Jan 2, 2012

Forex Crunch EUR/USD January 2 2012 – Enjoying the New Year (So Far)

Forex Crunch EUR/USD January 2 2012 – Enjoying the New Year (So Far)

EUR/USD January 2 2012 – Enjoying the New Year (So Far)

Posted: 02 Jan 2012 02:18 AM PST

Euro dollar is rising on very thin volume at the wake of 2012 just before all market participants return from their vacations. Outlooks for the euro-zone published over the weekend were quite grim as debt redemption looms over many countries and another month of contraction in manufacturing was confirmed. 

Here's an update on technicals, fundamentals and what's going on in the markets.

Read the rest of the article EUR/USD January 2 2012 – Enjoying the New Year (So Far)

Forex Crunch Key Metrics December 2011 and 2011 Roundup

Posted: 02 Jan 2012 02:18 AM PST

The last month of 2011 was slower than previous months as markets slowed down towards the holiday season and despite the break lower of the euro.

Looking at the whole of 2011, it was certainly a good year, with a total rise of 75% in page views from 2010.

Read the rest of the article Forex Crunch Key Metrics December 2011 and 2011 Roundup

Forex Daily Outlook January 3 2012

Posted: 01 Jan 2012 02:00 PM PST

ISM Manufacturing PMI in the US and Manufacturing PMI in the UK are the main events lined up.  Let’s see what awaits us today.

In the US, Federal Open Market Committee (FOMC) Meeting Minutes, Planned 8 times per year, full record of the latest FOMC’s meeting and shows the influential financial conditions on the interest rates.

Read the rest of the article Forex Daily Outlook January 3 2012

GBP/USD Outlook January 2-6

Posted: 01 Jan 2012 09:06 AM PST

GBP/USD surpised the markets with some unexpected movement during the holiday week. The pair broke the 1.57 resistance line (discussed last week), then dipped sharply to 1.5361, before recovering to close the week at 1.5527. There are five releases in the upcoming week, as the markets are  back in action. Here is an outlook for the upcoming events, and an updated technical analysis for GBP/USD.

The UK economy grew by 0.6% in Q3, which was surprisingly good news. Other indicators point to a more troubling picture for 2012, such as the current deficit, which has ballooned to 15.2 billion pounds.   Recently, the British pound managed to distance itself from the debt crisis affecting Europe. The movements in GBP/USD were still correlated with those made by EUR/USD, but the euro lost much more ground against the dollar. This has resulted in a big drop in EUR/GBP that reached levels seen only at the beginning of the year.

Read the rest of the article GBP/USD Outlook January 2-6

USD/CHF Outlook January 2-6 2012

Posted: 01 Jan 2012 07:45 AM PST

The Swiss franc had a quiet week against the dollar, closing just below the 0.94 level, which was very close to where it started the week. There are three releases in the upcoming week. Here is an outlook for the Swiss events, ad an updated technical analysis for USD/CHF.

With the Eurozone debt crisis in the daily headlines, investors and traders can’t seem to dump their Euros fast enough in favor of the dollar. The unsurprising result has been a EUR/USD drop of about 2.5% for 2011. What may surprise traders is the movement of the Swiss franc against the dollar in 2011 - a miniscule change of appoximately 0.25% for the year.

Read the rest of the article USD/CHF Outlook January 2-6 2012

AUD/USD Outlook January 2-6 2012

Posted: 01 Jan 2012 06:06 AM PST

The Australian dollar showed some movement at year’s end, dropping close to the parity level before rallying to end the year jsut shy of the 1.02 level.  The upcoming week has four indicator releases. Here is an outlook for the Australian events, and an updated technical analysis for AUD/USD.

The markets may have bid farewell to 2011, but the European debt crisis hasn’t gone anywhere far, and continues to weighs heavily on risk currencies such as the Australian dollar.  EUR/USD ended the year 400 pips lower, and if investors continue to flock to the US dollar for safety, the aussie could weaken.

Read the rest of the article AUD/USD Outlook January 2-6 2012
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