Forex Crunch Forex Weekly Outlook – October 3-7 |
- Forex Weekly Outlook – October 3-7
- Forex Articles for the Weekend – October 1 2011
- Canada Began Q3 With Good Growth – Loonie Unexcited
| Forex Weekly Outlook – October 3-7 Posted: 01 Oct 2011 12:00 AM PDT After consolidation and correction, the tables turned in favor of the dollar once again and as a new quarter begins, the calendar is very busy. Rate decisions in the euro-zone, Britain, Australia and Japan and a grand finale with US Non-Farm Payrolls are at the top of our market-movers list this week. Here is an outlook on the major events lined up. Hopes towards a huge bailout fund in Europe began meeting reality. Also the more immediate matters, such as the next tranche of aid for Greece, aren’t resolved. The troika returned to Athens, but the deal isn’t done. Not yet. Last week US jobless claims fell to 391K indicating recession is not around the corner. Is this promising figure an indicator that the unemployment rate would bring the US economy and job market back on track? We have many important figures leading up to the NFP. Read the rest of the article Forex Weekly Outlook – October 3-7       |
| Forex Articles for the Weekend – October 1 2011 Posted: 30 Sep 2011 01:02 PM PDT The exciting month of September has end with some consolidation and correction after the big moves. Before markets open up for the new month and the last quarter, it’s time for some long term forex related reads. Here are my picks. Enjoy! The euro found many reasons to rise after reaching 8 month lows. One of the drivers for this move was adjustments at the end of the month and the quarter. These moves could reverse next week. Read the rest of the article Forex Articles for the Weekend – October 1 2011     |
| Canada Began Q3 With Good Growth – Loonie Unexcited Posted: 30 Sep 2011 05:32 AM PDT The Canadian dollar managed to recover against the US dollar before the release of Canadian GDP, and now makes a small retreat as Canada prints 0.3% growth in the month of July, the first month of Q3, exactly as expected. Putting expectations aside, this is a nice growth rate, but it didn’t exceed expectations. These expectations were reflected in a drop of about 50 pips in USD/CAD before the release. The pair fell to 1.0413 and is now marginally higher at 1.0430. Read the rest of the article Canada Began Q3 With Good Growth – Loonie Unexcited     |
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