‘March’
What’s on the Economic Horizon
RBA Minutes Due Early Tomorrow
Canadian Wholesale Sales on Tap
U.S. Dollar (USD)
That wasn’t exactly how the dollar wanted to cap the week! With risk appetite in full swing, the scrilla took an old school, back-alley beating. EUR/USD rose nearly 100 pips to finish at 1.3175, while AUD/USD gained 64 pips to end [...]
USD/CHF Weekly outlook 19 March – 23 March
The USD/CHF closed last week with a long tailed bearish pin bar suggesting a continuation of the greenbacks decline against the Swiss Franc.
The bearish pin seen last week showed a clear rejection and almost perfect bounce of a 61.8% Fib retracement from the markets most recent downswing.
The bearish [...]
What’s on the Economic Horizon
U.S CPI to show 0.4% uptick for Feb?
Canadian manufacturing sales report on tap
U.S. Dollar (USD)
The Greenback just couldn’t keep up its winning streak yesterday as it returned most of its recent gains to its major counterparts. EUR/USD managed to close nearly 50 pips up from its 1.3033 open price while GBP/USD [...]
What’s on the Economic Horizon
Improvement in Philly Fex Index?
SNB Interest Rate Decision on Deck
U.S. Dollar (USD)
Ready to head up to the club? The scrilla’s buying! And why not? It just posted impressive gains versus the euro, Australian dollar, and the yen. Can the dollar continue to dominate? Or will the party be coming to an [...]
What’s on the Economic Horizon
U.K. employment data to boost the pound?
Euro zone CPI on the docket
U.S. current account deficit expected to widen
U.S. Dollar (USD)
And the dollar strikes again! Everything went the dollar’s way yesterday as strong retail sales data and optimism from the Fed combined to extend the dollar’s rally. Against the yen, it hit [...]
What’s on the Economic Horizon
BOJ to lean towards more easing?
U.S. retail sales on tap
U.K. trade balance due today
U.S. Dollar (USD)
It’s payback time! For the low-yielding currencies, that is. Save for the euro, the Greenback continued to dominate its high-yielding counterparts yesterday with Cable slipping by 27 pips to 1.5641. Meanwhile, USD/CHF also registered a 35-pip [...]
What’s on the Economic Horizon
BOJ to hold monetary policy statement tomorrow
FOMC statement just around the corner
U.S. Dollar (USD)
The dollar put on a show last Friday as it flexed its muscles and gained ground against all of its major counterparts. Thanks to upbeat employment data, it had no trouble finding buyers. It was downright beastin’! EUR/USD [...]
What’s on the Economic Horizon
U.S. NFP figure to show 209K increase in hiring
Canadian trade surplus could narrow from 2.7B to 2.0B CAD
Greek PSI announcement at 6:00 am GMT today
U.S. Dollar (USD)
The Greenback was one of the biggest losers in yesterday’s competition as traders rushed to cover their short positions prior to the Greek PSI announcement. [...]
What’s on the Economic Horizon
All Eyes on Greek Bond Swap Deal
Weekly Unemployment Claims Expected to Rise
U.S. Dollar (USD)
The Greenback has been unable to find a clear direction in the last 24 hours as it has just been bouncing around in a sideways range against other major currencies. Versus the euro, for instance, the Greenback rallied [...]
What’s on the Economic Horizon
Australian Q4 GDP fell short of expectations
U.S. ADP figure expected at 204K for Feb
RBNZ to keep rates on hold at 2.50%
U.S. Dollar (USD)
The Greenback showed ‘em who’s boss yesterday as the safe-haven currency raked in gains from most of its major counterparts, except for the Japanese yen. USD/JPY opened [...]
