Forex Crunch EUR/USD Outlook – June 13-17 |
- EUR/USD Outlook – June 13-17
- USD/JPY Outlook – June 13-17
- NZD/USD Outlook – June 13-17
- USD/CAD Outlook – June 13-17
- We Have A Volunteer For Greek Losses
- GBP/USD Outlook – June 13-17
| Posted: 12 Jun 2011 01:30 AM PDT The euro underwent another hectic week, but this time it ended much lower. The upcoming week consists of more scrambling towards a resolution for the Greek crisis, and important indicators. Here is an outlook for the European events, and an updated technical analysis for EUR/USD. While Trichet did signal a rate hike in July, everything |
| Posted: 12 Jun 2011 01:00 AM PDT The rate decision is the highlight of a very busy week in Japan. Here's an outlook for the Japanese events and an updated technical analysis for USD/JPY. Last week USD/JPY came below the critical 80 level strengthening the yen against the dollar due to a disappointing slowdown in the US market with worse than predicted Final GDP figures |
| Posted: 11 Jun 2011 11:00 PM PDT The kiwi continues to strengthen raising concerns among government officials. Retail sales is the major event this week. Here’s an outlook for the events in New Zealand, and an updated technical analysis for MZD/USD The central bank of New Zealand maintained its benchmark interest rate at 2.50% despite signs of inflationary pressures from an expected GDP expansion, making |
| Posted: 11 Jun 2011 02:00 PM PDT Capacity Utilization Rate and Mark Carney’s speech are the highlight of this week. Here’s an outlook for the Canadian events, and an updated technical analysis for USD/CAD. The Canadian employment sector increased by 22,300 jobs in May in line with expectations while the unemployment rate fell further from 7.6% to 7.4% weakening the USD/CAD. Will the Canada’s |
| We Have A Volunteer For Greek Losses Posted: 11 Jun 2011 11:58 AM PDT Trichet resists any involuntary private sector participation in a Greek bailout? Well, German banks are showing some involuntary signs of volunteering to participate, as pressure for Greek restructuring continues to mount over the weekend, from many directions. This may weigh on the euro at the beginning of the week. Updates. Early preparations Merkel began preparing |
| Posted: 11 Jun 2011 07:44 AM PDT The pound had a very bad week, and lost a lot of ground. Will this continue? We have key inflation and employment figures now, among other events. Here’s an outlook for the upcoming events and an updated technical analysis for GBP/USD. An improved trade balance deficit helped the pound only marginally. With no move on |
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