Forex Crunch AUD/USD: Trading the Australian GDP Release |
- AUD/USD: Trading the Australian GDP Release
- Another Pause in Strong Vigilance? European Inflation is Easing
- EUR/USD Shows Impressive Strength Despite Weak Figures
- USD/CHF Bounces Off Lows on Weak GDP
- Forex Daily Outlook – May 31 2011
- AUD/USD May 31– Aussie Down Against US Dollar on Greek Debt Uncertainty
- USD/CAD Rises As Current Account Outweighs GDP
AUD/USD: Trading the Australian GDP Release Posted: 31 May 2011 03:03 AM PDT Expectations are very low for Australia’s Q1 GDP: a first contraction of the economy in over two years. This broad measure of the economy will rock the Aussie on any result. Here are the details and 5 expected outcomes for AUD/USD. Published on Wednesday at 1:30 GMT. Indicator Background Australia’s economy never went into a |
Another Pause in Strong Vigilance? European Inflation is Easing Posted: 31 May 2011 02:04 AM PDT |
EUR/USD Shows Impressive Strength Despite Weak Figures Posted: 30 May 2011 11:53 PM PDT French consumer spending dropped sharply: 1.6%, much more than 0.3% that was expected. Also German retail sales fell short of expectations. But the Euro remains resilient, holding on to gains at higher support. Update. The Euro-zone’s second largest country saw consumer spending drop sharply in April: -1.6%. This is not only significantly below expectations, but |
USD/CHF Bounces Off Lows on Weak GDP Posted: 30 May 2011 11:06 PM PDT The Swiss economy grew by only 0.3% in Q1 2011, falling short of expectations for a growth rate of 0.6%. USD/CHF, is bouncing off all time lows and moving higher, still capped by resistance. Switzerland had a great 2010, with growth rates at almost 1% per quarter. But now, the strong value of the Swiss |
Forex Daily Outlook – May 31 2011 Posted: 30 May 2011 03:00 PM PDT Consumer confidence, Chicago PMI in the US, employment and inflation in the Euro-zone and a rate decision in Canada are the main events lined up in this busy day. Let's see what awaits us today. In the US, Chicago Purchasing Managers Index - Monthly release measuring business conditions purchasing managers from Illinois, Indiana and Michigan. An |
AUD/USD May 31– Aussie Down Against US Dollar on Greek Debt Uncertainty Posted: 30 May 2011 12:12 PM PDT The Aussie traded lower Monday against the US Dollar on thin holiday trading following investor doubt on a resolution to Greece’s looming debt crisis. The Aussie was trading at 1.0681, down 0.23% at the time of this writing. Here's a quick update on technicals, fundamentals and community trends. AUD/USD Technicals Previous sessions: The Aussie traded |
USD/CAD Rises As Current Account Outweighs GDP Posted: 30 May 2011 05:33 AM PDT The Canadian economy grew by 0.3% in March, better than 0.2% that was expected. But the deficit in the current account was three times the early estimations. USD/CAD bounces off support and rises. In February, the Canadian economy squeezed by 0.1% (revised from -0.2% initially reported) – the first contraction in 5 months. This disappointed |
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