Dec 24, 2011

Forex Crunch Forex Weekly Outlook December 26-30 2011

Forex Crunch Forex Weekly Outlook December 26-30 2011

Forex Weekly Outlook December 26-30 2011

Posted: 24 Dec 2011 02:00 AM PST

The pre-holidays week already saw slower trading and no big moves for the greenback. US unemployment claims and consumer confidence are the major events closing 2011.  Here are the main market-movers this week.

Positive US figures released last week suggest careful optimism regarding the current US economic condition with another drop in weekly jobless claims to 364,000 and Consumer sentiment revised up to 67.7 Will this positive trend continue? The delay of the S&P report for the euro-zone to January should provide some relief as well.

Read the rest of the article Forex Weekly Outlook December 26-30 2011

Forex Articles for the Weekend – December 24

Posted: 23 Dec 2011 01:08 PM PST

It’s holiday season! Markets already slowed down in the days before the holidays. Also after this weekend, they will likely stay calm. It’s time for some long term articles on a variety of forex related topics.

Here are my picks from various sites and a digest of recent long term posts from this site:

Read the rest of the article Forex Articles for the Weekend – December 24

Canadian Economy Stalls, US Figures Mixed

Posted: 23 Dec 2011 05:31 AM PST

The Canadian economy didn’t grow, falling short of expectations for a small monthly growth rate of 0.1%. This is the figure for October, the first month of Q4. The publication casts a shadow on US growth as well, as these economies are well connected.

USD/CAD is ticking up after this release, bouncing off the lows of 1.0180 reached earlier. The moves are limited due to thin pre-holiday trading.

Read the rest of the article Canadian Economy Stalls, US Figures Mixed
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