Scandinavian Currency Analysis
May 26, 2009 10:47 am by Greg HoldenPrimary news affecting the Scandinavian currencies these past weeks has been the movement of the major world currencies. This is nothing new for those traders who invest in the Swedish Krona, or the Danish and Norwegian Krone.
CB Consumer Confidence Report Today!
May 26, 2009 9:40 am by Greg Holden26 May 2009 8:00 GMT - EUR - Current Account: • This is the difference between imported and exported goods in the Euro-Zone.
Ifo Business Climate Expected Today!
May 25, 2009 12:04 pm by Greg Holden25 May 2009 8:00 GMT German Ifo Business Climate report (already released): - Monthly indicator measuring confidence in the German business sector - Highly respected report considering its historic correlation between the economic conditions of Germany and the broader Euro-Zone - Report ...
Gold Prices Set to Decrease?
May 25, 2009 11:54 am by Greg Holden• Below is the 1-hour chart for Gold • There appears to be a "Head-and-Shoulders" formation developing • Point #1 indicates the first "shoulder"
Australian Dollar at 7-Month High
May 21, 2009 4:42 pm by Natalie R.Australia’s dollar rose to a 7-month high on speculation that decreases in currency and stock volatility will add to demand for the nation’s higher-yielding assets. Gains in the AUD were also a result of a weakness of the U.S Dollar ...
British Revised GDP – 1st Quarter
May 21, 2009 3:20 pm by Dan EduardThis Friday the British Revised GDP figures are scheduled to be published at 8:30 GMT. This data release is a measure of the alteration in the value of services and goods that are produced by the British economy in each ...
French and German Manufacturing/Services PMI
May 21, 2009 9:51 am by Natalie R.French Flash Manufacturing/Services PMI This is a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy.
Positive ZEW Economic Expectation Boost the EUR
May 20, 2009 3:03 pm by Greg HoldenThe EUR experienced a bullish day of trading yesterday, mainly due to the German ZEW Economic Expectation figures. The ZEW indicator jumped to 31.1 in May from 13.0 in April, above economist estimates of a 20.0 reading. This suggests that ...
British Retail Sales – May 2009
May 20, 2009 2:20 pm by Dan EduardOn Thursday 21 May at 8:30 GMT the Retail Sales figure is set to be released. The data release measures the total alteration in the real value (inflation-adjusted) of sales that are produced by British retailers. The release is highly ...
Canadian Currency Looks to Go Up
May 20, 2009 1:29 pm by Yan PettersLater on this week, a bundle of data is expected from the North American country: Canada. As you all probably know, for many years, Canada took a lot of pride in its thriving economy, and the wealth of its citizens. ...
